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Breaking News
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 $500,000.
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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 45.
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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...
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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...
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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...
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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.
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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...
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The Adviser podcast celebrates half a million downloads
by Reporter • 13 Oct 2023
The Adviser has reached a significant milestone in the world of podcasting, having achieved half a million downloads.
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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...
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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...
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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...
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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,...
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LMG acquires commercial lending fintech
by Reporter • 11 Oct 2023
The major aggregator has settled its acquisition of a specialist commercial lending technology platform as it expands...
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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...
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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.
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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...
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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.
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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...
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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...
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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.
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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...
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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...
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Rate Money expands clawback reductions
by Reporter • 9 Oct 2023
The mortgage manager has announced reduced clawbacks and further enhancements on another one of its product lines.
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Transport drives household spending increase
by Josh Needs • 9 Oct 2023
Household spending in August has been driven by a jump in non-discretionary spending, including transport, according to...
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CBA confirms appointment of permanent broker head
by Annie Kane • 6 Oct 2023
The big four bank has announced the formal appointment of its new general manager, third-party banking.
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