Breaking News
Treasurer ‘deeply disappointed’ at ANZ and Westpac
by • 6 Jun 2019
Federal Treasurer Josh Frydenberg has said that both government and customers are “deeply disappointed” with two...READ MORE
Macquarie, ING drop rates by 25 bps
by • 6 Jun 2019
Macquarie Bank and ING have become the two latest banks to announce that they will be passing on the RBA’s 25 basis... READ MORE
FHB activity falls despite improvement in affordability
by • 6 Jun 2019
Housing affordability pressures have eased but first home buyers have not reaped the rewards, according to new... READ MORE
Connective partners with Thinktank to launch new loan suite
by • 6 Jun 2019
The aggregator and the commercial property lender have joined forces to launch a new finance product for businesses,... READ MORE
Broking industry reacts to cash rate move
by • 5 Jun 2019
Senior stakeholders in the broking industry have reacted to the Reserve Bank’s first monetary policy adjustment in... READ MORE
RBA urged to ‘leave fuel in the tank’
by • 5 Jun 2019
The head of a mortgage aggregator has called on the Reserve Bank to refrain from hastily exhausting its monetary policy... READ MORE
Major banks pass on cash rate cut
by Charbel Kadib • 4 Jun 2019
Several lenders, including major banks, have dropped their variable home loan rates in response to the RBA’s monetary... READ MORE
RBA pulls cash rate trigger
by Charbel Kadib • 4 Jun 2019
The central bank has reduced the official cash rate for the first time since August 2016, with mortgage rate cuts... READ MORE
Pundits fear banks won’t play ball if RBA cuts
by • 4 Jun 2019
Most industry pundits are expecting the RBA to cut the official cash rate later today. However, some observers have... READ MORE
Former PM joins KKR
by • 4 Jun 2019
Global asset management firm KKR has appointed former prime minister Malcolm Turnbull to an advisory role.
READ MORENextGen.Net launches enhanced version of ApplyOnline
by • 4 Jun 2019
The technology services provider has released an enhanced version of its online application platform for submitting... READ MORE
Labor Party shakes up finance team
by Annie Kane • 3 Jun 2019
The leader of the opposition has announced his shadow cabinet, appointing a new shadow treasurer and finance minister... READ MORE
Aggregator head joins MFAA board
by • 3 Jun 2019
The industry association has announced the appointment of a director of a major aggregator to its board.
READ MOREElite broker nears $1bn milestone
by • 3 Jun 2019
A leading broker is expected to surpass $1 billion of settlements by the end of this year, having settled $952 million... READ MORE
Home loan rate cuts continue
by • 3 Jun 2019
The latest wave of mortgage rate cuts has continued, with two new lenders announcing changes ahead of an expected... READ MORE
Mutual lenders to merge next month
by • 3 Jun 2019
Two customer-owned banks are expected to merge on 1 July to create a combined entity with $2.2 billion in assets,... READ MORE
‘Aggressive’ rate cut frenzy ensues as sentiment flips
by • 31 May 2019
Bankwest is the only lender to announce a rate hike amid a flurry of cuts from several lenders, including a major... READ MORE
Serviceability changes could be ‘offset’ by expense process
by • 31 May 2019
The positive impact of APRA’s proposal to allow banks to set their own serviceability floors could be “offset” by... READ MORE
Finance brokerage appoints new interim GM
by • 31 May 2019
A leading finance broking firm has appointed business consultant Michael Trencher as its interim general manager and... READ MORE
Top tips on SME finance from a leading commercial broker
by • 31 May 2019
A leading finance broker has said that 75 per cent of SMEs are cash-strapped, but brokers can be the key to unlocking... READ MORE
Australian Broking Awards finalists 2019 revealed!
by • 30 May 2019
The finalists for the Australian Broking Awards 2019 have been revealed today, as the broking industry gears up for the... READ MORE
Property sentiment on the rise
by • 30 May 2019
Sentiment towards property investment and auctions has risen since the federal election, with more industry... READ MORE
Suncorp launches new loan offering for SMEs
by • 30 May 2019
Suncorp Bank has introduced a three-year fixed business loan offering, effective from Wednesday, 29 May.
READ MOREING cuts variable home loan rates
by • 30 May 2019
The non-major lender has dropped its owner-occupied home loan rates by up to 17 basis points.
READ MORECBA reports post-election spike in mortgage applications
by • 29 May 2019
The number of home loan applications received by the major bank in the week following the federal election hit a... READ MORE
Westpac announces changes to mortgage product features
by • 29 May 2019
The major bank has made changes to some of its home loan product features, including the removal of relocation loans as... READ MORE
Resimac sells subsidiary for $14m
by • 29 May 2019
The specialist lender has offloaded its subsidiary Paywise to focus on its core businesses in Australia and New... READ MORE
New credit rules make diversification ‘critical’
by • 29 May 2019
RateSetter has called for brokers to diversify into personal lending as ASIC’s new credit card rules could... READ MORE
Last chance to enter the Women in Finance Awards
by • 29 May 2019
Submissions are flooding in for the annual Women in Finance Awards, and entries close at the end of this week.... READ MORE
Borrower fee flagged as option to mitigate clawback risks
by • 28 May 2019
Brokers may need to consider charging a “refundable” fee to certain borrowers in order to offset losses incurred... READ MORE

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