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Breaking News
Aggregator reports surge in settlements
by Malavika Santhebennur • 18 Sep 2020
Purple Circle Financial Services has reported a record increase in loan settlements in August, which it attributed to...
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Hot Property: The biggest property headlines from the week 14-18...
by reporter • 18 Sep 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week...
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Resimac adds new layer of scrutiny for Victorian borrowers
by Reporter • 17 Sep 2020
The non-bank has heightened its verification requirements for mortgage applicants in Victoria subject to ongoing...
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N1H increases SME lending capacity
by reporter • 17 Sep 2020
Business, financial and property services firm N1 Holdings has expanded its SME lending capacity and its AFSL...
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APRA and ACCC agree to engage more broadly
by reporter • 17 Sep 2020
The prudential and competition regulators have agreed to a broader model of engagement with “proactive information...
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How this broker found her groove after a career leap
by Malavika Santhebennur • 17 Sep 2020
High school teacher-turned-broker Kirsty Best recounts her experience of changing careers and establishing a brokerage,...
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All non-major FHLDS places now reserved
by Annie Kane • 16 Sep 2020
All 5,000 places allocated for participating non-major banks within the FHLDS have now been reserved for the 2020-21...
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Westpac rolls back COVID-induced policy changes
by Reporter • 16 Sep 2020
The major bank has announced a number of changes to its credit policy, including the rollback of non-base income...
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Car financier found to have broken credit law
by Malavika Santhebennur • 16 Sep 2020
A used-car financier has been found to have failed to comply with the law after providing high-cost credit to...
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Bankwest updates brand logo and colours
by Annie Kane • 16 Sep 2020
The non-major bank has revealed a new logo and colour palette as part of a “clearer, simpler new look”, which is...
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Lender waives valuation fees on specialist loans
by Annie Kane • 15 Sep 2020
Non-bank lender Resimac has announced that it will be waiving the standard valuation fee for its specialist full doc...
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Brokers keen on tech tools but want support: Advantedge
by Malavika Santhebennur • 15 Sep 2020
The majority of brokers have said that they intend to use or rely on digital tools in the future but cited a lack of...
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AFG Securities updates clawback structure
by Annie Kane • 14 Sep 2020
The in-house lending division of AFG has amended its clawback structure so that full clawback only lasts for three...
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Victorian government launches swathe of grant packages
by Annie Kane • 14 Sep 2020
The Victorian government has announced a $100-million support package to assist sole traders in the state, building on...
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NAB CEO defends low take-up of SME Guarantee Scheme
by Annie Kane • 14 Sep 2020
NAB CEO Ross McEwan has outlined why take-up for the Coronavirus SME Guarantee Scheme has been low in his first...
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Annual aggregator satisfaction survey launches
by reporter • 14 Sep 2020
The annual Aggregator of Choice survey is now open, giving brokers the opportunity to rate the performance of their...
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FHBs warned against buying unregistered land
by Malavika Santhebennur • 14 Sep 2020
A buyer’s agent has warned that land developers and builders are luring FHBs by “conspiring” to advertise...
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Citigroup CEO retires, first female CEO appointed
by Annie Kane • 11 Sep 2020
Jane Fraser is set to become Citigroup’s new chief executive officer – and the first female heading up any major...
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Winners revealed for 2020 Women in Finance Awards
by reporter • 11 Sep 2020
The Adviser, in partnership with AMP Bank, is thrilled to reveal the winners for this year’s Women in Finance...
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Lender hits FHLDS limit
by Reporter • 11 Sep 2020
A non-major bank has ceased accepting applications backed by the First Home Loan Deposit Scheme.
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Prime launch bolsters Bluestone’s loan book
by Reporter • 11 Sep 2020
The non-bank’s launch into the prime space has helped trigger a 23 per cent spike in its loan portfolio.
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Aggregator unveils brand refresh
by reporter • 11 Sep 2020
Aggregation group outsource Financial has unveiled a brand refresh, launching a new website and members portal, and an...
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Hot Property: The biggest property headlines from the week 7-11...
by reporter • 11 Sep 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week...
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Broker satisfaction with CBA dives
by Charbel Kadib • 10 Sep 2020
The major bank’s net promoter score has plunged into negative territory following a second consecutive increase in...
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Simple steps that could change a life
by Annie Kane • 10 Sep 2020
With the ongoing impact of COVID-19, this year could be more important than ever to check in on one another and ask...
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