Breaking News
BID changes could see brokers earning nothing on some loans
by • 2 Dec 2020
Connective has warned that the expanded BID could threaten broker livelihoods by obligating them to fully flex down on...READ MORE
Deferral exits, expiries hit $100bn
by • 2 Dec 2020
Loan deferral exits have outweighed new entries for the fourth straight month in October, with $100 billion in loans... READ MORE
Lender joins Vow Financial, YBR panel
by • 2 Dec 2020
RedZed has partnered with Vow Financial, which will allow it to join the aggregator and YBR’s panel.
READ MORERBA makes final cash rate call of the year
by • 1 Dec 2020
The Reserve Bank has announced its cash rate decision for the month of December, staying in line with market... READ MORE
Association heads call for POS conflict resolution
by • 1 Dec 2020
The MFAA and FBAA have echoed concerns that the extension of the BID to finance brokers could unfairly... READ MORE
Former Pepper Money CFO joins GetCapital
by • 1 Dec 2020
The business lender has appointed the former Pepper Money executive to the newly created CFO role and the executive... READ MORE
Industry veteran Steve Kane retires from NAB
by Annie Kane • 30 Nov 2020
Steve Kane, NAB’s longstanding executive for broker distribution, has announced his retirement from the major bank... READ MORE
HomeBuilder extension details revealed
by Annie Kane • 30 Nov 2020
The details surrounding the newly announced extension to the HomeBuilder program have been... READ MORE
Asset finance brokers raise alarm over BID extension
by • 30 Nov 2020
Asset finance brokers writing consumer loans have raised concerns that the best interests duty extension could damage... READ MORE
AFG saw record lodgements volumes in October
by • 30 Nov 2020
AFG CEO David Bailey has revealed that the aggregation group recorded its highest ever lodgement volumes in October,... READ MORE
Housing stress rise flagged as support wears off
by • 30 Nov 2020
Government measures amid the COVID-19 crisis averted the risk of homelessness and housing stress for many, but the risk... READ MORE
Broker association appoints new president
by Annie Kane • 27 Nov 2020
A broker association has welcomed a new president, a new VP and two new board members, after the “founding... READ MORE
Heritage hires three new senior executives
by • 27 Nov 2020
The mutual bank has appointed its first head of payments and announced a new head of product and head of business... READ MORE
Hot Property: The biggest property headlines from the week 23-27...
by • 27 Nov 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 27... READ MORE
Broker market share surpasses 60%
by Annie Kane • 26 Nov 2020
More than 60 per cent of residential mortgages were written by brokers between July and September 2020, the highest... READ MORE
ABA calls for best interests duty clarification
by • 26 Nov 2020
The banking association is calling on government to provide greater clarity on the application of the best interests... READ MORE
New business funding guide released
by • 26 Nov 2020
An updated Business Funding Guide for brokers, accountants and other SME advisers has been released by the ASBFEO... READ MORE
Why this broker is choosing sustainability over growth
by • 26 Nov 2020
Veteran broker Sarah Wells reveals why she’s no longer focusing on growing her business and instead prioritising... READ MORE
Aussie CEO welcomes Vic stamp duty move
by • 26 Nov 2020
James Symond, the chief executive officer of Aussie, has welcomed the Victorian government’s move to slash the cost... READ MORE
90% of Loan Market complaints ruled in favour of brokers
by • 25 Nov 2020
The majority of AFCA complaints received against the major brokerage’s brokers were resolved in their favour,... READ MORE
Finsure partners with illion Open Data Solutions
by • 25 Nov 2020
The mortgage aggregator has partnered with a financial technology company to provide an integrated service for brokers... READ MORE
Victoria announces stamp duty waivers
by • 24 Nov 2020
The Victorian government has announced an investment of over $293 million to fund a stamp duty concession of up to... READ MORE
New SME finance platform appoints CEO
by • 24 Nov 2020
A new finance platform that allows small businesses to access equity, grants and loans has appointed Vow CEO Tim Brown... READ MORE
Suncorp launches FBAA broker wellbeing program
by • 24 Nov 2020
The non-major has launched a wellbeing assistance program for FBAA members and their immediate families.
READ MOREAussie continues growth path
by • 24 Nov 2020
The major brokerage is expanding its distribution channel in the final months of 2020, which it said has come amid a... READ MORE
What the Loan Market/NABregators deal means for brokers
by • 23 Nov 2020
The major brokerage’s executive chairman has provided details about what options the deal would provide for brokers,... READ MORE
HashChing unveils digital marketing tool
by • 23 Nov 2020
The mortgage broker platform has launched a digital marketing service aimed at helping brokers with building their... READ MORE
SME lender rebrands, partners with broker group
by Annie Kane • 20 Nov 2020
CML Group has unveiled a rebrand and announced that it has signed a distribution agreement with asset... READ MORE
FBAA to offer reverse mortgage course
by • 20 Nov 2020
The industry association has established a course to ensure that finance and mortgage brokers are... READ MORE
Hot Property: The biggest property headlines from the week 16-20...
by • 20 Nov 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 20... READ MORE

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