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Breaking News
Deposit Power posts 44% year-on-year growth
by Malavika Santhebennur • 16 Oct 2020
The deposit bond provider has attributed a substantial year-on-year growth in revenue to brokers increasingly...
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Wisr kicks off FY21 with 47% loan growth
by Reporter • 16 Oct 2020
The lender has reported a sharp increase in lending volumes over the first quarter of the 2021 financial year.
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Hot Property: The biggest property headlines from the week 12-16...
by Reporter • 16 Oct 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 16...
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Record number of mortgage brokers writing commercial loans
by Annie Kane • 15 Oct 2020
The number of mortgage brokers writing commercial loans has hit a new high for the second time in a row, with the value...
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AFG brokers lodged record $18bn in 1Q21
by Annie Kane • 15 Oct 2020
More than $18 billion worth of loans were lodged by AFG brokers in the first quarter of FY21, the aggregator has...
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PLAN Australia rolls out two white label products
by Malavika Santhebennur • 15 Oct 2020
The aggregator has followed the footsteps of Choice Aggregation by expanding its white label offering in partnership...
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How this broker chose his aggregator
by Malavika Santhebennur • 15 Oct 2020
Melbourne-based mortgage broker Bernard Desmond recounts his painstaking process of choosing a new aggregator for his...
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Mutual bank to move to ‘digital first’ strategy
by Annie Kane • 14 Oct 2020
Teachers Mutual Bank Ltd has revealed that it is moving to a “digital first” strategy and will develop an online...
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New Broker Academy 2020 launches
by Annie Kane • 14 Oct 2020
New and prospective brokers will learn the key strategies and tools they need to succeed at The Adviser’s New Broker...
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Virgin Money announces aggregator deal
by Malavika Santhebennur • 14 Oct 2020
The lender has formed a new partnership with Vow Financial which will allow the aggregator’s brokers access to its...
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Quarter of SMEs risk shutdown without support
by Malavika Santhebennur • 14 Oct 2020
A quarter of small businesses that are currently receiving income support would shut down if this support was removed...
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Lender to pay trail on loans with extended deferrals
by Annie Kane • 13 Oct 2020
A non-major lender has confirmed that it will continue to pay trail to brokers whose clients require extended loan...
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Liberty appoints national sales manager
by Malavika Santhebennur • 13 Oct 2020
The non-bank lender has appointed internally for its newly created role of national sales manager.
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NSW, Vic get lion’s share of SME scheme: CBA
by Malavika Santhebennur • 13 Oct 2020
Nearly two-thirds of the funding provided under the first phase of the Coronavirus SME Guarantee Scheme by the major...
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Commercial brokerage acquires asset finance broker
by Annie Kane • 12 Oct 2020
Commercial finance and insurance brokerage QPF Finance Group has acquired an 80 per cent interest in an asset finance...
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FHLDS New Home Guarantee details released
by Annie Kane • 12 Oct 2020
Further details regarding the new 10,000 places released under the First Home Loan Deposit New Home Guarantee scheme...
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Former BDM banned for falsifying loan documents
by Malavika Santhebennur • 12 Oct 2020
A former St.George Bank BDM has been banned from engaging in credit activity and providing financial services for five...
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ActivePipe integrated into Podium in new partnership
by Malavika Santhebennur • 12 Oct 2020
Three aggregators have partnered with marketing automation platform ActivePipe to provide their 4,000 brokers with...
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Call for states to harmonise e-signing laws
by Annie Kane • 9 Oct 2020
Federal and state governments are being called on to not only make permanent the ability for mortgages to be signed...
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AAT upholds ban on former director of credit business
by Reporter • 9 Oct 2020
The former director of Financial Circle has been permanently banned from engaging in credit activities after the...
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Why this broker charges a fee for service
by Malavika Santhebennur • 9 Oct 2020
Infinity Group Australia director Graeme Holm explains why he began charging fees for services and started operating an...
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Hot Property: The biggest property headlines from the week 5-9 October
by Reporter • 9 Oct 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 9...
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Aggregator heads welcome budget 2020-21
by Annie Kane • 8 Oct 2020
The heads of several leading aggregation groups have welcomed the budget 2020-21 but noted the “gut-wrenching” size...
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Lenders applaud FHLDS expansion
by Annie Kane • 8 Oct 2020
The expansion of the First Home Loan Deposit Scheme to include another 10,000 places this financial year has been...
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Choice launches two white label products
by Malavika Santhebennur • 8 Oct 2020
The aggregator has partnered with a non-bank lender to expand its white label offering with two new products.
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