Breaking News
FBAA says ‘clawback fight’ is not over
by • 24 Sep 2020
While the regulations for clawback arrangements have now been set, the managing director of the FBAA has said that the...READ MORE
Connective adds digital mortgage lender to panel
by • 24 Sep 2020
The aggregation group has welcomed neobank 86 400 to its lender panel, providing Connective brokers with access to... READ MORE
Personal lender joins AFG panel
by • 24 Sep 2020
A marketplace lender has joined AFG’s panel of specialist finance providers as it looks to expand its broker... READ MORE
Why this broker focuses on FHB education
by • 24 Sep 2020
Sydney broker Ollie Lum reveals how a flood of enquiries and demand from first home buyers inspired him to... READ MORE
Aggregator launches new business diagnostic tool for brokers
by • 24 Sep 2020
PLAN Australia has launched a new tool that aims to help brokers analyse their business and identify opportunities and... READ MORE
Conflicted remuneration defined in new regulations
by • 23 Sep 2020
The federal government has released final regulations that define conflicted remuneration and when it cannot be... READ MORE
COVID-19 erodes FHB deposit savings: MyState
by • 23 Sep 2020
Nearly a quarter of those Australians who have dipped into their savings during the COVID-19 crisis were originally... READ MORE
COBA welcomes closer ties between regulators
by • 23 Sep 2020
The association for customer-owned banks has said that the MOU between APRA and ACCC recognises the need for... READ MORE
Final clawback regulations released
by Annie Kane • 22 Sep 2020
The final regulations for mortgage brokers focusing on the new clawback requirements and conflicted remuneration have... READ MORE
ASBFEO reiterates call for more SME support
by • 22 Sep 2020
SME advisers – including brokers, accountants and financial planners – have “never been more important”, the... READ MORE
AMP lowers floor rate, updates HEM benchmark
by • 22 Sep 2020
The non-major has announced a number of changes to its credit policy, including a reduction to its floor rate for home... READ MORE
ACCC issues warning over rental scammers
by • 22 Sep 2020
The competition watchdog has called for increased consumer vigilance amid a 76 per cent surge in rental and... READ MORE
SMEs offered Qantas points for business loans
by • 22 Sep 2020
Qantas has partnered with an SME lending platform to offer Business Rewards members with Qantas points when... READ MORE
Major bank announces new CEO, consumer
by • 21 Sep 2020
A big four bank has appointed a new chief executive for its consumer division.
READ MOREBrokerage launches insurance quote function
by • 21 Sep 2020
The major brokerage has integrated an indicative quote function within its broker platform that offers a digital... READ MORE
NAB extends COVID-19 IO loan measure
by • 21 Sep 2020
The major bank has announced a range of changes to its loan policies, including an extension of support for IO loans... READ MORE
Loan Market overhauls broker ranking metrics
by • 21 Sep 2020
The aggregator has updated the way it determines its mortgage broker rankings, moving away from a settlement-based... READ MORE
Aussie reports record spike in pre-approvals
by • 18 Sep 2020
The major brokerage has reported a record increase in home loan pre-approvals across the first eight months of the... READ MORE
Facebook launches SME grants program
by • 18 Sep 2020
The social media giant has commenced processing applications for its new SME grants program.
READ MOREAggregator reports surge in settlements
by • 18 Sep 2020
Purple Circle Financial Services has reported a record increase in loan settlements in August, which it attributed to... READ MORE
Hot Property: The biggest property headlines from the week 14-18...
by • 18 Sep 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week... READ MORE
Resimac adds new layer of scrutiny for Victorian borrowers
by • 17 Sep 2020
The non-bank has heightened its verification requirements for mortgage applicants in Victoria subject to ongoing... READ MORE
N1H increases SME lending capacity
by • 17 Sep 2020
Business, financial and property services firm N1 Holdings has expanded its SME lending capacity and its AFSL... READ MORE
APRA and ACCC agree to engage more broadly
by • 17 Sep 2020
The prudential and competition regulators have agreed to a broader model of engagement with “proactive information... READ MORE
How this broker found her groove after a career leap
by • 17 Sep 2020
High school teacher-turned-broker Kirsty Best recounts her experience of changing careers and establishing a brokerage,... READ MORE
All non-major FHLDS places now reserved
by • 16 Sep 2020
All 5,000 places allocated for participating non-major banks within the FHLDS have now been reserved for the 2020-21... READ MORE
Westpac rolls back COVID-induced policy changes
by • 16 Sep 2020
The major bank has announced a number of changes to its credit policy, including the rollback of non-base income... READ MORE
Car financier found to have broken credit law
by • 16 Sep 2020
A used-car financier has been found to have failed to comply with the law after providing high-cost credit to... READ MORE
Bankwest updates brand logo and colours
by • 16 Sep 2020
The non-major bank has revealed a new logo and colour palette as part of a “clearer, simpler new look”, which is... READ MORE
Lender waives valuation fees on specialist loans
by • 15 Sep 2020
Non-bank lender Resimac has announced that it will be waiving the standard valuation fee for its specialist full doc... READ MORE

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