Mortgage and Finance Brokers Breaking News - The Adviser

Dwelling commencements ‘to remain soft’: CBA

by Josh Needs • 16 Aug 2023

CBA has warned dwelling approvals could reach lows not seen since 2011. READ MORE

Treasurer welcomes ‘solid’ wage growth amid high inflation

by • 16 Aug 2023

In the face of continued inflationary pressure, federal Treasurer Jim Chalmers has welcomed the uptick in wage growth. READ MORE

NAB SME business lending up in 3Q23

by Adrian Suljanovic • 16 Aug 2023

The major bank has reported a lift in its small- to medium-sized business lending for the quarter ended 30 June 2023. READ MORE

Banks scale back cashback offers amid easing competition

by • 15 Aug 2023

While a number of providers are continuing to use cashbacks as an incentive for borrowers looking to refinance, nearly... READ MORE

Bendigo and Adelaide Bank reveals increase in resi third-party lending

by Josh Needs • 15 Aug 2023

The group’s third-party banking lending increased to 53 per cent of the non-major’s residential lending in the 2023... READ MORE

AFG and Brighten unveil white label offering

by Reporter • 15 Aug 2023

The aggregator and non-bank lender have unveiled a new range of white labelled products following their recent... READ MORE

RedZed welcomes new managing director

by Adrian Suljanovic • 15 Aug 2023

The non-bank lender has announced the appointment of Calvin Cordle as its new managing director. READ MORE

Brokers play a ‘really good role’, says Lowe

by • 14 Aug 2023

In his final address to the house economics committee as RBA governor, Philip Lowe praised brokers for their pivotal... READ MORE

Replacing human intervention would be a ‘demise’: Metro

by Josh Needs • 14 Aug 2023

In an era marked by technological advancements, striking a balance between technology adaptation and human interactions... READ MORE

Fixed-rate cliff passes the peak: CoreLogic

by • 14 Aug 2023

While the majority of fixed-rate loans created through COVID-19 have expired, arrears remain low, new data has... READ MORE

Top brokers revealed at Australian Broking Awards 2023

by Malavika Santhebennur • 11 Aug 2023

This year’s Australian Broking Awards provided national recognition to the best and brightest in the broking... READ MORE

NAB retains 85% fixed-rate clients amid cliff

by • 11 Aug 2023

The major bank informed brokers that strong retention rates were partly attributed to the robust third-party channel. READ MORE

Overdue trade invoices and debt collection rising: illion

by Josh Needs • 11 Aug 2023

An increase in the volume of overdue trade invoices and increasing debt collection could be a pointer of economic... READ MORE

Lumi farewells Ahmed Khan, restructures distribution leadership

by Annie Kane • 11 Aug 2023

The fintech lender has confirmed it will restructure its distribution leadership team after its head of sales Ahmed... READ MORE

Brokers see uptick in new refinancing clients: MFAA

by Josh Needs • 10 Aug 2023

Approximately 95 per cent of brokers have seen refinancing borrowers use the channel for the first time, according to... READ MORE

CBA broker flows drop

by Annie Kane • 10 Aug 2023

Mortgage broker originations fell at CBA in the financial year 2023, dropping to below 40 per cent of new CBA... READ MORE

Suncorp reveals broker originations increased to 80%

by • 10 Aug 2023

The third-party channel originated 80 per cent of the non-major bank’s home loans in the financial year 2023, an... READ MORE

COG broker volumes grow 22%

by Josh Needs • 10 Aug 2023

The asset finance group saw its broker members write $7.7 billion in the financial year 2023, which it attributed to an... READ MORE

‘Mammoth’ mortgage hikes hit as fixed rates expire: Lendi Group

by Adrian Suljanovic • 9 Aug 2023

Borrowers yet to have their fixed-rate terms roll off are facing a minimum increase of $1,000 to monthly repayments,... READ MORE

Business confidence increases as conditions remain resilient

by Josh Needs • 9 Aug 2023

While labour costs have risen greatly, new NAB data shows that business conditions have eased and SME confidence has... READ MORE

Bankwest invests in the broker channel amid branch closures

by • 9 Aug 2023

The lender announced it will direct further investments in broker services amid declining branch transactions. READ MORE

ASIC bans broker for 6 years

by Adrian Suljanovic • 8 Aug 2023

The regulator has banned the Sydney-based broker for a range of breaches. READ MORE

Government opens consultation on national housing plan

by Josh Needs • 8 Aug 2023

The federal government is calling for feedback to help inform its National Housing and Homelessness Plan, which aims to... READ MORE

Pepper Money lowers serviceability buffer

by Adrian Suljanovic • 7 Aug 2023

The non-bank lender has announced it has decreased its serviceability buffers as part of a new package of options to... READ MORE