Breaking News
Bank of mum and dad warned of legal risks
by Malavika Santhebennur • 11 May 2021
A law firm has warned of the potential risks of parents assisting their children with entering the housing market,...READ MORE
Government announces new home ownership scheme
by Annie Kane • 10 May 2021
Three measures targeting home ownership, including a new Family Home Guarantee, will form part of the federal... READ MORE
Mortgage Choice acquisition fair, reasonable: report
by Malavika Santhebennur • 10 May 2021
An independent report has found that the REA Group’s proposed acquisition of the major brokerage is “fair and... READ MORE
Gen Z eyes apartments as cheaper option
by Malavika Santhebennur • 10 May 2021
A survey has revealed a generational shift in housing preferences, with Generation Z focused on apartment living as an... READ MORE
Pepper to ‘widen’ product and channel following IPO
by Annie Kane • 7 May 2021
The non-bank lender has revealed that it will expand its product and channel reach once it lists later this... READ MORE
NAB sees applications rise 45%
by Annie Kane • 7 May 2021
The major bank saw a 45 per cent increase in mortgage applications in the first half of the year, with strong activity... READ MORE
Citi reduces variable rates
by reporter • 7 May 2021
The non-major bank has reduced variable rates by up to 20 basis points, but increased its five-year fixed rate.
READ MOREDemand for asset finance spikes: Equifax
by Malavika Santhebennur • 7 May 2021
A rebound in asset finance demand has halted the overall decline in business credit demand, but business loan... READ MORE
Non-bank lender appoints lending executive
by Malavika Santhebennur • 7 May 2021
Pallas Capital has appointed a former La Trobe Financial executive as its new executive director of lending.
READ MOREHot Property: The biggest property headlines from the week 3-7 May
by Reporter • 7 May 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 7... READ MORE
Loan Market to move forward with MyCRM
by Annie Kane • 6 May 2021
The major brokerage has chosen MyCRM as its broker platform, but will be updating it with key features from Podium to... READ MORE
ACL obligations issued for debt management firms
by Malavika Santhebennur • 6 May 2021
ASIC will require debt management firms to hold a credit licence from 1 July... READ MORE
NAB exec to head up mutual bank
by Annie Kane • 6 May 2021
A member-owned bank has announced that it has appointed a new CEO and executive general manager of its retail banking... READ MORE
Automating broker loan assessments ‘on the priority list’: ANZ
by Annie Kane • 5 May 2021
The CEO of the major bank has confirmed that broker turnarounds are still taking too long, but added that the bank is... READ MORE
Treasury looks to update CDR to give brokers access
by Annie Kane • 5 May 2021
The Treasury will soon release for consultation new Consumer Data Right rules that will enable consumers to give... READ MORE
The next steps for the Lendi Group
by Annie Kane • 5 May 2021
David Hyman, the CEO of the newly merged Lendi Group, speaks to The Adviser about what’s next for the Aussie and... READ MORE
Home buyers divided on buying a home now: survey
by Malavika Santhebennur • 5 May 2021
Almost half of all Millennials believe now is a good time to buy property, but a third of all Australians are unsure, a... READ MORE
RBA announces May cash rate
by Malavika Santhebennur • 4 May 2021
The central bank has revealed its cash rate decision for May ahead of the federal budget on 11 May.
READ MOREAussie-Lendi merger officially completes
by Malavika Santhebennur • 4 May 2021
The merger between major brokerage Aussie and online loan platform Lendi has officially finalised, with David Hyman... READ MORE
Non-bank sees loan originations rise 17% qoq
by reporter • 4 May 2021
A non-bank lender has reported that its loan originations grew 17 per cent in the quarter ending 31 March 2021, up... READ MORE
Housing market shows hints of slowdown: CoreLogic
by Malavika Santhebennur • 4 May 2021
There are signs that the housing market has moved through a peak rate of growth amid a slowdown in demand and rise in... READ MORE
Major bank makes appointment to newly created role
by Malavika Santhebennur • 3 May 2021
The major bank has made an appointment to the newly created head of specialised and private role, a part of the... READ MORE
Mortgage Choice adds non-major to panel
by Malavika Santhebennur • 3 May 2021
The major brokerage and aggregator has added a non-major bank lender to its panel, with its loan products available... READ MORE
Major bank rolls out ‘no-interest’ credit card for SMEs
by Annie Kane • 3 May 2021
The major bank has launched a new, “no-interest” credit card for small-business customers that enables them to... READ MORE
SMSF refinancing a ‘missed opportunity’ for brokers
by Annie Kane • 3 May 2021
A lack of awareness around refinancing SMSF loans means that brokers may be “missing out” on an opportunity to... READ MORE
Westpac outlines source of tech abuse
by Malavika Santhebennur • 3 May 2021
The major bank has said that abusive or threatening transactions stemmed from the new payments platform that was... READ MORE
Treasurer announces new ASIC chair and deputy chair
by Annie Kane • 30 Apr 2021
The federal Treasurer has announced the replacements for ASIC chair James Shipton and former deputy chair Daniel... READ MORE
Aggregator offers in-house loan processing support
by Malavika Santhebennur • 30 Apr 2021
An aggregator has introduced an option for brokers to have their loans processed in-house, which includes fraud... READ MORE
Steve Sampson becomes CCO of non-bank lender
by Annie Kane • 30 Apr 2021
An SME lender has appointed Bank of Sydney’s former head of third party, Steve Sampson, as its first chief commercial... READ MORE
Bank survey shows turnarounds remain top broker concern
by Annie Kane • 30 Apr 2021
A non-major bank has found that 86 per cent of brokers are most concerned about turnarounds at the moment, with... READ MORE

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