Mortgage Professional Australia

In a landmark deal for the Wests Tigers, non-bank lender Pepper Money ANZ has signed a multimillion-dollar deal to be the club's major sponsor for the next three seasons. Pepper Money's brand will feature on the front of the playing jerseys for both the Wests Tigers National Rugby League squad and its NRLW squad. The logo will also feature on the coaches' gear, coaches'box and in other prominent locations at home games. Pepper Money CEO Mario Rehayem emphasised the alignment between the two organisations in their commitment to community engagement. “We are incredibly proud to partner with Wests Tigers to become the club’s new major partner for the next three seasons," he said. Wests Tigers CEO Shane Richardson, who was joined at the announcement by Wests Tigers NRLW coach Brett Kimmorley, Wests Tigers NRL coach Benji Marshall, and club chairman The Hon Barry OFarrell AO, said it was the biggest sponsorship in the club’s 25-year history. Read the article here: https://lnkd.in/gjRA5RAt #weststigers #nrl #nrlw #sponsorship #sportssponsorhip #nonbanklender #rugbyleague

HomeStart has partnered with Loanworks to enhance its home loan origination process, tapping into cutting-edge technology to streamline applications and improve client service. This collaboration is set to improve efficiency, offering a seamless experience for brokers and customers alike. https://hubs.la/Q02ZP6Cd0 #MortgageInnovation #OriginationTech #HomeStart #BrokerSolutions

The latest FBAA monthly brokers poll shows the stress levels of brokers are improving, with FBAA managing director Peter J White AM saying the peak industry had been leading the conversation about managing stress and anxieties. “It’s good to see that what we are doing in the area of mental health is having a positive effect, and this underlines the importance of continuing this work,” said White. To find out what else the poll revealed, read the full article here: https://lnkd.in/gE3pWCHg #mentalhealth #stressmanagement #mortgagebroker #mortgageindustry

As businesses face higher interest rates and operating costs, BOQ Finance is increasing its focus on premium funding to help manage cash flow. This strategic move comes as more businesses seek insurance premium funding as a solution to navigate financial pressures. BOQ’s enhanced offerings aim to provide greater flexibility and support, helping businesses maintain stability and foster growth in uncertain times. https://hubs.la/Q02ZPwb90 #PremiumFunding #CashFlow #BusinessGrowth #FinancialSupport

The acquisition of Suncorp Bank by ANZ took place on August 1, following a complex two-year process. In a wide ranging interview with Mortgage Professional Australia, Suncorp Bank executive general manager home lending Troy Fedder explains how the transition has been a smooth one and it how it is business as usual when it comes to the home lending team and the ongoing focus to maintain and build on strong broker partnerships. Fedder discusses Suncorp Bank's turnaround times, its lending segments, investment in technology, the appointment of Paul Brick as head of broker partnerships, his own role, the bank's commitment to Queensland and plans for the future. You can read the full article here: https://lnkd.in/gKKbtdsg #bankingindustry #mergersandacquisitions #homeloans #lending #mortgageindustry #mortgagebroker #businessgrowth

Bendigo and Adelaide Bank has bolstered its leadership team, appointing Fiona Thompson as chief people officer and Kerrie Noonan as chief risk officer. Both are highly experienced - Thompson previously worked as chief people officer at Suncorp Group, while Noonan was chief risk officer for Direct Insurance Australia at IAG. Bendigo Bank CEO Richard Fennell said the pair's expertise would help accelerate the bank's digital transformation, enhance customer experiences, and deepen relationships with customers: https://lnkd.in/ggD6nmX6 #bankingindustry #industrymoves #industryappointments

Mortgages and motorcycles - that's a unique combination that boutique aggregator Hai Money has relied to create a unique mortgage industry event, bringing passionate motorcyclists together for Riders in Finance. The motorbike ride, held on Sunday, November 24, attracted 100 keen riders including brokers, lenders and other industry professionals. The ride started at the Broughton Street Lookout in Sydney's Milsons Point and continued on to Bobbin Head Picnic ground at Ku-Ring-Gai Chase National Park, Mount Colah. Organiser Bruce Li, the head of growth and strategy at Hai Money, said since supporting brokers and riding were both very important to him, he wanted to find a way to merge the two passions to create something meaningful: https://lnkd.in/gqNFWDeA #motorbikes #motorcyclists #mortgagebroker #mortgageindustry #industryevent

outsource Financial has boosted its leadership team, promoting Sarah Chan to national training and education manager and appointing Michael Fowkes as relationship manager for Victoria. CEO Tanya Sale said the appointments were an important part of outsource Financial's growth strategy. “Sarah’s passion for training is unmatched, and she has already proven her ability to enhance our programs,” Sale said. “Michael’s vast experience and practical approach will be invaluable for our brokers in Victoria. Both bring exceptional talent and energy to their roles.” Read the article here: https://lnkd.in/gPpZhUxC #industryappointments #industrymoves #mortgageindustry #aggregator #mortgagebroker

BREAKING NEWS: The Government of New South Wales (NSW Government) has announced an Upper House inquiry into the NSW Payroll Tax Act, in a boost to the mortgage and finance industry which has been fighting the imposition of payroll tax on aggregators. Leading the charge in the payroll tax battle, the Mortgage & Finance Association of Australia (MFAA) has welcomed news of the inquiry, with CEO Anja Pannek saying the peak body was pleased to finally see action being taken on this longstanding issue for its members. “We see this Inquiry as a clear acknowledgement that the application of relevant contractor provisions is flawed and needs to be reviewed,” said Pannek. Read the full article here: https://lnkd.in/gYJez4-7 #payrolltax #aggregators #industrycampaign #mortgageindustry #mortgagebrokers #industrybody

The Mortgage & Finance Association of Australia (MFAA) wants the Australian Prudential Regulation Authority to be flexible when it comes to the 3% mortgage serviceability buffer, saying the current level is too high a barrier for first home buyers and refinancers when it comes to accessing finance. Responding to APRA's decision yesterday to keep the buffer at 3%, MFAA CEO Anja Pannek said flexibility in the serviceability measure was essential to balance financial stability with accessibility, particularly as affordability pressures continued to mount across the housing market. National Finance Brokers Day founder Dino Pacella said he was disappointed by APRA's decision and the regulator was missing an opportunity to ease the financial strain many Australians felt. Read the full article here: https://lnkd.in/gazCMsti #serviceabilitybuffer #mortgageserviceability #loanbuffer #mortgageindustry #mortgagebroker #apra