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Breaking News
Web of definitions weighing down financial services law: ALRC
by Sarah Simpkins • 19 Jun 2022
Industry players have backed a call to simplify definitions across financial services legislation, with broker bodies...READ MORE
Turnarounds take back seat following stabilisation
by Annie Kane • 19 Jun 2022
Brokers are now less driven to choose a lender based on turnarounds, as time to initial credit decision has improved... READ MORE
Latitude, Humm call off HCF acquisition
by Sam Nichols • 19 Jun 2022
The arrangement, which would have seen Latitude acquire Humm’s consumer finance arm, has been terminated, with both... READ MORE
Money3 funding cap rises to $665m
by Sam Nichols • 19 Jun 2022
The vehicle finance specialist has confirmed that it has received new mezzanine funding, boosting its funding ceiling... READ MORE
Rate-decreasing loan launched for SMEs
by Annie Kane • 16 Jun 2022
SMEs with good repayment histories will see loan rates drop by 25 bps every six months as part of an “Australian... READ MORE
9/10 Australians confident brokers have best interests at heart
by Sam Nichols • 16 Jun 2022
The majority of borrowers see brokers as being tuned in to their needs with borrowing and refinancing, according to... READ MORE
Hot Property: The biggest property headlines from the week 13-17 June
by Reporter • 16 Jun 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 17... READ MORE
Wisr prices second ABS transaction
by reporter • 16 Jun 2022
The non-bank lender has priced a $250 million asset-backed securities transaction to help it scale and reduce its cost... READ MORE
Mortgage affordability hits lowest point since 2011: Bluestone
by Sarah Simpkins • 15 Jun 2022
Australians’ ability to afford a home loan deteriorated over April, breaking a two-month spell of... READ MORE
Majority of borrowers prepared to change loans over rates
by Sam Nichols • 15 Jun 2022
More than half of borrowers are willing to make changes to their home loans to accommodate increasing rate hikes,... READ MORE
Platform Finance welcomes national sales manager
by Annie Kane • 15 Jun 2022
The asset finance aggregator has hired a former broker and senior BDM as its new national sales manager to help drive... READ MORE
Calls to combat financial elder abuse
by Kate Aubrey • 15 Jun 2022
The rising cost of living and COVID-19 have sparked fresh concerns over financial elder abuse and financial... READ MORE
Calls rise for stamp duty overhaul ahead of NSW reform
by Annie Kane • 14 Jun 2022
With NSW expected to announce changes to the “worst tax” next week, calls are rising for other states to follow... READ MORE
Finsure announces new head of operations
by Kate Aubrey • 14 Jun 2022
The mortgage aggregator has appointed Kon Shizas to lead its “growing network” of 2,400 brokers.
READ MORE
Prospa welcomes next southern regional manager
by Sam Nichols • 14 Jun 2022
The SME lender has appointed its next manager to support broker partners across Victoria, Western Australia, South... READ MORE
MORE FROM THE ADVISER
MFAA launches near-prime, specialist loan resource
by Sam Nichols • 5 Jul 2022Coined Finance for when your customer doesn’t fit the mould: A broker’s guide to near-prime and...
Specialist lender LoanU rebrands to Gedda
by Reporter • 5 Jul 2022The personal and auto loan provider LoanU, which specialises in helping Australians with impaired credit histories...
CBA introduces AI technology to combat scams
by Kate Aubrey • 5 Jul 2022New figures released by the competition watchdog this week have revealed that Australians lost more than $2 billion...
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