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CHOICE CEO starts ASIC term

by Reporter • 23 Nov 2023

ASIC has welcomed the commencement of the CHOICE chief executive and other recently appointed commissioners.

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Why more brokers are writing major bank deals

by Malavika Santhebennur • 22 Nov 2023
For the first time in 15 months, more brokers are using the big four banks than non-majors, according to a new... READ MORE

ASIC has car finance brokers in its sights

by Josh Needs • 22 Nov 2023
Brokers and lenders are among the groups that will be under the financial regulator’s enforcement priorities next... READ MORE

Government to provide additional cyber security support

by Josh Needs • 22 Nov 2023
Brokers will have access to additional cyber safety measures after the government has revealed two new initiatives to... READ MORE

Regional buyers helped ‘immensely’ by Qld grant increase: Broker

by Josh Needs • 21 Nov 2023
The state government has announced it is doubling the First Home Owner Grant to $30,000 for eligible... READ MORE

Firstmac launches expat loan offering

by Adrian Suljanovic • 21 Nov 2023
The non-bank lender has shifted focus towards overseas property buyers and launched a new home loan product for... READ MORE

Ensuring competitive markets key to merger reform: Government 

by Josh Needs • 21 Nov 2023
The federal government has released a consultation paper on potential merger reform to restrict any moves that could be... READ MORE

Live bank feeds are now available for NZ 

by Josh Needs • 21 Nov 2023
A New Zealand credit bureau has revealed with borrowers’ permission it can now turn on live bank data... READ MORE

Low-middle income earners feeling the bite from rising prices

by Adrian Suljanovic • 20 Nov 2023

High interest rates and property prices are leaving many potential borrowers out of options, brokers have said.

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Brokerages will continue to merge: Brokers 

by Josh Needs • 20 Nov 2023
The necessity of evolution and economies of scale will see independent brokerages become rare, according to... READ MORE

BID stopped churn, clawbacks must go: Broker

by Josh Needs • 20 Nov 2023
With brokers now obliged by law to put their clients’ interests first, “there’s no need to keep the clawback... READ MORE

CEO addresses 5 years of AFCA

by Adrian Suljanovic • 20 Nov 2023

AFCA’s chief executive has delivered a keynote address five years on from its establishment.

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What loan products are brokers loving at the moment?

by Annie Kane • 17 Nov 2023
With serviceability tightening and borrowers feeling the pinch, we have asked brokers: what loan products are you (and... READ MORE

Brokers note a rise in business acquisitions amid risks

by Kate Aubrey • 17 Nov 2023
Brokers have observed an increase in business acquisitions amid rising business... READ MORE

Why is Perth’s housing market booming?

by Adrian Suljanovic • 17 Nov 2023
The undersupply of property in Australia’s western capital has led to a surge in dwelling prices, brokers have... READ MORE

Hot Property: The biggest property headlines from week 13–17...

by Adrian Suljanovic • 17 Nov 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17... READ MORE

CBA responds to industry criticism

by Josh Needs • 16 Nov 2023

The major bank’s broker head has responded, stating the lender “remains committed” to the broker channel.

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What do brokers think about CBA channel conflict? 

by Josh Needs • 16 Nov 2023
As CBA focuses on its proprietary channel, brokers have revealed how they view potential channel conflict when... READ MORE

MFAA calls on industry to adopt CDR faster

by Annie Kane • 16 Nov 2023
Lenders and aggregators are being urged to roll out open banking to brokers more quickly given moves to potentially ban... READ MORE

SME loan applications surge in 1Q24: Banjo

by Adrian Suljanovic • 16 Nov 2023
Small-business loans spiked during the first quarter of the financial year, the non-bank lender’s new research has... READ MORE

CBA has ‘turned its back’ on brokers: FBAA

by Josh Needs • 15 Nov 2023
After the major lender “made huge profits off the back of mortgage brokers”, they are now “turning their backs on... READ MORE

Borrowers ‘get creative’ amid economic challenges

by Kate Aubrey • 15 Nov 2023
Brokers are noting a shift in client behaviour, witnessing a blend of creativity in spending choices and a more... READ MORE

Gen Z eager to own property despite financial woes

by Adrian Suljanovic • 15 Nov 2023
Despite ASIC data showing growing financial concerns from Gen Z, brokers are still seeing strong appetite for home... READ MORE

CBA ‘focused on proprietary distribution’

by Josh Needs • 14 Nov 2023
The major bank has begun focusing on proprietary distribution, with ‘lower margin’ new broker fundings having... READ MORE

Panel advocates proactive broker strategies

by Josh Needs • 14 Nov 2023
With rates rising again, brokers should be reaching out to their commercial clients, according to a panel of commercial... READ MORE

Grow Finance is now Dynamoney

by Josh Needs • 14 Nov 2023
The SME lender has rebranded as it plans for further expansion of products and partnerships across the global finance... READ MORE

Former Tic:Toc launches in-house broker service

by Kate Aubrey • 14 Nov 2023
Tiimely Home, formerly known as Tic:Toc, has introduced an in-house broker service to enhance the home loan process for... READ MORE

Deposit Assure releases equity-only policy 

by Josh Needs • 14 Nov 2023
The deposit bond provider has launched a new policy aimed at simplifying the application process for its partners and... READ MORE

Brokers urged to manage mental health: FBAA

by Adrian Suljanovic • 13 Nov 2023
The association’s managing director has called on all brokers to monitor the mental health of themselves and of their... READ MORE

What’s worrying your SME clients? 

by Josh Needs • 13 Nov 2023
Brokers with SME clients need to be aware of their concerns regarding rising wage costs, according to... READ MORE
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