Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Non-majors begin offering FHLDS loans

by Annie Kane • 3 Feb 2020

The remaining 7,000 places for the First Home Loan Deposit Scheme are now open, as the non-major lenders begin...READ MORE

Government proposes new ACL obligations

by Charbel Kadib • 31 Jan 2020

The government is consulting on a new bill designed to impose additional information-sharing obligations on credit... READ MORE

Average loan sizes jump in tandem with home values

by Charbel Kadib • 31 Jan 2020

The rebound in residential property prices has triggered increases of up to 9.3 per cent to the average size of a... READ MORE

Newcastle Permanent raises rates on OO IO loans

by Malavika Santhebennur • 31 Jan 2020

The building society has announced that it is increasing interest rates across a couple of its home loan... READ MORE

Warning issued over supply chain finance mining

by Hannah Dowling • 31 Jan 2020

The small business ombudsman has issued a warning to big businesses abusing supply chain finance products to manipulate... READ MORE

ANZ Research revises property price forecasts

by Reporter • 31 Jan 2020

The research group has “revised up” its forecasts for home value growth over the coming year to reflect the recent... READ MORE

Loan Market appoints Westpac group head to leadership team

by Hannah Dowling • 30 Jan 2020

The major brokerage has appointed Westpac’s former head of strategy and business performance (mortgage distribution),... READ MORE

CBA commits more resources to SME lending

by Hannah Dowling • 30 Jan 2020

The major bank has introduced new initiatives to help small businesses access finance, including hiring more dedicated... READ MORE

First-tier lenders regaining appetite for commercial loans

by Reporter • 30 Jan 2020

Mainstream lenders are increasingly coming to the table to service commercial clients following a prolonged period of... READ MORE

Non-major announces bushfire relief measures

by Malavika Santhebennur • 30 Jan 2020

Macquarie Bank has announced measures to provide immediate financial relief to clients who have been impacted by the... READ MORE

Non-majors take majority share of investor loans

by Charbel Kadib • 29 Jan 2020

For the first time in recorded history, more than half of broker-originated investment home loans have been lodged with... READ MORE

Prospa joins PLAN Australia panel

by Annie Kane • 29 Jan 2020

PLAN Australia has welcomed SME lender Prospa to its panel, enabling PLAN members to offer their clients Prospa’s... READ MORE

Mortgage Choice veteran joins Purple Circle

by Charbel Kadib • 29 Jan 2020

The boutique aggregator has announced the appointment of Mortgage Choice’s former head of lending operations.

Salesforce to keynote Better Business Summit 2020

by reporter • 29 Jan 2020

The leading specialist in client relationship management, Salesforce, is set to reveal the future trends in customer... READ MORE

Mortgage Choice CEO weighs in on FHB scheme

by Hannah Dowling • 28 Jan 2020

The chief executive of the major brokerage criticised the “disappointing” reach of the government’s FHLDS,... READ MORE

Bank drops mortgage rates by up to 125 bps

by Charbel Kadib • 28 Jan 2020

A non-major has slashed home loan rates across both its owner-occupied and investment products.

AFCA launches bushfire hotline

by Malavika Santhebennur • 28 Jan 2020

The financial ombudsman has launched a hotline for those impacted by bushfires and facing disputes with claims.

Loan Market expands paperless technology use

by Hannah Dowling • 28 Jan 2020

The major brokerage has taken steps to develop “paperless” offices through investment in digital tools within its... READ MORE

CBA slips up in broker space as peers recover

by Charbel Kadib • 24 Jan 2020

Australia’s largest home lender has lost ground in the broker channel to its big four rivals, according to new... READ MORE

Non-major bank consolidates lending process

by Malavika Santhebennur • 24 Jan 2020

Non-major bank Suncorp has announced that it is removing certain manual processes in its lending application process... READ MORE

Brokers urged to act fast on FHB scheme

by Hannah Dowling • 24 Jan 2020

With the non-majors set to start offering loans for the government’s First Home Loan Deposit Scheme from 1 February,... READ MORE

Major bank slashes investor rates by up to 50 bps

by Charbel Kadib • 23 Jan 2020

A big four bank has announced reductions to investor home loan rates, applying to both new and existing... READ MORE

Mortgage manager announces new product suite

by Hannah Dowling • 23 Jan 2020

Better Mortgage Management has announced a new suite of products under the title Optimal, with rates starting from 3.34... READ MORE

Rate stability to keep property prices at bay: Domain

by Reporter • 23 Jan 2020

A rapid downward or upward spiral in dwelling values is unlikely in the coming decade, with minimal interest rate... READ MORE

Non-bank eyes prime space in new mortgage market push

by Charbel Kadib • 22 Jan 2020

A non-bank lender has unveiled plans to expand its home loan offerings after securing $250 million in funding from... READ MORE

Aussies’ intentions to buy property hit record highs

by Hannah Dowling • 22 Jan 2020

New data has shown that Australian consumers’ home buying intentions rose in December, now sitting at a record... READ MORE

Brokers urged to ease SME ‘debt hangover’

by Hannah Dowling • 22 Jan 2020

Small businesses are likely to turn to personal credit, family, or friends to fund business expenses after being... READ MORE

Government launches bushfire loans, grants for SMEs

by Annie Kane • 21 Jan 2020

Loans of up to $500,000 with zero interest for two years and grants of up to $50,000 are being made available to small... READ MORE

NAB announces board changes

by Hannah Dowling • 21 Jan 2020

The major bank has announced the appointment of former Australian of the Year Simon McKeon AO as a non-executive... READ MORE

Bankers ‘no longer equipped’ to deal with loan process

by Reporter • 21 Jan 2020

Borrowers will continue to flock to mortgage brokers for their home loan needs, with the direct channel increasingly... 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