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Partnership

N1H announces partnership to boost capital-raising capacity
by Reporter • 10 Jun 2019
The financial and property services firm has announced forming a partnership with a Chinese advisory firm to “further... READ MORE

Nearly a third of SMEs struggle with finance
by Ezekiel MacNevin • 10 Jun 2019
Three-quarters of small businesses are struggling with business management, with 30 per cent saying they are... READ MORE

Non-major banks pass on full rate cut
by Annie Kane • 7 Jun 2019
Non-major lenders AMP Bank, Citi and ME Bank are among the lenders to reduce standard variable interest rates by 25... READ MORE
Andrea McNaughton

Borrowers flocking to brokers following mortgage rate slashes

by Charbel Kadib • 7 Jun 2019
Broking groups have reported a spike in borrower enquiries following the Reserve Bank’s decision to slash the cash... READ MORE

Two more lenders pass on full rate cut
by Annie Kane • 7 Jun 2019
A non-major bank and a credit union have both announced that they will reduce standard variable interest rates by 25... READ MORE
S&P Global Ratings

Mortgage portfolio ‘deteriorating’ as credit crunch persists
by Reporter • 7 Jun 2019
Delinquencies underlying Australia’s residential mortgage portfolio are continuing to climb as tighter lending... READ MORE

Non-major bank brings in former Westpac consumer bank CEO
by Annie Kane • 6 Jun 2019
BOQ has announced that it will welcome a new managing director and CEO in September, after appointing the former CEO... READ MORE

Treasurer ‘deeply disappointed’ at ANZ and Westpac
by Annie Kane • 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 Annie Kane • 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
For sale sign

FHB activity falls despite improvement in affordability
by Charbel Kadib • 6 Jun 2019
Housing affordability pressures have eased but first home buyers have not reaped the rewards, according to new... READ MORE
Connective office

Connective partners with Thinktank to launch new loan suite
by Reporter • 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 Charbel Kadib • 5 Jun 2019
Senior stakeholders in the broking industry have reacted to the Reserve Bank’s first monetary policy adjustment in... READ MORE
John Kolenda

RBA urged to ‘leave fuel in the tank’
by Charbel Kadib • 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

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
RBA

Pundits fear banks won’t play ball if RBA cuts
by Charbel Kadib • 4 Jun 2019
Most industry pundits are expecting the RBA to cut the official cash rate later today. However, some observers have... READ MORE
Malcolm Turnbull

Former PM joins KKR
by Reporter • 4 Jun 2019
Global asset management firm KKR has appointed former prime minister Malcolm Turnbull to an advisory role.   READ MORE

NextGen.Net launches enhanced version of ApplyOnline
by Ezekiel MacNevin • 4 Jun 2019
The technology services provider has released an enhanced version of its online application platform for submitting... READ MORE
Jim Chalmers

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
Mark Haron

Aggregator head joins MFAA board
by Charbel Kadib • 3 Jun 2019
The industry association has announced the appointment of a director of a major aggregator to its board. READ MORE

Elite broker nears $1bn milestone
by Annie Kane • 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 Reporter • 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 Annie Kane • 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
Bankwest

‘Aggressive’ rate cut frenzy ensues as sentiment flips
by Charbel Kadib • 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
Grocery list

Serviceability changes could be ‘offset’ by expense process
by Tas Bindi • 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