Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Westpac completes LMI business sale

by • 1 Sep 2021

The big four bank has finalised its deal with a global specialist insurer for its lender’s mortgage insurance...READ MORE

ACT expands SME COVID support

by Malavika Santhebennur • 1 Sep 2021

The ACT COVID-19 Business Support Grants have been increased as the territory faces a lockdown extension.

MyState hires former ANZ exec to lead wealth division

by • 1 Sep 2021

Non-major banking group MyState Limited has appointed a new general manager for its wealth management... READ MORE

Liberty Financial raises broker investment as book swells

by Sarah Simpkins • 31 Aug 2021

The ASX-listed group has ramped up investments in broker support staff and technology, as it has seen its loans grow by... READ MORE

Broker flows boost Heartland to $1bn

by Sarah Simpkins • 31 Aug 2021

Heartland’s reverse mortgages loan book has passed $1 billion, with more than half of its business flowing through... READ MORE

Platform Finance partners with SME lender

by • 31 Aug 2021

Asset finance aggregator Platform Finance has made a strategic referral partnership with Moneytech Finance, allowing... READ MORE

CBA appoints non-executive director

by reporter • 31 Aug 2021

The major bank will welcome a new independent non-executive director on 1... READ MORE

‘Brokers’ strong relationships’ lead to record FY21: AFG

by Annie Kane • 30 Aug 2021

The strength of the broker-client relationship has helped deliver a record settlement and financial result for the... READ MORE

Broker, big 4 dynamics shift benefits smaller banks: Auswide

by Sarah Simpkins • 30 Aug 2021

The non-major bank has eyed a turn in the relationship between brokers and the major banks, stating smaller players... READ MORE

Aggregator settlements up 42%

by Malavika Santhebennur • 30 Aug 2021

Finsure has reported growth in settlements and its loan book for FY21, while its broker numbers have exceeded... READ MORE

Vaccination targets ‘critical’ for economic recovery: NAB CEO

by reporter • 30 Aug 2021

National cabinet’s vaccination targets are “critical” to getting the economy back on track, the major bank... READ MORE

Aggregators should be helping guide broker laws: Sam White

by Annie Kane • 27 Aug 2021

As well as helping brokers with compliance, aggregators should be helping “shape” legislators’ views on how new... READ MORE

Wisr courting brokers on quest to $1bn book

by Sarah Simpkins • 27 Aug 2021

The neo-lender has flagged plans to increase its third-party distribution, as it strives to more than double its loan... READ MORE

Westpac completes onshoring of 1,000 jobs

by Annie Kane • 27 Aug 2021

The major bank has “brought back” 1,075 jobs to Australia to “improve service to customers”, including in... READ MORE

SME lender joins Lend partner panel

by • 27 Aug 2021

Business and payments provider Zip Business has been added to the partner panel of the SME platform.... READ MORE

Hot Property: The biggest property headlines from the week 23 to 27...

by Reporter • 27 Aug 2021

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 27... READ MORE

SMEs need early super, says senator

by Sarah Simpkins • 26 Aug 2021

A senator has argued for reopening the superannuation vault for early withdrawals, to help small businesses suffering... READ MORE

6 in 10 haven’t reviewed loan to refinance: Aussie

by Malavika Santhebennur • 26 Aug 2021

Despite most borrowers saying they are not confident that they have a good home loan deal, they have not sought to... READ MORE

Financial sector continues to be high cyber target

by • 26 Aug 2021

The financial services sector had the second-highest number of data breaches between January-July and is increasingly... READ MORE

Property valuations up by 23%: CoreLogic

by Malavika Santhebennur • 26 Aug 2021

CoreLogic has reportedly seen a jump in valuations ordered in the last year to June, partly driven by the digitisation... READ MORE

Government opens up criteria for SME Recovery Loan Scheme

by Annie Kane • 25 Aug 2021

The eligibility for the SME Recovery Loan Scheme has been expanded again to help assist SMEs dealing with the impacts... READ MORE

Pepper reveals record mortgage originations

by Annie Kane • 25 Aug 2021

Strong broker activity has helped deliver a 33 per cent rise in home loan originations, particularly from self-employed... READ MORE

Regional Vic, WA SMEs given COVID support

by Malavika Santhebennur • 25 Aug 2021

A cash grants package has been announced for businesses in regional Victoria, while a targeted package has been... READ MORE

AFG creates new broker role

by • 25 Aug 2021

The aggregator has created a new broker experience role to “supercharge” support for its... READ MORE

RedZed reaches $5bn in originations

by Reporter • 25 Aug 2021

Specialist lender RedZed Lending Solutions has reached a milestone for the company, originating $5 billion in... READ MORE

Richard Pusey banned for 10 years

by Reporter • 24 Aug 2021

The former mortgage broker has been banned from engaging in credit activities and financial services.

Government unveils draft reforms for unfair contract terms

by Sarah Simpkins • 24 Aug 2021

The government has released a draft bill aiming to combat unfair contract terms, with proposed changes including the... READ MORE

Prospa sees record Q4 after being ‘tested’ by COVID

by Sarah Simpkins • 24 Aug 2021

Brokers contributed to an 8 per cent rise in Prospa originations in the financial year 2021, and a record fourth... READ MORE

PLAN welcomes new lender to its panel

by reporter • 24 Aug 2021

The 1,600 brokers aggregating under PLAN Australia can now access loans from non-bank lender Oak Capital.

Asset finance loans up 20% YOY: CBA

by Malavika Santhebennur • 24 Aug 2021

The major bank has reported that new business lending in asset finance grew in the financial year 2021 by the largest... READ MORE

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