Mortgage and Finance Brokers Breaking News - The Adviser

Cyber attack “materially worsened” non-bank lender's bottom line

by • 26 May 2023

A non-bank lender expects to incur more than $50 million in total costs following a cyber attack. READ MORE

AFG to enable brokers to recommend loans with 1% buffer

by Annie Kane • 26 May 2023

The aggregation group has changed its policy to allow brokers to recommend to ‘mortgage prisoners’ loans that have... READ MORE

MFAA CEO unpacks vision for the future of broking

by Annie Kane • 26 May 2023

The chief executive of the Mortgage & Finance Association of Australia has said the future of broking looks bright... READ MORE

Brokers ‘left behind’ by slow digital ID adoption: Broker

by • 26 May 2023

While lenders are embracing digital ID verification processes, one mortgage broker said there is a lack of... READ MORE

Hot Property: The biggest property headlines from week 22–26 May

by Adrian Suljanovic • 26 May 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 26... READ MORE

Perth broker attempts to become 1st person to row non-stop to Africa

by Annie Kane • 25 May 2023

Strawberry Finance broker Rob Barton is 30 days into a Guinness World Records Challenge to become the first person to... READ MORE

Broker urges industry to lift SMSF loan writing standards

by James Mitchell • 25 May 2023

A Sydney mortgage broker has warned of the lending advice risks within the SMSF lending sector and is calling for... READ MORE

Deposit Power appoints 2 BDMs

by Adrian Suljanovic • 25 May 2023

The deposit bond provider has announced the appointments of Chris Christofilos and Vy Le as the company’s new... READ MORE

Plenti sees record volume of broker-originated loans

by Annie Kane • 25 May 2023

The personal lender has seen broker originations hit a new record, rising 23 per cent in the year to March, according... READ MORE

Vic stamp duty change should ‘pique interest’ in commercial...

by • 24 May 2023

The state government’s move to abolish stamp duty on certain properties could spark more commercial property... READ MORE

MFAA appoints new board director

by Adrian Suljanovic • 24 May 2023

The Mortgage and Finance Association of Australia has announced the appointment of Katherine McDermott as a director to... READ MORE

New CEO, CTO announced at diñeiro

by Annie Kane • 24 May 2023

Industry marketing specialist Andrew Gooding has been named the new chief executive of the personal finance management... READ MORE

Alex Bank hires NSW/ACT BDM

by Adrian Suljanovic • 24 May 2023

The digital bank has announced the appointment of Oyishi Haque as its new business development manager for NSW/ACT. READ MORE

Victoria to axe stamp duty on commercial real estate

by • 23 May 2023

As part of the state budget released today (23 May), the Victorian government has announced plans to abolish stamp duty... READ MORE

Broking industry welcomes move to regulate BNPL

by Annie Kane • 23 May 2023

Several members of the mortgage broking industry have welcomed the news that the buy now, pay later sector is set to be... READ MORE

NSW government to raise stamp duty threshold

by Adrian Suljanovic • 23 May 2023

The Minns government is set to introduce new legislation to lift the threshold for stamp duty exemptions. READ MORE

Bluestone updates logo to better reflect its niches

by Reporter • 23 May 2023

The non-bank lender has updated its logo and tagline to reflect that it offers specialist solutions for borrowers. READ MORE

AI could increase competition in the banking sector

by • 23 May 2023

While artificial intelligence threatens routine jobs, it could also spark increased competition in the banking sector,... READ MORE

Lenders begin tweaking serviceability buffers

by Annie Kane • 22 May 2023

Several lenders have begun lowering their serviceability assessments for certain borrowers in a bid to help more... READ MORE

Don’t pitch refinancing as a savings tool: Marketing coach

by Malavika Santhebennur • 22 May 2023

Brokers are being urged to avoid linking refinancing to terms like “savings” when marketing it to clients, as it... READ MORE

Business trade lifts despite rising costs

by Reporter • 22 May 2023

Despite rising costs and supply constraints, business activity in Australia remained strong in April 2023, new data... READ MORE

AMP hit with $24m penalty

by Reporter • 19 May 2023

AMP Life and AMP Financial Planning have been issued a $24 million penalty for charging deceased customers. READ MORE

Accountancy firm to build ‘largest salaried broker force in the...

by Annie Kane • 19 May 2023

Business advisory, accounting, and assurance business PKF Sydney has hired a former Mortgage Choice director to build... READ MORE

Satisfaction with credit assessors at record high: Broker Pulse

by Malavika Santhebennur • 19 May 2023

Credit assessors earned their highest satisfaction score from brokers in April, according to a new survey. READ MORE