Mortgage and Finance Brokers Breaking News - The Adviser

Newcastle Permanent-Greater Bank merger approved by members

by Annie Kane • 3 Nov 2022

Members of the two banks have green-lit their merger, with Newcastle Greater Mutual Group Ltd set to come into being... READ MORE

Black economy targeted in ABN tax reform

by Fabian Cotter • 3 Nov 2022

Proposed annual ABN changes enmeshed in tax compliance are “fair and reasonable”, the FBAA has acknowledged. READ MORE

Mortgage broking ‘under threat’ from disruption: Broker

by Malavika Santhebennur • 3 Nov 2022

Mortgage broking is in a state of flux as home loans become more automated, but that does not have to spell doom, a... READ MORE

Nectar Group appoints new Melbourne-based BDM

by Adrian Suljanovic • 3 Nov 2022

The Nectar Group has announced the recruitment of a new Melbourne-based national business development manager. READ MORE

Non-bank lender rebrands following acquisition

by Annie Kane • 2 Nov 2022

MKM Capital has unveiled a new name and branding as it moves to more closely align with its new parent company, MA... READ MORE

Govt allocates $877m for flood-affected businesses

by Adrian Suljanovic • 2 Nov 2022

The federal and Victorian governments have announced an $877 million recovery support package to support businesses... READ MORE

Only 1 Aussie region bucked October’s nationwide decline trend:...

by Grace Ormsby • 2 Nov 2022

Just one Aussie region maintained its market resilience over the last month. READ MORE

RBA calls 2.85% November cash rate

by Fabian Cotter • 1 Nov 2022

Mortgage holders brace for further repayment pain as the November cash rate has jumped to 2.85 per cent. READ MORE

Cash rate to surpass 4% in next year: survey

by Fabian Cotter • 1 Nov 2022

Cash rate increases will impact consumer spending habits more than mortgage repayments and property costs, Joust has... READ MORE

Macquarie loan book grew 13% in 6 months

by Annie Kane • 1 Nov 2022

The lender’s mortgage portfolio grew by 13 per cent in the six months to September 2022, pushing over $101 billion,... READ MORE

2 in 3 FHBs will say no to stamp duty, says NSW government

by Grace Ormsby • 1 Nov 2022

Up to two-thirds of first home buyers will choose to pay a smaller annual property fee rather than forking out for... READ MORE

Home loans most common breach report: ASIC

by Fabian Cotter • 31 Oct 2022

A quarter of all breach reports relating to products were about mortgages, according to ASIC’s first Reportable... READ MORE

Lendi Group settled $33.6bn in FY22

by Annie Kane • 31 Oct 2022

In its first full financial year as a merged group, Lendi Group — comprising brokerages Lendi and Aussie — settled... READ MORE

MFAA board members voting opens

by Adrian Suljanovic • 31 Oct 2022

The MFAA has received a record number of 19 nominations for the MFAA board, with three director positions becoming... READ MORE

80% of home owners prioritise loan flexibility: CBA

by Adrian Suljanovic • 31 Oct 2022

Flexibility in a mortgage is among the top priorities for mortgagors, according to the Commonwealth Bank of Australia. READ MORE

Service proposition to brokers ‘really important’: ANZ

by Fabian Cotter • 28 Oct 2022

ANZ’s “restored momentum” in its home loans should give brokers approval confidence “within a certain... READ MORE

Hot Property: The biggest property headlines from week 24–28 October

by Adrian Suljanovic • 28 Oct 2022

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

In case you missed it (week ending 28 October)

by • 28 Oct 2022

In case you missed it... ANZ announced a digital home loan “pilot”, the federal budget throws support to SMEs, NAB... READ MORE

What’s in the budget for small-business owners?

by Annie Kane • 27 Oct 2022

The Labor government’s first budget has earmarked more than $15 million to support Australian small businesses and... READ MORE

Prospa flags ‘opportunity’ for brokers to help SMEs

by Fabian Cotter • 27 Oct 2022

Record first-quarter revenue and originations results demonstrate that “high demand for funds continues,” Prospa... READ MORE

1Q23 loan originations up 41% annually: Wisr

by Fabian Cotter • 27 Oct 2022

Sydney-based lender Wisr has reported $186 million in new loan originations (pcp) and overall protected its net... READ MORE

Westpac Group to join Home Guarantees

by • 26 Oct 2022

Westpac has announced it will be able to help more home buyers into the market from mid-next year. READ MORE

Industry welcomes Labor’s budget 2022–23

by Annie Kane • 26 Oct 2022

Members of industry have welcomed the Australian Labor Party’s first budget, particularly applauding its focus on... READ MORE

MFAA sets out wishes for CSLR regime

by Fabian Cotter • 26 Oct 2022

Low incidences of CSLR claims mean broker levies should be commensurately lower, too, the MFAA has said. READ MORE