Breaking News
Metro Finance raises $600m in ABS transaction
by Ben Squires • 8 Oct 2024
The non-bank lender’s latest asset-backed security transaction has reportedly seen strong demand from first-time...READ MORE
Major bank sets out cyber advice for brokers
by Ben Squires • 8 Oct 2024
The big four bank has shared several best practice tips to help brokers protect their businesses and clients.
READ MORESolomons Capital appoints new director
by Ben Squires • 7 Oct 2024
The new director will oversee credit risk strategy, lending operations, and compliance frameworks at the private... READ MORE
ANZ settles car loan class action for $85m
by Annie Kane • 4 Oct 2024
The big four bank has agreed to settle its Esanda class action brought against it in 2020 for $85 million.
READ MOREBrokers respond to Senate home ownership inquiry
by Reporter • 4 Oct 2024
Several brokerages have answered senator Andrew Bragg’s call for recommendations to improve home ownership and... READ MORE
Help to Buy legislation set for parliamentary return
by Juliet Helmke • 4 Oct 2024
The Help to Buy legislation is set to be reintroduced to Parliament next week, raising the prospects of a double... READ MORE
Hot Property: The biggest property headlines from the week 30...
by Reporter • 4 Oct 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 4... READ MORE
Resimac buys car loan book from major bank
by Annie Kane • 3 Oct 2024
A transaction valued up to $1.6 billion is being undertaken by the non-bank to acquire a car loan receivables and... READ MORE
James Symond reflects on the evolution of broking
by Annie Kane • 3 Oct 2024
The former Aussie CEO has highlighted how important broking is for competition, but said that success in this industry... READ MORE
MA Money bolsters broker support team
by Annie Kane • 3 Oct 2024
The non-bank lender has appointed a new national sales manager and appointed three new BDMs as it strengthens its... READ MORE
MFAA sets out 8 recommendations to Senate home ownership inquiry
by Annie Kane • 2 Oct 2024
The industry association has suggested government change financial regulation, simplify home ownership schemes,... READ MORE
LMG announces CEO changes
by Annie Kane • 2 Oct 2024
One of Australia’s largest aggregators has shaken up its leadership structure, with two new CEO positions being... READ MORE
Experian completes $820m acquisition of illion
by Ben Squires • 2 Oct 2024
The merger of two major credit reporting services has completed, after the ACCC green-lit the move in August.
READ MOREHow to cultivate strategic alliances in the workplace
by Malavika Santhebennur • 2 Oct 2024
A financial adviser has outlined how forming relationships in the workplace could help women progress in their... READ MORE
Government extends responsible lending exemption for SME finance
by Annie Kane • 1 Oct 2024
The Albanese government has extended the RLO exemption for business finance for another two years.
READ MORENew head of broker appointed at Suncorp
by Annie Kane • 1 Oct 2024
Suncorp Bank – now part of the ANZ Group – today welcomed a new head of broker... READ MORE
Brokers help drive growth for Great Southern Bank
by Annie Kane • 1 Oct 2024
The mutual lender has revealed that growing broker flows helped it deliver strong settlement growth in the financial... READ MORE
Submissions open for Top 25 Brokerages 2025
by Reporter • 1 Oct 2024
The Adviser is calling for submissions from brokerages across Australia for the Top 25 Brokerages 2025.
READ MORESimplicity appoints senior sales director in Qld
by Reporter • 1 Oct 2024
The commercial brokerage is set to welcome a former Thinktank sales executive to its team as a senior sales director in... READ MORE
Non-majors targeting origination and assessment tech
by Annie Kane • 30 Sep 2024
ANALYSIS Brokers will soon experience faster and more consistent turnarounds from the non-major banks, as a tidal wave... READ MORE
Household credit demand hits new record
by Annie Kane • 30 Sep 2024
A record $57.5 billion of credit was borrowed by households in the June quarter, new statistics from the ABS have... READ MORE
Over 1/3 of suburbs now have a median price point over $1m
by Sebastian Holloman • 30 Sep 2024
Australia’s million-dollar club is the biggest it’s ever been, with a number of new suburbs recently added to the... READ MORE
Negative gearing removal would be ‘playing with fire’, warn...
by Annie Kane • 27 Sep 2024
As negative gearing becomes political football once again, brokers have warned how removing the tax incentive would... READ MORE
AFG reflects on 30 years of broking
by Annie Kane • 27 Sep 2024
Australian Finance Group has marked its 30th anniversary, reflecting on the success and swell of the industry over the... READ MORE
Hot Property: The biggest property headlines from the week 23–27...
by Annie Kane • 27 Sep 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 27... READ MORE
REA Group to buy share in non-bank lender
by Annie Kane • 26 Sep 2024
The REA Group has agreed to acquire a 19.9 per cent interest in non-bank lender Athena Home Loans.
READ MORESubmissions open for Better Business Awards 2025
by Arabella Walton • 26 Sep 2024
Nominations and submissions are now open for the 12th annual Better Business Awards, run in collaboration with... READ MORE
CPI now within RBA target band
by Annie Kane • 25 Sep 2024
New figures have revealed that inflation is now within the RBA’s 2–3 per cent target band, with energy rebates... READ MORE
ASIC begins cancelling credit licences following CSLR payments
by Annie Kane • 25 Sep 2024
The financial services regulator has, for the first time, cancelled credit licences of companies following the payment... READ MORE
Should APRA have a set arrears target?
by Annie Kane • 25 Sep 2024
A submission to the Senate’s home ownership inquiry has said APRA should have a 2–3 per cent target for home loan... READ MORE

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