Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Grow launches low-doc, no deposit asset finance loan

by reporter • 27 Jun 2022

The SME lender has created a new low-doc loan for cars, vans and utes that require no...READ MORE

Apricity appoints COO

by • 27 Jun 2022

Invoice finance lender Apricity has announced the appointment of Michael Paredes as chief operating officer.

Mortgages dominate cost pressures for tenth of Aussies

by Sarah Simpkins • 24 Jun 2022

Close to one-tenth of Australians have said their home loan is the largest contributor to their cost-of-living... READ MORE

Regional migration accelerated in March quarter

by • 24 Jun 2022

Migration from capital cities to regional Australia has hit new six-year highs in the March quarter, according to the... READ MORE

Hot Property: The biggest property headlines from the week 20-24 June

by reporter • 24 Jun 2022

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

Former BEN area manager opens brokerage

by reporter • 24 Jun 2022

Kapil Virmani – a former area manager for Bendigo and Adelaide Bank – has returned to his broker roots, opening a... READ MORE

BDMs, credit assessor approval ratings starting to fall

by Malavika Santhebennur • 23 Jun 2022

While satisfaction with lender BDMs and credit assessors remains historically high, broker satisfaction scores have... READ MORE

Humm board collapses in wake of HCF sale termination

by • 23 Jun 2022

Five of the group’s six directors have confirmed their resignations, stating they “cannot remain on the board of... READ MORE

Industry CEOs and brokers sleep-out in aid of homelessness

by Annie Kane • 23 Jun 2022

Several chief executives and directors in the mortgage and finance industry will be spending a night without shelter to... READ MORE

FBAA warns against merging credit licences with AFSLs

by Sarah Simpkins • 22 Jun 2022

As the Australian Law Reform Commission has considered consolidating the licensing regimes for credit and financial... READ MORE

NAB tips 15% house price fall in 2023

by • 22 Jun 2022

NAB’s chief economist has predicted house price growth will drop by more than expected.

Gateway reports 21% growth in mortgage book

by reporter • 22 Jun 2022

The mutual bank surpassed the $1 billion mortgage mark this financial year, after delivering annualised growth of 21... READ MORE

NSW confirms stamp duty reforms from 2023

by Annie Kane • 21 Jun 2022

First home buyers in NSW will be able to choose between an upfront payment or a smaller annual property tax from next... READ MORE

Plug gaps in broker regulations, says MFAA

by Sarah Simpkins • 21 Jun 2022

The industry body has urged the government to touch up recent reforms made across reference checking, breach reporting... READ MORE

Non-bank founder, former CEO joins Joust board

by • 21 Jun 2022

The home loan fintech has grown its non-executive team with two new appointments, one of which being MoneyPlace founder... READ MORE

Qld announces affordable housing partnership

by reporter • 21 Jun 2022

More than 1,200 social and affordable homes are to be built in Queensland as part of a new commercial partnership... READ MORE

NSW to trial shared equity home ownership scheme

by Sarah Simpkins • 20 Jun 2022

The state will trial helping certain key workers, single parents and older singles buy homes in a new $780.4 million... READ MORE

Turnarounds take back seat following stabilisation

by Annie Kane • 20 Jun 2022

Brokers are now less driven to choose a lender based on turnarounds, as time to initial credit decision has improved... READ MORE

Web of definitions weighing down financial services law: ALRC

by Sarah Simpkins • 20 Jun 2022

Industry players have backed a call to simplify definitions across financial services legislation, with broker bodies... READ MORE

Latitude, Humm call off HCF acquisition

by • 20 Jun 2022

The arrangement, which would have seen Latitude acquire Humm’s consumer finance arm, has been terminated, with both... READ MORE

Money3 funding cap rises to $665m

by • 20 Jun 2022

The vehicle finance specialist has confirmed that it has received new mezzanine funding, boosting its funding ceiling... READ MORE

Rate-decreasing loan launched for SMEs

by Annie Kane • 17 Jun 2022

SMEs with good repayment histories will see loan rates drop by 25 bps every six months as part of an “Australian... READ MORE

9/10 Australians confident brokers have best interests at heart

by • 17 Jun 2022

The majority of borrowers see brokers as being tuned in to their needs with borrowing and refinancing, according to... READ MORE

Hot Property: The biggest property headlines from the week 13-17 June

by Reporter • 17 Jun 2022

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 17... READ MORE

Wisr prices second ABS transaction

by reporter • 17 Jun 2022

The non-bank lender has priced a $250 million asset-backed securities transaction to help it scale and reduce its cost... READ MORE

Mortgage affordability hits lowest point since 2011: Bluestone

by Sarah Simpkins • 16 Jun 2022

Australians’ ability to afford a home loan deteriorated over April, breaking a two-month spell of... READ MORE

Majority of borrowers prepared to change loans over rates

by • 16 Jun 2022

More than half of borrowers are willing to make changes to their home loans to accommodate increasing rate hikes,... READ MORE

Platform Finance welcomes national sales manager

by Annie Kane • 16 Jun 2022

The asset finance aggregator has hired a former broker and senior BDM as its new national sales manager to help drive... READ MORE

Calls to combat financial elder abuse

by • 15 Jun 2022

The rising cost of living and COVID-19 have sparked fresh concerns over financial elder abuse and financial... READ MORE

Calls rise for stamp duty overhaul ahead of NSW reform

by Annie Kane • 15 Jun 2022

With NSW expected to announce changes to the “worst tax” next week, calls are rising for other states to follow... READ MORE

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