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Better Choice streamlines clawbacks for commercial products

by • 21 Aug 2023

The non-bank lender has removed clawbacks across its commercial lending in a move to assist brokers.

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MyState Bank reveals over 14% home lending growth 

by Josh Needs • 21 Aug 2023
The non-major bank has attributed its loan book growth and customer base expansion to increased broker partnerships in... READ MORE

Marketplace Finance announces a partnership with LMG brokers

by Reporter • 21 Aug 2023
The brokerage has joined the newly launched LMG Commercial Referral Hub, in a move to expand its commercial finance... READ MORE

Bank of Sydney reveals organisational restructure

by Josh Needs • 21 Aug 2023
The lender’s strategic reshuffle has seen two existing and one added team member step into new... READ MORE

SME lender welcomes 2 senior BDMs

by • 18 Aug 2023
As part of its expansion into the NSW market, SME lender Fifo Capital has announced the appointment of two senior... READ MORE

Qudos Bank appoints new CEO

by Josh Needs • 18 Aug 2023
The mutual bank has said the appointed professional has over 20 years of leadership experience in financial... READ MORE

Hot Property: The biggest property headlines from week 14–18 August

by Adrian Suljanovic • 18 Aug 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 18... READ MORE

Resimac launches reduced rate offers for prime products 

by Josh Needs • 17 Aug 2023
The non-bank lender has said the offer would enable brokers to provide their investor clients “much needed financial... READ MORE

ASIC loses case against CBA and Colonial First

by Naomi Neilson • 17 Aug 2023
ASIC failed to overturn a Federal Court finding that the Commonwealth Bank of Australia and Colonial First State did... READ MORE

First-ever Women in Finance Summit launches

by Malavika Santhebennur • 17 Aug 2023
Momentum Media is proud to launch its inaugural Women in Finance Summit, aimed at supporting and connecting leading... READ MORE

National cabinet touts ‘better deal’ for renters

by • 16 Aug 2023
The national cabinet has agreed to implement a cap on rental increases in a bid to support renters’... READ MORE

Non-bank lender ‘cheers on’ Liberty A-League players

by • 16 Aug 2023
As the excitement builds around the Matildas’ remarkable journey in the World Cup, non-bank lender Liberty is backing... READ MORE

Housing solutions, rent caps, centre to national cabinet discussions

by Josh Needs • 16 Aug 2023
Despite the Greens’ demands to place a rent freeze across the nation, the Prime Minister has said the discussions... READ MORE

Dwelling commencements ‘to remain soft’: CBA

by Josh Needs • 16 Aug 2023

CBA has warned dwelling approvals could reach lows not seen since 2011.

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Treasurer welcomes ‘solid’ wage growth amid high inflation

by • 16 Aug 2023
In the face of continued inflationary pressure, federal Treasurer Jim Chalmers has welcomed the uptick in wage... READ MORE

NAB SME business lending up in 3Q23

by Adrian Suljanovic • 16 Aug 2023
The major bank has reported a lift in its small- to medium-sized business lending for the quarter ended 30 June... READ MORE

Banks scale back cashback offers amid easing competition

by • 15 Aug 2023
While a number of providers are continuing to use cashbacks as an incentive for borrowers looking to refinance, nearly... READ MORE

Bendigo and Adelaide Bank reveals increase in resi third-party lending

by Josh Needs • 15 Aug 2023
The group’s third-party banking lending increased to 53 per cent of the non-major’s residential lending in the 2023... READ MORE

AFG and Brighten unveil white label offering

by Reporter • 15 Aug 2023
The aggregator and non-bank lender have unveiled a new range of white labelled products following their recent... READ MORE

RedZed welcomes new managing director

by Adrian Suljanovic • 15 Aug 2023

The non-bank lender has announced the appointment of Calvin Cordle as its new managing director.

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Brokers play a ‘really good role’, says Lowe

by • 14 Aug 2023
In his final address to the house economics committee as RBA governor, Philip Lowe praised brokers for their pivotal... READ MORE

Replacing human intervention would be a ‘demise’: Metro 

by Josh Needs • 14 Aug 2023
In an era marked by technological advancements, striking a balance between technology adaptation and human interactions... READ MORE

Fixed-rate cliff passes the peak: CoreLogic

by • 14 Aug 2023
While the majority of fixed-rate loans created through COVID-19 have expired, arrears remain low, new data has... READ MORE

Top brokers revealed at Australian Broking Awards 2023

by Malavika Santhebennur • 11 Aug 2023
This year’s Australian Broking Awards provided national recognition to the best and brightest in the broking... READ MORE

NAB retains 85% fixed-rate clients amid cliff

by • 11 Aug 2023
The major bank informed brokers that strong retention rates were partly attributed to the robust third-party... READ MORE

Overdue trade invoices and debt collection rising: illion

by Josh Needs • 11 Aug 2023
An increase in the volume of overdue trade invoices and increasing debt collection could be a pointer of economic... READ MORE

Lumi farewells Ahmed Khan, restructures distribution leadership

by Annie Kane • 11 Aug 2023
The fintech lender has confirmed it will restructure its distribution leadership team after its head of sales Ahmed... READ MORE

Brokers see uptick in new refinancing clients: MFAA

by Josh Needs • 10 Aug 2023
Approximately 95 per cent of brokers have seen refinancing borrowers use the channel for the first time, according to... READ MORE

CBA broker flows drop

by Annie Kane • 10 Aug 2023
Mortgage broker originations fell at CBA in the financial year 2023, dropping to below 40 per cent of new CBA... READ MORE

Suncorp reveals broker originations increased to 80%

by • 10 Aug 2023
The third-party channel originated 80 per cent of the non-major bank’s home loans in the financial year 2023, an... 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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