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Bank reveals key broker concerns

Bank reveals key broker concerns

by Sarah Buckley • 15 Dec 2020
Credit policy procedures, servicing times and lender requirements are mortgage brokers’ biggest concerns, according...READ MORE
Westpac issues ‘our own doing’: chairman

Westpac issues ‘our own doing’: chairman
by Annie Kane • 15 Dec 2020
The Westpac chairman has acknowledged the shortcomings in its risk management and compliance, and said many issues were... READ MORE
MFAA, housing sector back consumer credit reforms

MFAA, housing sector back consumer credit reforms
by • 14 Dec 2020
The consumer credit reforms could see borrowers viewed on a risk-based assessment for their loan applications, which... READ MORE
Two new ACCC commissioners appointed

Two new ACCC commissioners appointed
by • 14 Dec 2020
Treasurer Josh Frydenberg has announced two new commissioners of the Australian Competition and Consumer Commission,... READ MORE
New digital technology business awards program launches

New digital technology business awards program launches
by • 14 Dec 2020
Momentum Media has announced the launch of its inaugural Australian Digital Technology Awards, a program that... READ MORE
Regulatory guide to ‘game changer’ DDO released

Regulatory guide to ‘game changer’ DDO released
by • 11 Dec 2020
Lenders and brokers will need to take a consumer-centric approach to how they design and distribute mortgages, as... READ MORE
CDR accreditation guidelines released

CDR accreditation guidelines released
by • 11 Dec 2020
The ACCC has released guidelines for those wishing to become accredited to access Consumer Data Right data, including... READ MORE
Former brokerage, director charged over false statement

Former brokerage, director charged over false statement
by • 11 Dec 2020
A former Melbourne-based mortgage brokerage and its director have been charged with making a false statement to the... READ MORE
Finsure unveils new branding

Finsure unveils new branding
by • 11 Dec 2020

Aggregation group Finsure has unveiled new branding ahead of its 10th anniversary in 2021.

READ MORE
Hot Property: The biggest property headlines from the week 7-10 December

Hot Property: The biggest property headlines from the week 7-11...
by • 11 Dec 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 11... READ MORE
Aggregator settlements up 51% in October

Purple Circle settlements up 51% in October
by • 11 Dec 2020
Purple Circle Financial Services’ settlements increased by over 51 per cent in October over its previous record... READ MORE
NZ looks to reinstate LVR restrictions

NZ looks to reinstate LVR restrictions
by • 10 Dec 2020
The Reserve Bank of New Zealand is looking to bring in loan-to-value restrictions on “high-risk lending” from 1... READ MORE
Platform Finance launches BID-compliant CRM

Platform Finance launches BID-compliant CRM
by • 10 Dec 2020
The asset finance group has launched a BID-compliant CRM system, in addition to a quoting and lodgement system designed... READ MORE
NextGen.Net makes strategic partnership appointment

NextGen.Net makes strategic partnership appointment
by • 10 Dec 2020
The technology provider has announced the return of a former sales manager, who has been appointed to manage its... READ MORE
Consumer credit reforms introduced into Parliament

Consumer credit reforms introduced into Parliament
by Annie Kane • 9 Dec 2020
The bill surrounding the extension of the best interests duty and removal of responsible lending obligations has been... READ MORE

COVID-19 dampens BOQ FY20 results
by • 9 Dec 2020
The non-major has reported a substantial decline in its FY20 results amid a challenging environment, but its total... READ MORE
Home lending specialist joins Brighten Home Loans

Home lending specialist joins Brighten Home Loans
by • 9 Dec 2020
The non-bank lender has appointed its first manager of business analytics and operations, as it continues to rapidly... READ MORE
Online brokerage offers super contributions to borrowers

Online brokerage offers super contributions to borrowers
by • 9 Dec 2020
uno Home Loans has partnered with Super-Rewards to offer borrowers superannuation contributions when they use the... READ MORE
Aussie teams with kids’ education provider

Aussie teams with kids’ education provider
by • 9 Dec 2020
The major brokerage has announced a five-year partnership with Life Education under which it plans to involve its... READ MORE
ACCC Home Loan Price Inquiry tentatively welcomed

ACCC Home Loan Price Inquiry tentatively welcomed
by • 8 Dec 2020
The heads of the FBAA and MFAA have both tentatively welcomed the final report on the Home Loan Price Inquiry,... READ MORE
Ex-finance broker fined $3,000 for fraud

Ex-finance broker fined $3,000 for fraud
by • 8 Dec 2020
A former Victorian car loan writer has been sentenced after pleading guilty to fraud in relation to four loans... READ MORE
CBA given licence for Dutch subsidiary

CBA given licence for Dutch subsidiary
by • 8 Dec 2020
The major bank has been granted a banking licence for its Dutch subsidiary, which it said would provide better access... READ MORE

Lenders should prompt borrowers to review rate: ACCC final report
by Annie Kane • 7 Dec 2020
The final Home Loan Price Inquiry report recommends that lenders should regularly prompt customers whose loans are... READ MORE
FBAA appoints new board members and fellows

FBAA appoints new board members and fellows
by • 7 Dec 2020
The industry association has announced its 2021 board members and extended its thanks to outgoing director Rick... READ MORE
Non-major sponsors financial wellness research

Non-major sponsors financial wellness research
by • 7 Dec 2020
Teachers Mutual Bank Ltd has partnered with a financial wellness platform to deliver insights into financial... READ MORE
Half of Australians wish home buying was on the curriculum

Half of Australians wish home buying was on the curriculum
by • 7 Dec 2020
Nearly half of Australians wish they had learned about how the property market works in school, with three-quarters... READ MORE
ASIC consults on new remediation guidance

ASIC consults on new remediation guidance
by • 4 Dec 2020
The financial services regulator is changing its consumer remediation guidance to be “product neutral” and include... READ MORE
How a broker can service self-employed clients

How a broker can service self-employed clients
by • 4 Dec 2020
The specialist lender explained why broker lender panels should be broad, and underscored the importance of brokers... READ MORE
AFG pilots new AI platform

AFG pilots new AI platform
by • 4 Dec 2020
The aggregation group is piloting a new AI platform that predicts customer behaviour and helps brokers tailor their... READ MORE
Hot Property: The biggest property headlines from the week 30 November to 4 December

Hot Property: The biggest property headlines from the week 30...
by • 4 Dec 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 4... 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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