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Westpac sues Forum Finance for potential fraud

Westpac sues Forum Finance for potential fraud
by Annie Kane • 2 Jul 2021
The big four bank has commenced proceedings in the Federal Court against Forum Finance Pty Ltd for an alleged...READ MORE
Bank CEOs quizzed on turnaround differentials

Bank CEOs quizzed on turnaround differentials
by Annie Kane • 2 Jul 2021
The standing committee on economics has sought clarity from several non-major bank CEOs as to why there is a huge... READ MORE
Brokers urged to be vigilant when buying/selling trail books

Brokers urged to be vigilant when buying/selling trail books
by Annie Kane • 2 Jul 2021
EOFY and the beginning of the new financial year are a peak time for finance scams. Brokers are being urged to be... READ MORE
Home buying intentions at all-time high: NAB

Home buying intentions at all-time high: NAB
by Malavika Santhebennur • 2 Jul 2021
The major bank said more Australians have said that they intend to buy a new home in 2021, while it has seen record FHB... READ MORE
Hot Property: The biggest property headlines from the week 28 June to 2 July

Hot Property: The biggest property headlines from the week 28 June to...
by Malavika Santhebennur • 2 Jul 2021

The weekly round-up of the biggest news stories from across Momentum Media’s property titles.

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BOQ completes ME Bank acquisition

BOQ completes ME Bank acquisition
by Annie Kane • 1 Jul 2021
ME Bank has officially become part of the BOQ Group following completion of the $1.32-billion... READ MORE
Mortgage Choice officially joins REA Group

Mortgage Choice officially joins REA Group
by Annie Kane • 1 Jul 2021
The major brokerage has today officially joined the REA Group, expanding the digital property advertising business’s... READ MORE
Government adds 30k spots to housing grants

Government adds 30k spots to home loan schemes
by Sarah Simpkins • 1 Jul 2021

The government has expanded the number of places available under its housing support programs by 30,000.

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Connective posts 88% growth in home loans division

Connective posts 88% growth in home loans division
by Sarah Simpkins • 1 Jul 2021
Connective Home Loans has recorded a surge in the value of its applications while managing to grow by 88 per... READ MORE
Solo home buyers ‘growing force’ in market: ME Bank

Solo home buyers ‘growing force’ in market: ME Bank
by Malavika Santhebennur • 30 Jun 2021
The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has... READ MORE
Victorian government announces Big Housing Build sites

Victorian government announces Big Housing Build sites
by Annie Kane • 30 Jun 2021
The Andrews Labor government has confirmed that Collingwood and South Yarra will be home to new social and affordable... READ MORE
NSW offers SMEs COVID-19 cash grants

NSW offers SMEs COVID-19 cash grants
by Annie Kane • 29 Jun 2021
The NSW government has launched a new grants package to support small businesses in NSW impacted by the current... READ MORE
Revealed! Finalists of the Australian Broking Awards 2021

Revealed! Finalists of the Australian Broking Awards 2021
by Annie Kane • 29 Jun 2021
A total of 238 finalists have been announced as contenders for the Australian Broking Awards 2021, run in partnership... READ MORE
4 in 10 home owners planning to sell

4 in 10 home owners planning to sell
by Sarah Simpkins • 29 Jun 2021
New research has shown a rise in Australians intending to sell their houses, with a growing number looking to... READ MORE
Bank of mum and dad backed 5% of buyers: survey

Bank of mum and dad backed 5% of buyers: survey
by Sarah Simpkins • 29 Jun 2021
Most Australians are relying on budgeting to enter the property market, with a survey finding only 5 per cent have... READ MORE
Westpac sells asset finance business

Westpac sells asset finance business
by Annie Kane • 28 Jun 2021
The big four bank has confirmed its sale of its motor vehicle dealer finance and novated leasing businesses to a... READ MORE
Unlicensed mortgage lender issued court orders

Unlicensed mortgage lender issued court orders
by Malavika Santhebennur • 28 Jun 2021
ASIC has moved to shut down an unlicensed mortgage lender, alleging misleading or deceptive conduct and engaging in... READ MORE
Role of panic buying probed in rising house prices

Role of panic buying probed in rising house prices
by Malavika Santhebennur • 28 Jun 2021
A new website developed by economics professors is exploring whether – and how much of – the housing demand is... READ MORE
Firstmac launches discounted green home loan

Firstmac launches discounted green home loan
by Malavika Santhebennur • 25 Jun 2021
The non-bank lender has launched its first discounted green home loan as part of a $750-million green mortgage-backed... READ MORE
Brokers to ramp up home loan dominance: Lendi, Athena

Brokers to ramp up home loan dominance: Lendi, Athena
by Sarah Simpkins • 25 Jun 2021
The chiefs of Lendi and Athena have outlined their expectations for the sector, predicting a growing broker market... READ MORE
CBA launches SME invoice cash flow product

CBA launches SME invoice finance product
by Malavika Santhebennur • 25 Jun 2021
The major bank is rolling out a digital invoice finance solution to enable small businesses to use their outstanding... READ MORE
Brokerage hires first GM ahead of growth plans

Brokerage hires first GM ahead of growth plans
by Annie Kane • 25 Jun 2021
Sydney-based brokerage Equilibria Finance has hired industry veteran Peter Clark as its first general manager and... READ MORE
Earlypay raises capital to fund new product

Earlypay raises capital to fund new product
by Malavika Santhebennur • 25 Jun 2021

The finance provider has announced an $18.9-million capital raise to fund a new trade finance product for SMEs.

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Wisr closes $5m raise

Wisr closes $5m raise
by Sarah Simpkins • 24 Jun 2021
Wisr has wrapped a $5-million capital raise to accelerate its loan book growth, but the lender has reported that its... READ MORE
Suncorp enables e-signatures on post-approval loan docs

Suncorp enables e-signatures on post-approval loan docs
by Malavika Santhebennur • 24 Jun 2021
The non-major bank has said that it will accept e-signatures on post-approval add and equity loan documents, effective... READ MORE
Better Business Summit and Awards Sydney postponed

Better Business Summit and Awards Sydney postponed
by Annie Kane • 23 Jun 2021
Due to the ongoing COVID-19 resurgence in Sydney, the NSW leg of the Better Business Summit and Better Business Awards... READ MORE
Lend adds FleetPartners to platform

Lend adds FleetPartners to platform
by Sarah Simpkins • 23 Jun 2021

Lend has integrated vehicle fleet leasing and fleet management provider FleetPartners into its platform.

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‘Perfect storm’ propels asset finance demand: Connective

‘Perfect storm’ propels asset finance demand: Connective
by Malavika Santhebennur • 23 Jun 2021
A range of factors has driven an increase in demand for asset finance, and the current EOFY period is the “perfect... READ MORE
MYOB, Valiant to launch data-informed business lending

MYOB, Valiant to launch data-informed business lending
by Sarah Simpkins • 23 Jun 2021
MYOB has partnered with Sydney-based lending platform Valiant to launch predictive finance offerings to SMEs based on... READ MORE
1 in 5 borrowers lies on credit applications

1 in 5 borrowers lies on loan applications
by Sarah Simpkins • 22 Jun 2021
One-fifth of Australians have admitted to not telling the whole truth on their credit applications, with a researcher... READ MORE
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Read the latest issue of The Adviser magazine!
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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