News

Challenger banks back ‘critical’ broker channel

Three neobanks have outlined that they will be working closely with the “critical” third-party channel to distribute mortgages and pr...

December 16, 2018 2

The group’s executive chairman, Mark Bouris, has outlined plans to broaden Yellow Brick Road’s loan offering, after “working hard u...

October 24, 2018 0

The big four banks’ share of broker-originated home loans is declining, with borrowers increasingly looking to smaller lenders to obtai...

October 24, 2018 4

Non-bank lenders Homeloans Ltd and RESIMAC Ltd have announced that they are to consolidate into a single brand, subject to shareholder ap...

October 23, 2018 0

The broking franchise has announced the addition of a new lender to its panel, a move that would provide its network with access to unsec...

October 23, 2018 1

A cloud-based analytics platform that can provide early warning signs of issues in the mortgage market has been released by a financial s...

October 23, 2018 0

Heritage Bank has appointed a new head of broker distribution, effective immediately. ...

October 23, 2018 1

Australia’s “first” mortgage blockchain lender, which is set to launch next year, is offering a crowdsourced funding equity to bro...

October 23, 2018 4

The chief executive officer of ANZ has said that the need to talk to a person about buying a home is a “fundamental human need” and o...

October 22, 2018 3

Brokers and their customers have been endorsing white label home loan products, according to a new survey from Advantedge Financial Servi...

October 22, 2018 2

Nominations for The Adviser’s Better Business Awards 2019, made possible through the support of principal partner NAB, are now official...

October 22, 2018 0

The last remaining major bank offering reverse mortgages and its subsidiary will withdraw their reverse mortgage products from sale next ...

October 22, 2018 6

The Australian Securities and Investments Commission has said that while the banks’ loan assessment processes have “improved markedl...

October 21, 2018 0

The property data analytics provider announced that its group sales director, Geoff White, has been appointed as national head of real es...

October 21, 2018 0

Shutting down the broking industry would be “extreme” and would have a “dramatic” impact on the Australian economy, a major bank ...

October 21, 2018 22

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13 December 2018 Brokerage CEO reveals ‘the most important thing a broker does’

Problem-solving and offering transparency and education around mo...

13 December 2018 Bank CEO urges RC to consider ACCC findings

The CEO of a non-major bank has called on the financial services ...

13 December 2018 FBAA welcomes ASIC reduction of fees

The Finance Brokers Association of Australia has welcomed the ne...

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