Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Purple Circle launches white label loans suite

by Reporter • 7 Sep 2022

The boutique aggregator has partnered with Brighten Home Loans to offer a new suite of white label loans.

RBA hikes cash rate yet again

by Fabian Cotter • 6 Sep 2022

The Reserve Bank of Australia board has increased the cash rate for the fifth month in a row.

72% of brokers disagree with price drop forecasts

by Reporter • 6 Sep 2022

Nearly three-quarters of brokers do not expect property prices to fall as far as 20 per cent, despite market forecasts... READ MORE

Non-banks increasingly popular with SMEs: ScotPac

by • 6 Sep 2022

Non-bank lending preferences for small to medium businesses have doubled in the past four years, outstripping banks,... READ MORE

New deposit bond product launched by Deposit Assure

by Adrian Suljanovic • 6 Sep 2022

Deposit Assure has launched a 'fee free' deposit bond following feedback from the broking... READ MORE

Grow Finance appoints new BDM partner

by Adrian Suljanovic • 6 Sep 2022

Matthew Stitt has joined the non-bank lender as a new partner in the Queensland business development... READ MORE

Latitude fined $1.55m for spam breaches

by Adrian Suljanovic • 5 Sep 2022

The personal lender has been fined after sending over 3 million commercial emails and text messages to customers... READ MORE

APRA revokes Volt’s bank licence

by Annie Kane • 5 Sep 2022

After having handed back its deposits and closed its banking business, Volt’s banking licence has now officially been... READ MORE

outsource Financial partners with Gold Coast Titans NRLW team

by Annie Kane • 5 Sep 2022

Aggregation group outsource Financial has become a positional partner of the Gold Coast Titans NRLW... READ MORE

New home loan values continue to fall: ABS

by Adrian Suljanovic • 2 Sep 2022

Data released by the Australian Bureau of Statistics (ABS) has recorded another fall in the value of new loan... READ MORE

Heritage Bank delivers record loan volumes ahead of merger

by • 2 Sep 2022

The bank has reported record loan volumes in its financial year 2022 results, placing them in a strong position for the... READ MORE

New non-bank lender launches

by Annie Kane • 1 Sep 2022

A new fintech lender, Clinch, has launched into market, offering brokers a digital bridging finance product for their... READ MORE

Loan settlements strongest among mutuals

by • 1 Sep 2022

Australian lenders settled almost 90 per cent of property sales on the first scheduled date, a new report has... READ MORE

57% choose their broker based on family/friend referrals

by Reporter • 1 Sep 2022

More than half of mortgage broker clients chose their broker based on tips from family and friends, with a third doing... READ MORE

Bridgit secures $1bn in loan applications

by Adrian Suljanovic • 1 Sep 2022

Less than a year after launch, the bridging loan specialists has passed $1 billion in loan applications as demand for a... READ MORE

Broking industry backs streamlining of DDO rules

by Annie Kane • 31 Aug 2022

Proposed changes to the regulatory framework around advice have been released, with broker associations welcoming... READ MORE

MA Financial loan book grows to $718m

by Annie Kane • 31 Aug 2022

Following the acquisition of non-bank lender MKM and aggregation group Finsure, the financial services group has grown... READ MORE

Tax incentives for SME tech investors welcomed

by • 31 Aug 2022

SMEs that invest in digital operations could benefit from tax incentives, as part of a draft... READ MORE

Wisr reports 103% loan book growth for FY22

by Adrian Suljanovic • 31 Aug 2022

Wisr Limited has released their results for the financial year 2022, showing significant loan book and loan origination... READ MORE

Broker settlements soar to new peak: MFAA

by Adrian Suljanovic • 30 Aug 2022

Broker-originated settlements have broken records once again, new MFAA research data has... READ MORE

Loan Market rolls out ‘Brokerversity’ training program

by Annie Kane • 30 Aug 2022

A new platform that trains up new recruits into Loan Market support staff and brokers has been launched by the... READ MORE

74% of new Judo loans sourced by brokers

by Adrian Suljanovic • 30 Aug 2022

Three-quarters of the lender’s loans were originated by brokers in FY22, according to Judo’s first results release... READ MORE

BNK launches into SME lending

by Reporter • 30 Aug 2022

The ASX-listed mortgage lender has announced plans to pivot into “higher margin” commercial lending.

Mortgage Choice brokers in new TV adverts

by Annie Kane • 29 Aug 2022

Five Mortgage Choice brokers are featuring in a new TV commercial running across Australia from this... READ MORE

Shift launches Equipment Line revolving credit facility

by Annie Kane • 29 Aug 2022

Shift, a provider of credit and payment platforms to Australia brokers and businesses, has launched a revolving credit... READ MORE

Stephen Doyle to head up Bridgit’s distribution

by Jessica Penny • 29 Aug 2022

The non-bank lender has appointed Loan Market’s former director for growth as its new head of distribution.

COG saw 30% rise in broker volumes in FY22

by Jessica Penny • 29 Aug 2022

The finance group has had a record-breaking year as demand for asset finance rises and broker volumes spike.

Prospa announces record-breaking figures for FY22

by Adrian Suljanovic • 26 Aug 2022

The non-bank lender has released its financial year 2022 results, marking high levels of... READ MORE

Finsure-Honey partnership ‘exceeds expectations’

by Reporter • 26 Aug 2022

Six months into its partnership with insurance provider Honey, Finsure said it had been a “game changer” with... READ MORE

Royal commission announced into Robodebt

by Annie Kane • 25 Aug 2022

The Prime Minister has announced a royal commission into the former debt assessment and recovery... READ MORE

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