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Breaking News
Brokers the bright spot for regionals as headwinds mount
by James Mitchell • 9 Jul 2018
Australia’s challenger banks see the mortgage broking industry as a significant opportunity for growth as funding and...
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Bankwest welcomes broker feedback on commission changes
by Reporter • 9 Jul 2018
The general manager of third-party distribution at Bankwest has said that he welcomes broker feedback on the bank’s...
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Mortgage expenses rise by 43.5% in six years
by Reporter • 9 Jul 2018
Australians are spending 43.5 per cent more of their income on principal repayments on their home loans, according to...
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Former Perth finance broker sentenced to jail
by Reporter • 6 Jul 2018
A former broker has been sentenced to 21 months of imprisonment after he pleaded guilty to seven charges of giving...
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Broking triumphs over scrutiny and media criticism: Deloitte
by James Mitchell • 6 Jul 2018
The strength of the third-party channel and the value that brokers provide to consumers is overpowering mainstream...
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BOQ pulls out of low doc loans
by Reporter • 6 Jul 2018
Bank of Queensland has removed low document home loans from its offering, becoming the second bank in a week to pull...
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Lender sees personal loan originations double
by Tas Bindi • 6 Jul 2018
A marketplace lender has seen personal loan originations double in the second half of the financial year as it broadens...
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AMP Bank focuses investment on broker channel
by Reporter • 5 Jul 2018
The non-major lender has said that it is focusing on the “critically important broker and adviser channels” and...
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MFAA launches major broker advocacy campaign
by Reporter • 5 Jul 2018
A multichannel advertising campaign is being launched by the Mortgage & Finance Association of Australia to promote...
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Non-conforming mortgage arrears fall as demand rises
by Reporter • 4 Jul 2018
Non-conforming home loan delinquencies dropped by 33 basis points in April, supported by a rise in issuance, according...
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AMP reshuffles real estate leadership team
by Reporter • 4 Jul 2018
AMP Capital has announced the appointment of three new members to its real estate leadership team including a new chief...
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CBA to withdraw from low doc lending
by Reporter • 4 Jul 2018
The major bank has announced that it will remove low documentation features on all new home loans and line of credit...
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Brokers, bankers rocked by ‘messy’ mortgage market
by James Mitchell • 4 Jul 2018
Tighter credit and changing lending policies are creating confusion and complexity in the third-party channel as...
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Property prices continue to slip
by Reporter • 4 Jul 2018
National home values have fallen for the ninth consecutive month, with tighter lending conditions and the slowdown in...
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Financial group taken to court by ASIC
by Reporter • 3 Jul 2018
The corporate regulator has commenced proceedings in the Supreme Court of Queensland against a business owner/former...
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RBA announces July cash rate
by Sasha Karen • 3 Jul 2018
The central bank has today announced the official cash rate for July following its monthly board meeting.
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Bankwest announces broker commission changes
by James Mitchell • 2 Jul 2018
The Australian mortgage provider has introduced the first of three changes to broker remuneration and business in a...
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Tighter credit slowing new home sales: HIA
by James Mitchell • 2 Jul 2018
The Housing Industry Association has cited the royal commission’s impact on bank lending policies as a contributing...
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Have your say on the non-major banks
by Reporter • 2 Jul 2018
Momentum Intelligence, in partnership with The Adviser, is calling on brokers to rank the performance of the non-major...
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FBAA unsatisfied with ABC broker correction
by Reporter • 2 Jul 2018
The head of the FBAA has urged the ABC to do more to repair the damage caused by an inaccurate statement made about...
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New digital bank to offer home loans
by Reporter • 2 Jul 2018
A new digital bank will enter the mortgage market in the first quarter 2019 as it looks to challenge the traditional...
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Homeloans Ltd expands team
by Reporter • 2 Jul 2018
Non-bank lender Homeloans has created two new roles to grow the third-party sales team and help support future growth.
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Rate hike would be a ‘major policy mistake’: AMP
by Reporter • 2 Jul 2018
AMP economist Shane Oliver has dismissed a claim from former Reserve Bank board member Warwick McKibbin, who suggested...
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Australia’s top brokers revealed!
by Reporter • 29 Jun 2018
The best mortgage and finance brokers in Australia have been named at The Adviser’s Australian Broking Awards 2018.
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Brokers flagged in ASIC’s scathing ‘one-stop shop’ report
by Miranda Brownlee and James Mitchell • 29 Jun 2018
Mortgage brokers, accountants, financial planners and property agents have been named in a damning report from the...
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