opinion opinion opinion news
AFCA extends pre-expulsion appeal deadline
by Annie Kane • 12 Nov 2021
Brokers will have an extra week to appeal their pre-expulsion notice or resolve their accounts before formal action is...READ MORE
Brokers face $1.3m rise in ASIC levies
by Sarah Simpkins • 12 Nov 2021
ASIC has estimated it will recover $8.1 million in costs through industry levies from the credit intermediary sector,... READ MORE
Hot Property: The biggest property headlines from the week 8-12...
by Malavika Santhebennur • 12 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 12... READ MORE
NAB nods to brokers in business bank strategy
by Sarah Simpkins • 11 Nov 2021
Brokers are playing a growing role in business lending, NAB’s boss has said, as the bank has decided to target the... READ MORE
Suncorp business lending slips
by Sarah Simpkins • 11 Nov 2021
Business lending at the non-major bank dipped by $60 million in the September quarter, a 0.5 per cent decline from the... READ MORE
Mentoring ‘critical’ to asset finance brokers: Finstead
by Sarah Simpkins • 10 Nov 2021
A brokerage director has said mentorship is key for brokers moving into asset finance, although it remains... READ MORE
Home-buying spending intentions fall: CBA
by Annie Kane • 10 Nov 2021
While home-buying sentiment remains high, home-buying spending intentions are falling, according to a new report from... READ MORE
NSW Premier presses on with stamp duty scrap
by Juliet Helmke • 9 Nov 2021
NSW Premier Dominic Perrottet has insisted he will continue to chip away at stamp duty, despite the state Treasurer... READ MORE
When coming of age is a curly beast
by Annie Kane • 8 Nov 2021
As women, we’re conditioned – and categorised, constantly. While it’s no different for men, for us, the effects... READ MORE
Deadline for AFCA expulsion appeals looms
by Annie Kane • 8 Nov 2021
Brokers seeking to appeal their AFCA pre-expulsion notices will need to do so by Wednesday afternoon (10 November) or... READ MORE
SME Broker Bootcamp a blueprint for branching out
by Malavika Santhebennur • 8 Nov 2021
The event – which is to be held in person in 2022 and is open for registrations – will provide a pathway for... READ MORE
ScotPac launches $100m SME fund
by Sarah Simpkins • 8 Nov 2021
The business lender has kicked off a $100 million working capital fund, marketed as helping Australian and New Zealand... READ MORE
Beyond Bank eyes expanded broker reach with merger
by Sarah Simpkins • 5 Nov 2021
Beyond Bank has outlined a broker growth strategy in regional Victoria and South Australia, which could unfold under... READ MORE
Hot Property: The biggest property headlines from the week 1-5...
by Malavika Santhebennur • 5 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 5... READ MORE
Plenti flags broker roll-out for legal fees loan
by Sarah Simpkins • 4 Nov 2021
The lender is set to pilot a specialised legal loan product among aggregators in the coming months.
READ MOREJudo debuts on ASX
by Sarah Simpkins • 3 Nov 2021
Judo Bank has commenced trading on the ASX, reportedly becoming the first bank to list in 25 years.
READ MOREVolt Bank becomes latest CDR data recipient
by Annie Kane • 3 Nov 2021
The neobank has become an accredited data recipient under the Consumer Data Right, the sixth bank to gain approval... READ MORE
N1H extends SME lending capacity again
by Annie Kane • 3 Nov 2021
Business, financial and property services firm N1 Holdings has expanded its SME lending capacity to $90... READ MORE
RBA calls November cash rate
by Sarah Simpkins • 2 Nov 2021
The Reserve Bank has confirmed its rate decision for November, as talk of a faster-than-expected rise has fired... READ MORE
Owner-occupier lending falls for 4th month: ABS
by Sarah Simpkins • 2 Nov 2021
The value of new home loans fell by 1.4 per cent in September, dragged mostly by a 2.7 per cent drop in the... READ MORE
Westpac admits to lagging broker turnarounds
by Sarah Simpkins • 2 Nov 2021
The big four bank has ramped up automation, in a bid to rectify broker loan assessment times that dragged behind its... READ MORE
Teachers Mutual targets brokers as merger wraps
by Malavika Santhebennur • 2 Nov 2021
The mutual bank has outlined how brokers would help reach customers in areas without the same bricks-and-mortar... READ MORE
ASIC slaps Ferratum Australia with lawsuit
by Sarah Simpkins • 1 Nov 2021
The regulator has commenced a civil lawsuit against the personal lender, for allegedly hitting customers with... READ MORE
Government introduces compensation scheme legislation
by Malavika Santhebennur • 1 Nov 2021
The government has introduced legislation that represents the final tranche to implement recommendations made by the... READ MORE
How our future generation of mortgage brokers can contribute to the...
by Annie Kane • 1 Nov 2021
We need to see more businesses, start-ups and entrepreneurs embedding purpose in their business, writes Nancy... READ MORE
Major bank pleads guilty for mis-selling credit insurance
by Malavika Santhebennur • 29 Oct 2021
A major bank has pleaded guilty to several criminal charges of making false or misleading representations to 165... READ MORE
‘We take too long’: ANZ manual systems drag turnarounds
by Sarah Simpkins • 29 Oct 2021
ANZ boss Shayne Elliott has conceded the bank has struggled to process a mass of home loan applications, as it works to... READ MORE
Steady cash rate driving borrower complacency
by Malavika Santhebennur • 29 Oct 2021
Analysis by Aussie has shown that many mortgage holders are not interested or do not know if they want to refinance... READ MORE
Hot Property: The biggest property headlines from the week 25-29...
by Malavika Santhebennur • 29 Oct 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 29... READ MORE
Brokers will dictate future of Choice, FAST, PLAN: White
by Sarah Simpkins • 28 Oct 2021
After its management restructure, Loan Market Group will continue to consult with brokers to decide the fate of the... READ MORE

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