Mortgage and Finance Brokers Breaking News - The Adviser

Suncorp highlights broker utility in Treasury submission

by Charbel Kadib • 9 Oct 2019

The non-major bank has lodged a submission to Treasury as part of the consultation process for the proposed best... READ MORE

Resimac, Citi cut variable rates

by Hannah Dowling • 9 Oct 2019

Both lenders have announced cuts to variable interest rates by 15 basis points, short of the full 25 basis point cut by... READ MORE

Non-major appoints interim CFO

by Malavika Santhebennur • 9 Oct 2019

MyState Bank has appointed Gary Dickson to the role of interim CFO. READ MORE

Lenders need to ‘get with the program’ on digitised variations

by Hannah Dowling • 9 Oct 2019

With digital loan applications now an industry standard, lenders should be focused on the digitisation of the loans... READ MORE

Macquarie outperforms majors in mortgage market

by Charbel Kadib • 8 Oct 2019

The non-major bank has recorded stronger mortgage portfolio growth than each of the big four banks, new APRA data has... READ MORE

GO1.com launches scholarship program for brokers

by Reporter • 8 Oct 2019

Compliance, professional development and training platform GO1 has announced the launch of a scholarship program... READ MORE

Short-term lender launches in-house auditorium

by Malavika Santhebennur • 8 Oct 2019

HomeSec Business Finance has announced the opening of a $650,000 conference facility for use by brokers and broking... READ MORE

Smartphone enters consumer finance market

by Malavika Santhebennur • 8 Oct 2019

Smartphone brand realme will enter the consumer finance market in Australia through Make It Mine. READ MORE

Macquarie, ING among several lenders to cut rates

by Charbel Kadib • 7 Oct 2019

A number of non-major lenders have reduced their variable home loan rates, most of which have fallen short of the full... READ MORE

Lenders keen on FHB loan deposit scheme consultation

by Malavika Santhebennur • 7 Oct 2019

The National Housing Finance and Investment Corporation has seen strong interest from brokers as it seeks feedback on... READ MORE

ASIC issues notice to AFSL holders

by James Mitchell • 7 Oct 2019

The corporate regulator has flagged high levels of non-compliant Australian financial services licensees when it comes... READ MORE

Banks back funding financial counselling

by Malavika Santhebennur • 7 Oct 2019

The ABA has supported recommendations for the big four banks to partly fund the financial counselling sector. READ MORE

Final call: Best interests duty submissions due today

by Charbel Kadib • 4 Oct 2019

Today is the last day in which broking industry stakeholders can lodge submissions to Treasury regarding the federal... READ MORE

Variable mortgage rate cuts continue

by Charbel Kadib • 4 Oct 2019

Non-major lenders have repriced their mortgage products following the Reserve Bank’s latest cut to the cash rate. READ MORE

RateSetter joins PLAN’s lender panel

by Reporter • 4 Oct 2019

The peer-to-peer lender has announced that it has joined PLAN Australia’s panel of lenders in a bid to boost its... READ MORE

Stone Real Estate’s mortgage brokerage hires MD

by Malavika Santhebennur • 4 Oct 2019

A real estate agency’s mortgage broking arm has appointed a former banker as its new managing director. READ MORE

Treasurer blasts big 4 for failing to pass on full cut

by Charbel Kadib • 3 Oct 2019

The banks have “a lot of explaining to do”, Treasurer Josh Frydenberg has said, after all four major banks failed... READ MORE

Low rates fail to lure new home buyers

by Malavika Santhebennur • 3 Oct 2019

Record-low interest rates are not doing anything to persuade Australians to enter the property market, but refinancing... READ MORE

AMM reshuffles leadership team

by Reporter • 3 Oct 2019

The mortgage management firm has announced changes to its organisational structure. READ MORE

ABA pushes ahead with SME advocacy campaign

by Malavika Santhebennur • 3 Oct 2019

The banking association has continued its work in promoting finance opportunities for small businesses. READ MORE

Mortgage rates drop in response to RBA move

by Charbel Kadib • 2 Oct 2019

Lenders have begun to slash their home loan rates in response to the Reserve Bank’s latest cut to the cash rate. READ MORE

Broking industry reacts to record low cash rate