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Resimac Asset Finance acquires stake in commercial finance company

Resimac Asset Finance acquires stake in commercial finance company
by Annie Kane • 8 Jul 2021
The asset finance division of the non-bank lender is acquiring a stake in Sonder Equipment Finance in a bid to boost...READ MORE
Registrations open for New Broker Academy 2021

Registrations open for New Broker Academy 2021
by Annie Kane • 8 Jul 2021

The Adviser’s free-to-attend event for new and prospective mortgage brokers has opened for registrations.

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Assetline opens Melbourne office, hires state head

Assetline opens Melbourne office, hires state head
by Annie Kane • 8 Jul 2021
The short-term secured asset lender has opened a new office in South Yarra and hired a new director to continue the... READ MORE
Loan fraud is greatest AML/CTF risk to non-banks: AUSTRAC

Loan fraud is greatest AML/CTF risk to non-banks: AUSTRAC
by Annie Kane • 7 Jul 2021
Loan application and identity fraud are the main threats to non-banks, the government agency has concluded, noting the... READ MORE
Associations announce changes to national award ceremonies

Associations announce changes to national award ceremonies
by Annie Kane • 7 Jul 2021
The FBAA has postponed its national conference and awards to November, while the MFAA has moved its national awards... READ MORE
LoanU appoints BDM for broker relationships

LoanU appoints BDM for broker relationships
by Sarah Simpkins • 7 Jul 2021
Specialist lender LoanU has named a new business development manager responsible for acquiring and maintaining broker... READ MORE
Debt management ACL regime begins

Debt management ACL regime begins
by Malavika Santhebennur • 7 Jul 2021
ASIC has warned debt management firms, who are now require to hold an ACL, that it is closely monitoring compliance... READ MORE
RBA delivers first rate decision for FY21-22

RBA delivers first rate decision for FY21-22
by Malavika Santhebennur • 6 Jul 2021
The RBA has announced its decision for the official cash rate for July, as well as changes to strategies around its... READ MORE

‘Responsible lending’ issues among top consumer complaints
by Annie Kane • 6 Jul 2021
Credit cards and home loan issues were the most complained-about products in financial year 2021, with responsible... READ MORE
Butn to go public

Butn to go public
by Sarah Simpkins • 6 Jul 2021

Small business finance platform Butn is set to list on the ASX, in a $20 million IPO.

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Majority of brokers believe rate is top attraction
by Malavika Santhebennur • 6 Jul 2021
Most brokers said that clients seek their advice about optimal home loan interest rates, which could mount pressure on... READ MORE
Amy Thorburn

SFG appoints Qld BDM
by Malavika Santhebennur • 6 Jul 2021

The privately owned aggregator has appointed a former credit analyst to its newly created Queensland BDM role.

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SocietyOne launches digital broker portal, senior hires

SocietyOne names broker distribution head
by Sarah Simpkins • 5 Jul 2021
The personal lender has recruited a former Mortgage Choice and Aussie sales manager to lead its broker... READ MORE
Treasury launches consultation on giving brokers CDR data

Treasury launches consultation on giving brokers CDR data
by • 5 Jul 2021
Stakeholders have until 30 July to respond to a consultation on new rules that will allow consumers to share... READ MORE
Sedgwick review into retail bank commissions released

Sedgwick review into retail bank commissions released
by Malavika Santhebennur • 5 Jul 2021
A review of retail banking product commissions and payments has found that links between remuneration and sales are now... READ MORE
PLAN brokers can now access 86 400

PLAN brokers can now access 86 400
by • 5 Jul 2021
Brokers aggregating under PLAN Australia will now be able to access loans from the neobank as it joins the group’s... READ MORE
Lenders launch new cashback offers

Lenders launch new cashback offers
by • 5 Jul 2021
Several banks have announced new, or extended, cashback offers to attract those looking to refinace their... READ MORE
Westpac sues Forum Finance for potential fraud

Westpac sues Forum Finance for potential fraud
by Annie Kane • 2 Jul 2021
The big four bank has commenced proceedings in the Federal Court against Forum Finance Pty Ltd for an alleged... READ MORE
Bank CEOs quizzed on turnaround differentials

Bank CEOs quizzed on turnaround differentials
by Annie Kane • 2 Jul 2021
The standing committee on economics has sought clarity from several non-major bank CEOs as to why there is a huge... READ MORE
Brokers urged to be vigilant when buying/selling trail books

Brokers urged to be vigilant when buying/selling trail books
by Annie Kane • 2 Jul 2021
EOFY and the beginning of the new financial year are a peak time for finance scams. Brokers are being urged to be... READ MORE
Home buying intentions at all-time high: NAB

Home buying intentions at all-time high: NAB
by Malavika Santhebennur • 2 Jul 2021
The major bank said more Australians have said that they intend to buy a new home in 2021, while it has seen record FHB... READ MORE
Hot Property: The biggest property headlines from the week 28 June to 2 July

Hot Property: The biggest property headlines from the week 28 June to...
by Malavika Santhebennur • 2 Jul 2021

The weekly round-up of the biggest news stories from across Momentum Media’s property titles.

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BOQ completes ME Bank acquisition

BOQ completes ME Bank acquisition
by Annie Kane • 1 Jul 2021
ME Bank has officially become part of the BOQ Group following completion of the $1.32-billion... READ MORE
Mortgage Choice officially joins REA Group

Mortgage Choice officially joins REA Group
by Annie Kane • 1 Jul 2021
The major brokerage has today officially joined the REA Group, expanding the digital property advertising business’s... READ MORE
New mortgage lender ‘co-developing’ digital loan for brokers

New mortgage lender ‘co-developing’ digital loan for brokers
by • 1 Jul 2021
A new fintech lender has launched into market with a direct offering, but has confirmed it is currently... READ MORE
Government adds 30k spots to housing grants

Government adds 30k spots to home loan schemes
by Sarah Simpkins • 1 Jul 2021

The government has expanded the number of places available under its housing support programs by 30,000.

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RedZed offers brokers online valuation tool

RedZed offers brokers online valuation tool
by • 1 Jul 2021
The specialist lender has partnered with Valocity to offer brokers access to an online valuation portal, in a bid to... READ MORE
Connective posts 88% growth in home loans division

Connective posts 88% growth in home loans division
by Sarah Simpkins • 1 Jul 2021
Connective Home Loans has recorded a surge in the value of its applications while managing to grow by 88 per... READ MORE
Solo home buyers ‘growing force’ in market: ME Bank

Solo home buyers ‘growing force’ in market: ME Bank
by Malavika Santhebennur • 30 Jun 2021
The proportion of solo borrowers and their average home loan size has jumped during the pandemic at ME Bank, it has... READ MORE
GetCapital expands broker support team

GetCapital expands broker support team
by • 30 Jun 2021
The SME lender has hired several new BDMs and promoted internally to fill the role of national manager, strategic... READ MORE
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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