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Non-majors targeting origination and assessment tech
by Annie Kane • 30 Sep 2024
ANALYSIS Brokers will soon experience faster and more consistent turnarounds from the non-major banks, as a tidal wave...READ MORE
Household credit demand hits new record
by Annie Kane • 30 Sep 2024
A record $57.5 billion of credit was borrowed by households in the June quarter, new statistics from the ABS have... READ MORE
Over 1/3 of suburbs now have a median price point over $1m
by Sebastian Holloman • 30 Sep 2024
Australia’s million-dollar club is the biggest it’s ever been, with a number of new suburbs recently added to the... READ MORE
Negative gearing removal would be ‘playing with fire’, warn...
by Annie Kane • 27 Sep 2024
As negative gearing becomes political football once again, brokers have warned how removing the tax incentive would... READ MORE
AFG reflects on 30 years of broking
by Annie Kane • 27 Sep 2024
Australian Finance Group has marked its 30th anniversary, reflecting on the success and swell of the industry over the... READ MORE
Hot Property: The biggest property headlines from the week 23–27...
by Annie Kane • 27 Sep 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 27... READ MORE
REA Group to buy share in non-bank lender
by Annie Kane • 26 Sep 2024
The REA Group has agreed to acquire a 19.9 per cent interest in non-bank lender Athena Home Loans.
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Submissions open for Better Business Awards 2025
by Arabella Walton • 26 Sep 2024
Nominations and submissions are now open for the 12th annual Better Business Awards, run in collaboration with... READ MORE
CPI now within RBA target band
by Annie Kane • 25 Sep 2024
New figures have revealed that inflation is now within the RBA’s 2–3 per cent target band, with energy rebates... READ MORE
ASIC begins cancelling credit licences following CSLR payments
by Annie Kane • 25 Sep 2024
The financial services regulator has, for the first time, cancelled credit licences of companies following the payment... READ MORE
Should APRA have a set arrears target?
by Annie Kane • 25 Sep 2024
A submission to the Senate’s home ownership inquiry has said APRA should have a 2–3 per cent target for home loan... READ MORE
Borrowers will welcome cash rate hold, say aggregator leaders
by Annie Kane • 24 Sep 2024
Members of the broking industry have said that the decision to hold the cash rate will be welcome news to borrowers,... READ MORE
September–October cash rate decision called
by Annie Kane • 24 Sep 2024
The central bank has announced its monetary policy decision for September–October, dousing hopes for a rate cut this... READ MORE
Cost of living now the main barrier to home ownership
by Annie Kane • 24 Sep 2024
The cost of living has surpassed housing affordability as the main barrier to home ownership, according to new research... READ MORE
Finalists unveiled for Women in Finance Awards 2024
by Malavika Santhebennur • 24 Sep 2024
Mortgage and commercial finance brokers are in the running to win one of the coveted Women in Finance Awards... READ MORE
ASIC sues Sydney businesses for alleged unlicensed lending
by Reporter • 24 Sep 2024
A south-west Sydney car dealership is being sued for allegedly providing unlicensed car loans to consumers, which had... READ MORE
New tech partnership aims to optimise onboarding and origination
by Ben Squires • 24 Sep 2024
The partnership will provide banks and lenders with a “complete, end-to-end solution”.
READ MORE
Majority of brokers have repeat clients
by Annie Kane • 23 Sep 2024
Fifty-seven per cent of brokers see at least half of their clients come back to them for another loan, according to new... READ MORE
Housing affordability level hits record low
by Ben Squires • 23 Sep 2024
High mortgage rates and increasing house prices have resulted in the poorest housing affordability level on record,... READ MORE
91% of FHBs likely to use a broker: Helia
by Annie Kane • 20 Sep 2024
Nine in 10 first home buyers are likely to use a mortgage broker to obtain a loan for their property, according to new... READ MORE
CBA pushes back rate cut forecast
by Annie Kane • 20 Sep 2024
Hope is fading that the RBA will cut rates this year, with another major bank pushing back its forecasts for a rate... READ MORE
Former bank CEO joins Bendigo board
by Annie Kane • 20 Sep 2024
A former CEO of Rabobank New Zealand has joined the non-major bank as a non-executive director.
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Hot Property: The biggest property headlines from week 16–20...
by Annie Kane • 20 Sep 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 20... READ MORE
Lenders slammed for delays in processing loans
by Annie Kane • 19 Sep 2024
Delays to processing, poor communication, and issues with lender systems have been flagged by brokers, with the FBAA... READ MORE
Westpac launches digital solution for commercial brokers
by Annie Kane • 19 Sep 2024
Brokers will soon be able to submit a digital loan application for business customers to Westpac, as a result of a new... READ MORE
Finalists revealed for first-ever Momentum Media Australian AI Awards...
by Annie Kane • 19 Sep 2024
Mortgage broking businesses are in the running for a Momentum Media Australian AI Award, recognising those leading the... READ MORE
Help to Buy scheme vote delayed to November
by Annie Kane • 18 Sep 2024
The vote on the federal government’s Help to Buy shared equity scheme has been postponed for an additional two... READ MORE
Senate approves inquiry into CSLR and Dixon collapse
by Reporter • 18 Sep 2024
A Senate inquiry will probe the collapse of Dixon Advisory and its impact on the Compensation Scheme of Last... READ MORE
Reverse mortgage lender rebrands
by Annie Kane • 18 Sep 2024
Heartland Finance is now part of a digital specialist bank, after joining the former Challenger Bank... READ MORE
Why this ‘peri warrior’ is against menopause leave
by Malavika Santhebennur • 18 Sep 2024
Peri and menopause training founder and TV journalist Shelly Horton has hit back at calls for businesses to introduce... READ MORE
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