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Final orders handed down in Loan Market payroll tax case
by Annie Kane • 6 Nov 2024
The aggregator’s protracted payroll tax case has reached a conclusion, with final orders being handed...READ MORE
Resimac’s Rodney Cottam runs 560km in 7 days
by Annie Kane • 6 Nov 2024
Resimac’s regional sales manager has completed a 560-kilometre run in seven days, pushing his limits and raising... READ MORE
Transparent promotion frameworks vital in financial services
by Malavika Santhebennur • 6 Nov 2024
A global investment management firm executive has called for standardised promotion policies to close the “gendered... READ MORE
Bizcap expands into Singapore
by Annie Kane • 6 Nov 2024
The SME lender has welcomed Joseph Lim as its new managing partner for Asia as it prepares to open its doors in... READ MORE
RBA still sees ‘upside risks’ and ‘not ruling anything in or...
by Annie Kane • 5 Nov 2024
It’s been a year since the cash rate last moved, and while inflation is falling, the central bank has warned it still... READ MORE
RBA unlikely to cut the cash rate this year, say economists
by Annie Kane • 5 Nov 2024
The market expects the central bank to hold the cash rate today, despite inflation being within the RBA’s target... READ MORE
Westpac reveals increase in broker flows
by Ben Squires • 5 Nov 2024
The major has once again reported growth in the proportion of loans coming from the third-party channel.
READ MORE
AMP appoints first director for new digital bank
by Annie Kane • 5 Nov 2024
The bank has hired a leader for its new digital banking division, which will officially launch next year.
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Elders acquires agri brokerage
by Annie Kane • 5 Nov 2024
The agribusiness specialist has acquired a regional South Australian brokerage as it continues to grow its broker and... READ MORE
Broker numbers surpass 21k in Australia
by Annie Kane • 4 Nov 2024
New data has suggested that there are now a record 21,225 customer-facing brokers in Australia.
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Bank ‘greed’ on home loans called out
by Annie Kane • 4 Nov 2024
The FBAA has slammed banks for pursuing profit to the point of greed, after new data showed the majors make more than... READ MORE
Investor activity high amid dip in value of new housing loans
by Ben Squires • 4 Nov 2024
New home lending dipped in September for the first time since January 2024, but investor activity remained high,... READ MORE
Macquarie home loan book grows 9% in 6 months
by Ben Squires • 4 Nov 2024
The lender has revealed its home loan portfolio grew 9 per cent over the six months to September 2024.
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Treasury keen to engage with brokers: Stephen Jones
by Annie Kane • 1 Nov 2024
Assistant Treasurer Stephen Jones has told the FBAA conference that Treasury will continue to engage with brokers to... READ MORE
Commercial property sentiment remains negative
by Ben Squires • 1 Nov 2024
The latest index print has reflected softening business conditions and subdued economic growth.
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Non-bank lender welcomes new GM of sales
by Ben Squires • 1 Nov 2024
The lender has announced a newly created role designed to help drive growth and strengthen broker partnerships.
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Loan Market appoints new state director for NSW and ACT
by Ben Squires • 1 Nov 2024
The new appointment sees Loan Market strengthen its local leadership team in NSW and ACT with a “familiar... READ MORE
Assetline Capital expands product range
by Ben Squires • 1 Nov 2024
The new offerings come as part of a strategic move for the non-bank to establish itself as a full-service... READ MORE
Prospa unveils new quoting tool for brokers
by Ben Squires • 31 Oct 2024
The lender has unveiled a new tool that gives brokers the ability to provide on-the-spot quotes.... READ MORE
Final week to submit for Better Business Awards 2025
by Ben Squires • 31 Oct 2024
Nominations and submissions are closing soon for the 12th annual Better Business Awards, run in collaboration with... READ MORE
ASIC launches legal action against lender
by Reporter • 31 Oct 2024
The regulator has commenced proceedings against a private lender.
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Wisr records rise in loan originations
by Ben Squires • 31 Oct 2024
The fintech lender’s latest market update has revealed “significant” growth for the quarter ending 30 September... READ MORE
CPI returns to RBA target band
by Ben Squires • 30 Oct 2024
New CPI figures have shown inflation returning to the RBA’s target range for the first time since 2021.
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New loan volumes up 16% YOY
by Ben Squires • 30 Oct 2024
PEXA has revealed year-on-year increases in both residential and commercial new loan volumes for the September 2024... READ MORE
ASIC warns of potential AI ‘governance gap’
by Ben Squires • 30 Oct 2024
Nearly half of the licensees in ASIC’s review did not have AI policies in place that considered fairness,... READ MORE
Housing Australia approved almost $880m in AHBA loans in FY24
by Ben Squires • 30 Oct 2024
The national housing agency’s loans have supported the supply of more than 2,400 social and affordable homes across... READ MORE
Mutual bank partners with Mission Australia
by Ben Squires • 30 Oct 2024
Great Southern Bank has announced a partnership with the charity that will deliver energy and efficiency upgrades to... READ MORE
Qld and WA top SME growth forecasts: ScotPac
by Ben Squires • 29 Oct 2024
SMEs in the two states have surged to the top of national rankings for projected business growth.
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AFCA calls for industry response to rise in First Nations complaints
by Ben Squires • 29 Oct 2024
Complaints from Aboriginal and Torres Strait Islander peoples surged by 25 per cent in the past financial year,... READ MORE
Rise in demand for hybrid and EV loans from borrowers under 35
by Ben Squires • 29 Oct 2024
Data from a major bank has revealed a significant increase in the number of hybrid and EV new car loans for young... READ MORE
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