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Breaking News
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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Banks accused of bias against BNPL in lending process
by Sarah Simpkins • 28 Jul 2021
An executive from buy now, pay later provider Zip has echoed reports from brokers around how banks treat home loan...
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Expect Olympics-fuelled growth in Qld, says broker
by Sarah Simpkins • 28 Jul 2021
South-East Queensland can expect a spike in residential and commercial lending volumes off the back of Brisbane...
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Millennials call for more housing regulation
by Malavika Santhebennur • 28 Jul 2021
A survey has revealed that almost three-quarters of Millennials said they believe the housing market needs more...
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ASIC levy reflects ramped up enforcement: FBAA
by Sarah Simpkins • 27 Jul 2021
ASIC’s raised industry funding levies reflect higher enforcement against brokers and could add to other increasing...
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Lockdowns threaten business loan demand: Equifax
by Malavika Santhebennur • 27 Jul 2021
Construction and retail trade have fuelled business loan growth in the June quarter but the recovery of these...
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48% of home loan applicants frustrated by paperwork
by Sarah Simpkins • 27 Jul 2021
The majority of Australian borrowers think applying for a home loan is a tedious process, with a new survey finding...
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Westpac fundies cop $3m penalty over fees for no service
by Sarah Simpkins • 27 Jul 2021
The Federal Court has imposed civil penalties totalling $3 million against two Westpac investment businesses, for...
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Joust launches broker-borrower matching service
by Annie Kane • 26 Jul 2021
The online home loan auction platform has launched a new matching tool that connects brokers and mortgagors.
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Prospa boosted by business sentiment rise
by Sarah Simpkins • 26 Jul 2021
Prospa managed a personal best of $182.7 million in loan originations during the June quarter, with the business lender...
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Brokers must vaccinate: FBAA
by Sarah Simpkins • 26 Jul 2021
The Finance Brokers Association of Australia has urged brokers to get vaccinated, in the interests of protecting the...
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Sherlok celebrates $1m milestone
by reporter • 26 Jul 2021
The repricing and refi tool for brokers has reportedly saved broker clients more than $1 million since launching in...
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AFG-Connective merger unlikely to complete
by Annie Kane • 23 Jul 2021
The aggregator has flagged that delays from the courts in delivering a judgement on its proposed merger with Connective...
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Fintech calls for SME Recovery Loan Scheme extension
by Annie Kane • 23 Jul 2021
The non-bank lender is calling on government to extend its SME Recovery Loan Scheme given the ongoing lockdowns.
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BOQ reshuffles board following ME Bank acquisition
by Annie Kane • 23 Jul 2021
Following the completion of its acquisition of ME Bank, BOQ Group has announced changes to its board.
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Banjo expands NSW BDM team
by Annie Kane • 23 Jul 2021
The SME lender has welcomed a former CBA analyst to its NSW broker team as a business development manager.
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Hot Property: The biggest property headlines from the week 19 to 23...
by Reporter • 23 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 23...
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Domain Home Loans names CEO
by Sarah Simpkins • 22 Jul 2021
A former BrickX boss and Deloitte partner has taken the reins at Domain’s mortgage broking arm.
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CBA revamps third-party strategy
by Annie Kane • 22 Jul 2021
The major bank has said it has improved turnarounds, hired more staff, and updated its tech stack as part of its...
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Pepper expands commercial BDM team
by Annie Kane • 22 Jul 2021
The non-bank lender has welcomed two new business development managers to its Victorian team and established...
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Effi launches loan product search API
by Malavika Santhebennur • 22 Jul 2021
The mortgage broking fintech has unveiled a product search API to allow brokers to access product data on home loans...
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Unmet demand for SME credit tipped at $120bn
by Sarah Simpkins • 22 Jul 2021
Judo Bank’s chief has told a parliamentary committee that the banking sector is in desperate need of a boost in...
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Heritage Bank urges ramp-up of vaccinations
by Sarah Simpkins • 22 Jul 2021
Heritage Bank’s chief has called for the government to accelerate COVID vaccinations and avoid any further economic...
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Ebury partners with business lender
by Malavika Santhebennur • 21 Jul 2021
The Australian arm of the global FX fintech has partnered with Earlypay to provide SMEs and brokers access to a wider...
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