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Breaking News
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...
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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...
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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...
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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...
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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 –...
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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.
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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...
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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...
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Hot Property: The biggest property headlines from the week 13–17...
by Ben Squires • 17 Jan 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 17...
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New CEO appointed at ASIC
by Annie Kane • 16 Jan 2025
The current CEO of the ACCC will take on the CEO position at the financial services regulator in March.
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Brokers need to brace for major changes to Facebook ad verification
by Will Paige • 16 Jan 2025
To run adverts about mortgages or loans on Facebook in Australia, Meta will require organisations to complete...
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Mortgage stress mounts amid prolonged wait for rate relief
by Will Paige • 16 Jan 2025
Mortgage stress is on the rise as the extended wait for interest rate cuts impacts borrowers.
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Renewed confidence pushes spending up for mortgage holders
by Will Paige • 16 Jan 2025
Mortgage holders have increased spending more than those who own their home outright, in a possible sign that financial...
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Westpac appoints new head of broker
by Annie Kane • 15 Jan 2025
A major bank has announced it will welcome a new head of broker distribution next month, as the incumbent moves into a...
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Branding gains new significance as broker numbers swell
by Will Paige • 15 Jan 2025
With more mortgage brokers than ever before writing a record share of home loans, branding has never been more...
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Expected rate cuts lift housing sentiment
by Will Paige • 15 Jan 2025
Consumer sentiment towards housing improved in January, driven by growing optimism about potential mortgage rate cuts,...
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‘Restoring the dream of home ownership’: Coalition pledges $50k...
by Emilie Lauer • 15 Jan 2025
The Coalition has pledged to allow first home buyers to access their super early to help fund their home ownership...
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CBA announces new GM of third-party banking
by Annie Kane • 14 Jan 2025
The major bank has announced that it has appointed a new GM of third-party banking, effective from 3 March 2025.
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Taiwanese bank granted foreign ADI licence
by Will Paige • 14 Jan 2025
An Asian bank has received a banking licence allowing it to provide services to wholesale clients in Australia and set...
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In Memoriam: Frank Cicutto 1950–2024
by Annie Kane • 14 Jan 2025
A former CEO of National Australia Bank, Franco (Frank) Cicutto, has passed away at the age of 74.
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National campaign launches to combat scammer threat
by Will Paige • 14 Jan 2025
A new federal government initiative has been launched to better educate the public on detecting and protecting against...
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Is insurance the next big challenge for home owners?
by Annie Kane • 13 Jan 2025
OPINION As wildfires devastate Los Angeles leaving an insurance bill in the tens of billions of dollars, could the...
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Unmanageable tax debts force closure of more than 1,700 businesses
by Will Paige • 13 Jan 2025
More than a third of private businesses with tax debt defaults of $100,000 or more have closed in the past year,...
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Wallabies rugby legend named deputy CEO at non-bank lender
by Will Paige • 13 Jan 2025
Rugby World Cup winner David Giffin has been named deputy CEO at a property debt fund.
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ANZ brings forward rate cut call to February
by Annie Kane • 10 Jan 2025
The big four bank has revised its cash rate call, bringing forward the first rate cut to next month.
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