Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Hot Property: The biggest property headlines from the week 27 June to...

by Reporter • 1 Jul 2022

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

AFG to withdraw Sparc loan following Volt closure

by Annie Kane • 30 Jun 2022

Following the “disappointing” news that Volt Bank is to close, Australian Finance Group has confirmed that it will... READ MORE

New Broker Academy 2022 to help ‘ignite’ brokerages

by Malavika Santhebennur • 30 Jun 2022

Registrations have opened for The Adviser’s New Broker Academy, a free event set to help new and prospective brokers... READ MORE

NAB reports invoice finance boost of over 20%

by • 30 Jun 2022

The major bank has witnessed a lift in the popularity of invoice financing, with retail and wholesale trade driving... READ MORE

Volt Bank to hand back deposits and banking licence

by Annie Kane • 29 Jun 2022

Neo-lender Volt Bank is handing back customer deposits and will exit the banking industry, it has been revealed. READ MORE

Brokers feel the pinch amid construction folds

by • 29 Jun 2022

As construction industry collapses have left thousands of Australians with half-finished homes, brokers are left... READ MORE

Financial services firms announce merger, eye broking arm growth

by Annie Kane • 29 Jun 2022

Two Brisbane-based wealth businesses are set to merge to create a multidisciplinary professional services firm, with a... READ MORE

Fintech lender Funding launches new broker portal

by reporter • 29 Jun 2022

Non-bank lender Funding.com.au has launched its first broker portal, enabling brokers to lodge and track their... READ MORE

Former ANZ employee banned for 5 years

by reporter • 28 Jun 2022

ASIC has banned a former ANZ employee for five years after finding he failed to take steps to verify home loan... READ MORE

Brokers prepare clients for rate rises

by • 28 Jun 2022

Brokers are recommending some borrowers make larger repayments to lessen the blow of rising interest rates. READ MORE

Will NSW’s new property tax impede servicing?

by reporter • 28 Jun 2022

Following the NSW government’s move to introduce an optional property tax next year, brokers are questioning how... READ MORE

Elite Broker Q&A: Liz Zaki, OneSite Finance

by • 28 Jun 2022

After more than 17 years in the broking industry, we speak with Liz Zaki about her journey into broking and how... READ MORE

Former EFTPOS CEO to join Plenti board

by • 28 Jun 2022

The lending group has named its next non-executive director, announcing that Stephen Benton will be joining the group... READ MORE

Brokers now recognised on WA Offer and Acceptance form

by Annie Kane • 27 Jun 2022

Following engagement with the MFAA, the Real Estate Institute of Western Australia has amended its Offer and Acceptance... READ MORE

NAB lending rides on rise of local business

by Reporter • 27 Jun 2022

Lending to Aussie manufacturers at the big four bank has risen by 15 per cent in the last year, as demand has shot... READ MORE

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 deposit. READ MORE

Apricity appoints COO

by • 27 Jun 2022

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

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