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Breaking News
Bankwest throws support behind brokers
by Staff Reporter • 8 Aug 2017
The major bank subsidiary has been dialing up its support for the third-party channel with a range of online mortgage...
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Independent property portal launches tailoring tool
by Staff Reporter • 7 Aug 2017
In preparation for the spring selling season, one independent property portal has launched a tailored data-driven tool,...
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Major bank mortgages to go digital
by James Mitchell • 7 Aug 2017
Following the 1 August deadline for paperless refinancing, one major lender has explained how technology is reshaping...
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P&N Bank extends ties with Perth Wildcats
by Staff Reporter • 7 Aug 2017
P&N Bank has announced that it will be maintaining its partnership with the Perth Wildcats a few months before the...
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‘Time for me to step down’: MFAA chair
by James Mitchell • 4 Aug 2017
The industry association has named a new chair-elect to replace outgoing chair Cynthia Grisbrook.
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NAB asks brokers for more information on IO loans
by Reporter • 4 Aug 2017
Brokers wishing to place customers into an interest-only mortgage with NAB will be required to collect and provide...
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HashChing receives more than $9bn of loan applications
by Reporter • 4 Aug 2017
Online mortgage marketplace HashChing has celebrated its second birthday and revealed that it has received more than $9...
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Former big bank adviser charged with forging documents
by Lucy Dean • 4 Aug 2017
The Australian Securities and Investments Commission has charged a former adviser at NAB with forging financial...
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Cross-selling 'doesn’t work', says bank CEO
by Reporter • 4 Aug 2017
Suncorp Group CEO Michael Cameron has suggested that cross-selling products to customers “doesn’t work”, but has...
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Mortgage fraud case ‘reassuring’ for brokers
by Lucy Dean • 4 Aug 2017
In a “reassuring” verdict for brokers, the Supreme Court of New South Wales has ruled against a defendant who...
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CBA heads to court over money laundering allegations
by James Mitchell • 3 Aug 2017
Australia’s financial intelligence and regulatory agency initiated, on 3 August, civil penalty proceedings in the...
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Virgin Money raises IO rates by up to 50 bps
by Lucy Dean • 3 Aug 2017
Virgin Money is the latest to join the ranks of lenders raising rates on interest-only loans, increasing fixed rates by...
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Aussie sells nMB to Liberty Financial
by Reporter • 3 Aug 2017
Leading non-major lender Liberty Financial has acquired wholesale aggregator nMB from Aussie Home Loans, effective...
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New Broker Academy extended to Brisbane and Perth
by staff reporter • 3 Aug 2017
Due to popular demand, The Adviser’s New Broker Academy will visit Perth and Brisbane in October to equip new...
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Choice adds Virgin Money to lender panel
by Staff Reporter • 2 Aug 2017
Virgin Money has announced that it will be teaming up with major aggregator Choice Aggregation Services just a year...
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Major bank implements Sedgwick remuneration reforms
by James Mitchell • 2 Aug 2017
A big four bank has announced significant changes to its incentives program, following recommendations outlined in the...
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Mutuals lift IO rates by up to 50 bps
by Lucy Dean • 2 Aug 2017
Teachers Mutual Bank and its subsidiaries have announced a raft of rate hikes to their interest-only offerings, with...
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ANZ responds to media reports on broker appetite
by Staff Reporter • 1 Aug 2017
The major bank has issued a statement in response to recent claims made by AFR columnist Christopher Joye that the...
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RBA makes official cash rate call - Aug 2017
by Reporter • 1 Aug 2017
The Reserve Bank of Australia has announced its official interest rate verdict for August following its monthly board...
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Westpac cracks down on borrower expenses
by Lucy Dean • 1 Aug 2017
Borrowers could be forced to wait for loan approval as a result of tightened expense-to-income ratio thresholds at...
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Opinion: Will this major bank cut out brokers?
by James Mitchell • 1 Aug 2017
New information has come to light about the future mortgage distribution strategy, including plans to reduce...
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Leading broker reveals how to boost your volumes
by Reporter • 1 Aug 2017
A top business writer has revealed how writing an extra three loans a month could help you go from writing $70 million...
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Brokerage on acquisition path following strong quarter
by James Mitchell • 1 Aug 2017
An ASX-listed diversified brokerage is on the hunt for acquisition opportunities after posting strong growth over the...
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NRL player’s ‘certain aura’ will help in broking career
by Lucy Dean • 31 Jul 2017
A former Manly Sea Eagles rugby player has been appointed as business development manager at Bell Partners Finance,...
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UBS: $200 fee is 'more reasonable' than broker commissions
by Reporter • 31 Jul 2017
Research analysts have suggested that reducing broker commissions, and instead paying a fee, would be “an obvious...
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