Breaking News
ASIC outlines ramifications of AFCA expulsion
by Annie Kane • 9 Nov 2021
With one day left for affected brokers to appeal AFCA pre-expulsion notices, ASIC has confirmed to The Adviser what...READ MORE
Businesses urged to protect themselves against scams
by • 9 Nov 2021
A collection of private, community and government bodies has come together to raise awareness about scams and provide... READ MORE
NSW Premier presses on with stamp duty scrap
by Juliet Helmke • 9 Nov 2021
NSW Premier Dominic Perrottet has insisted he will continue to chip away at stamp duty, despite the state Treasurer... READ MORE
Deadline for AFCA expulsion appeals looms
by Annie Kane • 8 Nov 2021
Brokers seeking to appeal their AFCA pre-expulsion notices will need to do so by Wednesday afternoon (10 November) or... READ MORE
SME Broker Bootcamp a blueprint for branching out
by Reporter • 8 Nov 2021
The event – which is to be held in person in 2022 and is open for registrations – will provide a pathway for... READ MORE
CBA raises fixed rates - 2021
by • 8 Nov 2021
Select fixed rate home loans with the major bank have increased, less than 24 hours after Westpac announced similar... READ MORE
ScotPac launches $100m SME fund
by Sarah Simpkins • 8 Nov 2021
The business lender has kicked off a $100 million working capital fund, marketed as helping Australian and New Zealand... READ MORE
AFCA pre-expulsion letters cause alarm
by Annie Kane • 5 Nov 2021
Brokers have raised concerns after receiving notices from AFCA suggesting they could be expelled due to unpaid fees,... READ MORE
Beyond Bank eyes expanded broker reach with merger
by Sarah Simpkins • 5 Nov 2021
Beyond Bank has outlined a broker growth strategy in regional Victoria and South Australia, which could unfold under... READ MORE
Stamford Capital unveils digital CRE marketplace
by • 5 Nov 2021
The commercial brokerage has launched a free-to-use online platform designed to provide borrowers with an “immediate... READ MORE
Hot Property: The biggest property headlines from the week 1-5...
by Reporter • 5 Nov 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 5... READ MORE
Brokers to shape new AFG-Volt mortgage
by Annie Kane • 4 Nov 2021
The development of AFG’s new Sparc mortgage, funded by Volt, will be determined by broker feedback, the chief... READ MORE
7/10 brokers unconvinced buffer changes will cool housing market
by • 4 Nov 2021
The majority of brokers remain doubtful that APRA’s buffer rate change will accomplish its intended effect, according... READ MORE
Plenti flags broker roll-out for legal fees loan
by Sarah Simpkins • 4 Nov 2021
The lender is set to pilot a specialised legal loan product among aggregators in the coming months.
READ MOREFBAA welcomes new board members following record year
by reporter • 4 Nov 2021
The broker association has welcomed new members, announced new commendations, and revealed it had its best-ever... READ MORE
AFG launches PFM app and new white-label loan
by Annie Kane • 3 Nov 2021
One of Australia’s largest mortgage aggregators has launched a personal finance app and a white-label home loan... READ MORE
Judo debuts on ASX
by Sarah Simpkins • 3 Nov 2021
Judo Bank has commenced trading on the ASX, reportedly becoming the first bank to list in 25 years.
READ MOREVolt Bank becomes latest CDR data recipient
by reporter • 3 Nov 2021
The neobank has become an accredited data recipient under the Consumer Data Right, the sixth bank to gain approval... READ MORE
N1H extends SME lending capacity again
by reporter • 3 Nov 2021
Business, financial and property services firm N1 Holdings has expanded its SME lending capacity to $90... READ MORE
RBA calls November cash rate
by Sarah Simpkins • 2 Nov 2021
The Reserve Bank has confirmed its rate decision for November, as talk of a faster-than-expected rise has fired... READ MORE
Owner-occupier lending falls for 4th month: ABS
by Sarah Simpkins • 2 Nov 2021
The value of new home loans fell by 1.4 per cent in September, dragged mostly by a 2.7 per cent drop in the... READ MORE
Westpac admits to lagging broker turnarounds
by Sarah Simpkins • 2 Nov 2021
The big four bank has ramped up automation, in a bid to rectify broker loan assessment times that dragged behind its... READ MORE
Teachers Mutual targets brokers as merger wraps
by Malavika Santhebennur • 2 Nov 2021
The mutual bank has outlined how brokers would help reach customers in areas without the same bricks-and-mortar... READ MORE
More FHBs transitioning towards outer suburbs: NAB
by • 2 Nov 2021
New figures released by the major bank suggest that the outer suburbs are gradually, but increasingly, becoming... READ MORE
ASIC slaps Ferratum Australia with lawsuit
by Sarah Simpkins • 1 Nov 2021
The regulator has commenced a civil lawsuit against the personal lender, for allegedly hitting customers with... READ MORE
NSW government sets up new unit to mitigate identity crime
by reporter • 1 Nov 2021
The NSW government is establishing a new identity support unit to minimise the risks associated with identity theft and... READ MORE
Government introduces compensation scheme legislation
by Malavika Santhebennur • 1 Nov 2021
The government has introduced legislation that represents the final tranche to implement recommendations made by the... READ MORE
Incoming NAB board member withdraws application
by • 1 Nov 2021
The major bank has announced that a formerly announced board member will no longer join its board.
READ MOREMajor bank pleads guilty for mis-selling credit insurance
by Malavika Santhebennur • 29 Oct 2021
A major bank has pleaded guilty to several criminal charges of making false or misleading representations to 165... READ MORE
‘We take too long’: ANZ manual systems drag turnarounds
by Sarah Simpkins • 29 Oct 2021
ANZ boss Shayne Elliott has conceded the bank has struggled to process a mass of home loan applications, as it works to... READ MORE

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