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Big bank turnarounds hit record speeds: Broker Pulse
by Will Paige • 24 Feb 2025
The time it took for larger banks to reach an initial credit decision on broker applications hit a new record in... READ MORE

Quickli rolls out white label tech for broker websites

by Will Paige • 24 Feb 2025
The mortgage serviceability fintech has launched five new, white label widgets for broker websites to help brokers... READ MORE

Majors urged to ‘reconsider’ their ‘troubling’ banker bonuses
by Annie Kane • 21 Feb 2025
A parliamentary review of the big four banks has urged the majors to ‘reconsider’ high sales bonuses paid to stop... READ MORE

CBA updates broker tier offering
by Annie Kane • 21 Feb 2025
The major bank has tweaked its broker tiering system to better reflect the needs of its Platinum, Elite, and Essential... READ MORE

Lendela names new CFO and CTO amid Australia expansion push
by Will Paige • 21 Feb 2025
The lending fintech has announced two major executive leadership appointments amid a push to expand in Australia. READ MORE

Connective promotes exec to head of commercial and asset finance

by Will Paige • 21 Feb 2025
The aggregator has expanded the leadership role of its asset finance division’s head. READ MORE

Hot Property: The biggest property headlines from the week 17–21...
by Ben Squires • 21 Feb 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 21... READ MORE

Coalition pledges to reform lending
by Annie Kane • 20 Feb 2025
The Coalition would reform prudential settings, including by adjusting serviceability requirements and expanding... READ MORE

APRA seeking feedback on student debt repayment reforms
by Will Paige • 20 Feb 2025
The regulator has written to banks for feedback on proposed changes to student debt repayments. READ MORE

Broking industry tells NSW Parliament why payroll tax should be...
by Annie Kane • 20 Feb 2025
Broker associations and aggregators have responded to the NSW Parliament’s review of payroll tax, urging the... READ MORE

Judo Bank reports record new lending
by Ben Squires • 20 Feb 2025
The SME challenger bank has reconfirmed its FY25 profit guidance after reporting a record $2.3 billion in new lending. READ MORE

Bendigo and Adelaide Bank reports strong first-half residential...
by Will Paige • 20 Feb 2025
The non-major saw strong growth in its residential loan book in 1H25, achieving its biggest increase in six halves. READ MORE

Brokers must adjust to growing financial strain on borrowers
by Will Paige • 20 Feb 2025
Rising levels of financial stress are changing the role of brokers, according to research from Wisr. READ MORE

Finsure expands broker support operations
by Ben Squires • 20 Feb 2025
The aggregation group’s global expansion has been designed to provide extra support for its growing broker network. READ MORE

Newly merged banking group announces new leaders
by Annie Kane • 19 Feb 2025
A new management team has been unveiled as the merger of MyState Bank and Auswide Bank officially completes. READ MORE

Expected surge in refinancings could unlock broker opportunities
by Will Paige • 19 Feb 2025
More than half of mortgagors plan to refinance in the next two years to take advantage of rate cuts, according to FBAA... READ MORE

Lenders confirm they will pass through rate cuts
by Annie Kane • 18 Feb 2025
Major banks and several other lenders have already announced that they will pass through the full 25-bp rate cut to... READ MORE

RBA cuts cash rate for first time in 4 years
by Will Paige • 18 Feb 2025
The central bank has revealed in its first meeting of the year that it will drop the cash rate for the first time since... READ MORE

Majority of mortgagors won’t change repayment amounts
by Annie Kane • 18 Feb 2025
More than two-thirds of borrowers intend to maintain their current repayment amounts even as interest rates drop. READ MORE

Bank reveals which rates would trigger ‘considerable’ home buying
by Annie Kane • 18 Feb 2025
Great Southern Bank has plotted the critical interest rates at which more buyers will begin looking in earnest at... READ MORE

Lenders tipping rate cut at today’s RBA meeting
by Ben Squires • 18 Feb 2025
Market consensus has the RBA delivering its first interest rate cut since November 2020 today, but some economists... READ MORE

Westpac offers multiple offsets, tweaks rates as competition rises
by Annie Kane • 18 Feb 2025
Borrowers can now access up to 10 offset accounts and tweaked rates at Westpac, as the major bank chases growth in an... READ MORE

Prime Capital launches ‘jumbo’ business loan
by Annie Kane • 18 Feb 2025
Businesses can now borrow up to $25 million in business finance from the non-bank, as the lender identifies... READ MORE

Industry split over government ban on foreign buyers of existing homes
by Will Paige • 17 Feb 2025
Politicians and brokers are divided on whether the Albanese government’s two-year ban on foreign investors buying... READ MORE

AMP Bank book shrank in FY24 but broker flows growing
by Annie Kane • 17 Feb 2025
While the non-major’s loan book shrank in the financial year 2024, its mortgage book returned to growth in the second... READ MORE