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Open banking expected to ease income and expense verification

Open banking expected to ease income and expense verification
by Annie Kane • 5 Nov 2020
The finding comes in a new report, The State of Open Banking in Australia, launched by technology provider... READ MORE
Major banks slash interest rates

Major banks slash interest rates
by Malavika Santhebennur • 5 Nov 2020
ANZ, CBA, NAB and Westpac have announced rate cuts to several of their loan products for new borrowers, following... READ MORE
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Non-bank completes $55m capital raise
by Annie Kane • 5 Nov 2020
In September, the commercial lender announced that it had reduced its rate on interest-only first mortgages by 25... READ MORE
How property demand is shifting amid COVID-19

How property demand is shifting amid COVID-19
by Malavika Santhebennur • 4 Nov 2020
La Trobe Financial’s chief lending officer, Cory Bannister, told The Adviser’s In Focus segment on the changing... READ MORE
CBA fined for lending to problem gambler

CBA fined for lending to problem gambler
by Reporter • 2 Nov 2020
The Federal Court has issued a $150,000 penalty to the Commonwealth Bank of Australia (CBA) for breaches of... READ MORE
Mortgage Choice adds neobank to panel

Mortgage Choice adds neobank to panel
by Malavika Santhebennur • 2 Nov 2020
Mortgage Choice has announced that it has added 86 400 to its residential lending panel. According to Mortgage... READ MORE
ING announces new CEO

ING announces new CEO
by Annie Kane • 29 Oct 2020
Effective from 16 November, Melanie Evans, the lender’s current head of retail bank, will be promoted to the role... READ MORE
BOQ eases expense validation policy

BOQ eases expense validation policy
by Reporter • 29 Oct 2020
The Bank of Queensland (BOQ) has announced changes to its living expense validation policy for home loan applications... READ MORE
NAB joins affordable housing cooperative

NAB joins affordable housing cooperative
by Reporter • 28 Oct 2020
NAB has announced that it will be joining the Constellation Project (Constellation) as an Alliance Member to support... READ MORE
Bank overhauls rem model, reduces upfront commissions

Bank overhauls rem model, reduces upfront commissions
by Reporter • 27 Oct 2020
Bankwest has overhauled its broker commissions and clawback structure, effective for settlements from 1 January... READ MORE
Westpac rolls out new offer for mortgage guarantors

Westpac rolls out new offer for mortgage guarantors
by Reporter • 27 Oct 2020
Westpac Group has announced the introduction of a new term deposit rate offer for guarantors providing security for a... READ MORE
Lenders blitz mortgage market with cashbacks

Lenders blitz mortgage market with cashbacks
by Reporter • 27 Oct 2020
According to an analysis from comparison website RateCity, the number of lenders offering cashback deals to... READ MORE
RAMS to move to ‘simplified’ business model

RAMS to move to ‘simplified’ business model
by Annie Kane • 26 Oct 2020
Speaking to The Adviser, Jake Bromwich, managing director of RAMS, noted that the group’s core business model is... READ MORE
WA extends home building grant construction deadline

WA extends home building grant construction deadline
by Annie Kane • 26 Oct 2020
In June, the government of Western Australia revealed its $147-million Building Bonus program, which provides $20,000... READ MORE
Major banks open New Home Guarantee waitlists

Major banks open New Home Guarantee waitlists
by Annie Kane • 21 Oct 2020
The First Home Loan Deposit Scheme (FHLDS) New Home Guarantee was among the measures announced by Treasurer Josh... READ MORE
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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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