Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

AFCA broker complaints drop in the ocean

by Malavika Santhebennur • 8 Jul 2020

The number of complaints made to AFCA against all brokers have remained insignificant, despite AFCA receiving...READ MORE

RBA stance unchanged despite looming ‘shock’

by Charbel Kadib • 7 Jul 2020

The Reserve Bank’s monetary policy remains unchanged despite growing fears of a “serious shock” to the economy... READ MORE

Major bank overhauls guarantor policy

by Charbel Kadib • 7 Jul 2020

A big four bank has broadened the list of acceptable family members and loan purposes under its guarantee policy for... READ MORE

Borrowers fail to cash in on lower rates

by Malavika Santhebennur • 7 Jul 2020

More than half of all mortgage-holders believe that the interest rate on their home loans could be lower, but are... READ MORE

Nearly a third of Millennials expect to buy property soon

by Annie Kane • 7 Jul 2020

A third of Millennials and a quarter of all Australians expect to buy a property in the next two years, with many... READ MORE

YBR appoints new CFO

by Reporter • 7 Jul 2020

The financial services group has announced the appointment of a new chief financial officer.

Approval lags, credit crunch chief pain points among brokers

by Charbel Kadib • 6 Jul 2020

Lags in the loan application process and credit policy tightening from lenders have been cited as the key concerns... READ MORE

Committee’s rejection of Hayne ban ‘validates’ rem model

by Reporter • 6 Jul 2020

Support for the current broker remuneration model from the chair of the House of Representatives’ standing committee... READ MORE

Vero Insurance announces SME recovery grant

by Malavika Santhebennur • 6 Jul 2020

Vero Insurance has announced a $250,000 business recovery grant to assist SME customers affected by COVID-19, with... READ MORE

Lender lowers debt-to-income threshold

by Reporter • 6 Jul 2020

A non-major bank has adjusted its risk appetite amid ongoing credit quality risks associated with the COVID-19... READ MORE

Suncorp eyes growth in broker space

by Charbel Kadib • 3 Jul 2020

The chief executive of Suncorp is intent on bolstering the bank’s revenue performance by restoring the confidence of... READ MORE

Australian Broking Awards 2020: The full finalist list

by Annie Kane • 3 Jul 2020

The full finalist list for the Australian Broking Awards 2020, run in partnership with principal partner NAB, has now... READ MORE

FHBs confused over grants and schemes

by Malavika Santhebennur • 3 Jul 2020

There is a lack of knowledge among first home buyers about grants and schemes available to them, particularly those who... READ MORE

AFCA sees limited COVID-19 complaints

by Malavika Santhebennur • 3 Jul 2020

AFCA has seen fewer COVID-19 linked complaints than expected, but has predicted this may rise when government and... READ MORE

Hot Property: The biggest property headlines from the week 29 June-3...

by reporter • 3 Jul 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 3... READ MORE

Australian Broking Awards 2020: Technology Platform of the Year...

by Annie Kane • 2 Jul 2020

The Adviser is pleased to announce the finalists for the Technology Platform of the Year category for the Australian... READ MORE

Clawback conflicts flagged at parliamentary hearing

by Charbel Kadib • 2 Jul 2020

The industry needs to address potential conflicts associated with current clawback mechanisms in the third-party space,... READ MORE

Australian Broking Awards 2020: Broker Marketing Platform of the Year...

by Annie Kane • 2 Jul 2020

The Adviser is pleased to announce the finalists for the Broker Marketing Platform of the Year category for the... READ MORE

Bank excludes JobKeeper payments from serviceability test

by Reporter • 2 Jul 2020

A lender has announced a number of changes to its credit policy, including increases to non-base income haircuts and... READ MORE

Aggregator launches anonymous broker blog

by Malavika Santhebennur • 2 Jul 2020

Choice Aggregation Services has launched a new monthly blog, which will be written by an anonymous broker called Broker... READ MORE

Australian Broking Awards 2020: Major Brokerage - Franchise and...

by Annie Kane • 1 Jul 2020

The Adviser, in partnership with ANZ, is pleased to announce the finalists for the Major Brokerage of the Year -... READ MORE

Australian Broking Awards 2020: Social and Community Engagement...

by Annie Kane • 1 Jul 2020

The Adviser, in partnership with ANZ, is pleased to announce the finalists for the Social and Community Engagement... READ MORE

Brokerage reports three-year high in leads

by Malavika Santhebennur • 1 Jul 2020

Mortgage Choice has recorded its highest month of leads in three years, leading to a jump in application numbers in... READ MORE

‘Hayne got it wrong’: Committee chair backs status quo

by Charbel Kadib • 30 Jun 2020

Commissioner Kenneth Hayne’s recommendation to overhaul the broker remuneration model missed the mark, according to... READ MORE

Australian Broking Awards 2020: New Office and Loan Administrator of...

by Annie Kane • 30 Jun 2020

The Adviser, in partnership with Teachers Mutual Bank Limited, is pleased to announce the finalists for the New Office... READ MORE

Brokers prepared for BID but want further support: MyState

by Malavika Santhebennur • 30 Jun 2020

While the majority of brokers feel prepared to comply with the BID legislation, many of them would like more support... READ MORE

Australian Broking Awards 2020: Mentor of the Year finalists revealed!

by Annie Kane • 30 Jun 2020

The Adviser, in partnership with Teachers Mutual Bank Limited, is pleased to announce the finalists for the Mentor of... READ MORE

Brokers embrace going digital during COVID-19

by Malavika Santhebennur • 30 Jun 2020

Mortgage brokers are adopting to the rapid digitisation of the loan writing process triggered by COVID-19, while a... READ MORE

Broking groups to face parliamentary scrutiny

by Charbel Kadib • 29 Jun 2020

Broking industry stakeholders have been called to appear before a parliamentary committee as part of a review into... READ MORE

ASIC open to providing further BID guidance, if necessary

by Annie Kane • 29 Jun 2020

The regulator is open to providing further guidance or explanation on the best interests duty in future, should the... READ MORE

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