Powered by MOMENTUM MEDIA
Broker Daily logo

Breaking

Prime Capital announces double rate cut
5 June 2025

The non-bank lender has introduced a new rate for its commercial products, with a bonus rate for eligible brokers.

RAMS sued for misconduct, Westpac responds
4 June 2025

RAMS Financial Group has attracted the attention of ASIC after the regulator alleged systemic misconduct in arranging home loans.

Aussie attempts to declass class action as plaintiffs face ‘all or nothing gamble’
4 June 2025

An interlocutory hearing took place on 3 June in the Aussie Home Loans class action case, with the defendants attempting to declass the case. This could derail any attempt at compensation ...

RBA hints at just one more rate cut for 2025
4 June 2025

The recent cash rate cuts in 2025 provided some optimism for consumers. The relief may be short-lived, however.

The Australian suburbs driving business growth
4 June 2025

A recent study has analysed the business boom hotspots across the country as well as the industries that are rising the fastest.

Fair Work Commission increases minimum wage by 3.5%
4 June 2025

After weeks of discussions and debate, the Fair Work Commission has released its highly anticipated Annual Wage Review for 2025.

Fewer pre-approvals reaching settlement as conditions tighten
3 June 2025

A recent study has highlighted a steep decline in the conversion of pre-approvals to settlement, highlighting a tense market for borrowers.

Green is gold: Energy-efficient homes selling for 14.5% more nationally
3 June 2025

Energy-efficient homes have been fetching premium prices nationwide as buyers have turned to green energy and environmentally friendly dwellings, a new Domain report has revealed.

5-step plan to build a property portfolio that earns you $3k a week
3 June 2025

There’s a common myth in property circles – and if you’ve ever spent time in a Facebook group or watched a finfluencer pitch a get-rich-quick scheme, you’ve definitely heard it: you need to ...

Mortgage broker market share hits record 76.8%
2 June 2025

The latest MFAA data has revealed record-breaking market share for mortgage brokers.

Business loan growth outpacing mortgages
2 June 2025

APRA has released its monthly ADI data. Trends point to stronger growth in business loans among the majors than owner-occupier or investor loans.

Nearly record-high optimism a good sign for SMEs
2 June 2025

Australian SMEs are in good spirits as a recent study has highlighted an expectation for revenue growth.

5 ways that delays kill high-value deals
2 June 2025

Let me tell you about a deal that died at the finish line. (This is fictional but based on countless true stories.)

Home values up, building approvals down
2 June 2025

Rate cuts have ignited some activity in the market and, as a result, home values have risen across the country. However, coinciding with this is a drop in building approvals, which could ...

AFR suggestion lenders would pass along commission savings a ‘fantasy’
30 May 2025

A recent article from The Australian Financial Review took yet another jab at brokers, claiming the cutting of broker commissions would see lenders pass the savings on to customers