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Breaking News
NSW broking industry celebrated
by Annie Kane • 8 Mar 2019
The leading brokers, business development managers and support staff in NSW have been recognised at the Better Business...
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AMP lifts variable mortgage rates
by Charbel Kadib • 8 Mar 2019
Cost pressures have prompted AMP Bank to hike its variable home loan rates for both new and existing customers.
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Bank of Sydney to relocate headquarters
by Reporter • 8 Mar 2019
The non-major bank revealed that it is purchasing a building in Sydney’s CBD to relocate its head office.
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Recognising leading female brokers
by Annie Kane • 8 Mar 2019
As we mark International Women’s Day, the industry is celebrating and recognising the women making waves in the...
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SocietyOne’s loan book boosted by broker channel
by Reporter • 8 Mar 2019
The marketplace lender has reported 62 per cent growth in loan originations, increasing its total loan book to $600...
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Bank to fuel broker ‘momentum’ with sharp rate cuts
by Charbel Kadib • 7 Mar 2019
A non-major lender has announced mortgage rate cuts of up to 92 basis points for new business, as part of its push for...
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Cash rate relevance waning: Mortgage Choice
by Reporter • 7 Mar 2019
The Reserve Bank’s monetary policy decisions have lost significance amid out-of-cycle interest rate changes from...
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Lender trials merchant cash advance through brokers
by Annie Kane • 7 Mar 2019
Brokers will soon be able to offer SME clients a merchant cash advance product, as an SME lender looks to expand its...
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RC offers ‘opportunity’ for brokers to diversify
by Reporter • 7 Mar 2019
Brokers would be prudent to diversify their offering into SME and asset finance following the royal commission, the CEO...
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TMB cuts mortgage rates by up to 50bps
by Charbel Kadib • 6 Mar 2019
The mutual bank has announced interest rate reductions of up to 50 basis points on its owner-occupied and investor home...
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‘Trail commission not dead’: MFAA
by Annie Kane • 6 Mar 2019
The association is continuing to defend trail commissions and is advocating for its survival despite plans to ban the...
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Former Latitude exec joins non-bank lender
by Reporter • 6 Mar 2019
A non-bank lender has announced appointing a former executive from Latitude Financial Services to its leadership team.
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RBA announces cash rate decision - Mar 2019
by Charbel Kadib • 5 Mar 2019
The RBA has revealed its cash rate verdict for March, following its monthly monetary policy board meeting.
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Shareholders approve bank-aggregator rebrand
by Charbel Kadib • 5 Mar 2019
Goldfields Money shareholders have supported a motion to change the group's name as part of its move to re-position...
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Moula commits $250m in loans, updates terms
by Reporter • 5 Mar 2019
The fintech lender has announced its commitment to distributing an additional $250 million in business loans over the...
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Commercial property lender expands sales team
by Reporter • 5 Mar 2019
Think Tank Group has announced two new appointments to support national expansion.
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Loan Market launches high-street shop front
by Reporter • 5 Mar 2019
The broking franchise has announced the opening of a multifaceted retail space designed to enhance the customer...
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Legislators urged to put broker uncertainty to bed
by Charbel Kadib • 4 Mar 2019
The executive chairman of Loan Market, Sam White, has stressed the need for a permanent policy solution for the broking...
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Brokerage commits 20% of commissions to homelessness
by Ezekiel MacNevin • 4 Mar 2019
A new online brokerage will donate a percentage of its commissions to help fight homelessness.
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Wisr books 441% growth in loan originations
by Reporter • 4 Mar 2019
The peer-to-peer lender has reported a 441 per cent surge in loan originations in the first half of the 2019 financial...
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Resimac drops three construction loans, updates policy
by Ezekiel MacNevin • 4 Mar 2019
The non-bank lender has announced the removal of three construction loan products, as well as changes to application...
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Leading Victorian brokers crowned
by Annie Kane • 1 Mar 2019
The leading brokers, business development managers and support staff in Victoria have been recognised at the Better...
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Firstmac one step closer to acquisition
by Charbel Kadib • 1 Mar 2019
The non-bank lender has received preliminary approval for its acquisition of a Queensland-based credit union.
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Athena receives $250m in mortgage applications
by Ezekiel MacNevin • 1 Mar 2019
Athena Home Loans has announced receiving $250 million in home loan applications within four days of launching into the...
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Mortgage broking at ‘a juncture in its history’: ASIC
by Annie Kane • 28 Feb 2019
In an update on the regulator’s work on mortgages, ASIC’s executive director for financial services has said that...
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