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Major banks reducing rates out of cycle
by Annie Kane • 23 Aug 2024
Australia’s largest lender has dropped some of its variable rates out of cycle, as other majors make tweaks to their...READ MORE
BOQ ‘pauses’ broker channel for home loans
by Annie Kane • 23 Aug 2024
The lender will “pause” new home loan business from the broker channel from the end of this month as it moves to... READ MORE
Broker population hits new high
by Annie Kane • 23 Aug 2024
There are now more mortgage brokers than ever, with new stats showing a 3.3 per cent increase in the broker... READ MORE
BOQ announces major restructure
by Ben Squires • 23 Aug 2024
The non-major lender has made major changes to its structure, including hundreds of job cuts, as it changes strategy to... READ MORE
Submissions open for brand-new Commercial Finance Awards 2024
by Malavika Santhebennur • 23 Aug 2024
The Adviser is pleased to launch the inaugural awards, which champion members of the commercial finance... READ MORE
‘I want to hear from brokers the most’ for housing inquiry:...
by Annie Kane • 22 Aug 2024
EXCLUSIVE The chair of the Senate’s new inquiry into home ownership has said he wants to hear from brokers ‘the... READ MORE
MA Financial to acquire ≤$1bn in asset finance loans
by Ben Squires • 22 Aug 2024
The asset manager has signed a strategic partnership to acquire up to $1 billion of commercial asset finance... READ MORE
Brighten appoints new senior BDM for Victoria
by Ben Squires • 22 Aug 2024
The non-bank lender’s new appointment comes in response to strong demand for finance in the Victorian market.
READ MORE
Should we have gender quotas in financial services?
by Malavika Santhebennur • 22 Aug 2024
An executive at the Institute of Public Accountants has suggested that a discussion around the need for gender quotas... READ MORE
‘Focus on trust and stay at it’, Bouris and Symond tell brokers
by Annie Kane • 21 Aug 2024
Broking legends Mark Bouris and James Symond have put forward their top advice for broker success at National Finance... READ MORE
Is the Great Australian Dream ‘dead’?
by Annie Kane • 21 Aug 2024
The Greens have claimed the Australian dream of home ownership “is dead” after new data suggests the top 10... READ MORE
Metro Finance names new CEO
by Ben Squires • 21 Aug 2024
The new CEO steps into the top job after more than a decade of service at the asset finance provider.
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Non-bank boosts leadership team with executive appointments
by Ben Squires • 21 Aug 2024
Newly formed leadership roles have been announced at the non-bank to bolster its support to the broker channel.
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ORDE launches Residential Construction loans
by Reporter • 21 Aug 2024
Non-bank lender ORDE Financial has added a new Residential Construction product for borrowers looking to build new... READ MORE
Major bank launches new home loan for sustainable upgrades
by Ben Squires • 20 Aug 2024
Brokers will be able to write a new major bank loan from next week that gives borrowers up to $50,000 for ‘green’... READ MORE
Bendigo now available through Australasia’s largest aggregator
by Annie Kane • 20 Aug 2024
Thousands of LMG brokers are now able to offer Bendigo Bank-branded mortgages for the first time, as the lender... READ MORE
Real-time settlement tracker opens to brokers
by Annie Kane • 20 Aug 2024
PEXA has teamed up with a major aggregation group to offer brokers real-time updates on settlements, thereby reducing... READ MORE
ASIC extends reference checking protocol to mortgage aggregators
by Annie Kane • 19 Aug 2024
Mortgage aggregators will be able to obtain references on mortgage brokers from 20 August following legislative... READ MORE
Brokers will ‘absolutely be the predominant channel’ if...
by Annie Kane • 19 Aug 2024
The third-party channel will continue to be the channel of choice for MyState/Auswide if their newly announced merger... READ MORE
Why it’s ‘premature’ to be thinking about rate cuts
by Annie Kane • 19 Aug 2024
The RBA governor has reaffirmed that it is ‘premature to be thinking about rate cuts’, telling the standing... READ MORE
Arrears start to rise at major banks
by Ben Squires • 19 Aug 2024
The home loan arrears rates are increasing at the major banks, as high interest rates and cost-of-living pressures... READ MORE
Aggregator bolsters Victorian team ahead of expansion
by Annie Kane • 19 Aug 2024
The former head of sales at a commercial fintech has joined Viking Aggregation as its new regional manager, residential... READ MORE
Industry bodies set out wish list for Senate home ownership inquiry
by Annie Kane • 16 Aug 2024
Reducing deposit sizes and re-examining stamp duty should form part of the Senate’s new home lending inquiry,... READ MORE
Mortgage holders spending more than renters: CBA
by Ben Squires • 16 Aug 2024
Despite having larger financial obligations, mortgagors are spending more on discretionary items than renters,... READ MORE
ATO zeroes in on business debt collection for FY24–25
by Christine Chen • 16 Aug 2024
The Tax Office has said it will intervene earlier and use firmer actions to ensure businesses meet tax obligations this... READ MORE
New Senate inquiry to delve into home lending
by Annie Kane • 15 Aug 2024
A new inquiry into how lending and financial regulation is impacting home ownership is set to be undertaken by the... READ MORE
Two-thirds of CBA home loans originated through direct channel
by Annie Kane • 15 Aug 2024
Australia’s largest lender continues to see broker flows drop, with its proprietary channel now writing around 66 per... READ MORE
1 in 3 borrowers need multiple pre-approvals
by Annie Kane • 15 Aug 2024
A third of borrowers are needing to secure multiple pre-approvals as they cannot find the right property in time,... READ MORE
Finsure bolsters asset finance support team
by Reporter • 15 Aug 2024
The aggregator has increased its support for brokers writing asset finance, welcoming a new business development... READ MORE
Parliament pushed to make build-to-rent changes
by Ben Squires • 15 Aug 2024
Proposed amendments to BTR legislation could help deliver more than 105,000 homes to national supply, according to an... READ MORE
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