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Breaking News
NAB to close Advantedge business
by Annie Kane • 11 Jun 2025
The major bank has announced that it will pull its major white label brand from market.
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Brokers reveal the new standard in broker-lender partnerships
by Annie Kane • 11 Jun 2025
While pricing and policy are still leading factors when recommending a lender to clients, brokers are increasingly...
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Banks plot broker bypass to reclaim market share: S&P
by Will Paige • 11 Jun 2025
In a bid to regain ground from brokers and reclaim mortgage market share, banks are investing in their proprietary...
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Finsure rolls out mental health initiatives for broker network
by Will Paige • 11 Jun 2025
Brokers can speak to a workplace psychology professional and attend webinars on common challenges facing the...
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Clive Kirkpatrick becomes managing director of new aggregator
by Annie Kane • 10 Jun 2025
The new aggregation group has appointed its first managing director as it ramps up for its official launch into...
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Purple Circle appoints CEO
by Will Paige • 10 Jun 2025
The boutique mortgage aggregator has appointed one of its directors to head up the business.
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Open banking still not widely adopted by brokers: NextGen
by Annie Kane • 10 Jun 2025
Open banking tools are being underutilised by brokers, but those who are adopting them are finding significant time...
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LMG adds Moneytech to lender panel
by Will Paige • 10 Jun 2025
The major aggregator has added to its lender panel in response to growing demand for SME finance options.
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ScotPac prices asset-backed securitisation at $250m
by Will Paige • 10 Jun 2025
The non-bank lender’s second ABS issuance has drawn a range of investors and will enable it to accelerate its...
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‘Transition year’ for housing as rate cuts lift market
by Will Paige • 10 Jun 2025
The rate easing cycle has so far led to a tempered response from the housing market, but buyer sentiment could shift...
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Finance leaders recognised in King’s Birthday Honours List
by Annie Kane • 9 Jun 2025
Several prominent individuals from Australia’s finance sector, including former bank CEO Marnie Baker, have been...
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Resolve Finance secures partnership with Creation Homes
by Will Paige • 9 Jun 2025
The brokerage has revealed a new partnership with construction firm Creation Homes as it targets growth in South-East...
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Greens name new housing spokesperson
by Ben Squires • 9 Jun 2025
The political party has a new housing spokesperson, replacing Max Chandler-Mather.
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Judo to evolve broker proposition, expand products
by Annie Kane • 6 Jun 2025
Finance brokers using the SME bank will soon see a new offering, as part of a reboot.
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Interest rate cut sparks rise in scam risk, ANZ warns
by Will Paige • 6 Jun 2025
The interest rate easing cycle has led to a heightened risk of scams, according to ANZ.
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Msquared Capital nails down $150m warehouse facility
by Will Paige • 6 Jun 2025
The new facility will help the company meet rising demand for different lending options.
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Brokers increasingly delegating and outsourcing loan processing
by Annie Kane • 5 Jun 2025
More than a quarter of brokers now outsource their loan processing, according to a new survey from NextGen.
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Cash crunch forcing SMEs to seek funding
by Will Paige • 5 Jun 2025
More small businesses are looking for funding amid growing cost flow pressures, according to Prospa.
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Private lending transparency under scrutiny in ASIC review
by Will Paige • 5 Jun 2025
The finance industry has warned that limited transparency in private lending is damaging confidence in the market and...
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RedZed launches tech trial targeting responsible lending
by Will Paige • 5 Jun 2025
The specialist lender is piloting a new tech platform that uses AI to support borrowers in fully understanding their...
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RAMS sued for systemic misconduct in home loans
by Annie Kane • 4 Jun 2025
The Westpac-owned subsidiary has agreed to civil penalty proceedings with the financial services regulator over alleged...
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Brokers using a smaller pool of lenders
by Annie Kane • 4 Jun 2025
The average number of lenders used by mortgage brokers fell to near-record lows in April 2025, new data from the Broker...
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Will AI diminish brokers’ value?
by Will Paige • 4 Jun 2025
Software industry leaders have outlined how AI will change the day-to-day work of brokers.
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RBA signals cautious stance in face of global uncertainty
by Will Paige • 3 Jun 2025
The latest RBA minutes show the central bank is favouring a cautious approach to interest rate policy amid heightened...
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Finance brokers urged to help SMEs navigate deduction changes
by Annie Kane • 3 Jun 2025
Taxpayers will not be able to claim tax deductions for ATO interest charges from next month, with brokers being urged...
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