Mortgage News for Industry Professionals | Australian Broker News
WEBAUSTRALIAN BROKER TALK. Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
Latest Mortgage Brokers Industry News | Australian Broker News
WEBPodcast: How brokers can diversify while remaining specialised. From rate changes to lender shakeups, the mortgage broker industry is constantly changing. Get the latest updates here.
From setbacks to success: Suvidh Arora's story - Broker News
WEBAfter racking up awards for several years, Cinch Loans' success paved the way for Suvidh Arora to achieve the ultimate individual honour: being named Australia's number one broker in MPA's 2023 Top 100 Brokers, a sister publication to Australian Broker. “Over the years, brick by brick, we basically built this amazing structure,” Arora said.
La Trobe's US private credit trust launches - Broker News
WEBLa Trobe Financial has successfully completed its $130 million fundraising campaign for the La Trobe US Private Credit Trust, marking the debut of the Global Asset Series. The initial investment, placed on Dec. 1, follows an extensive national roadshow, where La Trobe Financial CIO Chris Paton (pictured above), alongside three members of the ...
ANZ officially acquires Suncorp Bank | Australian Broker News
WEBJul 31, 2024 Share. ANZ has officially acquired Suncorp Group’s banking arm after more than two years since the deal was first announced. ANZ chief executive officer Shayne Elliott (pictured above left) said it was an exciting day for the major bank, welcoming around 3,000 Suncorp Bank employees and 1.2 million customers into ANZ Group.
Mortgage cliff – factual or false? | Australian Broker News
WEBThe Australian mortgage market in 2023 was dominated by one major storyline: the mortgage cliff. With 800,000 borrowers rolling off historically low loans fixed during the pandemic, the ominous term became a household reference to the impending disaster that was about to occur. Borrowers would face a financial shock when their rates reset to ...
Landmark ANZ-Suncorp Bank merger approved - Broker News
WEBNews. By Ryan Johnson. In a landmark decision with significant implications for the Australian financial landscape, the Australian Competition Tribunal has approved the $4.9 million merger between ANZ and Suncorp, despite the ACCC previously rejecting the deal. This historic decision paves the way for the biggest banking merger in Australia ...
What’s costing brokers time and money? | Australian Broker News
WEB“For instance, the broker reports it costs approximately $2,500 to acquire a customer, package a loan and obtain a conditional approval. A client may take seven to 14 months to transact, during this period, they’ll come back to the broker time and again requesting multiple reworking of conditional loans and asking their broker questions about the buying process and how to deal with the ...
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MFAA announces National Excellence Award 2024 winners
WEBJul 26, 2024Share. The best of the best were recognised as the winners of the 2024 MFAA National Excellence Awards were announced at a glittering event at Crown Palladium in Melbourne last night. From 137 finalists, winners of 26 award categories took trophies home with MFAA CEO Anja Pannek said, the MFAA Excellence Awards highlight the ...