Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Foreign investor fined $250k for unauthorised property purchases

by Juliet Helmke • 12 Apr 2022

A property investor has become the first person to be issued with a penalty for breaching of Australia’s foreign...READ MORE

Borrowers at risk if inflation eats at wages: RBA

by Sarah Simpkins • 11 Apr 2022

The majority of mortgage holders are expected to weather looming rate rises, but the Reserve Bank has issued warnings... READ MORE

Pepper Money launches ‘Broker Shout Out’ campaign

by Annie Kane • 11 Apr 2022

The non-bank lender is asking brokers to nominate industry representatives that have “made a real-life difference to... READ MORE

72% of future FHBs expect to use government assistance

by Annie Kane • 11 Apr 2022

Nearly three-quarters of future home buyers expect to rely on government schemes and financial support, according to... READ MORE

HomeBuilder has mixed consequences: AHURI

by Sarah Simpkins • 11 Apr 2022

The housing measure provided positives in the short term, but a new report has warned it escalated prices and placed... READ MORE

BankVic trials mortgage broker distribution

by Annie Kane • 8 Apr 2022

Police, government, health, nursing and emergency services staff will be able to access BankVic mortgages via the... READ MORE

New outsourcing provider launches for brokers

by Annie Kane • 8 Apr 2022

The Prime Minister of Fiji has officially opened a new outsourcing provider for the broking industry established by... READ MORE

‘Can’t get to everything’: ASIC pressed on dismissed complaints

by Sarah Simpkins • 8 Apr 2022

The regulator has been grilled on why it decided to pursue no further action for 65 per cent of reports of misconduct... READ MORE

Sandstone sets focus towards SME lending with new partnership

by • 8 Apr 2022

The banking fintech’s deal with pricing fintech Brilliance is intended to be a measure that helps streamline the SME... READ MORE

Hot Property: The biggest property headlines from the week 4-8 April

by reporter • 8 Apr 2022

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 8... READ MORE

Loan Market Group nicks BOQ exec

by Sarah Simpkins • 7 Apr 2022

A former director and adviser for Loan Market is set to return, to become its parent group’s new chief operating... READ MORE

SME lender rolls out ESG discounting

by Annie Kane • 7 Apr 2022

Brokers using Fifo Capital can access discounted cash-flow loans for SME clients if they’re able to demonstrate... READ MORE

TMB’s responsible investment products near $10bn

by reporter • 7 Apr 2022

Growing focus on environmental impact and green footprints has seen the bank’s RIAA products rise by $1 billion in... READ MORE

$20k grants for NSW flood residents

by • 7 Apr 2022

As part of the state government’s flood relief, a further $112 million package has been set aside for flood-impacted... READ MORE

Female broker representation drops to new low

by Annie Kane • 6 Apr 2022

Just a quarter of all brokers are women, new MFAA stats show, the lowest proportion observed for the past six... READ MORE

Former mortgage broker banned for 6 years

by • 6 Apr 2022

ASIC has banned former Finsure broker Rodney Peter Maher after he was found to be “reckless” in providing... READ MORE

Grow expands into agri

by • 6 Apr 2022

Non-bank lender Grow Finance extends its business loan to include primary agriculture, as well as increase its asset... READ MORE

RBA reveals post-budget cash rate decision

by Sarah Simpkins • 5 Apr 2022

The Reserve Bank has revealed its cash rate call for April, as inflation and costs continue to creep higher.

Connective state manager joins NAB Broker

by • 5 Apr 2022

The appointment, which will oversee its southern region presence, comes after calls that the major bank will invest... READ MORE

ASIC bans former adviser and broker for 10 years

by reporter • 5 Apr 2022

After having been jailed for breaking Western Australian COVID-19 rules to attend an AFL Grand Final match, former... READ MORE

AFG Securities prices $750m RMBS

by reporter • 5 Apr 2022

The lending arm of AFG has priced its upsized $750 million residential mortgage-backed securities issue as it prepares... READ MORE

Pepper to take majority stake in Stratton Finance

by Annie Kane • 4 Apr 2022

The lender is set to acquire 65 per cent of the major asset finance broking platform for $78 million in... READ MORE

MAB to ‘strategically invest’ in broker businesses

by Annie Kane • 4 Apr 2022

The broker network has launched a new strategic investment model that aims to help brokers accelerate their business... READ MORE

Former finance broker fined for fraud

by Sarah Simpkins • 4 Apr 2022

A former used-car finance broker has been convicted and fined over four charges of obtaining financial advantage by... READ MORE

Labor pledges climate action in budget reply

by • 1 Apr 2022

Labor leader Anthony Albanese’s budget reply will see plans to drive climate action and get “incomes rising and... READ MORE

Record level of commercial loans written by brokers

by Annie Kane • 1 Apr 2022

The value of settled commercial loans written by brokers has hit its highest level yet, reaching $13.4 billion,... READ MORE

Brokers concerned with defaults in flood zones

by • 1 Apr 2022

As northern NSW comes to term with a second major flood in four weeks, growing concerns over property values and... READ MORE

Citi gears up for NAB acquisition with new hire

by Annie Kane • 1 Apr 2022

The bank has announced a new head of retail banking ahead of NAB’s acquisition of its consumer business.

Hot Property: The biggest property headlines from the week 28 March...

by reporter • 1 Apr 2022

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 1... READ MORE

Brokers settle $9m in 6 months on average: MFAA

by Annie Kane • 31 Mar 2022

The average value of loans settled per broker in a six-month period has exceeded $9 million for the first time,... READ MORE

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