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Breaking News
Connective backs merger utility amid ACCC doubts
by Charbel Kadib • 14 Feb 2020
The proposed merger with AFG will deliver “great outcomes” for brokers and their customers, Connective director...
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Finsure reports record Q2 settlements
by Malavika Santhebennur • 14 Feb 2020
The mortgage aggregator has posted record settlements for the second quarter of the 2020 financial year, and grown its...
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FHB scheme applicant trends revealed
by Hannah Dowling • 14 Feb 2020
Details of the first applicants taking part in the government’s First Home Loan Deposit Scheme have been revealed by...
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Leading SA/NT brokers celebrated at the Better Business Awards 2020
by Annie Kane • 14 Feb 2020
Brokers, BDMs and loan administrators from South Australia and the Northern Territory have been honoured at the Better...
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BID won’t change strategy; Aussie remains in limbo: Comyn
by Charbel Kadib • 13 Feb 2020
The Commonwealth Bank CEO does not expect the passage of the Best Interests Duty Bill to materially alter the bank’s...
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Mortgage title verification service launches
by Hannah Dowling • 13 Feb 2020
NSW Land Registry Services has launched a new mortgage title verification service, allowing lenders to accurately...
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Brokers urged to steer SMEs to commercial finance
by Malavika Santhebennur • 13 Feb 2020
Brokers are being urged to have conversations with SME owners about the availability of commercial finance options that...
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ACCC raises concerns about AFG-Connective merger
by Annie Kane • 12 Feb 2020
The competition watchdog has raised preliminary competition concerns about the proposed merger between Connective and...
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Revealed! The Top 25 Brokerages 2020
by Annie Kane • 12 Feb 2020
The 25 leading brokerages in Australia have been revealed in The Adviser’s annual ranking, with major brokerage...
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Capify eyes growth and M&As in 2020
by Annie Kane • 12 Feb 2020
The global CEO of SME lender Capify has revealed that the lender is focusing on growth in 2020, including potential...
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Suncorp CEO eager to ‘win back support’ from brokers
by Charbel Kadib • 12 Feb 2020
The group CEO of Suncorp has committed to improving the “speed, quality and consistency” of its service to brokers...
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Loan Market announces foreign currency partnership
by Hannah Dowling • 12 Feb 2020
The franchise brokerage has announced a new partnership, which will provide Loan Market brokers with access to...
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Timing and application of new misconduct rules questioned
by Annie Kane • 11 Feb 2020
Further concerns have been raised regarding new exposure draft legislation that will bring in new reference check and...
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ASBFEO calls for 30-day payment terms for SMEs
by Hannah Dowling • 11 Feb 2020
Introducing a mandatory supplier payment code, an industry-wide 30-day payment term and a “consistent small business...
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Major brokerage appoints new Queensland director
by Malavika Santhebennur • 11 Feb 2020
A former state relationship manager at the Commonwealth Bank of Australia has joined Loan Market as state director...
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Banks relax valuation policies
by Malavika Santhebennur • 11 Feb 2020
Major bank ANZ and non-major bank Gateway have loosened their credit and valuation policies.
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Associations call for further guidance on BID
by Annie Kane • 10 Feb 2020
Association heads have welcomed the passage of the best interests duty through Parliament but outlined that further...
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Aggregators welcome passage of BID
by Annie Kane • 10 Feb 2020
Several aggregator heads have marked the passage of the Financial Sector Reform (Hayne Royal Commission Response –...
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Mortgage Choice partners with Pepper on new white label
by Hannah Dowling • 10 Feb 2020
The major brokerage has announced the launch of a specialist lending white label product suite, created in partnership...
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Loanbid eyes expansion amid platform growth
by Hannah Dowling • 10 Feb 2020
The online home loan-bidding platform is expected to announce its intention to expand its offering into business loans,...
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Smartline to become face of REA broker business
by Annie Kane • 7 Feb 2020
Realestate.com.au Home Loans will no longer represent REA Group’s broking business, with a rebranded Smartline...
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New lending service rolled out for brokers
by Charbel Kadib • 7 Feb 2020
A fintech lender has launched a new home-lending service aimed at simplifying the underwriting process for brokers.
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Lender pulls investment product
by Charbel Kadib • 7 Feb 2020
A non-major has announced the withdrawal of an investment product due to “low demand” from customers.
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Australian Invoice Finance appoints new state BDM
by Malavika Santhebennur • 7 Feb 2020
The cash flow finance provider has appointed a Queensland BDM to boost sales in the state.
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Best Interests Duty Bill formally passed
by Annie Kane and Charbel Kadib • 6 Feb 2020
The bill containing the best interests duty for mortgage brokers has officially passed both houses, after being read...
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