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Breaking News
Buyers Choice confirms record month during 20th anniversary
by • 8 Oct 2021
The boutique aggregator reached a settlement record last month, which it marked as it celebrated its 20th year in...
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BOQ begins offering SME Recovery Loan Scheme
by Malavika Santhebennur • 8 Oct 2021
The non-major bank will partake in the expanded scheme to support those impacted by the COVID-19 crisis.
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N1 Holdings’ lending product added to MoneyQuest panel
by • 8 Oct 2021
The financial services provider’s direct lending product has been added to the lending panel of the mortgage broking...
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Hot Property: The biggest property headlines from the week 4-8 October
by Reporter • 8 Oct 2021
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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‘Days of the monolined broker are over’, SME lenders warn
by Annie Kane • 7 Oct 2021
“Brokers of tomorrow” will need to provide a full-service offering – including commercial loan writing – to...
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Turnaround times top broker concerns: MyState
by Malavika Santhebennur • 7 Oct 2021
Most brokers have rated lender turnaround times as their biggest current concern, while over 60 per cent cited concerns...
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Neobank now available to Finsure brokers
by • 7 Oct 2021
86 400 has confirmed that it has joined the lending panel of the Australian aggregation group.
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Association heads flag downside risks of buffer changes
by Annie Kane • 6 Oct 2021
The two mortgage broker associations have flagged potential risks of increasing serviceability buffers, including...
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Banks to raise serviceability buffers
by Annie Kane • 6 Oct 2021
Banks will have to increase their serviceability buffers after being advised to do so by APRA.
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Brokers to access CDR data
by Sarah Simpkins • 6 Oct 2021
The government has made changes to the open banking regime, including opening up consumer data to mortgage brokers.
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Former broker launches broker coaching program
by Annie Kane • 6 Oct 2021
Former Time Home Loans director Ruan Burger has launched a new coaching business for brokers, Success & Broker.
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Connective Home Loans makes BDM appointments
by Malavika Santhebennur • 6 Oct 2021
Connective’s home loan division has announced promotions and appointments in its national BDM team.
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Pepper Commercial joins Aussie lending panel
by • 6 Oct 2021
The non-bank lender’s commercial products will now be open to brokers under the major aggregation group.
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RBA declares October cash rate
by Sarah Simpkins • 5 Oct 2021
The Reserve Bank has confirmed its cash rate decision for October, amid increasing talks of lending curbs.
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New regulatory regimes commence
by Annie Kane • 5 Oct 2021
A range of new financial services law has now come into effect, including reference checking protocols, breach...
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Dwelling approvals bounce back after stimulus wind-down
by Sarah Simpkins • 5 Oct 2021
Construction approvals for dwellings rebounded in August according to ABS data, rising after declines in the months...
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Prospa chair to join HSBC board
by • 5 Oct 2021
The non-major bank has confirmed that the chair of business lender Prospa will join its board as a non-executive...
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Fewer renovations being funded by debt: Houzz
by • 5 Oct 2021
Only one in 10 are now supported by mortgage refinancing, as cash reserves continue to build, according to a new...
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Owner-occupier lending dragged amid lockdowns
by Sarah Simpkins • 4 Oct 2021
The value of new home loans declined by 4.3 per cent in August, as owner-occupier lending fell amid ongoing COVID-19...
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Victorian SMEs to receive $2.3bn COVID support
by Malavika Santhebennur • 4 Oct 2021
A new $2.3 billion funding package has been announced to support Victorian SMEs over the next six weeks, when the state...
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MoneyMe secures $50m funding commitment
by Sarah Simpkins • 4 Oct 2021
The ASX-listed lender has signed a $50 million four-year-long funding agreement, with plans to grow its product suite.
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NAB to merge NAB-Advantedge sales teams
by Annie Kane • 1 Oct 2021
The major bank has combined the NAB Broker and Advantedge sales teams into one business, Broker Distribution.
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MyState Bank welcomes new BDMs
by • 1 Oct 2021
The non-major bank has announced two inclusions to its BDM team, including a senior mortgage broker.
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‘Minimal change’ to ALI offering under deferred sales regime
by Annie Kane • 1 Oct 2021
The protection plans offered by brokers and aggregators through ALI Group are exempt from the incoming deferred sales...
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NSW to ‘go it alone’ on JobSaver extension
by Malavika Santhebennur • 1 Oct 2021
The NSW government will continue funding the JobSaver program extension once the state hits 80 per cent vaccination...
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