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Breaking News
Non-bank founder-CEO resigns
by Annie Kane • 15 Oct 2021
The chief executive of a non-bank personal lender has resigned from the company he founded following nearly eight...
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Unvaccinated Victorian brokers may risk fines if they work outside of...
by Annie Kane • 15 Oct 2021
Starting today (15 October), unvaccinated brokers across Victoria could be hit with fines of over $21,000 – or...
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MoneyQuest’s $1bn broker sells franchise
by Malavika Santhebennur • 15 Oct 2021
The owner of MoneyQuest Wollongong has sold his franchise and will begin a mentoring role with the brokerage in 2022.
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Non-majors drop rates, extend cashback offers
by • 15 Oct 2021
Two non-major banks have confirmed they’re decreasing interest rates as well as extending their refinancing...
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Broker training company launches focusing on SME finance
by Annie Kane • 15 Oct 2021
Stuart Donaldson, Trent Carter and John Sgambelluri have launched a new coaching and mentoring business, Accendo...
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Hot Property: The biggest property headlines from the week 11-15...
by Reporter • 15 Oct 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 15...
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Turnarounds improve despite record loan volumes: AFG
by Malavika Santhebennur • 14 Oct 2021
The number of days from submission to formal approval dropped during the first three months of FY22 despite broker...
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BOQ reports strong broker uptick
by Annie Kane • 14 Oct 2021
The non-major banking group saw broker channel growth of $1.1 billion in the financial year 2021, driven by “new and...
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Teachers Mutual flags new bank’s broker launch
by Sarah Simpkins • 14 Oct 2021
The group’s newly launched digital bank, Hiver, is looking to roll out loan products to the broker channel in the...
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Broker-focused SME Recovery Loan product launches
by • 14 Oct 2021
Brokers, planners and property managers will be able to access a suite of loan products tailored for their professions...
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EXCLUSIVE INTERVIEW: Federal Treasurer Josh Frydenberg on the future...
by reporter • 13 Oct 2021
In this exclusive interview with federal Treasurer Josh Frydenberg, join Momentum Media director Alex Whitlock as he...
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Association heads welcome Treasurer’s support of brokers
by Annie Kane • 13 Oct 2021
Following on from the federal Treasurer’s comments regarding the value of brokers, the two mortgage broker...
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ANZ announces head of broker changes
by Annie Kane • 13 Oct 2021
The major bank has named a new acting head of broker distribution after confirming that Simone Tilley is changing...
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Brokers power Plenti’s 140% originations growth
by Sarah Simpkins • 13 Oct 2021
The majority of loans Plenti wrote in the September quarter came through brokers, which saw the group’s book more...
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Finsure celebrates a decade in the mortgage industry
by • 13 Oct 2021
The aggregation group has marked its 10-year anniversary, coming less than two months after its broker network grew to...
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Brokers play ‘fundamentally important role’ in competition:...
by Annie Kane • 12 Oct 2021
EXCLUSIVE: The Morrison government “strongly supports” brokers and the role they play in providing competition, the...
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MoneyQuest launches broking graduate program
by Malavika Santhebennur • 12 Oct 2021
The national mortgage brokerage has unveiled a broking graduate program designed for tertiary graduates who wish to...
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2 in 5 SMEs to use savings to invest: Westpac
by Malavika Santhebennur • 12 Oct 2021
Many SMEs said the COVID-19 crisis has allowed them to grow their savings, which they will channel into business...
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CBA begins rollout of SME lending product
by • 12 Oct 2021
The major bank has begun the national release of its digital invoice finance solution allowing small businesses access...
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Federal Treasurer backs economic recovery as NSW emerges from lockdown
by Annie Kane • 11 Oct 2021
EXCLUSIVE: As NSW today transitions out of lockdown, and with Victoria soon to follow, the federal Treasurer Josh...
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Privacy issues raised regarding CDR extension
by • 11 Oct 2021
The Treasury has published an analysis into the Consumer Data Right amendments, which warn of potential shortcomings in...
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Effi partners with SME loan comparison site
by Malavika Santhebennur • 11 Oct 2021
The mortgage broking platform has teamed up with a business loan comparison site to allow the site’s business...
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2 in 3 SMEs trying new funding options: ScotPac
by Sarah Simpkins • 11 Oct 2021
National research by the SME lender has shown a rising trend in businesses trialling new types of funding, with asset...
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Victoria releases $500m home-buyer fund
by Malavika Santhebennur • 8 Oct 2021
The state has launched a new home-buyer fund, under which it will pay 25 per cent of the property purchase price if...
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Brokers originated 72% of New Home Guarantees
by Annie Kane • 8 Oct 2021
More than half of FHLDS loans and nearly three-quarters of New Home Guarantees were originated by brokers in the...
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