Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

BMM removes clawback on SMSF line, updates offering

by Annie Kane • 9 Nov 2023

The mortgage manager has announced streamlined refinancing, reduced rates, free offset accounts and no clawback for one...READ MORE

Broker becomes reality TV sensation

by Adrian Suljanovic • 9 Nov 2023

A Brisbane-based mortgage broker has become a reality TV star after appearing on dating show My Mum, Your... READ MORE

Optus outage wreaks havoc on brokers

by • 8 Nov 2023

Amid a nationwide Optus network outage, brokers have been urgently contacting their clients through alternative... READ MORE

How brokers are hiring in the tight labour market

by Josh Needs • 8 Nov 2023

Brokers have spilt on how they are expanding their teams despite the near-record low unemployment... READ MORE

Female-led start-ups need more funding, says CEO

by Malavika Santhebennur • 8 Nov 2023

A Forbes 30 Under 30 alum has called for systemic change to provide more funding to start-ups founded by... READ MORE

Rate hike does not 'make sense'

by Adrian Suljanovic • 7 Nov 2023

A broker has said the RBA's November rate hike "did not make sense", as other broking industry representatives foresee... READ MORE

Broking industry braces for rate hike

by Adrian Suljanovic • 7 Nov 2023

Rising inflation could be the deciding factor for the central bank to resume increasing interest rates.

The Word: What loan products do brokers want to see more of?

by Annie Kane • 7 Nov 2023

With serviceability and affordability getting harder, we have asked brokers at the FBAA conference: what loan products... READ MORE

First-ever Women in Finance Summit sold out

by Malavika Santhebennur • 7 Nov 2023

With less than a week left until the Women in Finance Summit 2023, the inaugural event has sold... READ MORE

Lenders ‘dragging their heels’ on discharge times: Broker

by Adrian Suljanovic • 6 Nov 2023

Brokers and clients alike are continuously being frustrated by the continued lags in discharge times from certain... READ MORE

Brokers busy preparing clients for potential rate hike

by Adrian Suljanovic • 6 Nov 2023

With the threat of another interest rate hike around the corner, brokers are now no strangers to preparing their... READ MORE

Earlypay acquires Melbourne fintech Timelio

by Josh Needs • 6 Nov 2023

The acquisition adds a $40 million loan portfolio, primarily made up of invoice finance, to the lender’s loan... READ MORE

FBAA to launch new consumer website, open NZ arm

by Annie Kane • 3 Nov 2023

A new consumer-facing website that links borrowers with FBAA members and the establishment of a new arm in New Zealand... READ MORE

‘Is this the return of first home buyers?’

by • 3 Nov 2023

Brokers have noticed a resurgence of interest among opportunistic first home buyers who are trying their luck at... READ MORE

Are your clients suffering cash flow problems?

by Josh Needs • 3 Nov 2023

With potentially $22 billion in unpaid invoices this festive season, brokers could benefit by reaching out to help... READ MORE

Hot Property: The biggest property headlines from week 30 October to...

by Adrian Suljanovic • 3 Nov 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 3... READ MORE

Suncorp Bank appoints new CEO

by Adrian Suljanovic • 2 Nov 2023

The non-major bank has appointed Bruce Rush as its new chief executive.

Money Quest Group acquires Southern Cross Broker Network

by Annie Kane • 2 Nov 2023

The group has made its fifth acquisition as it looks to strengthen and broaden its aggregation proposition.

Diversification levels reach near-record level

by • 2 Nov 2023

The number of mortgage brokers who also write commercial loans has increased to the second-highest level to... READ MORE

Broker association calls for balance with SME finance complaints

by Josh Needs • 2 Nov 2023

Six recommendations have been put forward to the complaints body by the MFAA regarding the handling of small-business... READ MORE

Unpaid invoices mean SMEs face potential $22bn shortfall

by Josh Needs • 2 Nov 2023

Small businesses look to be facing cash flow concerns this festive season, according to an accounting... READ MORE

Home loans are the most reported licensee breach: ASIC

by Josh Needs • 1 Nov 2023

Credit issues are the most common issues reported to ASIC under the reportable situations... READ MORE

Lumi unveils rate-reducing business loan

by Annie Kane • 1 Nov 2023

A new feature that automatically decreases the interest rate on business loans for certain SME borrowers has been... READ MORE

In Memoriam: Ruth Cresswell, 1968–2023

by Annie Kane • 1 Nov 2023

Ruth Patricia Cresswell, a veteran broker relationship manager and sales manager, has passed away unexpectedly at the... READ MORE

Submissions open for Top 25 Brokerages 2024

by Malavika Santhebennur • 1 Nov 2023

The Adviser is calling for submissions from brokerages across Australia for the Top 25 Brokerages 2024, partnered by... READ MORE

Brokers settled record home loans: MFAA

by • 31 Oct 2023

Brokers have maintained a strong market share position, with the third-party channel settling over $350 billion in home... READ MORE

Pepper Money announces commercial mortgage policy changes

by Adrian Suljanovic • 31 Oct 2023

The non-bank lender has announced a series of commercial real estate policy improvements to further assist its brokers... READ MORE

Prospa originations down 31%

by Adrian Suljanovic • 31 Oct 2023

The non-bank lender announced a drop in originations for the quarter ended 30 September 2023 as it continues to tighten... READ MORE

Wisr book drops after ‘deliberate moderation’

by Josh Needs • 31 Oct 2023

The non-bank lender saw its loan book and originations drop in the first quarter of the financial year 2024, which it... READ MORE

MyState appoints new head of broker distribution

by Annie Kane • 30 Oct 2023

A former broker-turned-business relationship manager has become the head of broker distribution at the non-major... READ MORE

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