Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Wisr reports 92% surge in loan originations

by Reporter • 29 Jul 2020

A spike in loan originations has contributed to an 18 per cent increase in the fintech’s operating revenue, its...READ MORE

CBA fintech launches app for first-time SMEs

by Malavika Santhebennur • 29 Jul 2020

A CBA-owned fintech has launched an app for SMEs to start their business, along with a cash incentive for SMEs that... READ MORE

Federal court winds up illegal investment scheme

by Lachlan Maddock • 29 Jul 2020

The Federal Court has made orders to wind up an unregistered managed investment scheme after its operators were found... READ MORE

CML to acquire invoice finance lender

by Annie Kane • 28 Jul 2020

CML Group has entered into a binding agreement to purchase Skippr Invoice Finance in its latest plans to expand its... READ MORE

Home buyer appetite remains strong

by Malavika Santhebennur • 28 Jul 2020

Sydney and Melbourne have returned strong clearance rates (excluding withdrawn properties), indicating homes are still... READ MORE

YBR reports settlement, book growth

by Reporter • 28 Jul 2020

The diversified mortgage business has closed the 2020 financial year with an increase in home loan settlements.

Government urged to simplify advice regulation

by Miranda Brownlee • 28 Jul 2020

An industry association has called on the government to simplify the regulatory framework for financial advice, with... READ MORE

NSW abolishes stamp duty for homes under $800k

NSW abolishes stamp duty for FHB homes under $800k

by Annie Kane • 27 Jul 2020

The NSW state government has abolished stamp duty for first home buyers purchasing new homes under $800,000, a move... READ MORE

Major bank introduces new serviceability probe

by Charbel Kadib • 27 Jul 2020

Brokers will now be required to document their clients’ post-retirement mortgage repayment plans, with a big four... READ MORE

Business lending volumes bounce

by Reporter • 27 Jul 2020

Treasurer Josh Frydenberg has reported a sharp increase in the flow of business credit from the big four banks over the... READ MORE

Younger cohort slammed with COVID-19 job loss

by Malavika Santhebennur • 27 Jul 2020

Younger Australians have been most affected by the economic crisis of COVID-19, with almost half losing their jobs or... READ MORE

Treasurer details severity of COVID headwinds

by Charbel Kadib • 24 Jul 2020

The budget deficit has surged to unprecedented levels, and the unemployment rate is set to hit a record high,... READ MORE

AFG prices largest RMBS transaction to date

by Malavika Santhebennur • 24 Jul 2020

The aggregation group has successfully priced its largest RMBS transaction to date, totalling $700 million.

Hot Property: The biggest property headlines from the week 20-24 July...

by reporter • 24 Jul 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 24... READ MORE

Amfin welcomes new head of sales and BDM

by reporter • 24 Jul 2020

The asset finance specialist has appointed Paul Murray as its new head of sales and expanded its business development... READ MORE

Heritage appoints head of business to spearhead expansion

by Reporter • 23 Jul 2020

The mutual bank has revamped its business division as part of a plan to “quadruple” its business portfolio and... READ MORE

AFG brings on digital mortgage lender

by Annie Kane • 23 Jul 2020

The major aggregation group has signed a strategic partnership with 86 400 to give its brokers access to the... READ MORE

Aussie partners with Salesforce

by Malavika Santhebennur • 23 Jul 2020

Aussie has partnered with Salesforce as part of its ongoing “digital transformation” for its broker... READ MORE

Why this broker values strong accountant relationships

by Malavika Santhebennur • 23 Jul 2020

The recently crowned Broker of the Year stresses the importance of building trust with referral partners and clients to... READ MORE

FBAA head urges lenders to resolve processing lags

by Charbel Kadib • 22 Jul 2020

Turnaround times, VOI processes and form standardisation have been flagged by FBAA managing director Peter White as... READ MORE

Specialist lender appoints new GM of distribution

by Annie Kane • 22 Jul 2020

RedZed has hired its first executive general manager of distribution as part of its growth strategy to support and... READ MORE

Government extends JobKeeper scheme

by Malavika Santhebennur • 22 Jul 2020

The federal government has announced an extension to JobKeeper payments, following the release of a review into the... READ MORE

Suncorp introduces digital signatures for loans

by Malavika Santhebennur • 22 Jul 2020

Suncorp has announced that it is now accepting electronic signatures on residential loan forms.

FHB scheme director lauds ‘phenomenal’ brokers

by Reporter • 21 Jul 2020

The director of the First Home Loan Deposit Scheme has praised the third-party channel for its contribution to... READ MORE

CBA rolls out financial abuse support program

by Malavika Santhebennur • 21 Jul 2020

The major bank has launched two new services under a new program to support people impacted by financial abuse.

1 in 5 SMEs opting for local lenders

by Reporter • 21 Jul 2020

Almost a quarter of small businesses are preferencing locally based credit institutions when searching for finance... READ MORE

Government extends Coronavirus SME Guarantee Scheme

by Annie Kane • 20 Jul 2020

The government guarantee scheme for small businesses is to be extended to permit secured lending and increase the... READ MORE

Lender ramps up home lending scrutiny

by Charbel Kadib • 20 Jul 2020

COVID-induced crackdowns on home loan serviceability have continued with yet another lender reducing its risk... READ MORE

ANZ launches eSign tool

by Malavika Santhebennur • 20 Jul 2020

The major bank has announced that it is introducing a new digital signature and document execution process, effective... READ MORE

Emotional hygiene: Returning to the office post-COVID-19

by Annie Kane • 20 Jul 2020

As businesses return to offices and prepare for work post-COVID, creating a calm working environment for your staff is... READ MORE

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