Breaking News
Bank merger delayed
by Annie Kane • 2 Dec 2024
The vote on the proposed merger between two non-major banks has been postponed to 2025, following delays to necessary...READ MORE
RBA to have 2 boards from March
by Annie Kane • 2 Dec 2024
Australia’s central bank will have a monetary policy board and a governance board from March 2025, as the RBA... READ MORE
Resimac appoints new CEO
by Ben Squires • 2 Dec 2024
Resimac has announced the appointment of a new CEO who will focus on “achieving sustainable growth and improving... READ MORE
Industry applauds home ownership inquiry recommendations
by Ben Squires • 2 Dec 2024
Members of the broking industry have welcomed the final report from the Senate’s home ownership inquiry.
READ MOREThird major bank moves rate call
by Will Paige • 2 Dec 2024
Three of the big four banks have now revised their forecasts for when the central bank will start cutting the official... READ MORE
WLTH hires new distribution operations manager
by Will Paige • 2 Dec 2024
The digital lender has poached the new recruit from Yellow Brick Road, where he has worked since 2016.
READ MOREAFG now fully owns Fintelligence
by Annie Kane • 29 Nov 2024
The major aggregator has completed the total acquisition of the asset finance aggregator, as it continues to build its... READ MORE
70% of female business leaders struggle to obtain funding
by Will Paige • 29 Nov 2024
Women leading small businesses are finding it harder to access funding compared to men, a new Westpac study has... READ MORE
Hot Property: The biggest property headlines from the week 25–29...
by Reporter • 29 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 29... READ MORE
Banjo enhances asset finance offering
by Ben Squires • 29 Nov 2024
The non-bank lender has announced changes to its asset finance offering after feedback from finance brokers.
READ MOREWinners revealed for Commercial Finance Awards 2024
by Arabella Walton • 28 Nov 2024
A total of 20 winners have been announced for the inaugural Commercial Finance Awards, hosted with the support of... READ MORE
Senate inquiry recommends reducing 3% serviceability buffer
by Ben Squires • 28 Nov 2024
The final report from the Senate’s housing inquiry has detailed a range of recommendations including reducing the... READ MORE
AFG to acquire equity stakes in broker businesses
by Annie Kane • 28 Nov 2024
The major aggregator will move to acquire non-controlling equity stakes across its network of mortgage broking... READ MORE
APRA slammed for ‘nonsensical’ decision to retain 3% buffer
by Will Paige • 28 Nov 2024
The FBAA has called for government intervention over APRA’s “nonsensical” decision to keep the serviceability... READ MORE
outsource Financial makes 2 senior leadership changes
by Annie Kane • 28 Nov 2024
The aggregation group has welcomed two new members to its senior leadership team.
READ MOREFinsure confims ‘cyber incident’ impacting customers and brokers
by Annie Kane and David Hollingworth • 27 Nov 2024
The aggregator has confirmed the incident after “almost 300,000 unique” Finsure emails were added to the data leak... READ MORE
‘Help to Buy’ bill passes through Parliament
by Annie Kane • 27 Nov 2024
After months of delays and uncertainty, the Labor government’s shared equity scheme has successfully passed through... READ MORE
New rules on expanding CDR to non-banks released
by Annie Kane • 27 Nov 2024
Updated rules for expanding the Consumer Data Right to non-bank lending have been released for consultation by the... READ MORE
Suncorp Bank’s new head of broker unveils his top priorities
by Annie Kane • 27 Nov 2024
EXCLUSIVE In his first media interview since becoming the head of broker partnerships at Suncorp Bank, Paul Brick has... READ MORE
Brokers have saved clients $84.5m in interest by repricing
by Annie Kane • 27 Nov 2024
Between January and October 2024, brokers using fintech platform Sherlok saved clients a record $84.5 million in... READ MORE
NSW payroll tax law to be reviewed
by Annie Kane • 26 Nov 2024
A new parliamentary inquiry into the NSW Payroll Tax Act will be held, which will review the operation of the relevant... READ MORE
Lendi Group reduces some commission tiers
by Annie Kane • 26 Nov 2024
The brokerage group has reduced some of its tiered commission structures as it continues to update its broker... READ MORE
OwnHome launches first home buyer broker competition
by Annie Kane • 26 Nov 2024
Deposit loan company OwnHome has launched three cash prizes for brokers servicing first home... READ MORE
Bridgit bolsters distribution team with strategic hires
by Ben Squires • 26 Nov 2024
The non-bank lender has announced a pair of appointments designed to help strengthen its national distribution... READ MORE
Greens to wave through Labor housing bills
by Annie Kane • 25 Nov 2024
The shared equity Help to Buy scheme will likely pass this week after the Green Party of Australia said it would... READ MORE
3 per cent buffer to remain: APRA
by Annie Kane • 25 Nov 2024
The prudential regulator has maintained that the 3 per cent buffer will remain, amid widespread calls for the regulator... READ MORE
Firstmac prices $1.5bn RMBS issue
by Annie Kane • 25 Nov 2024
Non-bank lender Firstmac has issued $1.5 billion in green bonds, with its latest issue including solar-proxy green... READ MORE
Brighten goes live with ApplyOnline
by Annie Kane • 25 Nov 2024
The non-bank lender can now accept loan lodgements through NextGen’s ApplyOnline® platform, as it moves to provide... READ MORE
AMP Bank changes commission structure
by Annie Kane • 22 Nov 2024
Broker associations have welcomed AMP's change to clawbacks, effective from 1 January... READ MORE
Money Quest announces new managing director
by Annie Kane • 22 Nov 2024
A new leader has been appointed to take the helm of the aggregation and franchise broking group from next... READ MORE

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