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Breaking News
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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ASIC issues penalty warning to brokers
by Reporter • 28 Feb 2019
The corporate regulator has reminded brokers to submit their industry funding invoices prior to the due date to avoid...
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Pepper to launch into commercial real estate space
by Annie Kane • 27 Feb 2019
Pepper Money has announced that it will be officially launching into commercial real estate lending in the coming weeks...
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Labor proposes new bank levy to fund financial rights lawyers
by Annie Kane • 27 Feb 2019
The Australian Labor Party has announced that it will introduce a new levy on ASX100-listed banks to hire more...
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Brokerage launches free video campaign for broker use
by Annie Kane • 27 Feb 2019
A leading WA brokerage is offering brokers the use of a free, non-branded video campaign that champions the broker...
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Lender expands team as it eyes national expansion
by Ezekiel MacNevin • 27 Feb 2019
Better Choice Home Loans has announced that it has made several new appointments, including a new business development...
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Half of Australians are battling financial stress, research reveals
by Ezekiel MacNevin • 27 Feb 2019
A recent report has revealed that more than 50 per cent of Australians are stressed about their finances, with nearly...
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Treasurer reiterates support of brokers
by Annie Kane • 26 Feb 2019
Treasurer Josh Frydenberg has said that the Liberal Party “[stands] on the side of mortgage brokers” and revealed...
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Australian Conservatives voice support for broker channel
by Charbel Kadib • 26 Feb 2019
Senate crossbencher Cory Bernardi is the latest policymaker to caution against reform that would undermine the...
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Banks welcome Labor’s ‘sensible’ broker policy
by Reporter • 26 Feb 2019
The Labor opposition’s shift away from a borrower-pays broker remuneration model has been welcomed by non-major...
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NAB implements changes to mortgage application process
by Reporter • 26 Feb 2019
The major bank has announced changes to its home loan application process to further assist brokers in “delivering...
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Industry reacts to Labor’s policy revision
by Charbel Kadib • 25 Feb 2019
The mortgage broking industry has welcomed the Australian Labor Party’s commitment not to implement a borrower-pays...
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RBA governor mulls remuneration alternatives
by Tas Bindi • 25 Feb 2019
The governor of the RBA has cautiously told senators that, “in principle”, Australia could move to a borrower-pays...
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AFG profits stable amid mixed lending result
by Charbel Kadib • 25 Feb 2019
The mortgage aggregator has reported a stable net profit of $16.7 million, despite a 7 per cent fall in...
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