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Bank merger delayed

by Annie Kane • 2 Dec 2024
The vote on the proposed merger between two non-major banks has been postponed to 2025, following delays to necessary...READ MORE

RBA to have 2 boards from March

by Annie Kane • 2 Dec 2024
Australia’s central bank will have a monetary policy board and a governance board from March 2025, as the RBA... READ MORE

Resimac appoints new CEO

by Ben Squires • 2 Dec 2024
Resimac has announced the appointment of a new CEO who will focus on “achieving sustainable growth and improving... READ MORE

Industry applauds home ownership inquiry recommendations

by Ben Squires • 2 Dec 2024

Members of the broking industry have welcomed the final report from the Senate’s home ownership inquiry.

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Third major bank moves rate call

by Will Paige • 2 Dec 2024
Three of the big four banks have now revised their forecasts for when the central bank will start cutting the official... READ MORE

WLTH hires new distribution operations manager

by Will Paige • 2 Dec 2024

The digital lender has poached the new recruit from Yellow Brick Road, where he has worked since 2016.

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AFG now fully owns Fintelligence

by Annie Kane • 29 Nov 2024
The major aggregator has completed the total acquisition of the asset finance aggregator, as it continues to build its... READ MORE

70% of female business leaders struggle to obtain funding

by Will Paige • 29 Nov 2024
Women leading small businesses are finding it harder to access funding compared to men, a new Westpac study has... READ MORE

Hot Property: The biggest property headlines from the week 25–29...

by Reporter • 29 Nov 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 29... READ MORE

Banjo enhances asset finance offering

by Ben Squires • 29 Nov 2024

The non-bank lender has announced changes to its asset finance offering after feedback from finance brokers.

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Winners revealed for Commercial Finance Awards 2024

by Arabella Walton • 28 Nov 2024
A total of 20 winners have been announced for the inaugural Commercial Finance Awards, hosted with the support of... READ MORE

Senate inquiry recommends reducing 3% serviceability buffer

by Ben Squires • 28 Nov 2024
The final report from the Senate’s housing inquiry has detailed a range of recommendations including reducing the... READ MORE

AFG to acquire equity stakes in broker businesses

by Annie Kane • 28 Nov 2024
The major aggregator will move to acquire non-controlling equity stakes across its network of mortgage broking... READ MORE

APRA slammed for ‘nonsensical’ decision to retain 3% buffer

by Will Paige • 28 Nov 2024
The FBAA has called for government intervention over APRA’s “nonsensical” decision to keep the serviceability... READ MORE

outsource Financial makes 2 senior leadership changes

by Annie Kane • 28 Nov 2024

The aggregation group has welcomed two new members to its senior leadership team.

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Finsure confims ‘cyber incident’ impacting customers and brokers

by Annie Kane and David Hollingworth • 27 Nov 2024
The aggregator has confirmed the incident after “almost 300,000 unique” Finsure emails were added to the data leak... READ MORE

‘Help to Buy’ bill passes through Parliament

by Annie Kane • 27 Nov 2024
After months of delays and uncertainty, the Labor government’s shared equity scheme has successfully passed through... READ MORE

New rules on expanding CDR to non-banks released

by Annie Kane • 27 Nov 2024
Updated rules for expanding the Consumer Data Right to non-bank lending have been released for consultation by the... READ MORE

Suncorp Bank’s new head of broker unveils his top priorities

by Annie Kane • 27 Nov 2024
EXCLUSIVE In his first media interview since becoming the head of broker partnerships at Suncorp Bank, Paul Brick has... READ MORE

Brokers have saved clients $84.5m in interest by repricing

by Annie Kane • 27 Nov 2024
Between January and October 2024, brokers using fintech platform Sherlok saved clients a record $84.5 million in... READ MORE

NSW payroll tax law to be reviewed

by Annie Kane • 26 Nov 2024
A new parliamentary inquiry into the NSW Payroll Tax Act will be held, which will review the operation of the relevant... READ MORE

Lendi Group reduces some commission tiers

by Annie Kane • 26 Nov 2024
The brokerage group has reduced some of its tiered commission structures as it continues to update its broker... READ MORE

OwnHome launches first home buyer broker competition

by Annie Kane • 26 Nov 2024
Deposit loan company OwnHome has launched three cash prizes for brokers servicing first home... READ MORE

Bridgit bolsters distribution team with strategic hires

by Ben Squires • 26 Nov 2024
The non-bank lender has announced a pair of appointments designed to help strengthen its national distribution... READ MORE

Greens to wave through Labor housing bills

by Annie Kane • 25 Nov 2024
The shared equity Help to Buy scheme will likely pass this week after the Green Party of Australia said it would... READ MORE

3 per cent buffer to remain: APRA

by Annie Kane • 25 Nov 2024
The prudential regulator has maintained that the 3 per cent buffer will remain, amid widespread calls for the regulator... READ MORE

Firstmac prices $1.5bn RMBS issue

by Annie Kane • 25 Nov 2024
Non-bank lender Firstmac has issued $1.5 billion in green bonds, with its latest issue including solar-proxy green... READ MORE

Brighten goes live with ApplyOnline

by Annie Kane • 25 Nov 2024
The non-bank lender can now accept loan lodgements through NextGen’s ApplyOnline® platform, as it moves to provide... READ MORE

AMP Bank changes commission structure

by Annie Kane • 22 Nov 2024
Broker associations have welcomed AMP's change to clawbacks, effective from 1 January... READ MORE

Money Quest announces new managing director

by Annie Kane • 22 Nov 2024
A new leader has been appointed to take the helm of the aggregation and franchise broking group from next... READ MORE
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Read the latest issue of The Adviser magazine!
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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