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Credit card demand increases as mortgage demand drops

by • 4 May 2023

Consumers are taking on “more credit” than they can afford, a new report highlights.

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Mortgage holders are ‘on the brink’, FBAA warns

by • 3 May 2023
Mortgage holders are working more and spending less, as interest rate rises and inflation begins to take a toll on... READ MORE

Pepper prices $675m RMBS

by Reporter • 3 May 2023

The non-bank lender has priced its second public securitisation in 2023.

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Adelaide Bank scraps upfront fees

by Reporter • 3 May 2023
The bank has indefinitely removed upfront home loan fees for new customers, reducing the cost of its mortgage by around... READ MORE

Mortgage Choice appoints head of broker growth

by Adrian Suljanovic • 2 May 2023

Timothy Schneider has been appointed as Mortgage Choice’s head of broker growth.

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MFAA welcomes 2 new state managers

by Adrian Suljanovic • 2 May 2023
The Mortgage and Finance Association of Australia has appointed Bob Masalkovski and Maree Maditianos as new state... READ MORE

RBA resumes rate rampage

by Adrian Suljanovic • 2 May 2023

Mortgagor rate relief ruined as the Reserve Bank lifts rates for the 11th time in a year. 

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Zip Business to close

by Annie Kane • 1 May 2023
After slimlining its product offering last year, the SME lender has now begun a full ‘winding down’ of its... READ MORE

Home Guarantee Scheme to expand from 1 July

by Annie Kane • 1 May 2023
More people will be able to access the Home Guarantee Scheme in the new financial year, as the government announces a... READ MORE

Bank launches ‘mortgage broking financing’ offering

by Annie Kane • 1 May 2023
Brokers can now access funding specifically aimed at helping them grow their business as part of a non-major bank’s... READ MORE

APRA buffer ‘unfair trap’ for mortgagors, CEO says

by Adrian Suljanovic • 1 May 2023
Rate Money chief executive Ryan Gair has called for the removal of APRA’s loan serviceability buffer as the... READ MORE

Pepper notes slowdown in mortgage applications

by Annie Kane • 1 May 2023
The non-bank lender saw the volume of mortgage applications drop 36 per cent in the 12 months to March 2023, as home... READ MORE

Lenders welcome move to ban credit cards for online gambling

by Annie Kane • 1 May 2023
The banking industry has welcomed the news that the federal government will ban the use of credit cards for online... READ MORE

SME confidence ‘negative’ in Q1 despite resilience

by Adrian Suljanovic • 1 May 2023
A major bank’s quarterly survey on small and medium-sized enterprises has revealed business confidence has remained... READ MORE

SMEs switch to non-banks during trying times

by • 28 Apr 2023
Despite many small- to medium-sized businesses making plans for growth, tightened lending conditions are encouraging... READ MORE

SME lender reports rise in originations for 3Q23

by Adrian Suljanovic • 28 Apr 2023
Prospa Group Limited has released a trading update for the quarter ended 31 March 2023, reporting lifts in originations... READ MORE

Aggregator appoints new state director

by Adrian Suljanovic • 28 Apr 2023

Trent Clyne has been appointed to the role of state director for Loan Market’s Queensland network.

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

by Adrian Suljanovic • 28 Apr 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 28... READ MORE

CDR action initiation would benefit brokers, FBAA tells Senate

by Annie Kane • 27 Apr 2023
Expanding the Consumer Data Right to give brokers ‘action initiation’ privileges would benefit mortgage borrowers,... READ MORE

Submissions open for Australian Broking Awards 2023

by Malavika Santhebennur • 27 Apr 2023
Nominations and submissions have opened for this year’s Australian Broking Awards, run with the support of principal... READ MORE

Cyber attack to weigh on non-bank lender’s bottom line

by • 27 Apr 2023

A non-bank lender has acknowledged the major impact of a cyber attack last month on the company.

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Brighten launches bridging loan product

by Adrian Suljanovic • 27 Apr 2023
A non-bank lender has introduced its new short-term bridging loan product aimed at alleviating pain points associated... READ MORE

Brokers flocked to major banks in March: Broker Pulse

by Malavika Santhebennur • 26 Apr 2023
The proportion of brokers recommending the big four to their clients rose to its second-highest level on record,... READ MORE

MFAA launches new digital marketing e-book

by Adrian Suljanovic • 26 Apr 2023
The Mortgage and Finance Association of Australia has released a new digital guide helping brokers build an effective... READ MORE

AI could help improve energy efficiency for Australian homes

by Reporter • 26 Apr 2023
CoreLogic, in collaboration with the national science agency, CSIRO, is trialling a new artificial intelligence system... READ MORE

WCFF appoints 3 new board members

by • 26 Apr 2023
The Women’s Commercial Finance Forum has appointed three new directors to continue supporting women in commercial... READ MORE

Firstmac receives $40m green loan investment

by Adrian Suljanovic • 24 Apr 2023
A non-bank lender has received a $40 million investment by the CEFC to provide discounted finance for its retail green... READ MORE

Victorian government compensates Porter Davis collapse victims

by Annie Kane • 24 Apr 2023
Home owners impacted by the Porter Davis collapse may be eligible for compensation as part of a new initiative from the... READ MORE

Zarko Jokic joins Credit Fix Solutions

by Annie Kane • 24 Apr 2023
The former MFAA state manager for NSW/ACT, Zarko Jokic, has joined the credit repair company as its inaugural industry... READ MORE

LMG appoints new exec member

by Reporter • 24 Apr 2023
Cherie Bell has joined the aggregator’s executive team, tasked with unlocking more revenue opportunities for... READ MORE
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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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