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Breaking News
Money management app flags broker push
by Sarah Simpkins • 5 Aug 2021
Clever, a new money management platform, has launched to market, with a broker matching extension set to launch in...
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Bank increases maximum loan amounts
by reporter • 5 Aug 2021
A non-major bank has raised its maximum loan amounts by up to $900,000 for mortgage borrowers.
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Westpac wraps up asset finance business sale
by Malavika Santhebennur • 5 Aug 2021
The major bank has completed the sale of its asset finance subsidiary, which managed around $500 million in customer...
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Bank CEO pledges to maintain broker offering following merger
by Annie Kane • 4 Aug 2021
The CEO of Newcastle Permanent has said the lender will continue to operate in the broker channel should its merger...
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bcu launches $5k cashback offer
by Malavika Santhebennur • 4 Aug 2021
The customer-owned bank has released a cashback offer for new and existing customers who take out an eligible new home...
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RBA makes cash rate call as lockdown drags on
by Malavika Santhebennur • 3 Aug 2021
The central bank has delivered its rate decision for August as the ongoing lockdowns quell speculation about imminent...
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AMP hires intermediary head
by Sarah Simpkins • 3 Aug 2021
AMP Bank has recruited from MyState for its new head of intermediary distribution and governance, with the...
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Brokerage officially launches white label loan
by Annie Kane • 3 Aug 2021
North Sydney-based brokerage Shore Financial has officially launched its white label mortgage, Shore Private, powered...
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More clients look to lock fixed rates than 2020
by Malavika Santhebennur • 3 Aug 2021
More borrowers are eager to lock in fixed interest rates than this time last year amid record-low interest rates,...
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MKM launches digital loan application tools
by Sarah Simpkins • 3 Aug 2021
Non-bank lender MKM has teamed with technology provider NextGen.Net to revamp its electronic lodgement and loan...
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House price growth at 17-year high: CoreLogic
by Malavika Santhebennur • 3 Aug 2021
Home values grew by 16.1 per cent in the past year, the fastest pace of growth since 2004, but growth has slowed,...
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GetCapital launches broker platform
by Sarah Simpkins • 2 Aug 2021
The business lender has rolled out a new broker platform, as it has boosted investment in its technology division.
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Loyalty tax issue flagged to MPs
by Malavika Santhebennur • 2 Aug 2021
Brokers are key to holding lenders to account to ensure borrowers are on a competitive rate and avoid being “loyalty...
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Connective launches trail book marketplace
by Annie Kane • 2 Aug 2021
The aggregation group has announced a new arrangement with a specialist trail book firm to facilitate the purchase and...
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SME lender welcomes COO
by reporter • 2 Aug 2021
Invoice and equipment finance lender Earlypay has appointed a new chief operating officer and executive director of its...
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Brokers promote competition in lending: Lendi
by Malavika Santhebennur • 30 Jul 2021
Brokers are driving competition in the mortgages sector and changing the composition of Australia’s loan books...
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SME fintech closes $25m raise to fund expansion
by Annie Kane • 30 Jul 2021
An SME lender has raised $25 million in equity to fund the ‘rapid expansion’ of its Australian and European...
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Hot Property: The biggest property headlines from the week 26 to 30...
by Reporter • 30 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 30...
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FBAA calls for finance broker register
by Malavika Santhebennur • 29 Jul 2021
The FBAA has been urging ASIC to create a register for brokers who do not fall under the NCCP, given a lack of...
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Mortgage Choice-Smartline leadership changes announced
by Annie Kane • 29 Jul 2021
The REA Group has confirmed changes to the Mortgage Choice-Smartline network leadership team.
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Governments extend COVID support to NSW, Vic
by Sarah Simpkins • 29 Jul 2021
The state and federal governments have offered support packages to businesses across NSW and Victoria, as Sydney has...
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Suncorp launches new broker portal
by Annie Kane • 29 Jul 2021
The non-major bank has released a new broker platform as it continues to prioritise home lending and its broker...
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SME lender expands Vic BDM team
by Annie Kane • 29 Jul 2021
SME lender Prime Capital has made another new appointment to its broker support team, hiring a new BDM for Victoria.
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Bank announces new head of home lending distribution
by Annie Kane • 28 Jul 2021
MyState Bank has hired the CEO of RateOne and former NAB head of broker Vic/Tas as its new head of home lending...
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Sydney mayor launches business support, calls for JobKeeper
by Sarah Simpkins • 28 Jul 2021
Sydney’s mayor has urged the federal government to resurrect JobKeeper, as the city has launched a new relief package...
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