finance

A major regulatory shift is set to reshape the borrowing landscape, with APRA unveiling a new debt-to-income (DTI) cap that’s sparked debate across the finance sector.

Launching a mortgage brokerage is one of the biggest career leaps a broker can make and demands more than just technical expertise. It requires a mindset shift, solid systems, and a clear ...

Following the Women in Finance Summit and Awards 2023, we’re catching up with some of the leading women in the financial services space.

There’s no discernible trend in loan defaults and arrears now, but it is coming, APRA has highlighted.

In the latest episode of Broker Daily Uncut, the team discuss commercial and finance lending, and why brokers who “dabble” in this area could put clients at risk.

The Australian Prudential Regulation Authority has urged Australia’s financial sector to share AI knowledge with competitors, warning the industry is entering a “dangerous period in the AI ...

The federal government has announced its plans to build upon open banking and expand the Consumer Data Right into the finance sector.

Vehicle dealers are increasingly pushing subvention finance to lure in cash-strapped buyers, creating a misapprehension among borrowers about the true cost of their purchase, brokers have ...

While refinance activity dropped in June more than $20 billion in home loans were switched.

ASX-listed Australian Finance Group (AFG) has acquired a 40 per cent stake in asset finance brokerage Network Finance.

The new code sets a benchmark for lenders in what AFIA is describing as the “first of its kind”.

The commercial equipment lending specialist topped broker usage for asset finance loans throughout May, adding to an already strong year.

Brokers are adjusting after another major bank tightened its approach to mortgage lending for companies and trust structures.

The major has revealed a new initiative to make it easier for business customers to access clean energy and work towards net-zero targets.

Australia New Zealand Banking Group has suspended its Simpler Switch policy for home loan applications, requiring full income verification for all new external refinance applications from 10 ...