Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Connective announces new state manager for NSW

by Adrian Suljanovic • 8 Feb 2023

The aggregator has announced the appointment of Melanie Griffin as the new state manager for NSW.

Prospa unveils rebrand, launches business accounts

by Reporter • 8 Feb 2023

SME lender Prospa has rolled out a new logo design signifying its “new era in small business financial management... READ MORE

Non-bank lender joins its 3rd aggregator panel

by Adrian Suljanovic • 8 Feb 2023

Bridging loan specialist Bridgit has announced that it has expanded its broker offering through entering a partnership... READ MORE

RBA reveals February cash rate

by Fabian Cotter • 7 Feb 2023

Australia’s central bank has revealed a cash rate hike to start 2023.

Australia’s top brokerage for 2023 revealed!

by Annie Kane • 7 Feb 2023

The leading brokerages in Australia have been revealed in The Adviser’s Top 25 Brokerages 2023 ranking, partnered by... READ MORE

Just 11% of buyers are FHBs: AFG

by Annie Kane • 7 Feb 2023

The proportion of first home buyers has continued to drop, with AFG data finding that just 11 per cent of borrowers... READ MORE

New review considers new mandates for payment terms

by • 7 Feb 2023

An independent review will consider whether mandating “five-day” payment terms on electronic invoices would be... READ MORE

Household Capital expands broker offering

by • 7 Feb 2023

Brokers can now access the government’s Home Equity Access Scheme through Household Capital, following the company's... READ MORE

BCCC re-evaluates bank treatment of guarantors

by Annie Kane • 6 Feb 2023

A new survey gauging the experiences of guarantors has been launched as part of the BCCC’s review into whether banks... READ MORE

NHFIC earmarks $33m for affordable housing in Tassie

by Reporter • 6 Feb 2023

Approximately $31 million in loans and $2 million in grants will be provided by the NHFIC to a community housing... READ MORE

Government makes move to regulate crypto

by Charbel Kadib • 3 Feb 2023

The Albanese government has said it will ramp up regulation of cryptocurrency and trading and establish a set of... READ MORE

Fixed-rate activity at ‘lowest level’, finds AFG

by Annie Kane • 3 Feb 2023

AFG brokers have written a record-low proportion of fixed-rate loans so far this financial year, the aggregator has... READ MORE

‘Tardy payments’ hurt SMEs: ScotPac

by • 3 Feb 2023

SME finance lender has called for improved regulation on payment times as big businesses continue to fall... READ MORE

Wisr hails ‘first profitable quarter’

by Fabian Cotter • 3 Feb 2023

Non-bank lender Wisr has grown its loan book by 62 per cent and recorded its first profitable quarter, it has... READ MORE

Merging financial and home loan advice regimes 'eminently sensible':...

by Fabian Cotter • 2 Feb 2023

Mortgage and financial advice 'should all be together', Allens partner Michelle levy has said.

Mortgage interest charges rose 61.3% for employees in 2022

by Adrian Suljanovic • 2 Feb 2023

The latest data released by the ABS has revealed that rising mortgage rates have particularly affected expenditure for... READ MORE

Nodifi acquires asset finance group

by Annie Kane • 1 Feb 2023

Asset finance services provider Nodifi has acquired an asset and equipment finance group, with its brokers joining... READ MORE

Lending competition tops 2023–24 budget requests: MFAA

by Fabian Cotter • 1 Feb 2023

The federal government has been ‘looped in’ to the increasing value of the mortgage broker and MFAA member needs... READ MORE

Cashbacks encourage spending amid high inflation: Rate Money

by • 1 Feb 2023

While the central bank beats inflation by increasing the cash rate, Rate Money fears lenders’ cashback offers... READ MORE

MONEYME delivers ‘record’ NPAT

by Adrian Suljanovic • 1 Feb 2023

The digital lender has reported $8 million in net profit after tax along with record revenue of $117 million for the... READ MORE

SME lender joins outsource Financial lending panel

by Adrian Suljanovic • 1 Feb 2023

ASX-listed company N1 Holdings Limited has announced that it has joined the aggregator’s lending panel, making it... READ MORE

Banks mortgage book hit more than $2tn in December: APRA

by • 1 Feb 2023

Mortgage lending continued to lift in December across owner-occupied and investor lending, new APRA data has... READ MORE

Government to rely on monetary policy to curb inflation

by • 31 Jan 2023

The Treasury has tipped that the government won’t lean on ‘taxes and transfers’ to scale back rising inflation... READ MORE

Federal budget running ‘well ahead of expectations’

by Jon Bragg • 31 Jan 2023

The budget position is improving quickly according to economists at CBA.

Brisbane’s record falls can’t erase rapid pandemic price gains

by Kyle Robbins • 31 Jan 2023

Just over seven months after prices peaked, the Queensland capital has recorded its swiftest and largest decline... READ MORE

ANZ to donate $50k towards flood relief

by Adrian Suljanovic • 31 Jan 2023

The major bank has announced that it will donate $50,000 to assist flood-affected communities of Derby and Fitzroy... READ MORE

Mortgage Choice announces new state manager for SA/NT

by Adrian Suljanovic • 30 Jan 2023

The brokerage and aggregator has appointed Ben Livera as its new state manager for South Australia and Northern... READ MORE

ACCC deputy chair’s 3 decades formally close

by Fabian Cotter • 30 Jan 2023

Anti-scam stalwart Delia Rickard has formally left her role with the independent Commonwealth statutory... READ MORE

BNK settlements drop as it pivots to SME lending

by Annie Kane • 30 Jan 2023

The ASX-listed banking group’s settlements dropped 44 per cent in 2Q23 as the bank pivoted to “higher margin SME... READ MORE

More young Aussies would buy a home with their mates: NAB

by Fabian Cotter • 30 Jan 2023

Friendship could be the ‘new frontier’ for how young Australians help each other get onto the tough property... READ MORE

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