Breaking

ANZ loses $116.9m insurance dispute over personal and auto finance class actions
15 October 2026

Australia and New Zealand Banking Group has lost a Federal Court case after it was ruled its insurers weren’t required to reimburse the bank for $116.92 million in settlements resolving ...

AFG data reveals continued fall in mortgage LVRs
15 October 2026

Broker data from Australian Finance Group has shown that LVRs have continued to fall across almost the entire country.

New networking app opens to broking industry
15 October 2026

Netr, an Australian-built professional networking app for finance professionals, has opened its platform to the wider broking and lending industry following its launch on iOS and Android ...

Industry welcomes BID review but defends broker judgement
14 October 2026

The broking industry has welcomed ASIC’s audit of best interests duty obligations but questioned the emphasis on low-cost loan recommendations and called for clearer guidance on complaints ...

Upgraders drive record average loan size: AFG
14 October 2026

Home owners seeking to trade up in the market have accounted for a record share of Australian Finance Group’s mortgage lodgements, even as overall lending volumes have fallen.

How does ASIC view the use of AI in broking?
13 October 2026

The financial regulator has set out how it thinks brokers who use artificial intelligence should be documenting their work to meet their best interests duty obligations.

ASIC’s first BID audit is in – here are the key findings
13 October 2026

The financial services regulator has published its latest best interests duty report, putting broker compliance and dispute handling under the microscope. Find out what the core findings and ...

Brokers slam elevenfold increase to CSLR special levy
13 October 2026

Brokers have hit out at the Compensation Scheme of Last Resort after it emerged that a proposed framework for allocating the scheme’s blowout in costs could see the special levy on credit ...

Suncorp Bank transition could bring ‘significant’ repayment increases, brokers warned
13 October 2026

Suncorp Bank borrowers could face “significant” increases in minimum loan repayments as their mortgages move to ANZ, brokers have been told.

Investor lending drops 9% as budget changes bite
13 October 2026

Investor property loan demand has fallen three times faster than owner-occupier loans in the June 2026 quarter, as higher interest rates and federal budget changes erode borrowing appetite ...

Broker behind ‘Ambition Tax’ campaign takes aim at surcharge ban
13 October 2026

A broker who has already played the Prime Minister at tennis over tax settings has now set his sights on a new issue for small businesses: the card surcharge ban.

Cynario unveils real-time AI policy tool, Polli
12 October 2026

AI broker platform Cynario has launched a new real-time policy coach that compares lender policies in real time.

AFG adds Allianz to broker referral platform
12 October 2026

Australian Finance Group has expanded its Partner Connect program with the addition of insurance provider Allianz, allowing brokers to refer clients for insurance through BrokerEngine Plus

Brokerage fined for ‘exploitation of vulnerable workers’
9 October 2026

A brokerage director and his affiliated companies have been ordered to pay more than $470,000 in penalties over the exploitation of migrant workers and other workplace law breaches.

How technology is changing broking, according to brokers
9 October 2026

Technology is helping brokers work smarter, add value, and detect fraud, but clunky systems, client concerns, and AI errors are still holding back progress, brokers have told Broker Daily.