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Brokers must adjust to growing financial strain on borrowers

by Will Paige • 20 Feb 2025

Rising levels of financial stress are changing the role of brokers, according to research from Wisr.

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Finsure expands broker support operations

by Ben Squires • 20 Feb 2025
The aggregation group’s global expansion has been designed to provide extra support for its growing broker... READ MORE

Newly merged banking group announces new leaders

by Annie Kane • 19 Feb 2025
A new management team has been unveiled as the merger of MyState Bank and Auswide Bank officially... READ MORE

Expected surge in refinancings could unlock broker opportunities

by Will Paige • 19 Feb 2025
More than half of mortgagors plan to refinance in the next two years to take advantage of rate cuts, according to FBAA... READ MORE

Lenders confirm they will pass through rate cuts

by Annie Kane • 18 Feb 2025
Major banks and several other lenders have already announced that they will pass through the full 25-bp rate cut to... READ MORE

RBA cuts cash rate for first time in 4 years

by Will Paige • 18 Feb 2025
The central bank has revealed in its first meeting of the year that it will drop the cash rate for the first time since... READ MORE

Majority of mortgagors won’t change repayment amounts

by Annie Kane • 18 Feb 2025
More than two-thirds of borrowers intend to maintain their current repayment amounts even as interest rates... READ MORE

Bank reveals which rates would trigger ‘considerable’ home buying

by Annie Kane • 18 Feb 2025
Great Southern Bank has plotted the critical interest rates at which more buyers will begin looking in earnest at... READ MORE

Lenders tipping rate cut at today’s RBA meeting

by Ben Squires • 18 Feb 2025
Market consensus has the RBA delivering its first interest rate cut since November 2020 today, but some economists... READ MORE

Westpac offers multiple offsets, tweaks rates as competition rises

by Annie Kane • 18 Feb 2025
Borrowers can now access up to 10 offset accounts and tweaked rates at Westpac, as the major bank chases growth in an... READ MORE

Prime Capital launches ‘jumbo’ business loan

by Annie Kane • 18 Feb 2025
Businesses can now borrow up to $25 million in business finance from the non-bank, as the lender identifies... READ MORE

Industry split over government ban on foreign buyers of existing homes

by Will Paige • 17 Feb 2025
Politicians and brokers are divided on whether the Albanese government’s two-year ban on foreign investors buying... READ MORE

AMP Bank book shrank in FY24 but broker flows growing

by Annie Kane • 17 Feb 2025
While the non-major’s loan book shrank in the financial year 2024, its mortgage book returned to growth in the second... READ MORE

Smartmove promotes 4 to new exec roles in regional growth push

by Will Paige • 17 Feb 2025
The mortgage brokerage has created four new leadership roles amid a broader push to grow its regional presence and... READ MORE

HSBC joins Hai Money’s lender panel

by Will Paige • 17 Feb 2025

Sub-aggregation group Hai Money has welcomed the non-major bank to its lender panel.

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Unlock the secrets to business growth at the Better Business Summit...

by Arabella Walton • 17 Feb 2025
A former broker and the current director of coaching business Auctus Coaching, Christian Paterson, will reveal the... READ MORE

Brokers urged to be proactive amid rate cut speculation

by Ben Squires • 14 Feb 2025
Brokers are being encouraged to review the lending landscape before the February rate decision, as more lenders reduce... READ MORE

Brokers have their say on student debt lending changes

by Will Paige • 14 Feb 2025
Members of the industry have tentatively welcomed the move by the Treasury to change how lenders treat student debt,... READ MORE

APRA clarifies presale stance for construction loans

by Annie Kane • 14 Feb 2025
The prudential regulator has written to banks to clarify its position on presales requirements following a request from... READ MORE

Investment home loans fall for first time in almost 2 years

by Will Paige • 14 Feb 2025
The number of new investment loans for dwellings fell in the December 2024 quarter, the first drop since the March... READ MORE

Hot Property: The biggest property headlines from the week 10–14...

by Ben Squires • 14 Feb 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 14... READ MORE

Younger home buyers face the brunt of delays and setbacks

by Will Paige • 13 Feb 2025
Almost all Generation Z borrowers face challenges when buying a home, according to Mortgage Choice, which has called... READ MORE

Personal lending hits new record high

by Annie Kane • 12 Feb 2025
The value of personal loans hit a new high in the December quarter of 2024, according to new statistics, with brokers... READ MORE

CBA broker flows continue to fall

by Will Paige • 12 Feb 2025
The proportion of broker-originated loans dropped once again at Australia’s largest lender, with two-thirds of home... READ MORE

Major changes to HECS home loan rules

by Ben Squires • 12 Feb 2025
The Treasurer has instructed the regulators to update their guidance to make it easier for those with student debt to... READ MORE

Industry welcomes research showcasing value of brokers

by Annie Kane • 12 Feb 2025
Members of the mortgage and finance broking industry have welcomed new Deloitte research showcasing the value of the... READ MORE

Housing issues grow in importance for voters as election looms

by Will Paige • 12 Feb 2025
Housing-related issues, including affordability concerns, are becoming increasingly important to voters as another... READ MORE

What is the value of the mortgage and finance broking industry?

by Annie Kane • 11 Feb 2025
Brokers contribute more than $4 billion to the economy, improve lending competition, help borrowers access lower rates... READ MORE

Shadow assistant treasurer calls for CSLR and serviceability buffer...

by Will Paige • 11 Feb 2025
Liberal Senator Luke Howarth has called for reforms into the CSLR and serviceability buffer, warning that both are... READ MORE

Broker lodges petition to hold property valuers to account

by Will Paige • 11 Feb 2025
A broker has lodged a petition in Parliament calling for property valuations to be better regulated, given... READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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