Powered by MOMENTUM MEDIA
Broker Daily logo

Breaking

CBA hit with $7.5m fine after breaching spam laws
17 October 2024

The major bank is co-operating with an investigation into compliance issues involving messaging to customers and has been slapped with a substantial fine for its actions.

Physical bank branches declining dramatically
17 October 2024

Is the era of the physical bank branch coming to an end? The latest data has analysed how stores are shrinking, potentially making way for a new world of banking.

Big 4 lose market share to non-major lenders
17 October 2024

An aggregator’s recent report has shown that the major lenders have lost market share to their smaller competitors in the first quarter of this financial year.

RBA tackles inflation expectations in its latest analysis
17 October 2024

The landscape of Australian inflation has been persistent trouble for consumers as the cost of living soars and many wages are unable to grow in line with it.

Late repayments from businesses at highest level since 2021
17 October 2024

Emerging data has shown businesses are struggling to pay outstanding invoices.

Construction cost re-acceleration puts 1.2m homes goal in jeopardy
16 October 2024

Construction costs for residential dwellings rose over the September quarter, likely adding more pressure on the Albanese government’s ambitious new homes target.

Tax cuts have not caused ‘material rise’ in spending
16 October 2024

New data has shown an easing in spending during September, suggesting that the government’s stage 3 tax cuts have not encouraged consumers to open their wallets.

RBA initiates review into merchant card payments
16 October 2024

Announced today (15 October), the central bank is beginning a review of merchant card payment costs and surcharging in a bid to assist Aussies amid cost-of-living challenges.

Broking firm raises $360k for charity
16 October 2024

A broking firm has raised over $360,000 for Aussie charities throughout the financial year 2024, with the large majority of brokers within the network making contributions.

SMEs are ‘embracing’ long-term loan benefits
15 October 2024

Small businesses have opened up to the idea of managing repayments over a longer period of time, new research has found.

Firstmac completes $1.75bn RMBS issue
15 October 2024

The non-bank lender has announced the completion of its fourth RMBS issue.

Finalists revealed for Commercial Finance Awards 2024
15 October 2024

The Adviser is pleased to announce the finalists for its first-ever Commercial Finance Awards in 2024.

2 banks in court over alleged multimillion-dollar car dealer overpayments
14 October 2024

Two of Australia’s largest banks have landed themselves in court over a car dealer commissions controversy that allegedly left consumers out of pocket millions of dollars.

Brokers advise on renting v buying
14 October 2024

Mortgage brokers have shared essential questions and factors to consider when deciding whether to rent or buy a home.

Industry leaders react to ACCC merger reform
14 October 2024

The recent outlining of the ACCC’s merger reform policy that was tabled in Parliament has people talking. Experts are weighing in on the changes, discussing what has landed and what is ...