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Breaking News
CAFBA urges Senate to protect business lending
by Annie Kane • 1 Mar 2021
The broker association has called on the Senate to ensure that any changes to lending laws provide a clear delineation...
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BMM launches new overseas buyers loan
by Annie Kane • 1 Mar 2021
Non-bank lender Better Mortgage Management has launched a new loan product for non-residents and expatriates.
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More than half of Joust loans ‘won’ by brokers
by Annie Kane • 1 Mar 2021
Over 50 per cent of home loan opportunities sent through the platform have been won by brokers, the mortgage auction...
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AFG reports settlements, profit spike
by Malavika Santhebennur • 1 Mar 2021
The aggregator’s loan settlements have jumped by over 20 per cent compared with last year, while profits have also...
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MPs highlight broker concerns in Parliament debate
by Annie Kane • 26 Feb 2021
The Member for Fisher says brokers back the bill repealing responsible lending laws, while the Opposition Whip told...
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Liberty reports surge in new loan originations
by Malavika Santhebennur • 26 Feb 2021
The non-bank has reported an 11 per cent growth in new loans written for 1HFY21, with the majority of these loans...
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Tennis legends discuss business resilience amid COVID-19
by Malavika Santhebennur • 26 Feb 2021
Andre Agassi and Lleyton Hewitt underscored the importance of business resilience during a crisis at an Aussie webinar,...
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Turnaround issues highlight need for better tech
by reporter • 26 Feb 2021
Delays in approvals could be reduced if lenders and brokerages harnessed technology that provided them with up-to-date...
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Hot Property: The biggest property headlines from the week 22-26...
by Reporter • 26 Feb 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 26...
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Brokers contribute to Auswide Bank book growth
by Annie Kane • 25 Feb 2021
Improved broker services and the FHLDS have helped the Queensland-based bank deliver loan book growth in 1H21,...
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Real value of property ‘an inexact science’
by reporter • 25 Feb 2021
Raine & Horne Group’s executive chairman has said that predicting market value remains an “inexact science”,...
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Loan Market reports CSM influx
by reporter • 25 Feb 2021
The major brokerage has hired 148 new client service managers since October, as it works to bring in 250 new members to...
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Why this broker wants brokers to be specialists
by Malavika Santhebennur • 25 Feb 2021
Specialising in one loan segment could not only make a new broker an industry knowledge expert but also build stronger...
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86 400 confirms broker commitment
by Annie Kane • 24 Feb 2021
The neobank has confirmed that the broker channel will play a key role for UBank under the proposed merger, adding that...
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Connective achieves record settlements
by Annie Kane • 24 Feb 2021
The aggregation group has revealed that its brokers settled a new record of $5.61 billion in December 2020,...
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Finsure appoints new state managers
by Malavika Santhebennur • 24 Feb 2021
The aggregation group has promoted several of its BDMs to new state managers, and has appointed new BDMs to support its...
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Westpac, SocietyOne partner for digital banking
by Malavika Santhebennur • 24 Feb 2021
The major bank has announced SocietyOne as a partner on its digital banking platform, with plans to expand its offer to...
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Former Resimac CEO joins Prospa board
by Annie Kane • 24 Feb 2021
Mary Ploughman, the former CEO of Resimac and current chairman of Plenti Group, is set to join Prospa’s board next...
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Expanded BOQ Group to focus on mortgage growth
by Annie Kane • 23 Feb 2021
Brokers will continue to be “extremely important” to the expanded BOQ Group, as it looks to grow its mortgage book...
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Decade-low listings spur buyer urgency: Aussie
by Malavika Santhebennur • 23 Feb 2021
The number of properties listed for sale across Australia has fallen to a 10-year low, creating some “urgency” in...
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Trail book lender reports increase in retiring brokers
by Annie Kane • 23 Feb 2021
Trail Homes has revealed that its turnover has increased 56 per cent in a year, which it attributes to an increase in...
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BOQ to acquire ME Bank for over $1bn
by Annie Kane • 22 Feb 2021
Bank of Queensland Ltd has entered into an agreement to acquire 100 per cent of Members Equity Bank Limited...
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Submissions on RLO and BID extension released
by Annie Kane • 22 Feb 2021
More than 100 submissions into the bill repealing responsible lending laws – which includes extending the best...
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Application rework claims ‘contentious’, says broker
by Malavika Santhebennur • 22 Feb 2021
A mortgage broker has suggested that inconsistencies in credit application criteria between lenders and credit...
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90% of brokers want more government support
by Annie Kane • 22 Feb 2021
Nine in 10 brokers would like to see more government support for the industry this year, according to a new poll.
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