July cash rate remains unchanged at 4.10%
The Reserve Bank of Australia (RBA) today announced the decision to hold the official cash rate at 4.10%. The decision to keep the official cash rate at 4.10% follows a better-than-expected trend in inflation nationally in last month’s CPI report.
The Australian Broking Awards 2023 Finalists
Congratulations to our brokers who have been nominated as finalists in The Australian Broking Awards for 2023. We are proud to see you recognised as leaders in the Australian broking industry. View the full list of finalists below: Commercial Broker of The YearKatie Liu, JKK SolutionsNick Smith, Red10 Finance Finance Broker of The YearBen Robinson, […]
AFG signs alliance with Brighten Home Loans
AFG has today announced an alliance with non-bank lender Brighten Home Loans to fund a white label home loan to join the AFG Home Loans suite of products and enable AFG brokers to deliver more choice to their customers.
RBA cash rate for June increased to 4.10%
Following a surprise increase last month, the Reserve Bank of Australia (RBA) today again decided to increase the official cash rate by 0.25%. The decision to lift the official cash rate to 4.10% was promoted by the April Consumer Price Index increasing from 6.3% to 6.8% and concerns around the signaling effect of Friday’s announcement […]
AFG brokers to help mortgage prisoners
Tens of thousands of ‘mortgage prisoners’ may now be able to refinance their home loans to more affordable interest rates, following the introduction of a new policy developed by Australian Finance Group Ltd (ASX:AFG). AFG has today announced a new policy enabling its brokers to recommend home loans based on lending criteria that cuts the […]
Planning to delight your customers, a guide for brokers
Investing in customer experience could be the growth driver you need for your business. But it’s not as simple as providing good service, you need to plan to delight your customers. High-performing brokers build their business around the customer. They clearly understand what their business stands for, its mission, and how it delivers an exceptional […]
Optimising Your Brokerage: Workflow Tips for High Performance
Every brokerage has its own unique processes and methods that work best for its owner and staff. However, there are some ways to optimise workflow that can help you improve your operations. High-performing brokers build their business around the customer. They have a clear picture of what their business stands for, what its mission is, […]
RBA cash rate for May increased to 3.85%
Following a surprise increase last month, the Reserve Bank of Australia (RBA) today again decided to increase the official cash rate by 0.25%. Whilst headline inflation eased to 7% during the March quarter, it remains well beyond the RBA’s target range of 2-3%.
Australian homebuyers feel the pinch
(ASX:AFG) Australian Finance Group has reported a further slowing of the market as interest rate increases hit home. AFG CEO David Bailey explained the results. “AFG recorded a drop in lodgement volume of 3.3% for the third quarter of the 2023 financial year,” he said. “This is 11.67% down on the corresponding period last year, […]
MFAA Excellence Awards 2023 Finalists
NSW/ACT 2023 Finalists Individual Category Finalists Business Development Manager Award – Aggregator Community Champion Award Customer Service Award – Individual Loan Administrator Award Newcomer Award Regional Finance Broker Award Young Professional Award Company Category Finalists Customer Service Award – Business Diversified Business Award Finance Broker Business Award QLD 2023 Finalists Individual category finalists Business Development […]