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Mortgage Choice partners with Pepper on new white label
by Hannah Dowling • 10 Feb 2020
The major brokerage has announced the launch of a specialist lending white label product suite, created in partnership... READ MORE

Loanbid eyes expansion amid platform growth
by Hannah Dowling • 10 Feb 2020
The online home loan-bidding platform is expected to announce its intention to expand its offering into business loans,... READ MORE

Smartline to become face of REA broker business
by Annie Kane • 7 Feb 2020
Realestate.com.au Home Loans will no longer represent REA Group’s broking business, with a rebranded Smartline... READ MORE

New lending service rolled out for brokers

by Charbel Kadib • 7 Feb 2020
A fintech lender has launched a new home-lending service aimed at simplifying the underwriting process for brokers. READ MORE
ING

Lender pulls investment product
by Charbel Kadib • 7 Feb 2020
A non-major has announced the withdrawal of an investment product due to “low demand” from customers. READ MORE
Andy Cusworth

Australian Invoice Finance appoints new state BDM
by Malavika Santhebennur • 7 Feb 2020
The cash flow finance provider has appointed a Queensland BDM to boost sales in the state. READ MORE

Best Interests Duty Bill formally passed
by Annie Kane and Charbel Kadib • 6 Feb 2020
The bill containing the best interests duty for mortgage brokers has officially passed both houses, after being read... READ MORE
Compensation scheme

Compensation scheme should apply to brokers: AFCA
by Malavika Santhebennur • 6 Feb 2020
AFCA has stressed the need for CSLR obligations to apply across the financial services industry, including mortgage... READ MORE
Latitude launches loan with repayment free term

Lender launches loan with repayment-free term
by Charbel Kadib • 6 Feb 2020
Non-bank lender Latitude Financial has rolled out a new personal loan offering with a repayment-free window. READ MORE
ME tweaks income verification policy

Bank tweaks income verification policy

by Malavika Santhebennur • 6 Feb 2020
A non-major bank has updated its income verification policies to “keep pace” with the changing landscape of... READ MORE
Shane Oliver

Cash rate still heading south despite upbeat RBA: AMP
by Charbel Kadib • 6 Feb 2020
The Reserve Bank will proceed with its monetary policy easing strategy despite maintaining a “surprisingly”... READ MORE
New draft legislation tentatively welcomed

New draft legislation tentatively welcomed
by Annie Kane • 5 Feb 2020
The FBAA and MFAA have tentatively welcomed new draft legislation, particularly in relation to improving broker... READ MORE
small business app

CBA-owned fintech unveils small-business app
by Malavika Santhebennur • 5 Feb 2020
A fintech firm fully owned by the Commonwealth Bank has released a mobile app for small businesses, which collates... READ MORE
Mortgage requirements

Mortgage requirements intimidate first home buyers
by Lyall Russell • 5 Feb 2020
Although property prices continue to increase, it is not the critical barrier for first home buyers, the Housing... READ MORE

First cash rate decision of 2020 revealed
by Hannah Dowling • 4 Feb 2020
The Reserve Bank has announced its cash rate decision for the month of February, the first rate decision made for... READ MORE

Government to bring in new misconduct procedures for brokers
by Annie Kane • 4 Feb 2020
New draft legislation has been released that aims to bring into effect new obligations for credit licensees around... READ MORE
Prospa expands Queensland team

Prospa expands Queensland team
by Hannah Dowling • 4 Feb 2020
The non-bank lender has announced two new appointments to its Queensland team, including a new state manager. READ MORE
Commercial brokerage expands to NZ

Commercial brokerage expands to NZ
by Hannah Dowling • 4 Feb 2020
Financial services group and commercial brokerage FlexiCommercial, a division of FlexiGroup, has launched into the... READ MORE
Strong year forecast for asset finance

Strong year forecast for asset finance
by Malavika Santhebennur • 4 Feb 2020
Aggregator Connective Asset Finance is foreseeing strong growth in 2020 as it expects demand out of NSW and Victoria to... READ MORE
Non-bank lender to ramp up broker partnerships

Non-bank lender to ramp up broker partnerships
by Hannah Dowling • 3 Feb 2020
Mortgageport has announced that it intends to expand its partnerships with brokers, starting off by offering First Home... READ MORE

FAST welcomes Judo Bank to its panel
by reporter • 3 Feb 2020
Aggregation company FAST has added SME lender Judo Bank to its panel, welcoming the lender’s agility and service... READ MORE

Non-majors begin offering FHLDS loans
by Annie Kane • 3 Feb 2020
The remaining 7,000 places for the First Home Loan Deposit Scheme are now open, as the non-major lenders begin... READ MORE
Government proposes new ACL obligations

Government proposes new ACL obligations
by Charbel Kadib • 31 Jan 2020
The government is consulting on a new bill designed to impose additional information-sharing obligations on credit... READ MORE
Home values

Average loan sizes jump in tandem with home values
by Charbel Kadib • 31 Jan 2020
The rebound in residential property prices has triggered increases of up to 9.3 per cent to the average size of a... READ MORE
Newcastle Permanent raises rates on OO IO loans

Newcastle Permanent raises rates on OO IO loans
by Malavika Santhebennur • 31 Jan 2020
The building society has announced that it is increasing interest rates across a couple of its home loan packages. READ MORE