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Court rules against bank for ‘unfair’ loan terms

by Reporter • 29 May 2020
The Federal Court of Australia has declared several terms within six small-business loan contracts entered into by... READ MORE

Building society employs video VOI process

by Malavika Santhebennur • 29 May 2020
The building society has introduced the process to allow VOI to be completed where a broker is unable to meet... READ MORE

Cashback offers driving new consumer behaviour

by Annie Kane • 28 May 2020
Amid a low interest rate environment and an increasing number of cashback offers from lenders, the number of... READ MORE

Why COVID-19 broking trends are here to stay

by Malavika Santhebennur • 28 May 2020
Speaking to The Adviser’s In Focus podcast, Mr White said the coronavirus pandemic led to the accelerated... READ MORE

Wisr increases maximum household lending amounts

by Wisr • 27 May 2020
We are excited to announce that our maximum household loan limit has been increased, from $50,000 to $100,000. This... READ MORE

Bank automates pre-approval process

by Charbel Kadib • 27 May 2020
In a note to brokers, Teachers Mutual Bank Ltd (TMBL) has acknowledged a spike in its turnaround times for home loan... READ MORE

Adelaide Bank tightens serviceability policy

by Reporter • 27 May 2020
Adelaide Bank has informed Connective brokers that it has introduced changes to its serviceability policy for... READ MORE

Brokers reveal which lenders are leading the way

by Annie Kane • 26 May 2020
Now in its 11th year of publication, the Third-Party Lending Report collates the findings of Momentum... READ MORE

Lender revamps broker team

by Reporter • 26 May 2020
WA-based lender Keystart has restructured its third-party distribution team around three support roles in an effort... READ MORE

Major bank hikes fixed rates amid turnaround time debacle

by Hannah Dowling • 25 May 2020
ANZ has announced that it has increased its two-year fixed home loan rate for owner-occupiers paying principal and... READ MORE

Bank adjusts upfront commissions

by Annie Kane • 22 May 2020
ME Bank has announced that it has adjusted upfront commission structure for mortgage brokers ahead of... READ MORE

ANZ strained by mortgage inflows as turnaround times spike

by Charbel Kadib • 22 May 2020
ANZ has confirmed that its processing times for home loan applications have, on average, more than doubled over the... READ MORE

Bank offers up to $4k cashback to frontline workers

by Hannah Dowling • 22 May 2020
The bank has announced the launch of a home loan refinance cashback offer of up to $3,000 for any mortgage customer... READ MORE

Senator calls on banks to extend IO periods

by Annie Kane • 21 May 2020
Following on from his call last month for lenders to convert principal and interest (P&I) home loans for... READ MORE

FBAA berates banks on loan discharge delays

by Malavika Santhebennur • 21 May 2020
The Finance Brokers Association of Australia (FBAA) has urged banks to adopt standardised documentation around... READ MORE
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