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Brokers break quarterly record in lodgements

Brokers have recorded the largest-ever lodgement volume for a Q4, according to the latest AFG data.

Greater Western Sydney experiencing a ‘lending boom’

Greater Western Sydney (GWS) has seen a significant uptick in commercial lending over the year, with various factors ...

Lender rebrands, launches SME offering

A specialist selective invoice financer has announced a rebranding along with the addition of a “full-service offering” for ...

Banks with the wealthiest customers ranked

A recent report has detailed the “net wealth per capita” for the most popular banks in Australia.

Consumers expecting the worst as rate rise worries see abrupt increase

Poor economic confidence is pushing consumers to expect the worst with interest rate rise fears climbing significantly in ...

Does open banking have a future in broking?

Open banking is a great way for borrowers to share financial data, which brokers can use to their advantage. However, some ...

Minister and industry hold ‘groundbreaking’ clawback meeting

The Assistant Treasurer has met with the broking industry association to discuss further action around the subject of “unfair ...

ASIC wins first DDO case against non-bank lender

The Federal Court has ruled in favour of the regulator, finding that a non-bank lender has breached the new design and ...

‘The average new loan size has hit a new record high’

Despite a 12-year high RBA cash rate, on average, Aussie borrowers are taking out larger mortgages than ever before.

Diñeiro reveals consent flow solution

The fintech has released a “game-changing” solution for brokers within its open banking platform.

Non-bank lender CEO departs role

The CEO of a non-bank lender has resigned, with an interim CEO taking his place.

Changes to legislation set forth ANZ-Suncorp merger

The upcoming ANZ-Suncorp merger has been given a date following the proclamation of Queensland legislation.

Mortgage demand dips in May

The value of new housing loans has fallen after three months of positive growth.

‘Housing affordability to worsen’ as industry confidence drops

A recent Property Council of Australia release has claimed that due to a cocktail of influences, housing affordability across ...

SMEs to receive $50m boost for green equipment

The Albanese government has announced support for small businesses to access cheaper financing for energy-efficient equipment

Government embarks on ‘new era’ of housing reforms

The Albanese government has announced the release of 50,000 new places for the 2024–25 financial year under the Home ...

How would another rate rise impact the housing market?

An increase to the cash rate could slow demand in a housing market that’s already showing signs of cooling.

Digital specialist bank appoints chief technology & operations officer

Heartland Bank has announced Vaughan Dixon to the role.

RBA steadfast in inflation forecast despite upside risks

The central bank has maintained its resolve that inflation would reach its target within a reasonable time frame, the minutes ...

Asset finance brokerage launches partnership program

Bell Partners Finance has announced an asset finance referrer partnership program.

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