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CBA and ING

CBA, ING slash variable rates ahead of touted RBA move

by Reporter • 29 Sep 2020
The lenders have reduced variable mortgage rates for both owner-occupiers and investors, amid speculation of a cut to... READ MORE
Government announces small-business insolvency reforms

Government announces small-business insolvency reforms
by Adrian Flores • 29 Sep 2020
The federal government has announced a range of small-business insolvency reforms to help them restructure and survive... READ MORE
Jessie Moore

Loan Market appoints Qld growth manager
by Malavika Santhebennur • 29 Sep 2020
The major brokerage said it has appointed a new growth manager in Queensland to “capitalise” on the anticipated... READ MORE
New lending reforms to have no bearing on BID

New lending reforms to have no bearing on BID
by Charbel Kadib • 28 Sep 2020
Brokers will still be required to comply with forthcoming best interests duty obligations under the federal... READ MORE
Non-major lender cuts LMI to $0

Non-major lender cuts LMI to $0 in new offer
by Malavika Santhebennur • 28 Sep 2020
The lender has slashed its LMI costs to $0 for borrowers with a 15 per cent deposit who apply for a Reward Me Home... READ MORE
Aggregator calls for ‘fairer’ clawback structure

Aggregator calls for ‘fairer’ clawback structure
by Malavika Santhebennur • 28 Sep 2020
In response to the release of the final clawback regulations, Connective said the industry needs to find “fairer”... READ MORE

Responsible lending laws to be scrapped

by Charbel Kadib • 25 Sep 2020
The federal government has revealed that it will move to overhaul credit practices by scrapping responsible lending... READ MORE
Plenti lists on the ASX

Plenti lists on the ASX
by Reporter • 25 Sep 2020
The non-bank lender has commenced trading on the ASX after successfully launching its initial public offering. READ MORE
Brokers maintain low level of AFCA complaints

Brokers maintain low level of AFCA complaints
by Malavika Santhebennur • 25 Sep 2020
Over 7,000 complaints relating to home loans were lodged with AFCA over the financial year, but only a fraction was... READ MORE
Former Prospa state manager joins Moneytech

Former Prospa state manager joins Moneytech
by Reporter • 25 Sep 2020
Moneytech has announced the appointment of a new senior business development manager to spearhead its growth... READ MORE
Hot Property: The biggest property headlines from the week 21-25 September

Hot Property: The biggest property headlines from the week 21-25...
by Reporter • 25 Sep 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 25... READ MORE
FBAA says ‘clawback fight’ is not over

FBAA says ‘clawback fight’ is not over
by Annie Kane • 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

Connective adds digital mortgage lender to panel
by Malavika Santhebennur • 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

Personal lender joins AFG panel
by Malavika Santhebennur • 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 focused on FHB education

Why this broker focuses on FHB education
by Malavika Santhebennur • 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

Aggregator launches new business diagnostic tool for brokers
by Annie Kane • 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

Conflicted remuneration defined in new regulations
by Annie Kane • 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

COVID-19 erodes FHB deposit savings: MyState
by Malavika Santhebennur • 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

COBA welcomes closer ties between regulators
by Malavika Santhebennur • 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

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

ASBFEO reiterates call for more SME support
by Annie Kane • 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

AMP lowers floor rate, updates HEM benchmark
by Charbel Kadib • 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

ACCC issues warning over rental scammers
by Reporter • 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

SMEs offered Qantas points for business loans
by Malavika Santhebennur • 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

Major bank announces new CEO, consumer
by Annie Kane • 21 Sep 2020
A big four bank has appointed a new chief executive for its consumer division. READ MORE