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Kathy Cummings becomes BOQ’s GM of broker

by Annie Kane • 18 Dec 2019
Bank of Queensland has appointed Kathy Cummings, who established CBA’s broking business, to the newly created role...READ MORE

Senate committee calls for best interests duty clarification

by Annie Kane • 18 Dec 2019
The Senate’s standing committee for the scrutiny of bills is calling for the incoming best interests duty to be... READ MORE

SME players urged to contribute to market survey

by Annie Kane • 18 Dec 2019
The Australian Office of Financial Management is calling on all small-business lenders to complete its survey on the... READ MORE

AFG announces NSW sales manager

by Hannah Dowling • 18 Dec 2019
The aggregator has appointed David Vizza as its new state sales manager for NSW, effective... READ MORE

ASIC approves banking code changes

by Hannah Dowling • 18 Dec 2019
ASIC has signed off on the updated version of the ABA’s Banking Code of Practice, which aims to better align with... READ MORE

Stiffer penalties flagged as alternative to BID

by Charbel Kadib • 17 Dec 2019
The industry should focus on “preventing and penalising” broker misconduct rather than imposing a new legal... READ MORE

Broker develops CSR platform for financial services sector

by Annie Kane • 17 Dec 2019
A leading asset finance broker and principal of Astute Ability Finance Group is set to launch a new corporate social... READ MORE

Volt Bank releases savings account details

by Hannah Dowling • 17 Dec 2019
The neobank has begun the onboarding process of its 40,000-strong waitlist for its initial savings account product... READ MORE

Neobank partners with FMS for digital mortgage

by Hannah Dowling • 17 Dec 2019
Challenger bank 86 400 has partnered with mortgage software provider FMS to utilise its eSign solution for... READ MORE

Reach of FHLDS questioned

by Hannah Dowling • 16 Dec 2019
Criticism for the government’s First Home Loan Deposit Scheme has sparked once more, following on from the... READ MORE

Connective welcomes HEM clarification

by Charbel Kadib • 16 Dec 2019

The mortgage aggregator has welcomed ASIC’s new guidance regarding the application of expense benchmarks.

READ MORE

Andrew Rasby becomes bank CEO

by Annie Kane • 16 Dec 2019
Former YBR GM Andrew Rasby has become the acting CEO of Police Bank following the resignation of former CEO Tony... READ MORE

Non-bank lender partners with IA Group

by Annie Kane • 13 Dec 2019
The non-bank lender has announced that it will take a controlling stake in financial services company International... READ MORE

Call for brokers to help regional businesses

by Annie Kane • 13 Dec 2019
An SME fintech is urging brokers to help regional and rural businesses secure finance as they face “more challenges... READ MORE

Brokers urged to wind down to avoid ‘burnout’

by Reporter • 13 Dec 2019
Brokers have been encouraged to take a much-needed break this Christmas amid new research revealing that a third of... READ MORE

Mortgage Choice launches marketing support program

by Hannah Dowling • 13 Dec 2019
The major brokerage has announced the launch of a new six-month support plan for brokers who purchase an existing... READ MORE

CBA joins FHB scheme lender panel

by Hannah Dowling • 12 Dec 2019
Twenty-six additional lenders have been appointed to the initial panel of the government’s First Home Loan Deposit... READ MORE

Lenders to determine fate of new RG 209

by Charbel Kadib • 12 Dec 2019
The effectiveness of ASIC’s new guidance will be contingent on its interpretation by lenders, broking industry... READ MORE

BOQ hires new relationship manager for Qld

by Annie Kane • 12 Dec 2019
The Bank of Queensland has hired former Connective BDM Aaron Hase as its new state relationship manager for its home... READ MORE

ASIC permanently bans broker, charges another

by Annie Kane • 12 Dec 2019
The financial services regulator has banned a former Aussie broker for allegedly providing false documents to banks and... READ MORE

Major bank appoints new head of broker

by Annie Kane • 11 Dec 2019
NAB has appointed a new executive general manager of broker partnerships, replacing Anthony Waldron, effective... READ MORE

Finalists for the Better Business Awards 2020 revealed

by Annie Kane • 11 Dec 2019
The finalists for The Adviser’s state-based Better Business Awards 2020 – partnered by NAB – have been revealed... READ MORE

Refinancers increasingly looking at smaller lenders

by Hannah Dowling • 11 Dec 2019
New and existing borrowers increasingly favour smaller lenders over the big four, new data from online brokerage Lendi... READ MORE

Wisr appoints CRO to prepare business for ‘industry changes’

by Reporter • 11 Dec 2019
The fintech lender has appointed a former Commonwealth Bank executive to its newly created role of chief risk and data... READ MORE

Brokerage group hires data scientist

by reporter • 11 Dec 2019
Loan Market Group has appointed a former Westpac senior analyst to be its first data scientist in anticipation of... READ MORE

BOQ, Virgin Money slash serviceability rates

by Charbel Kadib • 10 Dec 2019
The non-major and its subsidiary have lowered their interest rate floors for home loan serviceability... READ MORE

White label revenue at risk, warns NAB

by Charbel Kadib • 10 Dec 2019
Revenue earned by aggregators and mortgage managers on white label home loan products may be deemed “conflicted... READ MORE

ABA welcomes new RG 209 guidance

by Annie Kane • 10 Dec 2019
The Australian Banking Association has welcomed the new guidance on responsible lending, stating that it is an... READ MORE

What the new responsible lending guidance means for brokers

by Annie Kane • 9 Dec 2019
The financial services regulator has released its updated guidance on responsible lending obligations, which includes a... READ MORE

CIF flags risks to commissions on top-up loans

by Charbel Kadib • 9 Dec 2019
Commissions paid to brokers on top-up loans may be deemed “conflicted remuneration” under the current drafting of... 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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