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Breaking News
Home buyers face accelerated construction costs
by Reporter • 13 Apr 2022
National residential construction costs rose by 9 per cent over the year to March, the highest annual growth recorded...
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Melbourne and Sydney suburbs at forefront of value declines
by reporter • 12 Apr 2022
The top-end and inner-city suburbs of Australia’s most populous cities are seeing a slip in values, new CoreLogic...
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Foreign investor fined $250k for unauthorised property purchases
by Juliet Helmke • 12 Apr 2022
A property investor has become the first person to be issued with a penalty for breaching of Australia’s foreign...
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Borrowers at risk if inflation eats at wages: RBA
by Sarah Simpkins • 11 Apr 2022
The majority of mortgage holders are expected to weather looming rate rises, but the Reserve Bank has issued warnings...
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Pepper Money launches ‘Broker Shout Out’ campaign
by Annie Kane • 11 Apr 2022
The non-bank lender is asking brokers to nominate industry representatives that have “made a real-life difference to...
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72% of future FHBs expect to use government assistance
by Annie Kane • 11 Apr 2022
Nearly three-quarters of future home buyers expect to rely on government schemes and financial support, according to...
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HomeBuilder has mixed consequences: AHURI
by Sarah Simpkins • 11 Apr 2022
The housing measure provided positives in the short term, but a new report has warned it escalated prices and placed...
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BankVic trials mortgage broker distribution
by Annie Kane • 8 Apr 2022
Police, government, health, nursing and emergency services staff will be able to access BankVic mortgages via the...
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New outsourcing provider launches for brokers
by Annie Kane • 8 Apr 2022
The Prime Minister of Fiji has officially opened a new outsourcing provider for the broking industry established by...
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‘Can’t get to everything’: ASIC pressed on dismissed complaints
by Sarah Simpkins • 8 Apr 2022
The regulator has been grilled on why it decided to pursue no further action for 65 per cent of reports of misconduct...
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Sandstone sets focus towards SME lending with new partnership
by • 8 Apr 2022
The banking fintech’s deal with pricing fintech Brilliance is intended to be a measure that helps streamline the SME...
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Hot Property: The biggest property headlines from the week 4-8 April
by reporter • 8 Apr 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 8...
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Loan Market Group nicks BOQ exec
by Sarah Simpkins • 7 Apr 2022
A former director and adviser for Loan Market is set to return, to become its parent group’s new chief operating...
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SME lender rolls out ESG discounting
by Annie Kane • 7 Apr 2022
Brokers using Fifo Capital can access discounted cash-flow loans for SME clients if they’re able to demonstrate...
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TMB’s responsible investment products near $10bn
by reporter • 7 Apr 2022
Growing focus on environmental impact and green footprints has seen the bank’s RIAA products rise by $1 billion in...
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$20k grants for NSW flood residents
by • 7 Apr 2022
As part of the state government’s flood relief, a further $112 million package has been set aside for flood-impacted...
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Female broker representation drops to new low
by Annie Kane • 6 Apr 2022
Just a quarter of all brokers are women, new MFAA stats show, the lowest proportion observed for the past six years.
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Former mortgage broker banned for 6 years
by • 6 Apr 2022
ASIC has banned former Finsure broker Rodney Peter Maher after he was found to be “reckless” in providing...
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Grow expands into agri
by • 6 Apr 2022
Non-bank lender Grow Finance extends its business loan to include primary agriculture, as well as increase its asset...
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RBA reveals post-budget cash rate decision
by Sarah Simpkins • 5 Apr 2022
The Reserve Bank has revealed its cash rate call for April, as inflation and costs continue to creep higher.
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Connective state manager joins NAB Broker
by • 5 Apr 2022
The appointment, which will oversee its southern region presence, comes after calls that the major bank will invest...
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ASIC bans former adviser and broker for 10 years
by reporter • 5 Apr 2022
After having been jailed for breaking Western Australian COVID-19 rules to attend an AFL Grand Final match, former...
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AFG Securities prices $750m RMBS
by reporter • 5 Apr 2022
The lending arm of AFG has priced its upsized $750 million residential mortgage-backed securities issue as it prepares...
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Pepper to take majority stake in Stratton Finance
by Annie Kane • 4 Apr 2022
The lender is set to acquire 65 per cent of the major asset finance broking platform for $78 million in cash.
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MAB to ‘strategically invest’ in broker businesses
by Annie Kane • 4 Apr 2022
The broker network has launched a new strategic investment model that aims to help brokers accelerate their business...
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