Annie Kane

A new chair has been appointed at the non-bank lender with immediate effect, with a CEO announcement expected to be made “imminently”.

The venture arms of two major banks have both invested in minority stakes in the commercial technology platform for brokers.

A broker portal that offers instant pricing and centralised access to policy information has been launched by the non-major bank.

With broker remuneration being brought back into focus recently, the CEO of Mortgage Choice has said banks have ‘conveniently forgotten’ that changes have already been made.

The Albanese Government will require the Future Fund to prioritise investment in residential housing, where appropriate.

The broker association has updated its brand, which will be rolled out progressively over the next six months.

Two of the four major banks now believe that the central bank will start cutting the official cash rate in May, but see consecutive cuts on the horizon.

The lender is moving to staged clawbacks, reduced trails, and is tweaking its upfront on some products from 1 January 2025.

A new leader has been appointed to take the helm of the aggregation and franchise broking group from next month.