Interest rate hold hurts consumer confidence

By: ameer@trustedteam.com

The RBA’s shock cash rate hold has resulted in a drop in consumer confidence. Relief is expected to lift results later in 2025.

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3 convicted in ‘interest free’ mortgage scam

By: ameer@trustedteam.com

Three people face up to 15 years’ imprisonment after the jury found them guilty of dishonesty offences.

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Brokers want a regulatory standard for clawbacks

By: ameer@trustedteam.com

Lender clawback policy can vary widely depending on the institution. Some have harsh conditions, while others have no clawbacks at all. Some brokers believe blanket regulation could benefit the...

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Lender appetite for SME loans surges

By: ameer@trustedteam.com

Shifting sentiment from lenders has resulted in a surge in the number of commercial finance settlements.

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Major banks dominating LMI loan market

By: ameer@trustedteam.com

The portion of loans requiring lenders mortgage insurance (LMI) is around three times higher at the majors than it is at non-banks.

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LMG to purchase The Brokers’ Bible

By: ameer@trustedteam.com

The aggregator has announced plans to acquire the fintech to help brokers access policy information faster and easier.

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Brisbane population boom pushes median property value to $1m

By: ameer@trustedteam.com

Strong population growth has pushed Brisbane’s median housing value to $1 million. Experts warn that the market’s price growth could face slowdowns due to affordability challenges.

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Franchisees drive 36% growth in settlements at Resolve Finance

By: ameer@trustedteam.com

A revamped franchise model focus is helping drive growth at the brokerage.

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Treasury unintentionally admits housing target won’t be met without raising taxes

By: ameer@trustedteam.com

A blunder from the Treasury has resulted in information around the 1.2 million housing target and federal budget shortfalls landing in the hands of ABC News journalists.

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Connective launches white label reverse mortgage

By: ameer@trustedteam.com

The aggregator adds to the recent expansion of its white label portfolio with the launch of Connective Reverse.

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