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Breaking News
Brokers increasingly delegating and outsourcing loan processing
by Annie Kane • 5 Jun 2025
More than a quarter of brokers now outsource their loan processing, according to a new survey from NextGen.
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Cash crunch forcing SMEs to seek funding
by Will Paige • 5 Jun 2025
More small businesses are looking for funding amid growing cost flow pressures, according to Prospa.
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Private lending transparency under scrutiny in ASIC review
by Will Paige • 5 Jun 2025
The finance industry has warned that limited transparency in private lending is damaging confidence in the market and...
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RedZed launches tech trial targeting responsible lending
by Will Paige • 5 Jun 2025
The specialist lender is piloting a new tech platform that uses AI to support borrowers in fully understanding their...
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RAMS sued for systemic misconduct in home loans
by Annie Kane • 4 Jun 2025
The Westpac-owned subsidiary has agreed to civil penalty proceedings with the financial services regulator over alleged...
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Brokers using a smaller pool of lenders
by Annie Kane • 4 Jun 2025
The average number of lenders used by mortgage brokers fell to near-record lows in April 2025, new data from the Broker...
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Will AI diminish brokers’ value?
by Will Paige • 4 Jun 2025
Software industry leaders have outlined how AI will change the day-to-day work of brokers.
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RBA signals cautious stance in face of global uncertainty
by Will Paige • 3 Jun 2025
The latest RBA minutes show the central bank is favouring a cautious approach to interest rate policy amid heightened...
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Finance brokers urged to help SMEs navigate deduction changes
by Annie Kane • 3 Jun 2025
Taxpayers will not be able to claim tax deductions for ATO interest charges from next month, with brokers being urged...
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Private lending expands despite tightening oversight
by Will Paige • 3 Jun 2025
Brokers are playing a greater role in providing access to the private lending market but are being urged to do so with...
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Brokers to unpack the keys to success
by Reporter • 3 Jun 2025
Elite and new brokers from Queensland, NSW, and Victoria will share their secrets to success at the New Broker Academy...
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Mortgage brokers writing record 76.8% of home loans
by Will Paige • 2 Jun 2025
Brokers wrote almost 77 per cent of all mortgages in the March quarter, MFAA figures show.
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Investor lending dominates loan book growth
by Annie Kane • 2 Jun 2025
The growth in investor lending at Australian banks is outpacing that of owner-occupier lending, according to new...
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Rate cuts spark rise in housing values
by Will Paige • 2 Jun 2025
The RBA’s decision to lower the cash rate in February has fuelled an increase in housing values, according to...
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YBR and Thinktank launch white label partnership
by Will Paige • 2 Jun 2025
The white label partnership will give YBR brokers access to Thinktank’s lending products.
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CBA unpacks its broker strategy
by Annie Kane • 30 May 2025
Australia’s largest lender has confirmed that it wants to grow its broker flows and is actively working to build...
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Rate cuts to drive down mortgage arrears
by Will Paige • 30 May 2025
Lower interest rates could help cut mortgage arrears and reignite refinancing activity.
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Record gap in SME revenue outlook
by Will Paige • 30 May 2025
SME revenue forecasts reveal a widening disparity in how they view future growth prospects, ScotPac research shows.
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Connective and Brighten launch new white label product
by Will Paige • 30 May 2025
The new product targets underserved borrowers in the alternative lending space.
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Hot Property: The biggest property headlines from the week 26–30 May
by Ben Squires • 30 May 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 30...
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Inflation stays steady, leaves door open for future cuts
by Will Paige • 29 May 2025
New data shows headline inflation for May was unchanged, but underlying inflation inched up, cementing calls for future...
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Small business confidence rebounds as interest rates ease
by Will Paige • 29 May 2025
Lower interest rates are fuelling stronger confidence among small businesses, according to OnDeck Australia.
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Wisr secures $267m warehouse facility
by Will Paige • 29 May 2025
The personal lender has said the new facility will help it fund volume growth across both personal and secured vehicle...
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Teachers Mutual Bank names new deputy chair
by Will Paige • 29 May 2025
The new deputy chair has been a director at the mutual since 2019 and takes on the position ahead of the bank’s...
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New shadow treasurer and financial services minister announced
by Annie Kane • 28 May 2025
With the Liberal-National Coalition having reformed, a new shadow cabinet has been announced, including a new shadow...
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