Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

FBAA appoints inaugural chief development officer

by Annie Kane • 18 Oct 2023

A former non-bank lender GM has been appointed as the broker association’s first chief development officer.

Sharp rise in business failures expected: CreditorWatch

by Annie Kane • 18 Oct 2023

The challenging operating environment will lead to a “sharp rise” in business failures in the next year, the credit... READ MORE

LMG adds small business lender to panel

by • 18 Oct 2023

The major aggregator's brokers will now have access to Bizcap’s short-term business funding products.

Outdated views of finance deterring women: WGEA

by Malavika Santhebennur • 18 Oct 2023

The financial services industry could attract more women by dispelling the myth that it solely requires strong numeracy... READ MORE

Teachers Mutual Bank announces new CEO

by Annie Kane • 17 Oct 2023

The customer-owned lender has welcomed a major bank executive as its incoming chief executive.

Pepper Money unveils SMSF loan offering

by Adrian Suljanovic • 17 Oct 2023

The non-bank lender has launched a new “super smart” SMSF loan established in partnership with brokers.

2 non-banks unite to help broker diversification

by Adrian Suljanovic • 17 Oct 2023

In a bid to help mortgage brokers grow their businesses, two non-bank lenders have announced a partnership.

Novated leasing drives COG profits

by Josh Needs • 17 Oct 2023

Expansion in the novated leasing segment has delivered profit growth to the asset finance giant, while aggregation NPAT... READ MORE

ScotPac doubles business loan lending limit

by Reporter • 17 Oct 2023

To meet growing demand, the debtor finance lender has expanded its Boost Business Loan offering to... READ MORE

In Memoriam: Blake Albones, 1978–2023

by Annie Kane • 16 Oct 2023

Blake Albones, a long-serving member of the mortgage industry, has passed away suddenly at the age of... READ MORE

Banjo Loans reveals strong demand from healthcare sector

by Josh Needs • 16 Oct 2023

Loans to the healthcare sector have significantly bolstered the non-bank’s loan book growth, according to the SME... READ MORE

Former NAB EGM joins AFCA board

by Josh Needs • 16 Oct 2023

A former executive general manager, enterprise of NAB has been named as a new board member of the financial complaints... READ MORE

Wisr chair to quit to protect business

by Josh Needs • 13 Oct 2023

The chair of the non-bank lender will retire from the board to ensure the company is not “negatively impacted” by... READ MORE

MFAA appoints senior policy specialist

by Annie Kane • 13 Oct 2023

A regulation and governance professional has joined the broker association as its new senior policy specialist.

SMEs faced with the ‘biggest’ cyber risk: NAB

by Adrian Suljanovic • 13 Oct 2023

Research from the major bank has highlighted concerns over the preparedness of Australia’s small businesses against... READ MORE

The Adviser podcast celebrates half a million downloads

by Annie Kane • 13 Oct 2023

The Adviser has reached a significant milestone in the world of podcasting, having achieved half a million... READ MORE

Hot Property: The biggest property headlines from week 9–13 October

by Adrian Suljanovic • 13 Oct 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 13... READ MORE

AFG reports drop in lodgement volumes

by Josh Needs • 12 Oct 2023

Rising interest rates, supply constraints and a drop in cashback offers have resulted in AFG brokers lodging a lower... READ MORE

Wave Money broadens broker solutions with new funding

by Adrian Suljanovic • 12 Oct 2023

The non-bank lender has announced it has established an additional warehouse funding facility, providing a broader... READ MORE

How to service clients from Indigenous backgrounds

by Malavika Santhebennur • 12 Oct 2023

Linking with grassroots groups and ensuring First Nations people take the lead are key to servicing Indigenous clients,... READ MORE

LMG acquires commercial lending fintech

by Annie Kane • 11 Oct 2023

The major aggregator has settled its acquisition of a specialist commercial lending technology platform as it expands... READ MORE

Construction costs stabilise, bringing renewed demand

by • 11 Oct 2023

A noticeable slowdown in the pace of construction cost growth may be an early sign that pressures within the building... READ MORE

Third party unscathed amid CBA job cuts

by • 11 Oct 2023

While the CBA has cut more than 1,000 jobs this year, it’s believed the third party remains unimpacted.

Heritage and People’s Choice resi portfolio up $900m

by Adrian Suljanovic • 11 Oct 2023

The freshly formed mutual bank has reported a lift in its residential lending portfolio for the financial year ended 30... READ MORE

Bridgit appoints regional sales director

by Adrian Suljanovic • 11 Oct 2023

The non-bank lender has announced the appointment of Michael Balshaw as its new regional sales director.

Businesses to look to brokers as ATO prepares to disclose debtors

by Josh Needs • 10 Oct 2023

Brokers could see an influx of debt inquiry from SMEs after the ATO has warned businesses that they risk having their... READ MORE

Brokers observe a boom in WA property investment

by • 10 Oct 2023

Brokers have been noticing a surge in property investment in Western Australia while other states and territories... READ MORE

Better Choice reduces serviceability buffers

by Adrian Suljanovic • 10 Oct 2023

The non-bank lender has announced that it has reduced its assessment buffer for one of its product ranges.

Up to a half of high LTI borrowers living beyond their means

by Annie Kane • 10 Oct 2023

Up to 50 per cent of borrowers with high loan-to-income ratios do not have sufficient income to meet their housing... READ MORE

Brokers navigate construction industry turmoil

by • 9 Oct 2023

The construction sector is grappling with a severe crisis, experiencing a staggering 72 per cent increase in... READ MORE

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