Breaking News
NSW and Qld look to recommence interoperability despite ‘pause’
by Annie Kane • 16 Jul 2024
The land registries in Queensland and NSW have committed to continuing the progression of interoperability despite...READ MORE
Banks to refund $28m to low-income customers
by Charlotte Humphrys • 15 Jul 2024
Four banks have had to pay up following an investigation by ASIC regarding their conduct towards low-income... READ MORE
Is the broking industry missing millions in unpaid commissions?
by Annie Kane • 15 Jul 2024
ANALYSIS The complexity and opacity of commission payments are leaving brokers out of pocket, with one broker having... READ MORE
FBAA membership growth surges
by Charlotte Humphrys • 15 Jul 2024
The association has recorded its largest annual increase in memberships in recent years.
READ MOREASIC reduces broker levy after questions raised
by Annie Kane • 12 Jul 2024
A reduced minimum levy has been confirmed for credit intermediaries after an industry member flagged inconsistencies... READ MORE
Huge scope for brokers to assess their client values: Report
by Malavika Santhebennur • 12 Jul 2024
EXCLUSIVE There is a significant opportunity for brokers to build lasting relationships with clients by gauging their... READ MORE
Investor demand at 7-year high: AFG
by Ben Squires • 12 Jul 2024
Nearly a third of mortgages lodged by AFG brokers in Q4 were for investor loans, marking a seven-year high, according... READ MORE
3/4 of FHBs saving less than 20% deposit: Helia
by Charlotte Humphrys • 12 Jul 2024
First home buyers have continued to purchase property with broker support even as they struggle to save for a deposit,... READ MORE
Hot Property: The biggest property headlines from week 8–12 July
by Annie Kane • 12 Jul 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 12... READ MORE
New leader appointed for asset finance aggregator
by Annie Kane • 11 Jul 2024
AFG has announced the appointment of a general manager for the Fintelligence group of companies.
READ MOREBroking industry unpacks the payroll tax case
by Annie Kane • 11 Jul 2024
EXCLUSIVE While the industry continues to challenge payroll tax interpretations, calls are being made to the entire... READ MORE
AFG brokers close EOFY with record lodgements
by Charlotte Humphrys • 11 Jul 2024
Total lodgement volumes at the aggregator reached record highs for Q4 of the financial year, as the average loan size... READ MORE
Momentum Media Australian AI Awards 2024 launches for the first time
by Malavika Santhebennur • 11 Jul 2024
Submissions and nominations have opened for the inaugural Momentum Media Australian AI Awards 2024, which champions the... READ MORE
Why brokers are turning to private lending
by Charlotte Humphrys • 11 Jul 2024
Private credit has seen a significant boom, according to new research, with brokers revealing why they use private... READ MORE
FHBs help brokerage achieve record volumes in FY24
by Charlotte Humphrys • 10 Jul 2024
First home buyers have propelled loan volumes at the franchise brokerage, with brokers revealing that government... READ MORE
Financial Services Minister meets industry about clawbacks
by Annie Kane • 9 Jul 2024
The Assistant Treasurer and Financial Services Minister Stephen Jones MP has met with members of the broking industry... READ MORE
ANZ-Suncorp merger date set
by Charlotte Humphrys • 9 Jul 2024
Following the proclamation of the updated Metway Merger Act, ANZ has set a date for its acquisition of... READ MORE
Resimac CEO resigns, interim CEO appointed
by Annie Kane • 9 Jul 2024
Scott McWilliam, the CEO of Resimac, has resigned from the lender after 21 years of service, with an interim CEO now... READ MORE
Brokers reveal why investor lending is the new growth market
by Charlotte Humphrys • 9 Jul 2024
With investor lending having grown 30 per cent in a year, brokers have suggested that borrowing capacity constraints... READ MORE
4 more aggregators switch on Bendigo loans
by Annie Kane • 9 Jul 2024
Bendigo Bank has joined the lender panel of four aggregation groups, as the group continues its transition away from... READ MORE
Viking bolsters resi and commercial teams ahead of expansion
by Annie Kane • 9 Jul 2024
The aggregator has hired two new regional managers as it ramps up preparations for its launch into residential and... READ MORE
Industry to pay $3.11m in ASIC levies for FY24
by Annie Kane • 8 Jul 2024
Credit intermediaries will pay $3.11 million in ASIC levies for FY24, a reduction of 27 per cent on FY23, according to... READ MORE
Lack of awareness of government grants holding back FHBs: Resolve
by Annie Kane • 8 Jul 2024
First home buyers may be missing out due to a lack of awareness of government assistance available to them, Resolve... READ MORE
Metro launches new green asset finance loan
by Ben Squires • 8 Jul 2024
Broker clients can now access discounts on standard finance rates to purchase green assets in a new line from the... READ MORE
PayPal used ‘unfair’ term in SME contracts, finds court
by Annie Kane • 8 Jul 2024
PayPal Australia used an “unfair term” in its standard form contracts with small-business customers, the Federal... READ MORE
SMEs to be paid faster as new legislation passes
by Annie Kane • 5 Jul 2024
Legislation to improve payment times for small businesses has passed the Parliament, in a move to ensure invoices are... READ MORE
Hot Property: The biggest property headlines from week 1–5 July
by Annie Kane • 5 Jul 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 5... READ MORE
ASIC slammed for inaction, Senate calls for reform
by Annie Kane • 4 Jul 2024
The financial services regulator “has failed” according to a Senate inquiry, with major reforms put forward to... READ MORE
Broking fintechs slam ‘blatant ‘shut down’ campaign’ on open...
by Annie Kane • 4 Jul 2024
Calls from the banking industry to ‘go back to the drawing board’ on open banking are “a blatant ‘shut down’... READ MORE
Monthly rise in dwelling approvals below national housing target
by Annie Kane • 4 Jul 2024
ABS data shows a spike in dwelling approvals for May, but questions remain whether this will be enough to keep pace... READ MORE

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