Breaking News

Bluestone expands broker support

Bluestone expands broker support

by Annie Kane • 6 Sep 2021
The non-bank lender has welcomed six new broker support team members, as well as six new underwriters, as it ramps up... READ MORE

Suncorp to withdraw 2 lending offerings
by • 6 Sep 2021
The non-major bank has confirmed that it has begun the process of grandfathering and withdrawing two of its business... READ MORE

New FHLDS applications need Notice of Assessment
by Annie Kane • 6 Sep 2021
Applications for the government-backed First Home Loan Deposit Scheme now need to have Notice of Assessments to be... READ MORE

Brokers urged to prepare for new laws
by Malavika Santhebennur • 3 Sep 2021
Brokers have been advised to understand what actions they need to take when the “next wave” of regulatory changes... READ MORE

ScotPac partners with fintech to hasten approvals
by Annie Kane • 3 Sep 2021
The non-bank lender is to roll out a new data-driven lending platform powered by Trade Ledger, in a bid to accelerate... READ MORE

nMB sets a new record settlement year
by • 3 Sep 2021
National Mortgage Brokers settled $6.6 billion in the financial year 2021, with its loan book surpassing $20 billion... READ MORE

CBA launches green upgrade for commercial mortgages
by • 3 Sep 2021
The major bank has introduced a commercial property loan upgrade for businesses looking to reduce operating and... READ MORE

Hot Property: The biggest property headlines from the week 30 August...
by Reporter • 3 Sep 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 3... READ MORE

New non-bank lending group formed following merger
by Annie Kane • 2 Sep 2021
Several industry veterans, including former Pepper chief executive Patrick Tuttle, are to head up a newly created... READ MORE

Mutuals escaping ‘vicious cycle’ in merger mania: S&P
by Sarah Simpkins • 2 Sep 2021
The rise in consolidation among mutual lenders has reflected changing attitudes from management amid escalated margin... READ MORE

Butn appoints MYOB executive to board
by • 2 Sep 2021
MYOB’s chief employee experience officer has joined the business finance platform as a non-executive. READ MORE

Brokers continue to smash records: MFAA
by Annie Kane • 1 Sep 2021
Mortgage brokers settled nearly $78 billion of home loans in the June quarter, the highest quarterly figure ever... READ MORE

Resimac Group settlements surge to $4.8bn
by Annie Kane • 1 Sep 2021
Australian brokers helped deliver the vast majority of the group’s record settlements in the financial year 2021, as... READ MORE

Westpac completes LMI business sale
by • 1 Sep 2021
The big four bank has finalised its deal with a global specialist insurer for its lender’s mortgage insurance... READ MORE

ACT expands SME COVID support
by Malavika Santhebennur • 1 Sep 2021
The ACT COVID-19 Business Support Grants have been increased as the territory faces a lockdown extension. READ MORE
Alan Logan

MyState hires former ANZ exec to lead wealth division
by • 1 Sep 2021
Non-major banking group MyState Limited has appointed a new general manager for its wealth management subsidiary.  READ MORE

Liberty Financial raises broker investment as book swells
by Sarah Simpkins • 31 Aug 2021
The ASX-listed group has ramped up investments in broker support staff and technology, as it has seen its loans grow by... READ MORE

Broker flows boost Heartland to $1bn
by Sarah Simpkins • 31 Aug 2021
Heartland’s reverse mortgages loan book has passed $1 billion, with more than half of its business flowing through... READ MORE

Platform Finance partners with SME lender
by • 31 Aug 2021
Asset finance aggregator Platform Finance has made a strategic referral partnership with Moneytech Finance, allowing... READ MORE

CBA appoints non-executive director
by reporter • 31 Aug 2021
The major bank will welcome a new independent non-executive director on 1 September. READ MORE
‘Brokers’ strong relationships’ lead to record FY21: AFG

‘Brokers’ strong relationships’ lead to record FY21: AFG
by Annie Kane • 30 Aug 2021
The strength of the broker-client relationship has helped deliver a record settlement and financial result for the... READ MORE
Broker, big 4 dynamics shift benefits smaller banks: Auswide

Broker, big 4 dynamics shift benefits smaller banks: Auswide
by Sarah Simpkins • 30 Aug 2021
The non-major bank has eyed a turn in the relationship between brokers and the major banks, stating smaller players... READ MORE
Aggregator settlements up 42%

Aggregator settlements up 42%
by Malavika Santhebennur • 30 Aug 2021
Finsure has reported growth in settlements and its loan book for FY21, while its broker numbers have exceeded 2,000. READ MORE
Vaccination targets ‘critical’ for economic recovery: NAB CEO

Vaccination targets ‘critical’ for economic recovery: NAB CEO
by reporter • 30 Aug 2021
National cabinet’s vaccination targets are “critical” to getting the economy back on track, the major bank... READ MORE
Aggregators should be helping guide broker laws: Sam White

Aggregators should be helping guide broker laws: Sam White
by Annie Kane • 27 Aug 2021
As well as helping brokers with compliance, aggregators should be helping “shape” legislators’ views on how new... READ MORE