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MA Financial agrees to $90m deal for property manager
by Will Paige • 26 May 2025
The $90 million takeover is expected to grow MA Financial’s AUM to $12 billion.
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Housing crisis deepens amid affordability woes and supply shortfall
by Will Paige • 23 May 2025
Sluggish new house supply has exacerbated affordability problems for prospective home buyers.
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Banks step up support for NSW flood victims
by Will Paige • 23 May 2025
Lenders are providing emergency assistance to customers and businesses as fears grow that floods could worsen in parts... READ MORE
Hot Property: The biggest property headlines from the week 19–23 May
by Ben Squires • 23 May 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 23... READ MORE
Teachers Mutual and Australian Mutual boards endorse proposed merger
by Annie Kane • 22 May 2025
With due diligence having been completed on another mutual merger, both boards are now recommending that the deal... READ MORE
Brokers aren’t the mortgage cost problem, says industry
by Annie Kane • 22 May 2025
Aggregator heads have slammed a column in The Australian Financial Review for suggesting that cutting out brokers would... READ MORE
Plenti portfolio grows by a fifth after originations surge
by Will Paige • 22 May 2025
Growth across all lending verticals drove a 19 per cent jump in Plenti’s loan portfolio in the financial year ending... READ MORE
LMG adds 2 lenders to commercial panel
by Will Paige • 22 May 2025
Specialist lenders Funding and N1 Holdings have joined LMG’s commercial lending panel as the aggregator continues its... READ MORE
ASIC sues Resimac over customer hardship failings
by Will Paige • 21 May 2025
The regulator has claimed Resimac adopted a one-size-fits-all approach to hardship applications that was... READ MORE
Banning LRBAs not on government agenda: Treasurer
by Keeli Cambourne • 21 May 2025
Treasurer Jim Chalmers has said the government is not “considering” banning LRBAs in SMSFs, despite the Greens’... READ MORE
CBA acts to speed up asset finance options
by Will Paige • 21 May 2025
The major has made a host of changes to its asset finance offering, including for brokers, as it works to reduce the... READ MORE
Lenders remain bullish on commercial real estate
by Will Paige • 21 May 2025
Demand for commercial mortgages has remained relatively unchanged over the past year despite intensifying global... READ MORE
Rate cut renews borrower and broker optimism
by Annie Kane • 20 May 2025
The broking industry has welcomed the latest rate drop, particularly as several lenders have moved quickly to confirm... READ MORE
RBA cuts cash rate below 4% for first time in 2 years
by Will Paige • 20 May 2025
The cash rate will drop below 4 per cent for the first time in two years as the central bank continues its rate-easing... READ MORE
Market widely expects 25-bp rate cut today
by Will Paige • 20 May 2025
There is near-unanimous agreement that the RBA will reduce the cash rate today, but longer-term forecasts are being... READ MORE
February rate cut triggers refinancing flurry
by Will Paige • 20 May 2025
Refinancing surged in March and April as the rate-easing cycle prompted mortgage holders to seek out more competitive... READ MORE
AFCA moves to expand oversight to bank scams
by Will Paige • 20 May 2025
If proposed changes are approved, receiving banks will fall within AFCA’s jurisdiction when it assesses complaints... READ MORE
E-conveyancing competition calls intensify after PEXA ‘issue’
by Annie Kane • 19 May 2025
Conveyancers are calling for more ELNO competition after a “technical issue” at PEXA resulted in delays to some... READ MORE
More than half of SMEs plan to borrow in the next year
by Will Paige • 19 May 2025
An increasing number of small businesses are looking to take out finance in the next year, according to Lumi.
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Aussie launches white label bridging loan
by Will Paige • 19 May 2025
The major brokerage has partnered with Bridgit to offer a new white label bridging loan.
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Cost crunch among top challenges for broker clients
by Will Paige • 19 May 2025
Cost pressures and access to capital are among the top concerns for brokers’ clients, Shift research shows.
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ING moves to new settlement tech
by Annie Kane • 16 May 2025
The non-major bank is harnessing MSA National technology to transform its settlement process with near-instant loan... READ MORE
Flint announces expansion into SA via merger
by Annie Kane • 16 May 2025
Sydney brokerage Flint has begun expanding its presence across Australia, as an Adelaide-based brokerage merges into... READ MORE
BNK appoints new COO
by Will Paige • 16 May 2025
FleetPartners’ former head of lease establishment has joined non-bank lender BNK.
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Fintelligence adds Moneytech to commercial panel
by Will Paige • 16 May 2025
The AFG-owned aggregator has bolstered its commercial panel in response to growing demand for SME finance... READ MORE
North Qld small businesses offered disaster relief grants
by Will Paige • 16 May 2025
The government is providing $15,000 disaster relief grants to small businesses in North Queensland.
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Hot Property: The biggest property headlines from the week 12–16 May
by Ben Squires • 16 May 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16... READ MORE
AMP CEO defends 10-year IO loan offering
by Annie Kane • 15 May 2025
After its new, 10-year interest-only home loan raised eyebrows, AMP CEO Alexis George has defended the loan... READ MORE
CBA proprietary flows continue to dominate
by Annie Kane • 15 May 2025
The proportion of broker-originated mortgages continues to fall at CBA, with 68 per cent of new home loans coming from... READ MORE
New home lending grows annually, investment loans near record
by Will Paige • 15 May 2025
The value of new home lending in the March 2025 quarter was more than 14 per cent higher year on year, despite a slight... READ MORE
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