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Brokers say shifting pre-approvals leaving borrowers exposed
1+ day, 2+ hour ago (897+ words) Rapid rate hikes are rendering home loan pre-approvals unreliable, brokers have warned, leaving more buyers exposed at auction. Brokers have reported that an increasing number of borrowers are discovering their pre-approval limits no longer stack up once lenders reassess applications…...
Brokers slam major's cash payments to retain borrowers
2+ day, 2+ hour ago (929+ words) A major bank's move to offer retention payments and rate discounts to stop borrowers from switching lenders has inflamed broker frustration and trust concerns. Brokers have raised concerns that retention tactics could distort competition and result in hours of unpaid…...
Brokers turn to non-banks amid serviceability squeeze
1+ week, 2+ hour ago (1104+ words) Brokers have revealed that rising rates and bank buffers are pushing more clients into non'bank mortgages " but often only as a tightly managed stopgap. Non'bank lenders are taking a larger role in Australia's mortgage market as brokers juggle APRA's 3 percentage…...
Borrowers retreat to familiar lenders as debt reshuffle gathers pace
1+ week, 2+ hour ago (759+ words) March credit data has revealed that Australians are reshaping their mortgages and personal debts around familiarity and buffer'building. New figures from Equifax have shown that mortgage holders and other borrowers are reshaping existing credit rather than abandoning it " and are…...
Connective's brokers power "record' lending year
2+ week, 5+ day ago (816+ words) The aggregator has smashed its own lending records, with rate cuts, policy support, and broker diversification combining to unleash a significant rebound in demand. Connective, one of Australia's largest aggregation groups, has reported "record-breaking" 2025 calendar year financial results, as falling…...
MA Money boosts BDM ranks to chase complex deals
3+ week, 1+ day ago (557+ words) Non-bank MA Money has bulked up its broker-facing team as demand for specialist lending rises. Non-bank mortgage lender MA Money has reshaped its national sales structure, lifting its business development manager headcount to 24 and carving out a new executive role…...
Connective white label book surges on multi'solution push
3+ week, 2+ day ago (702+ words) Connective's in-house lending arm has posted significant gains, with applications, settlements, and product breadth hitting new highs. Connective's white label brand has posted its strongest year on record in 2025, with Connective Lending reporting sharp growth in applications and settlements as…...
Rising lending complexity will define 2026, and brokers will stay at the centre
3+ mon, 3+ week ago (966+ words) Despite banks pushing harder into proprietary lending, rising borrower complexity, regulatory change, and non-standard income profiles will ensure brokers remain at the heart of Australia's mortgage market in 2026, says Brighten CEO Jason Azzopardi. Over the past few months, we've watched…...