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Breaking News
Treasury launches consultation on giving brokers CDR data
by Annie Kane • 5 Jul 2021
Stakeholders have until 30 July to respond to a consultation on new rules that will allow consumers to share...
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Sedgwick review into retail bank commissions released
by Malavika Santhebennur • 5 Jul 2021
A review of retail banking product commissions and payments has found that links between remuneration and sales are now...
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PLAN brokers can now access 86 400
by reporter • 5 Jul 2021
Brokers aggregating under PLAN Australia will now be able to access loans from the neobank as it joins the group’s...
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Lenders launch new cashback offers
by reporter • 5 Jul 2021
Several banks have announced new, or extended, cashback offers to attract those looking to refinace their mortgage.
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Westpac sues Forum Finance for potential fraud
by Annie Kane • 2 Jul 2021
The big four bank has commenced proceedings in the Federal Court against Forum Finance Pty Ltd for an alleged...
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Bank CEOs quizzed on turnaround differentials
by Annie Kane • 2 Jul 2021
The standing committee on economics has sought clarity from several non-major bank CEOs as to why there is a huge...
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Brokers urged to be vigilant when buying/selling trail books
by Annie Kane • 2 Jul 2021
EOFY and the beginning of the new financial year are a peak time for finance scams. Brokers are being urged to be...
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Home buying intentions at all-time high: NAB
by Malavika Santhebennur • 2 Jul 2021
The major bank said more Australians have said that they intend to buy a new home in 2021, while it has seen record FHB...
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Hot Property: The biggest property headlines from the week 28 June to...
by Reporter • 2 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles.
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BOQ completes ME Bank acquisition
by Annie Kane • 1 Jul 2021
ME Bank has officially become part of the BOQ Group following completion of the $1.32-billion deal.
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Mortgage Choice officially joins REA Group
by Annie Kane • 1 Jul 2021
The major brokerage has today officially joined the REA Group, expanding the digital property advertising business’s...
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New mortgage lender ‘co-developing’ digital loan for brokers
by Annie Kane • 1 Jul 2021
A new fintech lender has launched into market with a direct offering, but has confirmed it is currently...
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Government adds 30k spots to home loan schemes
by Sarah Simpkins • 1 Jul 2021
The government has expanded the number of places available under its housing support programs by 30,000.
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RedZed offers brokers online valuation tool
by Annie Kane • 1 Jul 2021
The specialist lender has partnered with Valocity to offer brokers access to an online valuation portal, in a bid to...
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Connective posts 88% growth in home loans division
by Sarah Simpkins • 1 Jul 2021
Connective Home Loans has recorded a surge in the value of its applications while managing to grow by 88 per cent.
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Solo home buyers ‘growing force’ in market: ME Bank
by Malavika Santhebennur • 30 Jun 2021
The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has...
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GetCapital expands broker support team
by Annie Kane • 30 Jun 2021
The SME lender has hired several new BDMs and promoted internally to fill the role of national manager, strategic...
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Victorian government announces Big Housing Build sites
by reporter • 30 Jun 2021
The Andrews Labor government has confirmed that Collingwood and South Yarra will be home to new social and affordable...
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NSW offers SMEs COVID-19 cash grants
by Annie Kane • 29 Jun 2021
The NSW government has launched a new grants package to support small businesses in NSW impacted by the current...
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Revealed! Finalists of the Australian Broking Awards 2021
by reporter • 29 Jun 2021
A total of 238 finalists have been announced as contenders for the Australian Broking Awards 2021, run in partnership...
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4 in 10 home owners planning to sell
by Sarah Simpkins • 29 Jun 2021
New research has shown a rise in Australians intending to sell their houses, with a growing number looking to...
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Bank of mum and dad backed 5% of buyers: survey
by Sarah Simpkins • 29 Jun 2021
Most Australians are relying on budgeting to enter the property market, with a survey finding only 5 per cent have...
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Westpac sells asset finance business
by Annie Kane • 28 Jun 2021
The big four bank has confirmed its sale of its motor vehicle dealer finance and novated leasing businesses to a...
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Unlicensed mortgage lender issued court orders
by Reporter • 28 Jun 2021
ASIC has moved to shut down an unlicensed mortgage lender, alleging misleading or deceptive conduct and engaging in...
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Fintech secures $50m for developing business bank
by Sarah Simpkins • 28 Jun 2021
Australian fintech Zeller has gained a $50-million investment from a US venture capitalist, as it ventures to take on...
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