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Treasurer gives go-ahead for MyState-Auswide Bank merger
by Annie Kane • 28 Jan 2025
Two non-major banks are on track to merge next month, after the federal Treasurer approved their proposed merger... READ MORE

AFG senior sales leader David Vizza becomes a broker
by Will Paige and Annie Kane • 28 Jan 2025
The former AFG sales manager is stepping out of aggregation to become a broker director at his brother and cousin’s... READ MORE

Former bank boss named in Australia Day Honours List
by Will Paige • 28 Jan 2025
Several members of the finance industry, including a former bank CEO, have been recognised in the Australia Day 2025... READ MORE

Firstmac fined $8m for failing to meet DDOs
by Annie Kane • 24 Jan 2025
The Federal Court has ordered the non-bank to pay $8 million in penalties for failing to meet its design and... READ MORE

Flint reveals new ownership structure
by Annie Kane • 24 Jan 2025
Sydney-based brokerage Flint has reshaped its ownership structure and leadership team following a merger with another... READ MORE

Don’t expect surge in home values after rate cuts: CoreLogic

by Will Paige • 24 Jan 2025
While interest rates are expected to drop this year, the rate-cutting cycle may have minimal impact on home values and... READ MORE

Government announces major investments in housing supply and green...
by Will Paige • 24 Jan 2025
The Albanese government has revealed that it will make significant investments aimed at increasing housing supply and... READ MORE

AFG welcomes new NSW partnerships manager
by Annie Kane • 24 Jan 2025
A business lending specialist has joined aggregation AFG as its new partnerships manager for NSW. READ MORE

Hot Property: The biggest property headlines from the week 20–24...
by Ben Squires • 24 Jan 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 24... READ MORE

Satisfaction with credit assessors at record high: Broker Pulse
by Annie Kane • 23 Jan 2025
Credit assessors earned their highest satisfaction score from brokers in December, according to a new survey. READ MORE

Investor lodgements hit 8-year high: AFG
by Ben Squires • 23 Jan 2025
Almost a third of all mortgages lodged by AFG brokers in the second quarter of the financial year 2025 were for... READ MORE

Heritage Bank stops taking new customer applications
by Will Paige • 23 Jan 2025
Brokers can no longer apply for new Heritage Bank home loans, as People First Bank retires the brand and transitions to... READ MORE

New home builds rise, but housing target remains elusive
by Will Paige • 23 Jan 2025
The number of dwelling commencements rose in the September quarter, but figures remain stubbornly below ambitious... READ MORE

Lenders begin reducing fixed rates ahead of RBA meeting
by Annie Kane • 22 Jan 2025
Macquarie Bank has reduced its one- to three-year fixed-rate mortgages by up to 0.16 percentage points, as lenders... READ MORE

Brokers report rise in reverse mortgage demand
by Annie Kane • 22 Jan 2025
More Australians are turning to reverse mortgages to ease income pressures in older age, according to brokers. READ MORE

AFG brokers lodging record volumes
by Ben Squires • 22 Jan 2025
Brokers aggregating under AFG have set new quarterly and half-year lodgement records in the first half of the financial... READ MORE

Home Guarantee Scheme passes 200k milestone
by Ben Squires • 21 Jan 2025
The federal government’s scheme has reportedly supported more than 200,000 eligible buyers, according to Housing... READ MORE

Government-backed lender increases price limits
by Annie Kane • 21 Jan 2025
Expanded property price and income limits have been introduced by Western Australian government-owned home lender... READ MORE

Melbourne poised for a recovery in 2025, valuer predicts
by Emilie Lauer • 21 Jan 2025
With the upcoming federal election, the Australian property market is said to be at a “crossroads” in 2025, with... READ MORE

AFG takes minority stakes in 2 brokerages
by Annie Kane • 20 Jan 2025
The ASX-listed aggregator has taken minority holdings in two brokerages as part of its first investments in member... READ MORE

BCCC sanctions BOQ for charging accounts of dead customers
by Ben Squires • 20 Jan 2025
The non-major bank has been sanctioned after the BCCC found “serious and systemic” breaches of the Banking Code of... READ MORE

Victorian property tax to hit homes, farmers, and businesses
by Reporter • 20 Jan 2025
Yet another increasing tax in Victoria will only further incentivise investors – and particularly SMSF trustees –... READ MORE

Mal Withers joins equipment leasing company Selfco
by Annie Kane • 17 Jan 2025
Auswide Bank’s newly acquired asset finance company has appointed Malcolm Withers to lead its broker relationships. READ MORE

LMG expands asset finance team

by Annie Kane • 17 Jan 2025
The aggregator has welcomed a new head of asset finance and additional team support to bolster its broker support... READ MORE

Social media sensation to deliver video masterclass to brokers at...
by Arabella Walton • 17 Jan 2025
Brokers will be shown how to unlock the secrets to social media success in an exclusive video masterclass with social... READ MORE