Broker News
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ME Bank sees subdued home loan growthLender says outflows a result of "ultra-low rates and large cash-backs" from some competitors
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Aggregator posts record loan settlementsAugust settlements exceed previous record month, COO reveals
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Exec issues warning about "rogue private lenders"Unregulated providers have always been riskier, but post-pandemic, they must be assessed with caution and diligence
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New industry association launches for finance and mortgage brokersGroup makes clear it's not competing with MFAA and FBAA, but rather offering complementary support
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Financier found to have illegally provided high cost credit to consumersThe Federal Court of Australia says group’s director had his “eyes tightly closed” to his obligations under the Credit Act
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Newcastle Permanent details its approach to deferral check-inCEO's insight comes as APRA data reveals loans that exited deferral outweighed new or extended deferrals for first time in July
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Aussie small businesses "need to be allowed to fail"By sustaining companies with no future, government is wasting taxpayer money "kicking the can down the road" says CEO
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New home loan commitments soared in JulyABS data reveals near 9% increase from June, with OO commitments showing largest month-on-month rise in history of series
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86 400 welcomed onto another aggregator's panelThis is the neobank's sixth broker partnership since launching home loans in November of last year
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Jacaranda Finance moves into prime lending spaceSix years on from launching, CEO says expansion is a natural progression as the company “grows up”
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Senate makes 32 recommendations for fintechSector has welcomed input, praising the "constructive dialogue" and "collaborative approach" taken
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Wisr expands into new territoryGroup has launched second major product into market – one which already nabbed awards in its pilot phase
Top News
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Profit taking Bitcoin miners won’t stop the next bull run: On-chain analystBitcoin miners sold substantial amounts of BTC throughout the past two months, but on-chain analysts believe it won’t stop the next bull run.
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Emmy Awards 2020: Winners in key categoriesHBO's "Watchmen" "led the way with a total of 11 wins, including the prize for best limited series.
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Emmys 2020: Schitt’s Creek sweeps comedy categories, Succession and Watchmen score four wins each, and more talking points<p>‘Schitt’s Creek’ won a historic seven trophies in a row</p>
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Schitts Creek and Succession sweep up at Emmys as Paul Mescal loses out<p>Socially distanced awards were hosted by Jimmy Kimmel</p>
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ME Bank sees subdued home loan growthLender says outflows a result of "ultra-low rates and large cash-backs" from some competitors
