Powered by MOMENTUM MEDIA
Broker Daily logo

Breaking

CBA comes under union fire for replacing jobs with AI
30 July 2025

CBA has become the latest lender to announce job reductions, driven by growing AI adoption. This move raises doubts about CEO Matt Comyn's position at the upcoming productivity roundtable.

Banks to refund customers over $93m
29 July 2025

Following an ASIC review, Australian banks will refund customers millions of dollars after charging high fees.

Broker Innovation Summit launches in Melbourne
29 July 2025

The Broker Innovation Summit announces Melbourne event to delve into what will shape the future finance broking industry.

Aussie becomes home loan partner of One Agency
29 July 2025

The latest partnership brings together Aussie’s broker network and One Agency’s connection with potential buyers.

MFAA member numbers reach all-time high
29 July 2025

The broker association has released its latest membership figures, reaching a record high.

Auction clearance rates highest in a year
29 July 2025

During the week ending 27 July 2025, auction activity surged in capital cities, with both the number of auctions and the initial success rate rising notably.

Majority of brokers business owners, industry pushes for fairer bank policies
28 July 2025

A report has revealed that a large portion of brokers are also business owners. The industry snapshot has also highlighted challenges, with banks being a key cause of frustration.

A quarter of Aussie households plan to invest in property in the next year
28 July 2025

Young Aussies are leading a surge in prospective property investment, with one in four planning to purchase a home in the next 12 months.

FHB loan growth continuing recovery trends
28 July 2025

After a rough 2023, first home buyer (FHB) loan numbers are continuing to rise. State-by-state trends highlight how regional influences are impacting the market.

Financial complaints ‘unacceptably high’, says AFCA
28 July 2025

Over 100,000 financial complaints were made in 2024–25. While experiencing a slight drop from the preceding period, figures are still too high, AFCA has said.

Brokers extremely satisfied with non-bank business lenders
25 July 2025

A recent study has shown impressive broker experience scores among non-bank business lenders.

NAB introduces HELP debt servicing changes
25 July 2025

The major bank is following regulator recommendations and implementing student debt servicing assistance to help boost home ownership.

One broker’s mission to support divorcees
25 July 2025

Lou Syphers is thriving in a niche by homing in on an under-represented borrower segment. She says it has been extremely rewarding to help those in need.

Rent growth subdued by lower tenant demand
25 July 2025

Rents increased again in the June quarter, but economic pressures have softened tenant demand, slowing the rate of growth.

ASIC urges banks to harness AI for customer-centric growth
24 July 2025

In an address at the ABA Banking Conference, ASIC chair Joe Longo has discussed the rapid advancements made in AI and how the banking sector is amid massive change.