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Mortgage Choice earnings hit by new rem model

Mortgage Choice earnings hit by new rem model
by Charbel Kadib • 28 Aug 2020
An increase in commissions paid to the group’s broker network has driven a 16 per cent slide in earnings, offset by a...READ MORE
ANZ, CBA launch online business lending platforms

ANZ, CBA launch online business lending platforms
by Annie Kane • 28 Aug 2020
Both ANZ and CBA have launched new online lending platforms for business loans that claim to conditionally approve... READ MORE
Frank Ganis joins listed brokerage group

Frank Ganis joins listed brokerage group
by Malavika Santhebennur • 28 Aug 2020
The former Yellow Brick Road CEO will join the board of an ASX-listed brokerage and financial services... READ MORE
Alternative lender joins AFG panel

Alternative lender joins AFG panel
by Malavika Santhebennur • 28 Aug 2020

A fintech SME lender has joined AFG’s panel of specialist finance providers.

READ MORE
Hot Property: The biggest property headlines from the week 24-28 August

Hot Property: The biggest property headlines from the week 24-28...
by reporter • 28 Aug 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 28... READ MORE
More clarity needed over clawback recoupment

More clarity needed over clawback recoupment
by Annie Kane • 27 Aug 2020
The head of a major aggregation group has called for more guidance around whether the ban on clawback recoupment will... READ MORE
Broker market share hits annual high

Broker market share hits annual high
by Charbel Kadib • 27 Aug 2020
The value of broker-originated home loans has bounced back after declining in the months preceding the economic fallout... READ MORE
BID could boost broker market share

BID could boost broker market share: Choice
by Malavika Santhebennur • 27 Aug 2020
The best interests duty could significantly increase the market share of brokers writing loans in the next three years,... READ MORE
Peter White

FBAA urges lenders to move to digital docs
by Malavika Santhebennur • 26 Aug 2020
The FBAA has said it is “farcical” for lenders to still be posting loan documents to brokers, and is urging banks... READ MORE
Brokers urged to help SMEs brace for ‘D-day’

Brokers urged to help SMEs brace for ‘D-day’
by Reporter • 26 Aug 2020
Brokers have been encouraged to prepare for the resumption of debt obligations following the expiry of COVID-related... READ MORE
Non-bank launches loan product for self-employed

Non-bank launches loan product for self-employed
by Malavika Santhebennur • 26 Aug 2020
Better Choice Home Loans has launched a new home loan product for self-employed borrowers with no risk fee or... READ MORE
Brokerage awarded B Corp certification

Brokerage awarded B Corp certification
by Malavika Santhebennur • 26 Aug 2020
A Sydney-based brokerage is the first specialist finance brokerage to have been given a B Corporation... READ MORE

Borrowers turn to government stimulus to pay mortgage
by Annie Kane • 25 Aug 2020
An increasing number of people are using government stimulus payments to pay their mortgages or rent, according to new... READ MORE

ANZ extends cashback offer deadlines
by Malavika Santhebennur • 25 Aug 2020
The major bank has extended cashback and drawdown deadlines for borrowers lodging applications to refinance their home... READ MORE
Advice remediation bill exceeds $1bn

Advice remediation bill exceeds $1bn
by Reporter • 25 Aug 2020
Banks and financial services institutions have incurred over $1 billion in remediation charges associated with the... READ MORE
Remote working to shift property price trends

Remote working to shift property price trends

by Malavika Santhebennur • 25 Aug 2020
The best performing areas in terms of property prices could change as remote working will make living outside the... READ MORE
Lender closes branches in all but one state

Lender closes branches in all but one state
by Annie Kane • 24 Aug 2020
A non-major bank has announced that it is closing all its branches outside of its home state, as it prioritises the... READ MORE
David McQueen

Loan Market joins calls to retain digital VOI
by Reporter • 24 Aug 2020
The broking group has backed calls for the digital VOI to continue to form part of the lending process beyond the... READ MORE
Digital lender introduces tiered variable rates

Digital lender introduces tiered variable rates
by Annie Kane • 21 Aug 2020
Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access... READ MORE
Pandemic drains FHB deposit savings

Pandemic drains FHB deposit savings
by Charbel Kadib • 21 Aug 2020
Almost 70 per cent of first home buyers have been forced to suspend their home ownership plans after tapping into their... READ MORE
COVID boosts interest in broker channel

COVID boosts interest in broker channel
by Reporter • 21 Aug 2020
Over a third of Australians are more likely to seek assistance from a mortgage broker now than prior to the COVID-19... READ MORE
RateCity attacks rate hikes for COVID-19-hit borrowers

RateCity attacks rate hikes for COVID-19-hit borrowers
by Malavika Santhebennur • 21 Aug 2020
Borrowers who move to an interest-only loan following the expiry of their loan deferral period should not be charged a... READ MORE
Hot Property: The biggest property headlines from the week 17-21 August

Hot Property: The biggest property headlines from the week 17-21...
by reporter • 21 Aug 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 21... READ MORE
SME lender acquires invoice finance platform

SME lender acquires invoice finance platform
by Annie Kane • 20 Aug 2020
CML Group has completed its acquisition of an invoice finance platform, after paying $2.25 million in cash and... READ MORE
ANZ earnings double amid retail boost

ANZ earnings double amid retail boost
by Charbel Kadib • 20 Aug 2020
Above-system mortgage and deposit growth has helped bolster the major bank’s earnings over the third quarter,... READ MORE
Educate Australians on property as an asset class, says Bouris

Educate Australians on property as an asset class, says Bouris
by Annie Kane • 20 Aug 2020
Mortgage brokers have an opportunity to “own” the space of being educators on property as an asset class, YBR... READ MORE
Why brokers should do a stocktake of their processes

Why brokers should do a stocktake of their processes
by Malavika Santhebennur • 20 Aug 2020
Victoria-based broker Jonathan Lee explains why it is important for brokers to take stock of their business processes... READ MORE

FHBs helping ‘pick up the slack’ amid COVID drag
by Charbel Kadib • 19 Aug 2020
Continued demand for the First Home Loan Deposit Scheme is a reflection of the market’s resilience to the COVID-19... READ MORE
Over a quarter of businesses ‘knocked back’ by lenders

Over a quarter of businesses ‘knocked back’ by lenders
by Reporter • 19 Aug 2020
One in four businesses grappling with the economic fallout from the COVID-19 pandemic has had their application for... READ MORE

Loan Market grows broker network
by Malavika Santhebennur • 19 Aug 2020
Over 150 brokers joined the Loan Market franchise last financial year, which the group attributed to the BID... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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