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Prospa joins FAST lender panel
by Malavika Santhebennur • 17 Jun 2020
Aggregation group Finance & Systems Technology (FAST) has announced that Prospa has joined its panel. The... READ MORE
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NAB tightens lodgement standards to reduce lags
by Charbel Kadib • 16 Jun 2020
NAB has informed brokers that as of Friday, 19 June, documents required for the formal assessment of a loan... READ MORE
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Lockdown triggering more retirement conversations
by Annie Kane • 12 Jun 2020
According to Nick Young, director of trail book buyer Trail Homes, more brokers are now looking at retiring or... READ MORE
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AOFM to invest $90m in Prospa warehouse
by Hannah Dowling • 12 Jun 2020
The Structured Finance Support Fund (SFSF) was announced by the government in March as a $15-billion investment fund,... READ MORE
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CBA faces class action over credit insurance
by Annie Kane • 11 Jun 2020
Slater and Gordon has filed a class action in the Federal Court against Commonwealth Bank of Australia (CBA) and its... READ MORE
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Lender lifts fixed mortgage rates
by Reporter • 11 Jun 2020
Newcastle Permanent has increased fixed rates by 10 bps on its Premium Plus Package, effective from Wednesday, 10... READ MORE
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New non-resident loan product launched
by Hannah Dowling • 11 Jun 2020
The new product, named the “options non-resident loan” was launched in response to other lenders withdrawing from... READ MORE
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Deferral customers prematurely resuming repayments: ANZ
by Charbel Kadib • 9 Jun 2020
ANZ’s group executive, retail and commercial, Mark Hand, has noted a recent shift in behaviour among borrowers that... READ MORE
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AFG welcomes specialist lender to its panel
by Hannah Dowling • 5 Jun 2020
AFG head of sales and distribution Chris Slater announced the addition this week, with AMMF products now available to... READ MORE
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Major bank overhauls assessment process
by Charbel Kadib • 3 Jun 2020
According to a communication sent by ANZ to its broker partners on Tuesday (2 June), the bank’s turnaround times... READ MORE
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CBA announces interest-only lifeline
by Annie Kane • 2 Jun 2020
Last week, the Commonwealth Bank of Australia (CBA) said it was considering an expansion of its loan relief program... READ MORE
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ANZ extends business loan terms
by Hannah Dowling • 1 Jun 2020
ANZ has announced that it will extend the maximum loan term on ANZ Business Loans under $1 million from 15 years to... READ MORE
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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
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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
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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
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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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