Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Home loans amongst fewest complaints: AFCA

by Josh Needs • 28 Jul 2023

While financial complaints rose by more than a third in the financial year 2023, home loan grievances were below...READ MORE

Founding MFAA member receives life membership

by • 28 Jul 2023

One of the founders of the Mortgage Bankers Association of Australia (which later became the MFAA) was honoured last... READ MORE

Keystone Capital appoints national fund manager

by Reporter • 28 Jul 2023

The non-bank lender has welcomed Steve Lawrence to the team as national fund manager.

Hot Property: The biggest property headlines from week 24–28 July

by Adrian Suljanovic • 28 Jul 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 28... READ MORE

Second major bank changes clawback policy

by Annie Kane • 27 Jul 2023

A big four bank has confirmed that it will be reducing its clawback structure by six months for all consumer mortgages... READ MORE

Retention vital to protecting trail commission: Broker

by Adrian Suljanovic • 27 Jul 2023

A solid client retention strategy is key to ensuring that brokers can maintain a healthy income, a broker has... READ MORE

Earlypay appoints 4 managers

by Josh Needs • 27 Jul 2023

The new starters at the SME lender will help the non-bank ‘build out’ its offerings and networks, it has... READ MORE

CreditorWatch warns of ‘steep increase’ in defaults

by • 27 Jul 2023

The credit reporting agency has raised concerns over a significant rise in insolvencies, particularly in the... READ MORE

Mortgage arrears highest in outer regions of capitals: S&P

by Annie Kane • 26 Jul 2023

The south-west of Sydney has the highest home loan arrears of any capital city, according to new data from S&P... READ MORE

Alex Bank settlements rise 94%

by Adrian Suljanovic • 26 Jul 2023

The digital bank has reported its “strongest year” in its financial year 2023 results, driven by continued broker... READ MORE

ANZ-Suncorp merger decision extended again

by • 26 Jul 2023

The major bank has agreed to grant the ACCC one additional week to deliver a final decision on the... READ MORE

SMEs struggling with delayed invoice payment hurdle: Moneytech

by Adrian Suljanovic • 26 Jul 2023

The non-bank business lender has identified slowed invoice payments as a major issue facing SMEs during the new... READ MORE

Brokers needed amid economic slowdown: NAB

by • 25 Jul 2023

More borrowers are turning to brokers as economic uncertainty persists, NAB’s latest trend report for brokers has... READ MORE

AFG launches reduced buffer home loan

by Annie Kane • 25 Jul 2023

AFG’s in-house lending division has rolled out a mortgage with a 1 per cent serviceability buffer for certain... READ MORE

Resimac announces leadership changes

by Josh Needs • 25 Jul 2023

The non-bank lender’s revamped strategy will see several senior leadership positions expanded in a bid to improve... READ MORE

CDR opens for small businesses

by • 25 Jul 2023

Treasury has approved CDR rules for businesses, giving new rights to commercial brokers.

LMG appoints new executive

by Adrian Suljanovic • 24 Jul 2023

The aggregator has appointed Louise Rainger to head up its Brokerversity platform and oversee other broker learning... READ MORE

TP24 secures $585m global debt deal, eyes Aussie growth

by Annie Kane • 24 Jul 2023

Around a third of the $585 million will go towards growing the Australian SME lending business, the chief executive of... READ MORE

Finsure white label offering rebranded

by Reporter • 24 Jul 2023

Finsure Group has announced it has rebranded its white label offering Myloan to Finsure Loans.

Perth broker becomes first person to solo row from Australia to Africa

by Annie Kane • 21 Jul 2023

Strawberry Finance broker Rob Barton has completed his Guinness World Records challenge of being the first person to... READ MORE

Mortgage Ezy removes clawbacks for 80% of products

by • 21 Jul 2023

The non-bank lender has expanded its clawback policy for the third-party channel.

Borrowers explore repayment options

by • 21 Jul 2023

More borrowers are opting for minimum repayments as the interest rate peak nears.

Lumi raises $15m from new strategic investor

by Adrian Suljanovic • 21 Jul 2023

The SME lender has completed a $15 million capital raise, intended on accelerating the company’s growth.

Hot Property: The biggest property headlines from week 17–21 July

by Adrian Suljanovic • 21 Jul 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 21... READ MORE

Brokers to brace for another surge in house demand: CoreLogic

by • 20 Jul 2023

While investor lending has been declining amid rising rates, new data shows a bounce-back in purchases, presenting new... READ MORE

Borrowers seek green products as energy prices soar: QBE

by • 20 Jul 2023

As Australians grapple with rising energy costs home owners are looking for ways to increase energy efficiency in their... READ MORE

Jason Yetton to become CEO of consumer banking at Westpac

by Annie Kane • 19 Jul 2023

The big four bank has announced a major restructuring, including appointing two separate heads to lead its business and... READ MORE

Smaller bank turnarounds at slowest level in 13 months: Broker Pulse

by Malavika Santhebennur • 19 Jul 2023

The time taken to reach an initial credit decision at the smaller banks increased last month to the highest level in... READ MORE

AFG brokers’ refinancing activity at 6-year high

by Adrian Suljanovic • 19 Jul 2023

Refinancers made up a third of mortgages lodged by the aggregator’s broker network.

Plenti loan portfolio up by 32% in 4Q23

by Adrian Suljanovic • 19 Jul 2023

The personal lender’s loan portfolio rose for the quarter ended 30 June 2023.

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