FOLLOW US
Follow us!

We are a proud member of the Financial Services Online network!

Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.

Follow us on social media
Home Loans Australia
Australia's leading online Home Loan resource
Home Loans Australia :: News
SHARE

Share this news item!

Pepper Money in Negotiations to Acquire Westpac's Mortgage Broking Portfolio

Potential Acquisition Could Reshape Australia's Home Loan Market

Pepper Money in Negotiations to Acquire Westpac's Mortgage Broking Portfolio?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

In a significant development within Australia's financial sector, non-bank lender Pepper Money has entered preliminary discussions to acquire Westpac's mortgage broking portfolio.
This move could have far-reaching implications for the home loan market, particularly for borrowers seeking competitive mortgage options.

The negotiations are at an early stage, and while no agreement has been finalized, the potential acquisition underscores a trend of consolidation within the mortgage industry. Westpac's decision to divest its mortgage broking arm follows the closure of its RAMS division to new home loans in 2024. This closure led to legal challenges from RAMS franchisees, who alleged wrongful business termination and loan processing errors.

For prospective homebuyers and existing homeowners considering refinancing, this development is noteworthy. A successful acquisition by Pepper Money could introduce more competitive products and services, potentially offering better interest rates and terms. However, it's essential for borrowers to stay informed and consult with mortgage brokers to understand how such industry changes might affect their individual circumstances.

As the situation evolves, we will continue to provide updates to help you navigate the dynamic landscape of home loans in Australia.

Published:Friday, 31st Oct 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Australian Housing Market Experiences Significant Price Surge
Australian Housing Market Experiences Significant Price Surge
08 Nov 2025: Paige Estritori
In October 2025, Australia's housing market witnessed its most substantial price surge in over two years. This remarkable growth is primarily attributed to recent interest rate cuts implemented by the Reserve Bank of Australia (RBA) and supportive government policies aimed at stimulating the property sector. - read more
Reserve Bank of Australia Holds Cash Rate Steady Amid Inflation Worries
Reserve Bank of Australia Holds Cash Rate Steady Amid Inflation Worries
08 Nov 2025: Paige Estritori
In its November 2025 meeting, the Reserve Bank of Australia (RBA) decided to keep the cash rate unchanged at 3.60%. This decision reflects the central bank's cautious approach in light of persistent inflationary pressures and a robust housing market. - read more
Pepper Money Engages in Acquisition Talks with Westpac Over Mortgage Broking Portfolio
Pepper Money Engages in Acquisition Talks with Westpac Over Mortgage Broking Portfolio
08 Nov 2025: Paige Estritori
In a significant development within Australia's financial sector, non-bank lender Pepper Money has entered preliminary discussions to acquire Westpac's mortgage broking portfolio. This move could have far-reaching implications for the home loan market, particularly for borrowers seeking competitive mortgage options. - read more
Pepper Money in Negotiations to Acquire Westpac's Mortgage Broking Portfolio
Pepper Money in Negotiations to Acquire Westpac's Mortgage Broking Portfolio
31 Oct 2025: Paige Estritori
In a significant development within Australia's financial sector, non-bank lender Pepper Money has entered preliminary discussions to acquire Westpac's mortgage broking portfolio. This move could have far-reaching implications for the home loan market, particularly for borrowers seeking competitive mortgage options. - read more
Australia's Inflation Accelerates in Q3 2025, Influencing Interest Rate Expectations
Australia's Inflation Accelerates in Q3 2025, Influencing Interest Rate Expectations
31 Oct 2025: Paige Estritori
Australia's inflation rate has seen a significant uptick in the third quarter of 2025, with consumer prices rising by 1.3%-the largest quarterly increase in two and a half years. This surge has pushed the annual Consumer Price Index (CPI) inflation to 3.2%, surpassing the Reserve Bank of Australia's (RBA) target range of 2-3%. - read more
Click for more Finance News


Home Loans Articles

The Investor's Toolkit: Managing Risks in Investment Property Financing
The Investor's Toolkit: Managing Risks in Investment Property Financing
Welcome to our comprehensive guide on navigating the complexities of investment property financing. In Australia, property investment has long been regarded as a favoured strategy for wealth creation and financial security. However, this path comes with its unique set of challenges and risks that must be carefully managed to ensure a successful investment journey. - read more
Unlocking the Hidden Value of Your Mortgage Offset Account
Unlocking the Hidden Value of Your Mortgage Offset Account
A mortgage offset account is a financial product that allows homeowners to use their savings to reduce the interest charged on their mortgage. It is a transaction account linked to your mortgage, and the balance in this account is offset against your outstanding mortgage balance when calculating interest charges. - read more
Home Loan Refinancing: What You Need to Know
Home Loan Refinancing: What You Need to Know
Welcome to our comprehensive guide on home loan refinancing. Whether you're a first-time homeowner or a seasoned property investor, understanding the ins and outs of refinancing can save you a significant amount of money and anxiety. - read more
Understanding Mortgage Insurance: A Guide for Australian Homebuyers
Understanding Mortgage Insurance: A Guide for Australian Homebuyers
Buying a home is a significant milestone for many Australians, but it often involves securing a mortgage, which can be a complex process. An essential part of this process is understanding mortgage insurance. Mortgage insurance is a type of insurance policy that protects lenders from the risk of defaulting borrowers. - read more
First-Time Homebuyer? Don't Fall for These Costly Errors!
First-Time Homebuyer? Don't Fall for These Costly Errors!
Buying your first home can be one of the most thrilling experiences of your life. The excitement of searching for the perfect place, imagining yourself in different spaces, and the opportunity to create a home you can truly call your own can be incredibly rewarding. - read more


Need Help Finding a Home Loan?
Get your free home loan eligibility assessment and compare offers tailored specifically to your circumstances.
Loan Amount:
Postcode:
All finance quotes are provided free (via our secure server) and without obligation.
We respect your privacy.

Start Here

Get your free Home Loan Eligibility Assessment and compare multiple lender offers via our nation-wide mortgage broker panel.

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a specialist from our national broker referral panel. See our privacy statement for more details.

"Mastering Home Loans: Navigating the Australian Mortgage Market"

FREE DOWNLOAD: Mastering Home Loans: Navigating the Australian Mortgage Market
download it free

Knowledgebase
Subprime Loan:
A type of loan offered to individuals with poor credit scores, typically at a higher interest rate.


This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.