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Breaking News
Open banking platform launches for brokers
by Annie Kane • 26 Jun 2025
An open baking portal has opened up to the broker channel, enabling them to access verified financial data for...
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Qld to launch new home ownership scheme
by Will Paige • 26 Jun 2025
The state’s new home ownership scheme will see the government make an equity contribution of up to 30 per cent on new...
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Rate forecasts shift after underlying inflation drops to 4-year low
by Will Paige • 26 Jun 2025
Major banks have begun changing cash rate forecasts after underlying inflation eased in May.
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Household Capital prints $270m RMBS
by Ben Squires • 26 Jun 2025
The retirement lending specialist has printed a $270 million RMBS public term issuance to meet borrower demand.
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Falling rates keep mortgage arrears at low levels
by Will Paige • 25 Jun 2025
Arrears remain at historically low levels and are expected to trend lower, according to Cotality, as rate cuts ease...
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NSW unveils ‘pre-sale finance guarantee’
by Will Paige • 25 Jun 2025
The NSW government has unveiled a range of budgetary measures to ease housing pressures, including broader land tax...
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NAB appoints new leader to focus on digital, UBank
by Annie Kane • 25 Jun 2025
The major bank has announced a new group executive for digital, data, and artificial intelligence, who will also be...
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ACT to reform stamp duty threshold and planning laws
by Will Paige • 24 Jun 2025
The ACT government will increase the stamp duty concession threshold, invest in new affordable homes, and change...
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Could new fees cause mutual banking merger momentum to fade?
by Will Paige • 24 Jun 2025
Proposed regulatory fees for merger assessments could exceed $1 million, potentially slowing further consolidation...
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SMEs at risk from overdependence on one client: ScotPac
by Will Paige • 24 Jun 2025
Business insolvencies are a major concern for SMEs due to the risks tied to an over-reliance on a small pool of...
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ANZ warns of sharp rise in EOFY scams
by Will Paige • 24 Jun 2025
ANZ saw a spike in attempted rebate and extortion scams at the end of the last financial year.
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CBA makes Simple Home Loan available to broker
by Annie Kane • 24 Jun 2025
The major bank has announced its new ‘Simple’ variable rate home loan option is now available to brokers.
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Fewer borrowers would use a broker again, research shows
by Will Paige • 23 Jun 2025
The proportion of home loan borrowers who would use a broker for their next loan has shrunk, according to a new...
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P&N Group forms new partnership to fast-track settlements
by Ben Squires • 23 Jun 2025
The customer-owned banking group aims to improve the mortgage fulfilment process at its two bank brands through a new...
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Quickli launches broker community
by Reporter • 23 Jun 2025
The serviceability fintech has launched a mortgage broker community engagement function on its platform to help brokers...
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ABA names new CEO
by Will Paige • 20 Jun 2025
ANZ’s head of Asia-Pacific engagement will lead the banking association from 18 August.
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APRA finalises student debt treatment guidance
by Will Paige • 20 Jun 2025
The regulator has issued new guidance stating that HELP debts should be excluded from the credit limit of all debts...
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Hot Property: The biggest property headlines from the week 16–20...
by Ben Squires • 20 Jun 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 20...
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SME Bootcamp 2025 to be held in September
by Reporter • 20 Jun 2025
The Adviser and Accountants Daily will launch SME Bootcamp 2025 to guide brokers and accountants to win more business...
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ANZ announces retirement of retail bank boss
by Ben Squires • 19 Jun 2025
The major has confirmed Maile Carnegie will retire at the start of July after leading the lender’s retail banking...
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NAB pays penalties for alleged CDR rule breaches
by Ben Squires • 19 Jun 2025
The major bank has received four infringement notices from the consumer watchdog over alleged breaches of CDR rules.
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Borrowers trust brokers more than proprietary channel: FBAA
by Will Paige • 19 Jun 2025
Brokers are still better trusted compared to the proprietary lending channel, a major new consumer report has found.
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Home prices climb on back of growing demand and rate cut outlook
by Will Paige • 19 Jun 2025
Falling interest rates have lifted demand to push home prices higher, recovering from a slowdown at the end of 2024,...
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WA passes stamp duty legislation
by Will Paige • 19 Jun 2025
Legislation to increase stamp duty exemptions and concessions for first home buyers has passed through the Western...
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ASIC exercise ‘always anticipated’, say broker associations
by Annie Kane • 18 Jun 2025
The financial services regulator is currently undertaking an information-gathering exercise asking aggregators to...
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