Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Basiq and Cuscal enter acquisition agreement

by Reporter • 13 Mar 2023

The two companies have entered a binding agreement, with Cuscal acquiring a controlling interest in Basiq.

CSLR introduced to Parliament

by James Mitchell • 13 Mar 2023

The implementation of a Compensation Scheme of Last Resort (CSLR) has moved closer after the bill was reintroduced to... READ MORE

ANZ hit with $10m fine

by James Mitchell • 10 Mar 2023

The major bank has been penalised $10 million by the Federal Court in relation to its Home Loan Introducer... READ MORE

‘Year of opportunity’ for commercial brokers in 2023: NAB

by Adrian Suljanovic • 10 Mar 2023

The major bank has made its predictions on the trends in commercial broking for the year.

Hot Property: The biggest property headlines from week 6–10 March

by Adrian Suljanovic • 10 Mar 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10... READ MORE

Winners of Better Business Awards 2023 revealed in WA

by Malavika Santhebennur • 10 Mar 2023

The leading lights of the Western Australian broking industry were rewarded for their achievements at the 10th annual... READ MORE

Mortgage payments to reach ‘record high’, warns RBA

by James Mitchell • 9 Mar 2023

Following this week’s rate hike, RBA governor Philip Lowe has warned that mortgage payments will reach a record high... READ MORE

Listed lender restates revenue following ASIC review

by James Mitchell • 9 Mar 2023

An ASX-listed non-bank lender has seen its profit fall 37 per cent after a review by the corporate regulator.

Non-bank lender to offer mortgage cliff relief

by Adrian Suljanovic • 9 Mar 2023

Wave Money has announced they will provide relief measures for fixed-rate borrowers facing the looming mortgage... READ MORE

Major bank criticised over regional bank closures

by Jon Bragg • 9 Mar 2023

A Senate committee has inquired the big four major banks over the issue of regional bank closures.

Major bank launches loans for female-led SMEs

by Annie Kane • 8 Mar 2023

New start-up and scale-up loans have been announced by a big four bank to support more women in launching and growing... READ MORE

Ebury recruits new state manager

by Reporter • 8 Mar 2023

The trade finance fintech has appointed Callum Box as its new Queensland state manager.

NSW Shadow Finance Minister open to payroll tax moratorium: FBAA

by Annie Kane • 7 Mar 2023

Following meetings with members of industry last week, NSW’s Shadow Minister for Finance has “committed to place a... READ MORE

COG net assets up 9% in 1H23

by Adrian Suljanovic • 7 Mar 2023

The finance broking and aggregation arm of the asset finance group saw “record volumes” in assets financed for the... READ MORE

RBA ups cash rate for 10th consecutive month

by Adrian Suljanovic • 7 Mar 2023

For the second time in 2023, the Reserve Bank has moved to lift the official cash... READ MORE

NSW brokers urged to write to MPs over payroll tax

by Annie Kane • 6 Mar 2023

The industry association has launched a range of resources to help brokers “take action” on the issue of Revenue... READ MORE

AMP rolls out fast refinancing solution for brokers

by Fabian Cotter • 6 Mar 2023

The non-major bank has adopted an enhanced version of FASTRefi to help brokers and their customers refinance more... READ MORE

Brokers account for 90% of new originations: Alex Bank

by Adrian Suljanovic • 6 Mar 2023

The digital challenger bank has reported rapid loan growth coming from the broker channel between January and... READ MORE

Wisr loan book up 62%

by Reporter • 6 Mar 2023

The non-bank lender has reported a rise in its loan book during the first half of the financial year 2023.

N1 Holdings reports drop in SME lending 1H23

by Reporter • 6 Mar 2023

The group’s half-year results, ended 31 December 2022, showed a $5 million drop in new commercial lending, compared... READ MORE

‘Disaster’: Bouris says payroll tax will kill broking

by James Mitchell • 3 Mar 2023

EXCLUSIVE Industry veteran Mark Bouris has slammed the NSW government’s plans to impose a massive payroll tax on the... READ MORE

Top brokers in Qld revealed at Better Business Awards 2023

by Malavika Santhebennur • 3 Mar 2023

The best and brightest in the Queensland broking industry were recognised at the 10th annual Better Business... READ MORE

Great Southern champions brokers in 1H23 loan growth

by Fabian Cotter • 3 Mar 2023

Onboarding 2,000 mortgage brokers has boosted its first-half loan book, the customer-owned bank has confirmed.

Holden Capital opens up lending arm

by • 3 Mar 2023

The lending arm of the commercial brokerage is expanding its broker offering, after appointing a new head of... READ MORE

Hot Property: The biggest property headlines from week 27 February to...

by Adrian Suljanovic • 3 Mar 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 3... READ MORE

Why more brokers need a nurture strategy for existing clients

by Malavika Santhebennur • 3 Mar 2023

Existing clients are a broker’s “low hanging fruit” that should be proactively nurtured, sales coach Abbie White... READ MORE

Renee Tocco buys back Loanezi from Prospa

by Annie Kane • 2 Mar 2023

Queensland-based brokerage Loanezi has been sold back to its founder Renee Tocco less than two years after it was sold... READ MORE

Finsure partners with CitoPlus

by Adrian Suljanovic • 2 Mar 2023

The mortgage aggregator has launched a partnership with CitoPlus to facilitate easier and faster SME loan... READ MORE

Assetline joins LMG and Loan Market panel

by James Mitchell • 2 Mar 2023

Alternative lender Assetline has joined the lending panel of Loan Market and LMG, providing a wide range of commercial... READ MORE

MONEYME reports new loans fell 45% in 1H23

by • 2 Mar 2023

The digital lender has reported a fall in originations as it shifted its business strategy to tighten credit criteria... READ MORE

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