Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Non-bank welcomes new head of distribution

by Annie Kane • 23 Nov 2021

Non-bank mortgage lender MKM has announced the appointment of its new head of distribution. READ MORE

Victorian FHB grants rise by 29.4%

by Sarah Simpkins • 23 Nov 2021

The Victorian state government has dished out almost 30 per cent more grants to first home buyers year-on-year. READ MORE

1/4 of Australians considering buying property with...

by • 23 Nov 2021

A quarter of Australians are pondering whether to co-invest with their parents or friends, according to new data... READ MORE

UK regtech expands into Australia with Judo Bank

by • 23 Nov 2021

SMEs will be able to digitally share financial statements with Judo Bank under the bank’s partnership with UK regtech... READ MORE

Agri lending growth buoyed by high confidence: CBA

by reporter • 23 Nov 2021

Agri machinery financing rose 25 per cent in the first four months of the financial year 2022, reflecting strong... READ MORE

SME lending ‘desperately needs better regulation’, says lender

by • 22 Nov 2021

Tradeplus24 is calling for better invoice lending regulation or a self-regulated code of conduct after suggesting... READ MORE

Same-day commission payments offered to Effi brokers

by Annie Kane • 22 Nov 2021

Advanced payments of upfront commissions are being offered to brokers through a new partnership between Effi and... READ MORE

AFCA members to see ‘near real-time’ complaints data

by Annie Kane • 22 Nov 2021

An interactive platform that provides daily complaints data has been launched by the dispute resolution platform for... READ MORE

Deposit Power announces new CEO

by Annie Kane • 19 Nov 2021

The bond provider has appointed a new chief executive who will help “drive the company’s strategy and growth... READ MORE

84% of SMEs think bank loans are hard to secure

by • 19 Nov 2021

Only 16 per cent of SMEs think it’s easy to secure a loan through a bank, according to the inaugural RedZed... READ MORE

MFAA announces 2 new board members

by reporter • 19 Nov 2021

Brokers Marissa Schulze and Kerri Buurman have been welcomed to the board of the Mortgage and Finance Association of... READ MORE

Platform Finance reports strong surge in personal loans

by Annie Kane • 19 Nov 2021

Home improvements, debt consolidation and vehicle purchases have driven a doubling in personal loan growth in the... READ MORE

ASIC sues group over behaviour against debtors

by • 19 Nov 2021

The financial services regulator has taken a debt negotiator to court over allegations of misleading, threatening and... READ MORE

Hot Property: The biggest property headlines from the week 15-19...

by Annie Kane • 19 Nov 2021

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

91% of broker clients would recommend their broker

by Annie Kane • 18 Nov 2021

Broker clients overwhelmingly believe brokers act in their best interests and would recommend them to friends and... READ MORE

Plenti chips away at turnarounds in quest to $5bn

by Sarah Simpkins • 18 Nov 2021

The ASX-listed lender has laid out its ambitions to hit a $5 billion loan book in the next four years, with brokers to... READ MORE

New draft regulatory guide released on consumer remediation

by Annie Kane • 17 Nov 2021

Credit licensees are being asked to respond to ASIC’s new regulatory guide on how they should conduct remediations... READ MORE

Banking group names interim CEO

by Annie Kane • 17 Nov 2021

A banking and mortgage broking group has announced the appointment of Allan Savins as its interim banking chief... READ MORE

Non-major banks increasingly popular: Broker Pulse

by Annie Kane • 17 Nov 2021

Ninety per cent of brokers sent loans to the non-majors in October, with a falling proportion using the big four,... READ MORE

Low confidence hinders diversification into SME finance

by Malavika Santhebennur • 17 Nov 2021

Residential mortgage brokers have the will and desire to diversify into SME lending but lack the time and confidence to... READ MORE

MFAA celebrates 14k membership milestone

by reporter • 17 Nov 2021

The association’s membership has surpassed the 14,000-member mark for the first time in its history, it has been... READ MORE

Resimac settled record $2.5bn in 1Q22

by • 17 Nov 2021

The non-bank lender settled a new record in the first three months of this financial year, up 72 per cent on the prior... READ MORE

Half of small businesses reporting decreased stock, reduced cash flow

by • 17 Nov 2021

Over 50 per cent of small businesses lack the stock to capitalise on Australia’s reopening, while 44 per cent are... READ MORE

Industry ‘disappointed’ with ANZ asset finance change

by Annie Kane • 16 Nov 2021

Asset finance groups have voiced disappointment at the major bank’s decision to only accept asset finance loans from... READ MORE

Brokers urged to help ease anxiety over rising rates

by Annie Kane • 16 Nov 2021

The FBAA is calling on brokers to help clients understand the impact of rate rises after finding that the majority of... READ MORE