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Mortgage Choice and parent company REA Group have capped off a strong financial year, with the broker group delivering double-digit settlement growth while deepening its investment in AI.

Non-bank lender RedZed has launched a streamlined refinance process for SMSF loans, as lenders reposition ahead of the federal government’s ban on new residential SMSF lending.

New products, partnerships, and policy changes have come to market this week. Here’s a round-up of the key updates brokers should be aware of.

Mortgage and finance brokers have been left in limbo and unable to access client data as CRM platform Mystro goes dark.

Five emerging forces are exposing the limits of Australia’s traditional approach to agricultural lending, a new report has found.

Newcastle Permanent has launched a new loan partnership with home builder McDonald Jones Homes, offering discounted rates on eligible properties in the Hunter Region.

Gensure has become the first insurer appointed to the COG Aggregation panel, giving almost 2,000 asset finance brokers access to its fixed multi-year equipment insurance product.

A senior UK banking executive has been appointed as Bendigo Bank’s new chief customer officer.

Household Capital has completed the acquisition of Macquarie Bank’s reverse mortgage book, as specialist lenders continue to secure a slice of a growing equity release market.

SMEs will have greater access to discounted finance for energy-efficient equipment after ANZ and the Clean Energy Finance Corporation injected another $150 million into their joint finance ...

Growing signs of a residential market slowdown have prompted more mortgage brokers to consider commercial lending, according to one specialist training provider.

Australian Finance Group has appointed a senior Azure Capital partner to its board as an independent non-executive director.

Australia’s banks recorded their strongest month for business lending since the onset of the COVID-19 pandemic, adding almost $20 billion in June.

A new platform promising to cut loan application preparation time from hours to under 10 minutes has launched to the Australian broker market.

Sydney-based non-bank lender Loanworks Lending has completed its largest residential mortgage-backed securities transaction to date, raising $850 million as it looks to continue expanding ...