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Personal lender Alex Bank becomes full bank
by Annie Kane • 21 Dec 2022

Brokers will now have access to a new bank, as APRA has granted a full banking licence to a neobank. 

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Elders joins PCF Group
by • 21 Dec 2022
Elders’ national network of brokers will aggregate under Choice, as the agribusiness specialist joins PCF... READ MORE

Criminal proceedings against CBA dismissed
by Annie Kane • 20 Dec 2022
The Federal Court has dismissed criminal proceedings brought against CBA after finding they were statute... READ MORE

Broker-borrower digital loan disparity widens
by • 20 Dec 2022

While borrowers’ expectations for digital loan applications have increased, brokers’ uncertainty persists.

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Aussie brokers begin transition to Lendi Platform
by Reporter • 20 Dec 2022
The first swathe of Aussie brokers has begun migrating onto the Lendi Platform, as the group ramps up its move to an... READ MORE

ASIC industry costs $2.2m less than forecast
by Annie Kane • 19 Dec 2022
A total of $8.676 million will be charged to credit intermediaries to cover ASIC’s regulatory costs for the year,... READ MORE

Almost 60% of Aussies believe mortgage brokers are expensive
by • 19 Dec 2022
The common misconception that mortgage brokers charge a hefty fee is pertinent in Australia, a new report by Pepper... READ MORE

Business gearing up for holiday trade: NAB data
by Adrian Suljanovic • 19 Dec 2022
The major bank has revealed a surge in businesses using working capital lending to stock up on popular holiday... READ MORE

ING pays over $53k for alleged CDR failures
by Annie Kane • 16 Dec 2022
ING Bank (Australia) has paid $53,280 in penalties for allegedly missing open banking deadlines and making “a... READ MORE

ANZ ‘confident’ over Suncorp deal
by • 16 Dec 2022
Eager to enter the “fast-growing” Queensland market, ANZ’s chairman, Paul O’Sullivan, was hopeful the Suncorp... READ MORE

Large ADI turnarounds fastest on record: Broker Pulse
by Malavika Santhebennur • 16 Dec 2022
Turnaround times dropped to four days in November at the large banks, with most lenders in the segment either holding... READ MORE

Hot Property: The biggest property headlines from week 12-16 December
by • 16 Dec 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 16... READ MORE

Westpac chairman announces departure after 2-year tenure

by • 15 Dec 2022

Westpac chairman, John McFarlane, has advised shareholders that he intends to retire at the end of next year.

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Loan Market WA leadership team strengthened with new hire
by Adrian Suljanovic • 15 Dec 2022
Western Australian financial services sector executive, Renee Dewar, has joined the Western Australian leadership team... READ MORE

CAFBA honours Mike Felton with Service to Industry award

by Reporter • 15 Dec 2022
The broker association has honoured the work of former MFAA chief executive officer, Mike Felton, with a Service to the... READ MORE

Broker-rapper hack underscores ‘closer client contact’ need
by Fabian Cotter • 14 Dec 2022
The alleged email hack of a Sydney Northern Beaches broker has further underlined the importance of close client... READ MORE

Proportion of female brokers drops to new low
by Annie Kane • 14 Dec 2022
The proportion of brokers identifying as female dropped to 25.5 per cent in the six months to March, the lowest figure... READ MORE

Digital lender joins Nectar’s lending panel
by Adrian Suljanovic • 14 Dec 2022
WLTH has entered a new partnership with the broking franchise, expanding its broker network and product suite to over... READ MORE

TFF records mixed results on increased SME lending
by Fabian Cotter • 14 Dec 2022
A post-pandemic RBA analysis on Term Funding Facility (TFF) helping business lending has not highlighted clear economic... READ MORE

‘Golden opportunity’ for brokers as borrowers fear loan rejection
by • 13 Dec 2022
Non-bank lender Pepper Money has urged borrowers to review options with their broker as many jump at the first loan... READ MORE

idutch joins PCF lending panel
by Adrian Suljanovic • 13 Dec 2022
The commercial lending fintech has joined the PLAN, Choice, and FAST lending panel through an expanded partnership with... READ MORE

Payments times review welcomed, ombudsman says
by • 13 Dec 2022
Treasury will examine how to get big business to pay their invoices in a “fair and reasonable” time, as... READ MORE

PCF Group expands NSW broker management team

by Fabian Cotter • 12 Dec 2022
Given the NSW mortgage-market size, PCF Group has appointed two new state directors to best support its brokers, it has... READ MORE

Supply chain issues drive SME alternate funding support: ScotPac
by Fabian Cotter • 12 Dec 2022
Rising inflation and increased costs are being offset — or absorbed — by Australian SMEs quite differently,... READ MORE

New site acquisitions driving demand for private funding
by Annie Kane • 12 Dec 2022
Sustained appetite for new site acquisitions, refinance, and cashouts of unencumbered properties has been driving... READ MORE

58.3% hike in store for super-low fixed-rate borrowers
by Reporter • 9 Dec 2022
Aussie Home Loans and CoreLogic have found that those coming off super-low fixed rates next year may see repayments... READ MORE

1/3 of buyers feel they ‘miss out’ due to slow financing

by Reporter • 9 Dec 2022
Thirty-five per cent of mortgagors feel they “missed out on property opportunities while waiting for finance... READ MORE

Purple Circle adds another lender to its panel
by Reporter • 9 Dec 2022
The boutique aggregator has announced its partnership with Funding.com.au, giving members access to its bridging loan... READ MORE

Hot Property: The biggest property headlines from week 5–9 December

by Adrian Suljanovic • 9 Dec 2022
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 9... READ MORE

In case you missed it (week ending 9 December)
by • 9 Dec 2022
In case you missed it.. Banks pass on 25 bps rate hike, borrowers’ stress weighs on brokers, Loan Market Group... 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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