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Breaking News
Westpac NZ confirms end to trail commissions next year
by Will Paige • 17 Oct 2025
The bank will move to a single upfront commission structure in New Zealand from 1 June 2026.
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BOQ’s home lending shrinks amid intense competition
by Will Paige • 16 Oct 2025
The banking group grew commercial and asset finance lending during the year, but warned of a future squeeze on its...
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Building activity slips as housing targets fall further from reach
by Will Paige • 16 Oct 2025
The value of building work carried out on new housing fell over the quarter, new ABS figures have shown.
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Big banks hate competition, says FBAA head
by Will Paige • 16 Oct 2025
The head of the FBAA has hit back at major banks after claiming some have reduced support for the broker channel.
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Bluestone Home Loans appoints head of strategic partnerships
by Will Paige • 16 Oct 2025
The new hire has more than 20 years of experience across banks and non-bank lenders.
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ASIC warns of stronger focus on mortgage brokers
by Will Paige • 15 Oct 2025
The regulator has flagged a tougher stance on the conduct of mortgage brokers and aggregators.
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Prospa doubles small business loan limit to $1m
by Will Paige • 15 Oct 2025
The small business lender is targeting larger SMEs in response to increased demand for growth finance options.
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RBA signals cautious stance, says cash rate remains restrictive
by Will Paige • 15 Oct 2025
The central bank has characterised monetary policy as “still a little restrictive” in its latest meeting minutes.
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1 in 2 brokers have considered quitting
by Ben Squires • 15 Oct 2025
Job satisfaction remains high in the latest FBAA poll, but more than half of brokers admit they have thought about...
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Australia’s most prolific mortgage brokers revealed
by Reporter • 14 Oct 2025
The Adviser has revealed the most prolific mortgage brokers in the country with the release of its Elite Broker Ranking...
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Proposed open banking reforms spark industry backlash
by Will Paige • 14 Oct 2025
Proposed changes to open banking rules could create a two-tiered system that forces reliance on less secure...
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Matos outlines ANZ’s new strategy
by Will Paige • 13 Oct 2025
ANZ plans to grow the number of staff writing home loans.
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Mortgage broker market share climbs to record high
by Will Paige • 13 Oct 2025
Brokers wrote a record share of total mortgages in the June quarter, MFAA figures show.
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Expanded First Home Guarantee could lead to higher prices: RBA
by Ben Squires • 13 Oct 2025
The central bank’s governor has answered a number of questions on housing and inflation in an appearance before the...
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CBA named among world’s top 4 banks for AI
by Ben Squires • 13 Oct 2025
The major bank has been named among the top banks in the world for artificial intelligence maturity in 2025, according...
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CEFC reports record-breaking year
by Ben Squires • 13 Oct 2025
The government-owned ‘green’ bank has reported a record-breaking year as it continues to seek to shape new...
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MFAA and CAFBA meet to advance shared values
by Annie Kane • 10 Oct 2025
The boards of the MFAA and CAFBA have met to discuss the next phase of the associations’ strategic partnership...
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Major bank welcomes new senior leaders
by Annie Kane • 10 Oct 2025
ANZ has welcomed a new group executive for its Australian retail bank, as well as a new group CRO and group CIO.
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Former neobank CEO disqualified for a period of 8 years
by Annie Kane • 9 Oct 2025
The former CEO and a non-executive director of collapsed neobank Xinja Bank have become the first people to be...
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AFG takes minority stake in asset finance brokerage
by Ben Squires • 9 Oct 2025
The ASX-listed aggregator has taken a minority equity position in a Brisbane-based asset finance brokerage, as it...
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Connective rebrands white label portfolio
by Ben Squires • 9 Oct 2025
The major aggregator has confirmed that Connective Home Loans will now fall under a new brand identity.
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Pallas Capital welcomes 2 senior appointments
by Reporter • 9 Oct 2025
The private lender has welcomed a new director of origination and senior business development and aggregator...
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Pepper Money launches 90% LVR SMSF Loan with no LMI
by Reporter • 9 Oct 2025
The non-bank is now offering full-doc SMSF residential loans of up to $1 million with a loan-to-value ratio of 90 per...
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Former lender CEO joins PEXA
by Annie Kane • 8 Oct 2025
The former MoneyPlace CEO has joined PEXA as its new chief customer and commercial officer, alongside several other...
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People First Bank grows loan book to over $21bn
by Annie Kane • 8 Oct 2025
The banking group has seen its book grow to over $21 billion, noting its lending upgrades are helping it accelerate...
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