Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

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

‘Doubled’ ASIC fees ‘cannot happen again’: FBAA

by Fabian Cotter • 25 Oct 2022

The FBAA has warned it will be “keeping a very close eye on” ASIC fee estimates towards 2023.

NAB’s main tech spend ‘has been on brokers’: Phil Waugh

by Reporter • 25 Oct 2022

The broker channel has been the focus of the major bank’s main investment in technology this year, according to... READ MORE

2 aggregators merge to create asset finance supergroup

by Annie Kane • 24 Oct 2022

A new, ASX-listed asset finance aggregation company handling around $6.7 billion in loans will be formed following the... READ MORE

FHB, investors ‘in prime position’: NAB report

by Fabian Cotter • 24 Oct 2022

NAB’s Market Megatrends 2022 report has placed first home buyers “in prime position”, and says the market bodes... READ MORE

Brokers flag concern for SME outlook

by Adrian Suljanovic • 24 Oct 2022

A panel discussed the current lending landscape and the concerns and opportunities for small and medium-sized... READ MORE

Diversification more important now than ever, says business coach

by Malavika Santhebennur • 24 Oct 2022

Branching out into SME lending could derisk a mortgage brokerage, which is vital in a cooler housing market, according... READ MORE

Latitude chairman extends term to support CEO transition

by Annie Kane • 24 Oct 2022

The chairman of the non-bank lender Mike Tilley has delayed his retirement date to help support the incoming chief... READ MORE

CBA offers flood-impacted brokers support

by Fabian Cotter • 21 Oct 2022

Victorian flood-affected brokers are being offered advanced trail payments to help them manage, the major bank has... READ MORE

Firstmac strengthens auto-lending team

by Adrian Suljanovic • 21 Oct 2022

The non-bank lender has welcomed its first national sales manager for auto lending to its... READ MORE

Hot Property: The biggest property headlines from week 17–21 October

by Adrian Suljanovic • 21 Oct 2022

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

Brokers ‘at the heart of the future’: MyState Bank

by Fabian Cotter • 20 Oct 2022

Tasmania’s MyState Bank has reported a 6.9 per cent jump in its mortgage book — with brokers driving the majority... READ MORE

Bank branches axed as customers move online, APRA data

by • 20 Oct 2022

APRA has revealed more than 300 bank branches were axed nationwide in the last financial year, providing opportunities... READ MORE

Trade credit managers to be more cautious, new poll finds

by Adrian Suljanovic • 20 Oct 2022

A survey conducted by Equifax has revealed that trade credit managers will become cautious in anticipation of an... READ MORE

Direct-only lenders embracing broker strength

by Fabian Cotter • 19 Oct 2022

Mortgage Choice’s new partnership with Athena demonstrates how direct-to-consumer lenders are increasingly seeing the... READ MORE

Cyber certification launches for SMEs

by • 19 Oct 2022

Australia’s biggest bank and telecommunications companies have joined forces to equip SMEs with cyber knowledge to... READ MORE

Aggregators key to reference-check protocol: MFAA

by Fabian Cotter • 18 Oct 2022

Whilst the ASIC reference-checking protocol is working well, there is a crucial small loophole to close, the MFAA has... READ MORE

Fake-document charges land broker in court

by Fabian Cotter • 18 Oct 2022

An NSW credit broker has been charged with 74 offences of making false documents to aid home loan applications, ASIC... READ MORE

Government expands eligible LGAs for recovery payments

by Adrian Suljanovic • 18 Oct 2022

The federal government has announced additional LGAs that are now eligible for the Australian government Disaster... READ MORE

Over 1/3 of SMEs unaware of alternative financing options

by Adrian Suljanovic • 18 Oct 2022

Australian small and medium-sized enterprises are seeking financial assistance to fund immediate needs; however, some... READ MORE

New Broker Academy 2022: Event wrap up

by • 17 Oct 2022

With more Australian borrowers turning to mortgage brokers for credit advice and putting growing trust in the industry,... READ MORE

Broker satisfaction with lenders plummets: Broker Pulse

by Malavika Santhebennur • 17 Oct 2022

Amid a gloomy economic environment, brokers reported feeling more dissatisfied with lenders due to a range of... READ MORE

Prime Capital expands BDM team

by Annie Kane • 17 Oct 2022

Stephen Davis and Luke Goaley have joined Prime Capital as business development managers, as the lender builds out its... READ MORE

Mortgage calculator use up +17%: ASIC

by Fabian Cotter • 17 Oct 2022

ASIC’s latest annual report shows a 200,000+ increase in its mortgage calculator use for the 2022 financial... READ MORE

‘Rate shock’ spikes borrower concerns

by Fabian Cotter • 14 Oct 2022

Half of borrowers never expected rates to get this high, new Aussie data has shown.

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