Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

Regional banks issue warning to PC

Six of Australia’s largest non-major banks have cautioned the Productivity Commission over its recommendation to introduce a loan comparison tool, which the lenders claim could “mislead ...

mortgagebusiness
Australia set for cash rate record

If the Reserve Bank of Australia leaves rates on hold today, it will be the longest stretch in the country’s history without a change in the official cash rate.

mortgagebusiness
Government hikes market manipulation penalties for financial sector

Financial institutions found guilty of rigging financial benchmarks or a product used to determine benchmarks will be slapped with civil and criminal penalties of up to $9.45 million under ...

mortgagebusiness
Banks in a ‘war’ for tech talent

A major bank executive has revealed how the group is competing with tech giants like Google for top talent.

ANZ, war, tech talent
Brokers flock to new e-lodgement platform

An e-lodgement solution developed by Simpology is fast gaining traction among lenders and aggregators, with user numbers growing tenfold in less than a year.  

mortgagebusiness
Xinja raises $2m via equity crowdfunding platform

The new digital lender has raised $2 million from more than 1,000 investors via equity crowdfunding platform Equitise.

mortgagebusiness
CCR legislation introduced into Australian Parliament

Legislation to enforce mandatory comprehensive credit reporting (CCR) has been introduced into the Australian Parliament on Wednesday by Assistant Minister to the Treasurer Michael Sukkar

mortgagebusiness
ING reports 18% profit boost as loans rise

The bank has released its results for the 2017 calendar year, reporting a 9.9 per cent rise in loans and an 18 per cent profit increase.

mortgagebusiness
Data sharing to transform expense verification

A leading fintech investor believes the data economy could become as significant as the financial services sector over the next 20 years.

Data sharing to transform expense verification
Major bank cracks down on living expenses

A big four bank will soon require brokers to provide additional information and supporting documents to give an “accurate view” of their clients’ living expenses.

mortgagebusiness
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph