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Majors recover lost ground in business space

Majors recover lost ground in business space, volumes slide
by Charbel Kadib • 5 Mar 2020
The big four banks have regained market share in the business and commercial lending space amid an overall slide in... READ MORE
mortgage rate

Swathe of non-majors slash mortgage rates
by Charbel Kadib • 5 Mar 2020
A number of non-major lenders, including Macquarie, ING, Suncorp, and BOQ, have reduced their variable home loan... READ MORE
Suncorp

Suncorp cuts business rates
by Hannah Dowling • 5 Mar 2020
The non-major bank has announced various cuts to its small business fixed rate products. READ MORE
My Mortgage Freedom CEO Anthony Alabakov

Broker partnerships need due diligence says broker CEO
by Malavika Santhebennur • 5 Mar 2020
A Victoria-based broker has underlined the importance of brokerages forming strategic partnerships that are culturally... READ MORE

AFG seeks to allay ACCC concerns
by Annie Kane • 4 Mar 2020
As the ACCC consultation on the AFG/Connective merger draws to a close this week, the CEO of AFG has outlined that the... READ MORE
Mark Windram and Leah Renwick

FBAA appoints new, multi-state managers
by Hannah Dowling • 4 Mar 2020
The broker association has appointed Mark Windram to the newly created role of state manager for WA/SA/NT and Leah... READ MORE

Specialist lender RedZed sponsors Melbourne Storm
by reporter • 4 Mar 2020
RedZed Lending Solutions has become the major partner of the Melbourne Storm rugby team, as the non-bank lender aims to... READ MORE

RBA slashes cash rate to new low
by Charbel Kadib • 3 Mar 2020
The cash rate has hit a new record low, with the Reserve Bank easing monetary policy for the fourth time in less than a... READ MORE

CML drops COG merger, looks to Scottish Pacific
by Annie Kane • 3 Mar 2020
In a new turn of events, debtor finance specialist CML Group has terminated its agreement with Consolidated Operations... READ MORE

Banned broker charged by ASIC
by Hannah Dowling • 3 Mar 2020
A former Aussie Home Loans broker has been charged with breaching an ASIC banning order, with the regulator alleging... READ MORE

Deposit Power appoints new state manager for Victoria
by Annie Kane • 3 Mar 2020
The deposit bond provider has appointed its first full-time state manager for Victoria, following a period of growth. READ MORE

Connective Asset Finance panel expands
by Hannah Dowling • 3 Mar 2020
The aggregator’s asset finance branch has added three new lenders to its panel, bringing the total number of lenders... READ MORE

Regulation of industry will remain ‘on the agenda’: AFG CEO
by Annie Kane • 2 Mar 2020
The regulatory scrutiny and continued legislation of the broking industry “will be on the agenda from here on in”... READ MORE
Michael Scott

Former ME Bank BDM joins Heritage
by Reporter • 2 Mar 2020
Heritage Bank has announced the appointment of a new business development manager for Victoria and South Australia. READ MORE
Resimac appoints interim chairman

Resimac appoints interim chairman
by Reporter • 2 Mar 2020
The non-bank has announced the appointment of a non-executive director to serve as interim chairman while the lender... READ MORE
Mark Bouris

YBR completes sale of 50% stake in Resi
by Reporter • 2 Mar 2020
An affiliate of a global alternative asset manager has officially assumed a 50 per cent stake in YBR subsidiary Resi. READ MORE

Revealed: The winners of the Better Business Awards NSW/ACT
by Annie Kane • 28 Feb 2020
The leading lights of the broking industry from across NSW and ACT have been celebrated at the Better Business Awards... READ MORE

Prospa reshuffles leadership team
by Hannah Dowling • 28 Feb 2020
The SME lender has announced changes to its leadership team following the release of it’s half-year 2020 results. READ MORE

Wisr originations jump 90%, profit falls
by Hannah Dowling • 28 Feb 2020
The neo-lender has reported a $12.9 million loss in the six months to 31 December 2019, despite seeing its loan... READ MORE

Broker market share bounces back
by Charbel Kadib • 27 Feb 2020
The share of new loans originated by the broker channel has increased for the first time in six months, new MFAA data... READ MORE
Scott McWilliam

Lender CEO sees bright side of BID
by Charbel Kadib • 27 Feb 2020
The new best interests duty would provide lenders with a greater deal of “comfort” when dealing with the... READ MORE
Bank of Queensland

BOQ updates guarantor policy
by Reporter • 27 Feb 2020
The non-major has revised its guarantor policy in response to provisions in the new banking code of practice. READ MORE
Brokers driving growth through technology

Brokers driving growth through technology
by Hannah Dowling • 27 Feb 2020
A Sydney-based brokerage has experienced a 40 per cent increase in settlement volumes year-on-year, after adopting... READ MORE
Fane Levy

Broking is a round-the-clock business, says broker
by Malavika Santhebennur • 27 Feb 2020
Brokers should aim for “round-the-clock” efficiency and return a client’s call within two hours, advises a... READ MORE
Greg Ashe

ASIC urged to ‘dial back’ BID guidance
by Charbel Kadib • 26 Feb 2020
The regulator has “overreached” in its interpretation of the best interests duty and should “dial back” its... READ MORE