Mortgage News for Industry Professionals | Australian Broker News
Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
MFAA chooses new CEO | Australian Broker News
Executive has over 20 years' experience in finance industry. “We found her vision for the industry closely aligns with the MFAA’s strategy, particular in terms of continuing the mortgage broking journey from an ‘industry’ to a ‘profession’,” she said.
Why brokers shouldn't worry about Unloan's referral program
A former founder of a direct digital home loan fintech, Clint Howen (pictured above left), has questioned the viability of the direct home loan channel, as lenders employ controversial tactics to win over the dwindling direct market.
Key strategies for brokers to succeed in 2025
As 2024 comes to a close, Connective’s Mark Haron (pictured above) reflects on a year defined by resilience, growth, and evolving client expectations. With $115 billion in loan applications year-to-date and a record $13 billion in October alone, Haron emphasises the …
Westpac set for new era as CEO Peter King steps down
Westpac reported a slight dip in net profit to $7 billion, marking a 3% decrease, while announcing a 76-cent final dividend per share and a $1 billion extension of its share buyback program.
Perth to lead Australian housing market growth in 2025 – SQM …
Perth is forecasted to dominate Australia’s housing market in 2025, with dwelling prices expected to rise by 14–19%, according to SQM Research’s Christopher’s Housing Boom and Bust Report 2025.
FBAA reveals best financial year on record
Peter White, managing director at FBAA, said the association recorded net assets of $1.8 million and net retained earnings of $769,000 over the financial year.
Aussies tip off ATO in record numbers | Australian Broker News
Real-world examples: Sabrina and Penny. Two recent examples showcase how tip-offs lead to action. Sabrina, a fish and chip shop owner, used an electronic sales suppression tool to hide nearly $4 million in income, leading to the seizure of her assets.
Brighten unveils broker portal upgrade | Australian Broker News
Enhancing broker efficiency and workflow. Tailored features for broker efficiency. The Brighten broker portal provides real-time application tracking, a digital serviceability calculator, and scenario submission tools.
New program upskills loan processors into parabrokers
“It's a four-week course offered through our online training school, and every student gets a weekly live session with me,” said Maxwell. “This course is highly interactive and aligns with the current industry requirements, serving as a significant step in the journey toward becoming a mortgage broker.”