Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Fringe lending practices in ASIC’s sights

by Fabian Cotter • 4 Nov 2022

Mortgage stress could lead consumers to seek out fringe lending practices, now a particular area of ASIC’s...READ MORE

Yellow Brick Road enters agreement with Servian

by Reporter • 4 Nov 2022

Yellow Brick Road Home Loans has announced that it has signed an agreement with a Cognizant company, Servian.

Winners revealed for Women in Finance Awards 2022

by Malavika Santhebennur • 3 Nov 2022

There were 29 winners at this year’s Women in Finance Awards, including five from the broking... READ MORE

Newcastle Permanent-Greater Bank merger approved by members

by Annie Kane • 3 Nov 2022

Members of the two banks have green-lit their merger, with Newcastle Greater Mutual Group Ltd set to come into being... READ MORE

Black economy targeted in ABN tax reform

by Fabian Cotter • 3 Nov 2022

Proposed annual ABN changes enmeshed in tax compliance are “fair and reasonable”, the FBAA has... READ MORE

Mortgage broking ‘under threat’ from disruption: Broker

by Malavika Santhebennur • 3 Nov 2022

Mortgage broking is in a state of flux as home loans become more automated, but that does not have to spell doom, a... READ MORE

Nectar Group appoints new Melbourne-based BDM

by Adrian Suljanovic • 3 Nov 2022

The Nectar Group has announced the recruitment of a new Melbourne-based national business development... READ MORE

Non-bank lender rebrands following acquisition

by Annie Kane • 2 Nov 2022

MKM Capital has unveiled a new name and branding as it moves to more closely align with its new parent company, MA... READ MORE

Govt allocates $877m for flood-affected businesses

by Adrian Suljanovic • 2 Nov 2022

The federal and Victorian governments have announced an $877 million recovery support package to support businesses... READ MORE

Only 1 Aussie region bucked October’s nationwide decline trend:...

by Grace Ormsby • 2 Nov 2022

Just one Aussie region maintained its market resilience over the last month.

RBA calls 2.85% November cash rate

by Fabian Cotter • 1 Nov 2022

Mortgage holders brace for further repayment pain as the November cash rate has jumped to 2.85 per cent.

Cash rate to surpass 4% in next year: survey

by Fabian Cotter • 1 Nov 2022

Cash rate increases will impact consumer spending habits more than mortgage repayments and property costs, Joust has... READ MORE

Macquarie loan book grew 13% in 6 months

by Annie Kane • 1 Nov 2022

The lender’s mortgage portfolio grew by 13 per cent in the six months to September 2022, pushing over $101 billion,... READ MORE

2 in 3 FHBs will say no to stamp duty, says NSW government

by Grace Ormsby • 1 Nov 2022

Up to two-thirds of first home buyers will choose to pay a smaller annual property fee rather than forking out for... READ MORE

Home loans most common breach report: ASIC

by Fabian Cotter • 31 Oct 2022

A quarter of all breach reports relating to products were about mortgages, according to ASIC’s first Reportable... READ MORE

Lendi Group settled $33.6bn in FY22

by Annie Kane • 31 Oct 2022

In its first full financial year as a merged group, Lendi Group — comprising brokerages Lendi and Aussie — settled... READ MORE

MFAA board members voting opens

by Adrian Suljanovic • 31 Oct 2022

The MFAA has received a record number of 19 nominations for the MFAA board, with three director positions becoming... READ MORE

80% of home owners prioritise loan flexibility: CBA

by Adrian Suljanovic • 31 Oct 2022

Flexibility in a mortgage is among the top priorities for mortgagors, according to the Commonwealth Bank of... READ MORE

Service proposition to brokers ‘really important’: ANZ

by Fabian Cotter • 28 Oct 2022

ANZ’s “restored momentum” in its home loans should give brokers approval confidence “within a certain... READ MORE

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

by Adrian Suljanovic • 28 Oct 2022

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

In case you missed it (week ending 28 October)

by • 28 Oct 2022

In case you missed it... ANZ announced a digital home loan “pilot”, the federal budget throws support to SMEs, NAB... READ MORE

What’s in the budget for small-business owners?

by Annie Kane • 27 Oct 2022

The Labor government’s first budget has earmarked more than $15 million to support Australian small businesses and... READ MORE

Prospa flags ‘opportunity’ for brokers to help SMEs

by Fabian Cotter • 27 Oct 2022

Record first-quarter revenue and originations results demonstrate that “high demand for funds continues,” Prospa... READ MORE

1Q23 loan originations up 41% annually: Wisr

by Fabian Cotter • 27 Oct 2022

Sydney-based lender Wisr has reported $186 million in new loan originations (pcp) and overall protected its net... READ MORE

Westpac Group to join Home Guarantees

by • 26 Oct 2022

Westpac has announced it will be able to help more home buyers into the market from mid-next year.

Industry welcomes Labor’s budget 2022–23

by Annie Kane • 26 Oct 2022

Members of industry have welcomed the Australian Labor Party’s first budget, particularly applauding its focus on... READ MORE

MFAA sets out wishes for CSLR regime

by Fabian Cotter • 26 Oct 2022

Low incidences of CSLR claims mean broker levies should be commensurately lower, too, the MFAA has said.

Aquamore welcomes new NSW BDM

by Adrian Suljanovic • 26 Oct 2022

The private lender has announced the appointment of Candice Lee as its new business development manager for... READ MORE

Labor unveils affordable housing push in budget 2022–23

by Annie Kane • 25 Oct 2022

The federal Treasurer has pledged to bring online a million more houses, with affordable housing a key element of its... READ MORE

Labor to tighten spending amid whopping deficit

by • 25 Oct 2022

The federal Treasurer Jim Chalmers has conceded his first budget will need to cut spending to draw down its more than... READ MORE

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