Breaking

ANZ ‘fully committed’ to brokers after record high flows
8 November 2024

ANZ has continued to be the top supporter of brokers among the majors, with broker flows hitting record highs and the proprietary channel seeing a drop.

NAB broker flows drop as it focuses on proprietary channel
8 November 2024

The major bank’s new loans originated from the third-party channel have dipped amid a competitive market.

Small businesses being hit from all sides: Is change on the horizon?
8 November 2024

Aussie SMEs are doing it tough with compounding issues placing enormous pressure on these vital businesses. Greener pastures may be in sight, however.

Resimac’s Rocket runs 560 kms for charity
8 November 2024

Rodney ‘Rocket’ Cottam recently completed a gruelling endurance marathon for charity: running 560 kilometres in a week.

Transparent promotion frameworks vital in financial services  
8 November 2024

A global investment management firm executive has called for standardised promotion policies to close the “gendered promotion gap”.

Bank economists firm on February rate cut
7 November 2024

A February interest rate cut is still on the table despite a lack of guidance on the outlook for the cash rate for the beginning of 2025.

Avoid the broking groove and plan with a purpose
7 November 2024

Whether a new or established broker, there are plenty of themes that encompass the whole industry. A great way to remain effective is to plan properly.

‘No choice but to rent’: Calls for reform to address housing crisis
7 November 2024

A significant number of Aussies are renting through necessity as house prices keep the dream of home ownership out of reach. Now, there are calls to enact reforms to help prospective home ...

Winners unveiled for Australian AI awards 2024
6 November 2024

Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.

Stubborn inflation keeps RBA firm on cash rate
6 November 2024

As predicted, the central bank has decided to keep the cash rate steady at 4.35 per cent. Stubborn inflation has been identified as the key reason for this move.

Non-bank extends spring offer following broker demand
6 November 2024

MA Money has announced the extension of its inaugural spring offer in response to “strong demand from brokers”.

AMP Bank appoints director for small business and personal banking
6 November 2024

The non-major bank has named a new addition to its digital banking ranks.

One year on – cash rate holds at 4.35%
5 November 2024

The Reserve Bank has announced another hold in the cash rate, citing that underlying inflation still remains too high for a rate cut.

Westpac broker channel climbs as mortgage competition eats profits
5 November 2024

The major bank has announced its financial results for the financial year 2024, with profits witnessing a drop from the year prior. Mortgage competition may be playing a role in this. ...

The biggest hurdles for Australia’s small businesses
5 November 2024

Maintaining a small business requires considerable effort. Outside influences out of control of an owner may also play a part. Here are the top challenges for small businesses.