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Breaking News
Money3 funding cap rises to $665m
by • 20 Jun 2022
The vehicle finance specialist has confirmed that it has received new mezzanine funding, boosting its funding ceiling...
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Rate-decreasing loan launched for SMEs
by Annie Kane • 17 Jun 2022
SMEs with good repayment histories will see loan rates drop by 25 bps every six months as part of an “Australian...
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9/10 Australians confident brokers have best interests at heart
by • 17 Jun 2022
The majority of borrowers see brokers as being tuned in to their needs with borrowing and refinancing, according to...
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Hot Property: The biggest property headlines from the week 13-17 June
by Reporter • 17 Jun 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 17...
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Wisr prices second ABS transaction
by reporter • 17 Jun 2022
The non-bank lender has priced a $250 million asset-backed securities transaction to help it scale and reduce its cost...
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Mortgage affordability hits lowest point since 2011: Bluestone
by Sarah Simpkins • 16 Jun 2022
Australians’ ability to afford a home loan deteriorated over April, breaking a two-month spell of improvement.
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Majority of borrowers prepared to change loans over rates
by • 16 Jun 2022
More than half of borrowers are willing to make changes to their home loans to accommodate increasing rate hikes,...
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Platform Finance welcomes national sales manager
by Annie Kane • 16 Jun 2022
The asset finance aggregator has hired a former broker and senior BDM as its new national sales manager to help drive...
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Calls to combat financial elder abuse
by • 15 Jun 2022
The rising cost of living and COVID-19 have sparked fresh concerns over financial elder abuse and financial literacy.
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Calls rise for stamp duty overhaul ahead of NSW reform
by Annie Kane • 15 Jun 2022
With NSW expected to announce changes to the “worst tax” next week, calls are rising for other states to follow...
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Finsure announces new head of operations
by • 15 Jun 2022
The mortgage aggregator has appointed Kon Shizas to lead its “growing network” of 2,400 brokers.
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Prospa welcomes next southern regional manager
by • 15 Jun 2022
The SME lender has appointed its next manager to support broker partners across Victoria, Western Australia, South...
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Household spending eases amid rate hikes: CommBank
by • 15 Jun 2022
Australians appear to be spending less on discretionary items as interest rates hike.
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Broker value amplified in rising rate environment
by Annie Kane • 14 Jun 2022
OPINION The invaluable role that brokers play in providing mortgage and credit advice, budgeting help and emotional...
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Resimac welcomes new WA and SA BDMs
by Annie Kane • 14 Jun 2022
A former Pepper BDM and a former Prospa BDM have joined Resimac’s business development team in South Australia and...
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Former Humm chair expands stake in company
by • 14 Jun 2022
The lender’s founder and former chair has increased his stake, less than one month after he flagged his opposition to...
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WA broker expects more refinances ahead
by • 13 Jun 2022
As the cash rate increases and lenders respond by increasing mortgage rates, some brokers anticipate more borrowers...
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New lender picks loan services provider
by • 13 Jun 2022
New residential mortgage lender Wave Money has appointed an asset management service provider to manage lending...
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Bell Partners confirms group GM appointment
by • 13 Jun 2022
The financial services outfit has confirmed it has named its inaugural group general manager, appointing Sana...
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Brokers reveal which non-banks are leading the way
by Annie Kane • 10 Jun 2022
The results of the 2022 Product of Choice: Non-Banks Survey have been released, revealing which non-banks brokers most...
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How to stand above the rest
by Kyle Robbins • 10 Jun 2022
How this award-winning broker makes the most of his accolades.
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Plenti prices ABS transaction
by • 10 Jun 2022
The fintech lender has announced the pricing of its asset-backed securities has jumped more than $100 million since the...
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Hot Property: The biggest property headlines from the week 6-10 June
by Reporter • 10 Jun 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 10...
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Borrower hesitance to refinance presents opportunity for brokers
by Sarah Simpkins • 9 Jun 2022
Despite the rising rate environment and mortgages being most households’ largest expense, more than half of borrowers...
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Lenders begin hiking rates
by Annie Kane • 9 Jun 2022
Following the Reserve Bank of Australia’s decision to increase the cash rate by its greatest amount in over 20 years,...
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