Mortgage and Finance Brokers Breaking News - The Adviser

NSW government scraps secret rent bidding loophole

by Adrian Suljanovic • 11 May 2023

The Minns Labor government has introduced a new bill to NSW Parliament to abolish secret rent bidding practices. READ MORE

Mortgagors confidence fell 3.2 points amid 11th rate hike

by • 10 May 2023

Australians’ optimism accumulated ahead of the May cash rate hike was crushed the week succeeding. READ MORE

MFAA launches broker marketing campaign

by Adrian Suljanovic • 10 May 2023

The MFAA has launched a consumer advertising campaign to promote the benefits of using the association’s brokers. READ MORE

The key housing measures of the budget 2023–24

by Annie Kane • 9 May 2023

The federal Treasurer has outlined a range of measures to help tackle the cost of living and improve housing... READ MORE

Industry welcomes bank’s move to scrap cashbacks

by Annie Kane • 9 May 2023

Members of the mortgage broking industry have applauded CBA for scrapping cashbacks with its mortgages. READ MORE

Budget geared to ‘build more supply’, Treasurer pledges

by • 9 May 2023

Among a swathe of cost-of-living measures, the federal budget released today (9 May) is expected to help boost housing... READ MORE

Lending growth slows for majors, report says

by Adrian Suljanovic • 9 May 2023

A report has shown that loan momentum among the major banks slowed in the six months to March. READ MORE

Business conditions ease but remain elevated: NAB

by • 9 May 2023

Business conditions begin to cool as the flow of new purchases dries up. READ MORE

Stuart Robert MP resigns

by Annie Kane • 8 May 2023

The shadow assistant treasurer and shadow financial services minister, Stuart Robert MP, has announced his... READ MORE

RBA forecasts suggest 3.85% is the peak

by • 8 May 2023

The central bank’s updated forecasts signal the cash rate has hit its peak, economists reveal. READ MORE

‘Hive’ of refi activity a boon for new brokers: FBAA

by Malavika Santhebennur • 8 May 2023

With refinancing hitting record highs, the time is ripe for new brokers to enter the industry, according to the FBAA... READ MORE

SMEs split on future optimism

by • 8 May 2023

While some SMEs are forecasting strong growth, others are predicting a contraction in their revenue over the next six... READ MORE

FHBs coming back into market as mortgage activity rises

by Annie Kane • 5 May 2023

After reaching a five-year low in February, first home buyer loans began ticking up in March amid a rise in new... READ MORE

NAB broker flows rise 11%

by Annie Kane • 5 May 2023

More than 61 per cent of NAB’s new mortgages were originated by the broker channel in 1H23, new data from the major... READ MORE

BDM satisfaction score hits new milestone

by Malavika Santhebennur • 5 May 2023

For the first time since the Broker Pulse surveys began, lender BDMs achieved a satisfaction score of over 60 from... READ MORE

Fixed-rate cliff steepens as rates rise

by • 5 May 2023

Australians who fixed their average-sized home loan two years ago are heading for a $1,250 hike in their monthly... READ MORE

Hot Property: The biggest property headlines from week 1–5 May

by Reporter • 5 May 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 5... READ MORE

3% buffer is ‘too high’: Shadow assistant treasurer

by Annie Kane • 4 May 2023

The buffer applied to mortgages is currently “too high” and “should be moderated”, shadow assistant... READ MORE

Association heads react to RBA rate hike

by Adrian Suljanovic • 4 May 2023

The Reserve Bank’s decision to raise the cash rate was a “disappointing” one, as mortgage association heads weigh... READ MORE

Credit card demand increases as mortgage demand drops

by • 4 May 2023

Consumers are taking on “more credit” than they can afford, a new report highlights. READ MORE

Mortgage holders are ‘on the brink’, FBAA warns

by • 3 May 2023

Mortgage holders are working more and spending less, as interest rate rises and inflation begins to take a toll on... READ MORE

Pepper prices $675m RMBS

by Reporter • 3 May 2023

The non-bank lender has priced its second public securitisation in 2023. READ MORE

Adelaide Bank scraps upfront fees