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Breaking News
Borrowers unable to get finance amid tradie shortage
by • 27 Apr 2022
A NSW North Coast broker has raised concerns many clients in flood-impacted areas are unable to get finance due to a...
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SMEs continue to invest in machinery
by • 27 Apr 2022
Demand for asset finance goes up as SME businesses invest in their recovery out of the pandemic, data reveals.
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Wisr surpasses $1bn in loan originations
by Annie Kane • 27 Apr 2022
After originating $158 million in the third quarter of the financial year 2022, the non-bank lender has now originated...
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BDM support at record high, brokers say
by reporter • 26 Apr 2022
Satisfaction with business development managers at the lenders reached record-high levels in March, new data reveals.
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Victoria announces small-business tech investment rebate
by • 26 Apr 2022
The state’s government will assist small businesses in investing in digital tools to assist operations, including...
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RBA will hike by 40 bps in June: Westpac
by Annie Kane • 22 Apr 2022
The central bank may hike rates substantially in June to combat rapidly rising inflation, the major bank has said in a...
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AUSTRAC flags financial services duty in digital theft prevention
by • 22 Apr 2022
The government agency has released two guides on digital currency theft, stating that financial services providers...
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Hot Property: The biggest property headlines from the week 18-22 April
by reporter • 22 Apr 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 22...
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How the broking industry could benefit from CDR data
by Annie Kane • 22 Apr 2022
Aggregators and lenders may be able to harness consumer data right and open banking data to speed up serviceability and...
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Giving brokers CDR data shows they’re ‘professional class’:...
by Malavika Santhebennur • 21 Apr 2022
Granting mortgage brokers access to consumer data under open banking establishes them as a “professional class”,...
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LNP commits $75m to farm ownership scheme
by Annie Kane • 21 Apr 2022
The pilot initiative of the Future Farmer Guarantee Scheme aims to support farmers into first-time ownership.
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Finsure strives for 50-50 gender representation
by Annie Kane • 21 Apr 2022
The aggregator is pushing for a 50-50 split between women and men in its broker network, noting a recent drop in the...
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Brokers surveyed on best non-bank products
by reporter • 20 Apr 2022
With a rapidly changing lending landscape and new product innovations, The Adviser is asking brokers to rank the best...
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Connective promotes GMs to C-suite
by Sarah Simpkins • 20 Apr 2022
The aggregator has bumped up two general managers to the executive ranks, for the newly formed roles of chief customer...
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Rise in price caps a ‘little tight’ for some regions
by Kate Aubrey and Sarah Simpkins • 20 Apr 2022
Victorian broker Matt Turner welcomes the government’s announcement to raise the price caps for Home Guarantee, but...
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MoneyQuest welcomes Mimi Jawad to the team
by • 20 Apr 2022
Former NSW partnership manager for FAST, Mimi Jawad joins MoneyQuest as the group’s state manager for NSW and...
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Ex-broker escapes conviction for false statement
by • 20 Apr 2022
A former NSW-based broker has walked away from jail time after filing a false credit licence annual compliance...
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Joust introduces supplier sign-up portal
by • 20 Apr 2022
The home loan fintech has said this digital offering is partly intended as a means to simplify the sign-up process for...
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BOQ’s broker-lodged loans jump 39%
by • 19 Apr 2022
The non-major bank has said the channel’s 2022 financial year growth is partly the result of the recalibration of...
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Nodifi hires Qld, NT BDM
by Sarah Simpkins • 19 Apr 2022
The asset finance marketplace has responded to higher demand from Queensland and the Northern Territory by recruiting a...
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MFAA takes discharge issue to Treasury
by Annie Kane • 18 Apr 2022
The broker association has flagged the issue of retention teams undercutting offers at the last minute, and the long...
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FBAA slams lenders for ‘grubby’ discharge tactics
by Annie Kane • 15 Apr 2022
The undercutting practice demonstrated by some lender discharge teams is “grubby”, “ludicrous” and “narrow...
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Brokers warn of rising channel conflict behaviours
by Annie Kane • 14 Apr 2022
Discounted interest rates and cashback incentives are being increasingly used by lenders to retain refinancing clients,...
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Fixed-rate volumes plunging: AFG
by Reporter • 14 Apr 2022
AFG brokers saw fixed rate home loan volumes drop to their lowest level in two years over the March quarter.
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Great Southern Bank joins SFG lender panel
by Sarah Simpkins • 14 Apr 2022
The bank has signed a new partnership with Specialist Finance Group (SFG), as it bids to double its network of...
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