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Breaking News
Association heads lament BOQ ‘pause’
by Annie Kane • 26 Aug 2024
Brokers will be frustrated by the bank’s move to pause third-party distribution for home loans, the FBAA and MFAA...
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Scam Awareness Week urges vigilance
by Ben Squires • 26 Aug 2024
The annual scam awareness campaign has started, acting as a reminder that lenders, borrowers, and brokers can never be...
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Major banks reducing rates out of cycle
by Annie Kane • 23 Aug 2024
Australia’s largest lender has dropped some of its variable rates out of cycle, as other majors make tweaks to their...
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BOQ ‘pauses’ broker channel for home loans
by Annie Kane • 23 Aug 2024
The lender will “pause” new home loan business from the broker channel from the end of this month as it moves to...
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Broker population hits new high
by Annie Kane • 23 Aug 2024
There are now more mortgage brokers than ever, with new stats showing a 3.3 per cent increase in the broker...
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BOQ announces major restructure
by Ben Squires • 23 Aug 2024
The non-major lender has made major changes to its structure, including hundreds of job cuts, as it changes strategy to...
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Submissions open for brand-new Commercial Finance Awards 2024
by Malavika Santhebennur • 23 Aug 2024
The Adviser is pleased to launch the inaugural awards, which champion members of the commercial finance industry.
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‘I want to hear from brokers the most’ for housing inquiry:...
by Annie Kane • 22 Aug 2024
EXCLUSIVE The chair of the Senate’s new inquiry into home ownership has said he wants to hear from brokers ‘the...
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MA Financial to acquire ≤$1bn in asset finance loans
by Ben Squires • 22 Aug 2024
The asset manager has signed a strategic partnership to acquire up to $1 billion of commercial asset finance loans.
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Brighten appoints new senior BDM for Victoria
by Ben Squires • 22 Aug 2024
The non-bank lender’s new appointment comes in response to strong demand for finance in the Victorian market.
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Should we have gender quotas in financial services?
by Malavika Santhebennur • 22 Aug 2024
An executive at the Institute of Public Accountants has suggested that a discussion around the need for gender quotas...
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‘Focus on trust and stay at it’, Bouris and Symond tell brokers
by Annie Kane • 21 Aug 2024
Broking legends Mark Bouris and James Symond have put forward their top advice for broker success at National Finance...
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Is the Great Australian Dream ‘dead’?
by Annie Kane • 21 Aug 2024
The Greens have claimed the Australian dream of home ownership “is dead” after new data suggests the top 10...
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Metro Finance names new CEO
by Ben Squires • 21 Aug 2024
The new CEO steps into the top job after more than a decade of service at the asset finance provider.
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Non-bank boosts leadership team with executive appointments
by Ben Squires • 21 Aug 2024
Newly formed leadership roles have been announced at the non-bank to bolster its support to the broker channel.
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ORDE launches Residential Construction loans
by Reporter • 21 Aug 2024
Non-bank lender ORDE Financial has added a new Residential Construction product for borrowers looking to build new...
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Major bank launches new home loan for sustainable upgrades
by Ben Squires • 20 Aug 2024
Brokers will be able to write a new major bank loan from next week that gives borrowers up to $50,000 for ‘green’...
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Bendigo now available through Australasia’s largest aggregator
by Annie Kane • 20 Aug 2024
Thousands of LMG brokers are now able to offer Bendigo Bank-branded mortgages for the first time, as the lender...
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Real-time settlement tracker opens to brokers
by Annie Kane • 20 Aug 2024
PEXA has teamed up with a major aggregation group to offer brokers real-time updates on settlements, thereby reducing...
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ASIC extends reference checking protocol to mortgage aggregators
by Annie Kane • 19 Aug 2024
Mortgage aggregators will be able to obtain references on mortgage brokers from 20 August following legislative...
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Brokers will ‘absolutely be the predominant channel’ if MyState...
by Annie Kane • 19 Aug 2024
The third-party channel will continue to be the channel of choice for MyState/Auswide if their newly announced merger...
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Why it’s ‘premature’ to be thinking about rate cuts
by Annie Kane • 19 Aug 2024
The RBA governor has reaffirmed that it is ‘premature to be thinking about rate cuts’, telling the standing...
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Arrears start to rise at major banks
by Ben Squires • 19 Aug 2024
The home loan arrears rates are increasing at the major banks, as high interest rates and cost-of-living pressures...
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Aggregator bolsters Victorian team ahead of expansion
by Annie Kane • 19 Aug 2024
The former head of sales at a commercial fintech has joined Viking Aggregation as its new regional manager, residential...
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Industry bodies set out wish list for Senate home ownership inquiry
by Annie Kane • 16 Aug 2024
Reducing deposit sizes and re-examining stamp duty should form part of the Senate’s new home lending inquiry,...
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