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CBA reports post-election spike in mortgage applications
by Charbel Kadib • 29 May 2019
Following his address to the Trans-Tasman Business Circle, CEO of the Commonwealth Bank of Australia (CBA) Matt Comyn... READ MORE
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Westpac announces changes to mortgage product features
by Reporter • 29 May 2019
Westpac and its subsidiaries (Bank of Melbourne, BankSA and St George Bank) have revised the features of its... READ MORE
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Resimac sells subsidiary for $14m

by Reporter • 29 May 2019
Resimac has announced the sale of its subsidiary salary packaging business, Paywise, in a deal worth $14... READ MORE
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Resimac adds new member to NZ underwriting team
by Reporter • 27 May 2019
Resimac has announced the addition of a new staff member, Dannie Wang, to its New Zealand-based underwriting... READ MORE
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Westpac amends residential lending policy
by Charbel Kadib • 24 May 2019
Westpac and its subsidies (Bank of Melbourne, BankSA and St George Bank) have informed brokers that effective from... READ MORE
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Comply with verification requirements or explain yourself, lenders...
by Loanworks • 23 May 2019
That's one of the key regulatory changes being mooted by ASIC in a consultation paper, released in February this... READ MORE
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Pepper Money extends reach in New Zealand
by Ezekiel MacNevin • 22 May 2019
Financial services group Astute NZ has begun offering Pepper Money mortgages to borrowers under a white-label... READ MORE
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SME lender eyes growth after raising $8m

by Reporter • 21 May 2019
Alternative lender Lumi has revealed that it has closed an $8 million funding round, led by the Josh Liberman... READ MORE
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Lenders put fixed rates on cutting board as demand slows
by Tas Bindi • 20 May 2019
AMP Bank, IMB Bank, Greater Bank and Credit Union Australia are among the latest lenders to put their fixed rates on... READ MORE
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NAB reduces revenue threshold for QuickBiz loans
by Reporter • 20 May 2019
National Australia Bank (NAB) has notified brokers that it has reduced the minimum annual revenue requirement for... READ MORE
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Resimac introduces building cladding restrictions
by Tas Bindi • 17 May 2019
Resimac announced that, from Monday (20 May), it will no longer accept as security any unit or apartment located... READ MORE
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Prospa confirms IPO, expects to list next month
by Annie Kane • 16 May 2019
SME lender Prospa has re-announced its intention to list on the ASX, opening an offer of new shares of $3.78 per... READ MORE
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Major bank cuts rates by up to 60bps
by Charbel Kadib • 13 May 2019
ANZ and Macquarie Bank have reduced their home loan rates by up to 60bps, with changes across both lenders effective... READ MORE
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Non-major bank updates serviceability requirements
by Reporter • 13 May 2019
Adelaide Bank has announced that it will increase its minimum serviceability ratio for loan applications with a... READ MORE
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Bank suspends loan pre-approvals
by Reporter • 10 May 2019
Heritage Bank has announced that effective from 23 April, it no longer accepts pre-approvals until further notice,... 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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