Breaking News
Brokers’ lodgements continue to rise
by Annie Kane • 16 Dec 2020
The number of loans that brokers write each month hit a new high in November 2020, according to a new broker...READ MORE
Nominations open for Better Business Awards 2021
by Annie Kane • 16 Dec 2020
Nominations and submissions for The Adviser’s state-based awards program, the Better Business Awards 2021, are now... READ MORE
Home buying plans jump in November
by Malavika Santhebennur • 16 Dec 2020
Home buying intentions have strengthened since the official cash rate was reduced in November, while motor vehicle... READ MORE
Bank appoints new CEO
by Annie Kane • 15 Dec 2020
ME Bank has today announced the appointment of a new CEO, effective immediately.
READ MORESenate opens inquiry on consumer credit reforms
by Annie Kane • 15 Dec 2020
The Senate is accepting submissions to its inquiry into the repeal of responsible lending and the extension of the best... READ MORE
Brokers a saviour for SMEs during pandemic, research finds
by Adrian Flores • 15 Dec 2020
New research has revealed that a majority of SMEs relied more heavily on key advisers, such as brokers, to cope with... READ MORE
Bank reveals key broker concerns
by Sarah Buckley • 15 Dec 2020
Credit policy procedures, servicing times and lender requirements are mortgage brokers’ biggest concerns, according... READ MORE
Westpac issues ‘our own doing’: chairman
by Malavika Santhebennur • 15 Dec 2020
The Westpac chairman has acknowledged the shortcomings in its risk management and compliance, and said many issues were... READ MORE
MFAA, housing sector back consumer credit reforms
by Malavika Santhebennur • 14 Dec 2020
The consumer credit reforms could see borrowers viewed on a risk-based assessment for their loan applications, which... READ MORE
Two new ACCC commissioners appointed
by Annie Kane • 14 Dec 2020
Treasurer Josh Frydenberg has announced two new commissioners of the Australian Competition and Consumer Commission,... READ MORE
New digital technology business awards program launches
by reporter • 14 Dec 2020
Momentum Media has announced the launch of its inaugural Australian Digital Technology Awards, a program that... READ MORE
Regulatory guide to ‘game changer’ DDO released
by Annie Kane • 11 Dec 2020
Lenders and brokers will need to take a consumer-centric approach to how they design and distribute mortgages, as... READ MORE
CDR accreditation guidelines released
by reporter • 11 Dec 2020
The ACCC has released guidelines for those wishing to become accredited to access Consumer Data Right data, including... READ MORE
Former brokerage, director charged over false statement
by Malavika Santhebennur • 11 Dec 2020
A former Melbourne-based mortgage brokerage and its director have been charged with making a false statement to the... READ MORE
Finsure unveils new branding
by reporter • 11 Dec 2020
Aggregation group Finsure has unveiled new branding ahead of its 10th anniversary in 2021.
READ MOREHot Property: The biggest property headlines from the week 7-11...
by reporter • 11 Dec 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 11... READ MORE
Purple Circle settlements up 51% in October
by Malavika Santhebennur • 11 Dec 2020
Purple Circle Financial Services’ settlements increased by over 51 per cent in October over its previous record... READ MORE
NZ looks to reinstate LVR restrictions
by Annie Kane • 10 Dec 2020
The Reserve Bank of New Zealand is looking to bring in loan-to-value restrictions on “high-risk lending” from 1... READ MORE
Platform Finance launches BID-compliant CRM
by Malavika Santhebennur • 10 Dec 2020
The asset finance group has launched a BID-compliant CRM system, in addition to a quoting and lodgement system designed... READ MORE
NextGen.Net makes strategic partnership appointment
by Malavika Santhebennur • 10 Dec 2020
The technology provider has announced the return of a former sales manager, who has been appointed to manage its... READ MORE
Consumer credit reforms introduced into Parliament
by Annie Kane • 9 Dec 2020
The bill surrounding the extension of the best interests duty and removal of responsible lending obligations has been... READ MORE
COVID-19 dampens BOQ FY20 results
by Malavika Santhebennur • 9 Dec 2020
The non-major has reported a substantial decline in its FY20 results amid a challenging environment, but its total... READ MORE
Home lending specialist joins Brighten Home Loans
by Annie Kane • 9 Dec 2020
The non-bank lender has appointed its first manager of business analytics and operations, as it continues to rapidly... READ MORE
Online brokerage offers super contributions to borrowers
by Annie Kane • 9 Dec 2020
uno Home Loans has partnered with Super-Rewards to offer borrowers superannuation contributions when they use the... READ MORE
Aussie teams with kids’ education provider
by Malavika Santhebennur • 9 Dec 2020
The major brokerage has announced a five-year partnership with Life Education under which it plans to involve its... READ MORE
ACCC Home Loan Price Inquiry tentatively welcomed
by Annie Kane • 8 Dec 2020
The heads of the FBAA and MFAA have both tentatively welcomed the final report on the Home Loan Price Inquiry,... READ MORE
Ex-finance broker fined $3,000 for fraud
by Malavika Santhebennur • 8 Dec 2020
A former Victorian car loan writer has been sentenced after pleading guilty to fraud in relation to four loans... READ MORE
CBA given licence for Dutch subsidiary
by Malavika Santhebennur • 8 Dec 2020
The major bank has been granted a banking licence for its Dutch subsidiary, which it said would provide better access... READ MORE
Lenders should prompt borrowers to review rate: ACCC final report
by Annie Kane • 7 Dec 2020
The final Home Loan Price Inquiry report recommends that lenders should regularly prompt customers whose loans are... READ MORE
FBAA appoints new board members and fellows
by Malavika Santhebennur • 7 Dec 2020
The industry association has announced its 2021 board members and extended its thanks to outgoing director Rick... READ MORE

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