News
Brighten fast-tracks reverse mortgage rollout
17+ hour, 28+ min ago (560+ words) The non-bank lender said it has received overwhelming demand for its new reverse mortgage offering during a three-month broker pilot. Brighten has fast-tracked the national rollout of its new Brighten Life" and Brighten Life" Plus reverse mortgage products following the…...
Budget a win for SMEs, but warnings raised over tax changes - Broker Daily
4+ day, 17+ hour ago (239+ words) Small businesses will benefit from the changes in the federal budget, but radical structural changes to investment and trust taxation may have unintended consequences, according to SME lenders....
Migration should be capped at the number of new homes completed: Coalition
3+ day, 11+ hour ago (990+ words) The Opposition Leader has said the Coalition would cap net overseas migration each year at the number of new homes completed in Australia, in a bid to balance housing demand. The Coalition has announced a range of housing policies in…...
RADI program to be scrapped: APRA
3+ day, 17+ hour ago (792+ words) The prudential regulator has revealed it intends to remove the restricted banking licence framework, given its challenge in attracting new entrants and limited take-up. While the prudential regulator brought in the RADI regime in 2018 to provide a phased and easier…...
New NSW/ACT state manager hired at Mortgage Choice
3+ day, 17+ hour ago (311+ words) The major brokerage has announced a new NSW/ACT state manager, leading a team of franchise development managers across the state and territory. Mortgage Choice, the major brokerage owned by REA Group, has appointed Brendan Andrews to the role of…...
Viking Asset integrates Loan Options. ai loan matching tech
4+ day, 17+ hour ago (447+ words) Hundreds of asset finance brokers operating under the aggregator's network will now be able to access the fintech's loan-matching technology. Viking Asset has partnered with Loan Options. ai to bring the fintech provider's asset finance-matching technology " AILO " to its brokers....
Business Accelerator: Becoming a true credit adviser
4+ day, 10+ hour ago (135+ words) Broker Daily Business Accelerator: Becoming a true credit adviser As the fallout from the federal budget settles, the mortgage broking industry is facing a definitive shift in the borrower'broker dynamic, with brokers truly needing to step up to become credit…...
Borrowing capacity to worsen under investor tax changes, warn brokers
4+ day, 17+ hour ago (1398+ words) Mortgage and finance brokers have warned that the newly announced CGT and negative gearing changes are tightening the screws on borrowing capacity. Brokers have flagged that investor borrowers are already being impacted by the incoming property tax changes handed down…...
1 in 3 small businesses don't think they're a cyber target, new research finds
5+ day, 17+ hour ago (549+ words) Over half of small businesses in Australia don't think they are a target for a cyber attack, despite one in three experiencing one, reports have found. New research from Optus has pointed out the major gaps and potential risks that…...
Subprime SMEs increasingly "credit shopping" to multiple lenders
5+ day, 17+ hour ago (825+ words) While overall SME lending demand is softening, businesses at the high-risk end of the credit spectrum are increasingly shopping around to find a lender to help them. New data from the first quarter of the year 2026 has shown that while…...