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ACL obligations issued for debt management firms

ACL obligations issued for debt management firms
by Malavika Santhebennur • 6 May 2021
ASIC will require debt management firms to hold a credit licence from 1 July...READ MORE
NAB exec to head up mutual bank

NAB exec to head up mutual bank
by Annie Kane • 6 May 2021
A member-owned bank has announced that it has appointed a new CEO and executive general manager of its retail banking... READ MORE
Automating broker loan assessments ‘on the priority list’: ANZ

Automating broker loan assessments ‘on the priority list’: ANZ
by Annie Kane • 5 May 2021
The CEO of the major bank has confirmed that broker turnarounds are still taking too long, but added that the bank is... READ MORE
Treasury looks to update CDR to give brokers access

Treasury looks to update CDR to give brokers access
by Annie Kane • 5 May 2021
The Treasury will soon release for consultation new Consumer Data Right rules that will enable consumers to give... READ MORE
The next steps for the Lendi Group

The next steps for the Lendi Group
by Annie Kane • 5 May 2021
David Hyman, the CEO of the newly merged Lendi Group, speaks to The Adviser about what’s next for the Aussie and... READ MORE
Home buyers divided on buying a home now: survey

Home buyers divided on buying a home now: survey
by Malavika Santhebennur • 5 May 2021
Almost half of all Millennials believe now is a good time to buy property, but a third of all Australians are unsure, a... READ MORE
RBA announces May cash rate

RBA announces May cash rate
by Malavika Santhebennur • 4 May 2021

The central bank has revealed its cash rate decision for May ahead of the federal budget on 11 May.

READ MORE
Aussie-Lendi merger officially completes

Aussie-Lendi merger officially completes
by Malavika Santhebennur • 4 May 2021
The merger between major brokerage Aussie and online loan platform Lendi has officially finalised, with David Hyman... READ MORE
Non-bank sees loan originations rise 17% qoq

Non-bank sees loan originations rise 17% qoq
by reporter • 4 May 2021
A non-bank lender has reported that its loan originations grew 17 per cent in the quarter ending 31 March 2021, up... READ MORE
Housing market shows hints of slowdown: CoreLogic

Housing market shows hints of slowdown: CoreLogic
by Malavika Santhebennur • 4 May 2021
There are signs that the housing market has moved through a peak rate of growth amid a slowdown in demand and rise in... READ MORE
Major bank makes appointment to newly created role

Major bank makes appointment to newly created role
by Malavika Santhebennur • 3 May 2021
The major bank has made an appointment to the newly created head of specialised and private role, a part of the... READ MORE
Mortgage Choice adds non-major to panel

Mortgage Choice adds non-major to panel
by Malavika Santhebennur • 3 May 2021
The major brokerage and aggregator has added a non-major bank lender to its panel, with its loan products available... READ MORE
Major bank rolls out ‘no-interest’ credit card for SMEs

Major bank rolls out ‘no-interest’ credit card for SMEs
by Annie Kane • 3 May 2021
The major bank has launched a new, “no-interest” credit card for small-business customers that enables them to... READ MORE
SMSF refinancing a ‘missed opportunity’ for brokers

SMSF refinancing a ‘missed opportunity’ for brokers
by Annie Kane • 3 May 2021
A lack of awareness around refinancing SMSF loans means that brokers may be “missing out” on an opportunity to... READ MORE
Westpac outlines source of tech abuse

Westpac outlines source of tech abuse
by Malavika Santhebennur • 3 May 2021
The major bank has said that abusive or threatening transactions stemmed from the new payments platform that was... READ MORE
Treasurer announces new ASIC chair and deputy chair

Treasurer announces new ASIC chair and deputy chair
by Annie Kane • 30 Apr 2021
The federal Treasurer has announced the replacements for ASIC chair James Shipton and former deputy chair Daniel... READ MORE
Aggregator offers in-house loan processing support

Aggregator offers in-house loan processing support
by Malavika Santhebennur • 30 Apr 2021
An aggregator has introduced an option for brokers to have their loans processed in-house, which includes fraud... READ MORE
Steve Sampson becomes CCO of non-bank lender

Steve Sampson becomes CCO of non-bank lender
by Annie Kane • 30 Apr 2021
An SME lender has appointed Bank of Sydney’s former head of third party, Steve Sampson, as its first chief commercial... READ MORE
Bank survey shows turnarounds remain top broker concern

Bank survey shows turnarounds remain top broker concern
by Annie Kane • 30 Apr 2021
A non-major bank has found that 86 per cent of brokers are most concerned about turnarounds at the moment, with... READ MORE
Hot Property: The biggest property headlines from the week 26-30 April

Hot Property: The biggest property headlines from the week 26-30 April
by Reporter • 30 Apr 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 30... READ MORE
Loan deferrals dwindle as scheme expires

Loan deferrals dwindle as scheme expires
by Malavika Santhebennur • 29 Apr 2021
Less than 1 per cent of loans that were deferred during the pandemic remained deferred at the end of March, with... READ MORE
APRA approves NAB-86 400 deal

APRA approves NAB-86 400 deal
by Annie Kane • 29 Apr 2021

The prudential regulator has granted approval for the major bank to fully acquire neobank 86 400.

READ MORE
Major bank settles class action for $30m

Major bank settles class action for $30m
by reporter • 29 Apr 2021
A big four bank has agreed to pay up to $30 million, without any admission of liability, to settle a class action... READ MORE
Recognising the Symond legacy

Recognising the Symond legacy
by Annie Kane • 28 Apr 2021
Following the news that Aussie CEO James Symond is to step down from his role, the industry has been reflecting on the... READ MORE
OnDeck launches new credit scoring model

OnDeck launches new credit scoring model
by Reporter • 28 Apr 2021
The online SME lender has launched a new risk-predicting credit model which it said would support more tailored risk... READ MORE
James Symond to leave Aussie

James Symond to leave Aussie
by Annie Kane • 27 Apr 2021
The CEO of Aussie, James Symond, is to step down from his role, marking the end of the Symond family’s leadership of... READ MORE

Non-major unveils new LMI offering
by Annie Kane • 27 Apr 2021
Gateway Bank has today unveiled a Monthly Premium LMI offering to help those with low deposits access a mortgage... READ MORE

Governments must step in on stamp duty: Grattan
by reporter • 27 Apr 2021
The CEO of the Grattan Institute has suggested that the abolition of stamp duty might be needed in order to halt the... READ MORE
Ex-broker pleads guilty, fined for fraud

Ex-broker pleads guilty, fined for fraud
by Reporter • 27 Apr 2021
A former finance broker at a used car dealership has been fined after pleading guilty to four charges of obtaining a... READ MORE
Prospa originations up as SMEs recover

Prospa originations up as SMEs recover
by Malavika Santhebennur • 26 Apr 2021
The SME lender has said that its total originations have bounced back to pre-COVID levels, and up 20 per cent on the... 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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