Breaking News
Brokers keen on tech tools but want support: Advantedge
by • 15 Sep 2020
The majority of brokers have said that they intend to use or rely on digital tools in the future but cited a lack of...READ MORE
AFG Securities updates clawback structure
by Annie Kane • 14 Sep 2020
The in-house lending division of AFG has amended its clawback structure so that full clawback only lasts for three... READ MORE
Victorian government launches swathe of grant packages
by Annie Kane • 14 Sep 2020
The Victorian government has announced a $100-million support package to assist sole traders in the state, building on... READ MORE
NAB CEO defends low take-up of SME Guarantee Scheme
by • 14 Sep 2020
NAB CEO Ross McEwan has outlined why take-up for the Coronavirus SME Guarantee Scheme has been low in his first... READ MORE
Annual aggregator satisfaction survey launches
by • 14 Sep 2020
The annual Aggregator of Choice survey is now open, giving brokers the opportunity to rate the performance of their... READ MORE
FHBs warned against buying unregistered land
by • 14 Sep 2020
A buyer’s agent has warned that land developers and builders are luring FHBs by “conspiring” to advertise... READ MORE
Citigroup CEO retires, first female CEO appointed
by • 11 Sep 2020
Jane Fraser is set to become Citigroup’s new chief executive officer – and the first female heading up any major... READ MORE
Winners revealed for 2020 Women in Finance Awards
by • 11 Sep 2020
The Adviser, in partnership with AMP Bank, is thrilled to reveal the winners for this year’s Women in Finance... READ MORE
Lender hits FHLDS limit
by • 11 Sep 2020
A non-major bank has ceased accepting applications backed by the First Home Loan Deposit Scheme.
READ MOREPrime launch bolsters Bluestone’s loan book
by • 11 Sep 2020
The non-bank’s launch into the prime space has helped trigger a 23 per cent spike in its loan portfolio.
READ MOREAggregator unveils brand refresh
by • 11 Sep 2020
Aggregation group outsource Financial has unveiled a brand refresh, launching a new website and members portal, and an... READ MORE
Hot Property: The biggest property headlines from the week 7-11...
by • 11 Sep 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week... READ MORE
Broker satisfaction with CBA dives
by • 10 Sep 2020
The major bank’s net promoter score has plunged into negative territory following a second consecutive increase in... READ MORE
Simple steps that could change a life
by • 10 Sep 2020
With the ongoing impact of COVID-19, this year could be more important than ever to check in on one another and ask... READ MORE
Purple Circle welcomes digital lender to panel
by • 10 Sep 2020
Purple Circle Financial Services has welcomed digital mortgage provider 86 400 to its lender... READ MORE
How a process-driven brokerage achieved consistency
by • 10 Sep 2020
The principal of Birdie Wealth sat down with Elite Broker to explain how being process-driven can help a brokerage... READ MORE
Loan Market expands tech team
by • 10 Sep 2020
The major brokerage has grown its technology team by recruiting the Australian division of a global IT company ahead of... READ MORE
Borrowers turn to bank of mum and dad in HomeBuilder confusion
by • 9 Sep 2020
Many borrowers looking to build new homes with the HomeBuilder grant are relying on borrowed funds from family and... READ MORE
Non-bank cuts rate, offers deferred repayments
by • 9 Sep 2020
A commercial lender has reduced its rate on interest-only first mortgages by 25 basis points and launched a new... READ MORE
Lender to cull credit products from offering
by • 9 Sep 2020
A non-major bank has announced that it will withdraw its line of credit and interest in advance products.
READ MOREProgram launched to raise dementia awareness
by • 9 Sep 2020
Financial services professionals have been urged to participate in a new program designed to improve awareness of the... READ MORE
Half of deferrals to be reviewed in coming weeks
by • 8 Sep 2020
Approximately 450,000 borrowers are approaching the expiry of their deferral arrangements, which are set to be reviewed... READ MORE
YBR to buy back up to 28 million shares
by • 8 Sep 2020
The third-party mortgage business has announced that it will undertake an on-market buyback of almost 9 per cent of its... READ MORE
15k customers unable to restart repayments: ANZ
by Sarah Kendall • 8 Sep 2020
ANZ has estimated that around 15,000 of its mortgage customers may not ever be able to resume repayments, due to... READ MORE
Loan Market and NextGen.Net deepen partnership
by • 8 Sep 2020
The aggregation group has relaunched its MyCRM solution with a deeper integration with ApplyOnline to reduce pain... READ MORE
CBA setting aside $6.4bn for credit losses
by • 7 Sep 2020
Matt Comyn, the CEO of CBA, has revealed that the bank is holding a total of $6.4 billion for future credit losses off... READ MORE
Wisr launches vehicle lending product
by • 7 Sep 2020
The fintech lender has announced the launch of a secured vehicle finance product, which will be available through... READ MORE
ANZ changes rental income sharing rules
by • 7 Sep 2020
The big four bank has revised its serviceability policy, changing the way it assesses rental income and expenses for... READ MORE
CoreLogic hires new head of financial services solutions
by • 7 Sep 2020
CoreLogic has appointed the former head of underwriting risk of Genworth as its new head of financial services... READ MORE
‘Fully functional’ BID ‘critical’ ahead of trail review
by • 4 Sep 2020
The best interests duty will be a “powerful ally” in the broking industry’s corner when it defends the utility of... READ MORE

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