Breaking News
Non-bank lender re-enters broker space
by Annie Kane • 18 Jan 2019
A non-bank lender has re-entered into the broker space after a 10-year hiatus, expecting to fully launch by the end of... READ MORE
Market share growth testament to broker value
by Charbel Kadib • 17 Jan 2019
The third-party industry has reacted to the news that broker market share has risen to 59.1 per cent, noting that... READ MORE
SME lender eyes growth following $135m credit line
by Annie Kane • 17 Jan 2019
Capify has announced that it has secured a $135 million credit facility from Goldman Sachs to help support its growth... READ MORE
FBAA slams campaign to end commissions
by Charbel Kadib • 17 Jan 2019
FBAA managing director Peter White has hit out at an “ill-informed” campaign by consumer group CHOICE, which has... READ MORE
Broker market share hits record high
by Charbel Kadib • 16 Jan 2019
Borrowers are increasingly opting to secure finance through the broker channel, with new statistics reporting a sharp... READ MORE
Major brokerage appoints new MD
by Annie Kane • 16 Jan 2019
The Australian Lending & Investment Centre has appointed the Bank of Melbourne’s former regional executive for... READ MORE
ANZ purchases $40m stake in brokerage
by Charbel Kadib • 16 Jan 2019
The major bank has purchased a minority stake reportedly worth $40 million in a national mortgage brokerage.
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RC won’t curtail industry ‘prosperity’
by Reporter • 16 Jan 2019
A Western Australia-based broker is confident that the broking industry will overcome any potential obstacles presented... READ MORE
CBA appoints new head of third party
by Annie Kane • 15 Jan 2019
The major bank has officially appointed a new general manager of third party banking, effective immediately.
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Bank announces 20bps rate rise
by Charbel Kadib • 15 Jan 2019
The second wave of out-of-cycle mortgage rate hikes has continued, with another lender announcing increases of up to 20... READ MORE
RBA rate cut expected amid funding gap ‘blow out’
by Charbel Kadib • 15 Jan 2019
Expectations of a cut to the official cash rate from the Reserve Bank have intensified amid a second wave of... READ MORE
Home owners have ‘higher financial wellbeing’ than renters
by Reporter • 15 Jan 2019
A “world-first” report has found that home owners have much higher “financial wellbeing” than renters, with... READ MORE
PC reiterates stance on trail commissions
by Annie Kane • 14 Jan 2019
The Productivity Commission has once again called on the government to ban trailing commissions in the provision of... READ MORE
Capify appoints first partnerships manager for Vic/SA
by Annie Kane • 14 Jan 2019
The small business lender has appointed a new senior manager for strategic partnerships, its first manager dedicated to... READ MORE
Loan Market adds lender to panel
by Reporter • 14 Jan 2019
The broking franchise has announced the appointment of a new lender to its panel in a move designed to broaden its... READ MORE
Virgin Money hikes variable rates
by Charbel Kadib • 11 Jan 2019
The non-major lender has increased interest rates on its variable home loan rates on variable owner-occupier and... READ MORE
‘Fluid’ rate environment ripe for brokers
by Charbel Kadib • 11 Jan 2019
A backdrop of out-of-cycle interest rate rises presents brokers with a unique opportunity to highlight their value to... READ MORE
ING appoints regulatory veteran to board
by Reporter • 11 Jan 2019
The lender has announced the appointment of a former Commonwealth Treasury, IMF, RBA and APRA representative to its... READ MORE
CoreLogic partners with Austbrokers
by Reporter • 11 Jan 2019
The property research group has announced its partnership with home insurance brokerage Austbrokers.
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NSW government launches tool to help combat mortgage stress
by Reporter • 10 Jan 2019
An online legal service designed to support borrowers tackling mortgage stress has been launched by the NSW... READ MORE
Lender lifts equity loan rates by 15bps
by Reporter • 10 Jan 2019
A South Australian-based lender has announced a 15 basis point increase on an equity loan product.
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Cost pressures compel bank to pull rate trigger
by Charbel Kadib • 9 Jan 2019
A bank has succumbed to wholesale funding cost pressures and increased rates on its home loan offerings by up to 18... READ MORE
New lender joins aggregator panel
by Annie Kane • 9 Jan 2019
A marketplace neo-lender has joined the panel of a recently rebranded asset finance services partner.
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Fintech space set to grow in 2019
by Adrian Flores • 9 Jan 2019
The Australian fintech industry is due for strong growth over the next year, with platforms as one of the most active... READ MORE
Finance sector employment outlook unhindered by RC
by Reporter • 9 Jan 2019
The employment outlook in the finance sector is set to “remain strong” despite backdrop of the financial services... READ MORE