Mortgage and Finance Brokers Breaking News - The Adviser

Borrowers cutting back on travel to pay mortgages: NAB

by Adrian Suljanovic • 22 Apr 2024

Data from the major bank has found more Australians are slashing travel plans to pay down their mortgages. READ MORE

Bank turnarounds accelerate: Broker Pulse

by Malavika Santhebennur • 19 Apr 2024

Lender turnarounds have accelerated to near-record speeds, with one bank taking just 24 hours to reach an initial... READ MORE

Westpac enables open banking for brokers

by Adrian Suljanovic • 19 Apr 2024

The major bank has announced a partnership with NextGen to allow open banking access to mortgage brokers. READ MORE

MFAA memberships reach record high

by Charlotte Humphrys • 19 Apr 2024

Memberships have reached a record high at the association, surpassing 15,000 for the first time. READ MORE

Interest in becoming ‘property pals’ increases: ING

by Charlotte Humphrys • 18 Apr 2024

Almost half of Australians think that purchasing property with someone who isn’t a spouse or partner will become... READ MORE

Judo Bank loan book reaches $10bn

by Charlotte Humphrys • 18 Apr 2024

The SME bank has revealed it is “not looking for a buyer” as its loan book reached $10 billion this week. READ MORE

MFAA announces National Forum presidents for 2024

by Adrian Suljanovic • 18 Apr 2024

The association has revealed the presidents and deputy presidents of its National Forums for 2024. READ MORE

Instant asset write-off threshold may be limited, warns tax specialist

by Miranda Brownlee • 18 Apr 2024

Amendments before Parliament will see a more significant increase to the instant asset write-off threshold but for a... READ MORE

Just 11% of Gen Z/Millennials used a broker in the last year

by Annie Kane • 17 Apr 2024

Around one in 10 Gen Z and Millennials have used a broker in the past 12 months, new data has found. READ MORE

Business administrations reach record high

by Charlotte Humphrys • 17 Apr 2024

External administrations reached a record high in March amid ongoing cost pressures, skilled labour shortages, and... READ MORE

NAB partners with CitoPlus

by Charlotte Humphrys • 17 Apr 2024

The major bank and tech platform are partnering to develop a new digital solution for commercial brokers. READ MORE

ScotPac enters partnership with payroll funding provider

by Adrian Suljanovic • 17 Apr 2024

The SME lender has announced a new alliance with payroll funding and back-office solutions provider. READ MORE

FBAA urges brokers to secure cyber insurance

by Charlotte Humphrys • 16 Apr 2024

The association has called on brokers to ensure they have specialty cyber insurance coverage to protect their... READ MORE

SME loan applications up 28% YOY: Banjo Loans

by Adrian Suljanovic • 16 Apr 2024

The SME lender has revealed a surge in year-on-year loan applications from small businesses. READ MORE

Associations hit back at payroll tax decision

by Annie Kane • 15 Apr 2024

The outcome of the Loan Market payroll tax case sets a “dangerous precedent” and is based on “flawed”... READ MORE

‘Payroll tax is payable’, judge finds in Loan Market case

by Annie Kane • 15 Apr 2024

The Supreme Court of NSW has found that payroll tax should be paid on commissions and payments to brokers in certain... READ MORE

Lender found to have charged prohibited fees

by Reporter • 15 Apr 2024

The Federal Court has found that the non-bank lender entered into more than half a million contracts that included a... READ MORE

Connective appoints new sales executive

by Adrian Suljanovic • 15 Apr 2024

The aggregator has strengthened its presence in Victoria and Tasmania with a new sales executive hire. READ MORE

New app launched to help Australians buy property together

by Reporter • 15 Apr 2024

A new co-ownership app has launched that aims to help home buyers purchase and manage property together. READ MORE

Settle Easy opens to WA/SA brokers

by Adrian Suljanovic • 15 Apr 2024

The e-conveyancer has opened its offerings to brokers in Western and South Australia. READ MORE

Broking industry calls for re-accreditation simplification

by Annie Kane • 12 Apr 2024

Lenders are being urged to enable brokers to carry over their accreditations if they change aggregator or head group. READ MORE

TruePillars appoints new CCO

by Charlotte Humphrys • 12 Apr 2024

Prospa’s former chief commercial officer has been appointed as the new CCO of non-bank lender TruePillars. READ MORE

Lenders reaching unconditional approval in record time: AFG