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Greg Ashe

ASIC urged to ‘dial back’ BID guidance
by • 26 Feb 2020
The regulator has “overreached” in its interpretation of the best interests duty and should “dial back” its...READ MORE
ASIC

Non-mortgage package products subject to BID: ASIC
by • 26 Feb 2020
Brokers will be required to meet their best interests duty obligations when assessing the suitability of other credit... READ MORE

SME lender appoints new sales manager for WA/SA
by • 26 Feb 2020
Working capital lender Scottish Pacific has made a new senior appointment to service commercial finance brokers,... READ MORE
Banned

Financial adviser banned for BID breach
by Lachlan Maddock • 26 Feb 2020
ASIC has permanently banned a Queensland-based financial adviser and cancelled the AFSL of Financial Options Pty... READ MORE

ASIC applauded for BID guidance approach
by • 25 Feb 2020
Several members of industry have applauded the financial services regulator’s draft guidance on the incoming best... READ MORE
Heritage Bank

Heritage profits down despite loan, deposit growth
by • 25 Feb 2020
The customer-owned bank has recorded a 5 per cent decline in its profit after tax despite growth in both loan approvals... READ MORE
Yellow Brick Road

YBR signs $120m RMBS deal
by • 25 Feb 2020
The financial services group has agreed terms with an Australian bank for a $120-million residential mortgage-backed... READ MORE

Broker calls for finance industry to embrace CSR
by • 25 Feb 2020
The principal and founder of Astute Ability Finance Group, Mhairi MacLeod, has renewed her call for further adoption of... READ MORE

ASIC outlines record-keeping obligations for BID compliance
by • 24 Feb 2020
The corporate regulator has outlined the documentation it expects mortgage brokers to store as means to demonstrate... READ MORE
AFG

AFG profits up despite slip in volumes
by • 24 Feb 2020
The mortgage aggregator has reported a 10 per cent earnings increase, despite a $400-million decline in settlements... READ MORE
MyState

MyState to bank on FHBs as settlements slip
by • 24 Feb 2020
The Tasmania-based bank has reported a 15.4 per cent decrease in its loan settlements in the first half of the 2020... READ MORE

Brokers invited to assess lender performance in new survey

by Michael Johnson • 24 Feb 2020
A major survey of the lending space has launched, calling on brokers to assess the performance of Australia’s... READ MORE

Pepper unveils national brand campaign
by • 24 Feb 2020
The non-bank lender has revealed a multimillion-dollar brand campaign in the form of a parody music video called... READ MORE

Brokers honoured at Better Business Awards WA
by • 21 Feb 2020
The leading brokers, BDMs and loan administrators from Western Australia have been honoured at the Better Business... READ MORE
Mortgage Choice

Settlement spike brightens Mortgage Choice result
by • 21 Feb 2020
The broking franchise has reported a sharp slide in its underlying earnings, offset by strong home loan settlement... READ MORE
HashChing CEO Arun Maharaj

Brokers feeling ‘optimistic’ for 2020
by • 21 Feb 2020
The vast majority of brokers feel positively about the property market and the subsequent outcomes for their business... READ MORE

ASIC releases draft BID guidance
by Charbel Kadib • 20 Feb 2020
The corporate regulator has published its long-awaited guidance on the obligations of mortgage brokers under the newly... READ MORE
ANZ

ANZ laments broker retreat, anticipates subdued growth
by • 20 Feb 2020
The big four bank is anticipating subdued settlement growth in the coming year, weighed down by weaker volumes via the... READ MORE
Macquarie revises serviceability measures

Macquarie revises serviceability measures
by • 20 Feb 2020
The non-major has announced that it is revising its maximum acceptable debt-to-income measure for high loan-to-value... READ MORE
Gayle Stapleton

Don’t be everything to everyone, urges broker
by • 20 Feb 2020
Stapleton Finance founder Gayle Stapleton has suggested that broker focus on a niche rather than trying to be all... READ MORE
Loan Market

More brokers join franchise in wake of BID
by • 20 Feb 2020
Several brokerages joined the Loan Market franchise in January, an influx the group has attributed to new... READ MORE

Aussie to undergo major tech overhaul this year
by • 19 Feb 2020
The major brokerage has revealed that it is overhauling its broker and customer-facing tools this year, as it looks to... READ MORE

Brokers lose out to branches in FHB scheme
by • 19 Feb 2020
Brokers introduced just under 30 per cent of all loans in the government-backed First Home Loan Deposit Scheme,... READ MORE
Nick Reily

Online lender appoints new NSW/ACT BDM

by • 19 Feb 2020
SME lender OnDeck Australia has appointed former Rugby Sevens captain and broker Nick Reily to the newly created role... READ MORE

Lender to consider ‘lifestyle changes’ in serviceability test
by • 19 Feb 2020
Demonstrable commitments from prospective borrowers to adjust their spending ahead of a home loan application will be... READ MORE

Brokers beef up Bendigo’s mortgage book
by • 18 Feb 2020
The non-major has released its half-year results, reporting above-system home lending growth, mostly driven by the... READ MORE

Banjo expands into broker space
by • 18 Feb 2020
SME fintech Banjo is ramping up its offering to brokers with new products and new aggregator partnerships this year, as... READ MORE

Mutual bank joins SFG panel
by • 18 Feb 2020
Specialist Finance Group has announced the addition of MOVE Bank to its lender panel, giving SFG brokers access to the... READ MORE

Heritage lowers fixed rates for investors
by • 18 Feb 2020
The non-major bank has announced cuts of up to 30 basis points across investor fixed-rate products, as well as the... READ MORE
Deloitte

Robo-advice, AI flagged as major threats to broker proposition

by • 17 Feb 2020
Mortgage industry representatives have named robo-advice and artificial intelligence as emerging threats to the broker... READ MORE
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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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