Breaking

Australia’s housing market has lost further momentum as national dwelling values flatlined in May, according to new data from Cotality and PropTrack.

Australia and New Zealand Banking Group has recorded the strongest monthly growth among the major banks in April, as the big four continue to dominate business lending.

A new challenger has entered Australia’s SME finance market.

ScotPac has completed its third asset-backed securitisation, posting a $300 million transaction.

A new specialist commercial finance provider offering loans secured against broker trail income has launched.

Non-bank lender Skip has partnered with technology provider NextGen to implement the ApplyOnline platform, as the lender continues to expand its presence in the broker channel.

While referral partnerships have long been a key weapon in a broker’s lead generation arsenal, brokers are being warned to adapt their approach in what is now a highly competitive and ...

Westpac has forecast a steep decline in investor activity and a stalling in house price growth following the federal budget’s proposed changes to negative gearing and capital gains tax.

Lenders have begun to update serviceability policies following the federal budget’s proposed changes to negative gearing, with some banks moving faster than others to reflect the reforms

Financial Crime Squad detectives have charged an ex-Hai Money broker and a former banker over an alleged multimillion-dollar fraud and money laundering syndicate.

ATI Group has reached an in-principle agreement to acquire full ownership of electronic property settlement platform Sympli, following government decisions not to proceed with competition ...

A former National Australia Bank business banking executive has joined Banjo Loans as the new head of sales.

Across Australia’s capital cities, auction clearance rates have remained below 60 per cent for six of the past eight weeks, with buyers increasingly “hesitant to move in uncertainty”, ...

With tax changes looming and lender appetite tightening, brokers are being warned that many finance pipelines may be overstated heading into the new financial year.

For anyone flying into Canberra Airport this week, it will be hard to miss this Sydney broker’s message.