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Breaking News
AMP Bank trials new lending platform in broker pilot
by Will Paige • 28 May 2025
The bank has expanded an earlier trial of its digital origination platform to include 50 more brokers.
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Finance One locks down $300m warehouse facility from Barclays
by Will Paige • 28 May 2025
The facility will help the non-bank lender provide secured and unsecured lending options for consumers and small and...
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SME cash flows showing signs of improvement: Westpac
by Ben Squires • 28 May 2025
The cash flows of small and medium-sized businesses have improved despite lingering pockets of stress across the...
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MFAA and COSBOA partner to support gender diversity in broking
by Will Paige • 27 May 2025
The She Means Business program will provide up to 10 businesses with support and leadership development opportunities,...
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Slow CSLR claims result in levy underspend
by Annie Kane • 27 May 2025
Longer-than-anticipated claims to the Compensation Scheme of Last Resort will result in an underspend for the financial...
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Rentvesting appeal rises as first home buyers feel affordability...
by Will Paige • 27 May 2025
More first home buyers are turning to ‘rentvesting’ to get onto the property ladder, with members of industry...
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AFG Home and Commercial Loans overhauls sales structure, makes...
by Will Paige • 27 May 2025
The aggregator’s lending arm is restructuring its sales management team and promoting two people into new leadership...
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Finsure launches short-term commercial white label loan
by Annie Kane • 27 May 2025
The major aggregator has added a short-term commercial loan to its white label offering, becoming the fifth product in...
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How to set your brokerage up for success
by Arabella Walton • 27 May 2025
Ahead of his session at the New Broker Academy, The Successful Adviser founder outlines how new brokers can build...
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AI use in finance set to double within 3 years
by Will Paige • 26 May 2025
An expected surge in the use of generative AI in the finance industry could have major implications for brokers.
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Bendigo Bank maintains strong residential lending growth
by Will Paige • 26 May 2025
A continued focus on its mortgage offering has helped Bendigo sustain residential lending growth.
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Housing policy now under single portfolio
by Ben Squires • 26 May 2025
Several key housing policy functions have been reallocated and now fall under a single portfolio within the federal...
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MA Financial agrees to $90m deal for property manager
by Will Paige • 26 May 2025
The $90 million takeover is expected to grow MA Financial’s AUM to $12 billion.
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Housing crisis deepens amid affordability woes and supply shortfall
by Will Paige • 23 May 2025
Sluggish new house supply has exacerbated affordability problems for prospective home buyers.
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Banks step up support for NSW flood victims
by Will Paige • 23 May 2025
Lenders are providing emergency assistance to customers and businesses as fears grow that floods could worsen in parts...
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Hot Property: The biggest property headlines from the week 19–23 May
by Ben Squires • 23 May 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 23...
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Teachers Mutual and Australian Mutual boards endorse proposed merger
by Annie Kane • 22 May 2025
With due diligence having been completed on another mutual merger, both boards are now recommending that the deal...
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Brokers aren’t the mortgage cost problem, says industry
by Annie Kane • 22 May 2025
Aggregator heads have slammed a column in The Australian Financial Review for suggesting that cutting out brokers would...
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Plenti portfolio grows by a fifth after originations surge
by Will Paige • 22 May 2025
Growth across all lending verticals drove a 19 per cent jump in Plenti’s loan portfolio in the financial year ending...
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LMG adds 2 lenders to commercial panel
by Will Paige • 22 May 2025
Specialist lenders Funding and N1 Holdings have joined LMG’s commercial lending panel as the aggregator continues its...
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ASIC sues Resimac over customer hardship failings
by Will Paige • 21 May 2025
The regulator has claimed Resimac adopted a one-size-fits-all approach to hardship applications that was...
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Banning LRBAs not on government agenda: Treasurer
by Keeli Cambourne • 21 May 2025
Treasurer Jim Chalmers has said the government is not “considering” banning LRBAs in SMSFs, despite the Greens’...
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CBA acts to speed up asset finance options
by Will Paige • 21 May 2025
The major has made a host of changes to its asset finance offering, including for brokers, as it works to reduce the...
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Lenders remain bullish on commercial real estate
by Will Paige • 21 May 2025
Demand for commercial mortgages has remained relatively unchanged over the past year despite intensifying global...
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Rate cut renews borrower and broker optimism
by Annie Kane • 20 May 2025
The broking industry has welcomed the latest rate drop, particularly as several lenders have moved quickly to confirm...
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