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The Reserve Bank of Australia has delivered its latest cash rate decision as economic pressures continue to weigh on households and the wider mortgage market.

Brokers have been urged to prepare for a prolonged period of higher rates, as weaker mortgage demand and growing competition from banks puts client relationships in focus.

Broker-built fintech AutoCalc has added a built-in payslip reader to its recently launched borrowing-capacity calculator.

Peter Nguyen has joined the boutique aggregator, bringing more than 20 years’ experience across the mortgage and banking sectors to the role.

Non-bank lender First Federal has gone live on NextGen’s ApplyOnline platform, allowing brokers to lodge mortgage applications through the digital platform.

Fresh data from the Mortgage and Finance Association of Australia has found that commercial, business and asset finance settlement values among brokers have jumped by more than a quarter.

The major bank received the highest volume of broker asset finance deals in July, according to the latest Broker Pulse: Commercial Lending report from Agile Market Intelligence.

Suncorp has bolstered it board through the appointment of a new non-executive director.

As the AI boom continues to gather pace, data centre financing has been emerging as a new opportunity for commercial brokers, with inquiries that were once occasional now landing on desks ...

Brokers are embracing AI to save time, but are they creating a data risk they cannot see? Nirlep Adhikari, director and founder of Mount Mindforce explores the governance gap.

Business loan demand has jumped 11.3 per cent year-on-year, while demand for asset finance has continued to fall, new data from Equifax has found.

SME lender OnDeck Australia has said its new chief credit officer will bring international expertise to the organisation as it continues to scale.

A free event aimed at helping finance professionals diversify their offerings beyond home loans has been launched by Momentum Media.

With the Reserve Bank of Australia’s next cash rate decision round the corner, banks have been adjusting their rates, although not always upwards. Here’s what you need to know.

RAMS has struck a $29.6 million settlement deal with 15 former franchisees who alleged the home loan provider wrongfully terminated their agreements and withheld trail commissions.