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Non-bank launches loan product for self-employed

Non-bank launches loan product for self-employed
by • 26 Aug 2020
Better Choice Home Loans has launched a new home loan product for self-employed borrowers with no risk fee or...READ MORE
Brokerage awarded B Corp certification

Brokerage awarded B Corp certification
by • 26 Aug 2020
A Sydney-based brokerage is the first specialist finance brokerage to have been given a B Corporation... READ MORE

Borrowers turn to government stimulus to pay mortgage
by • 25 Aug 2020
An increasing number of people are using government stimulus payments to pay their mortgages or rent, according to new... READ MORE

ANZ extends cashback offer deadlines
by • 25 Aug 2020
The major bank has extended cashback and drawdown deadlines for borrowers lodging applications to refinance their home... READ MORE
Advice remediation bill exceeds $1bn

Advice remediation bill exceeds $1bn
by • 25 Aug 2020
Banks and financial services institutions have incurred over $1 billion in remediation charges associated with the... READ MORE
Remote working to shift property price trends

Remote working to shift property price trends

by • 25 Aug 2020
The best performing areas in terms of property prices could change as remote working will make living outside the... READ MORE
Lender closes branches in all but one state

Lender closes branches in all but one state
by • 24 Aug 2020
A non-major bank has announced that it is closing all its branches outside of its home state, as it prioritises the... READ MORE
David McQueen

Loan Market joins calls to retain digital VOI
by • 24 Aug 2020
The broking group has backed calls for the digital VOI to continue to form part of the lending process beyond the... READ MORE
Digital lender introduces tiered variable rates

Digital lender introduces tiered variable rates
by • 21 Aug 2020
Neobank 86 400 has introduced tiered variable rates for borrowers, enabling customers with higher deposits to access... READ MORE
Pandemic drains FHB deposit savings

Pandemic drains FHB deposit savings
by • 21 Aug 2020
Almost 70 per cent of first home buyers have been forced to suspend their home ownership plans after tapping into their... READ MORE
COVID boosts interest in broker channel

COVID boosts interest in broker channel
by • 21 Aug 2020
Over a third of Australians are more likely to seek assistance from a mortgage broker now than prior to the COVID-19... READ MORE
RateCity attacks rate hikes for COVID-19-hit borrowers

RateCity attacks rate hikes for COVID-19-hit borrowers
by • 21 Aug 2020
Borrowers who move to an interest-only loan following the expiry of their loan deferral period should not be charged a... READ MORE
Hot Property: The biggest property headlines from the week 17-21 August

Hot Property: The biggest property headlines from the week 17-21...
by • 21 Aug 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 21... READ MORE
SME lender acquires invoice finance platform

SME lender acquires invoice finance platform
by • 20 Aug 2020
CML Group has completed its acquisition of an invoice finance platform, after paying $2.25 million in cash and... READ MORE
ANZ earnings double amid retail boost

ANZ earnings double amid retail boost
by • 20 Aug 2020
Above-system mortgage and deposit growth has helped bolster the major bank’s earnings over the third quarter,... READ MORE
Educate Australians on property as an asset class, says Bouris

Educate Australians on property as an asset class, says Bouris
by • 20 Aug 2020
Mortgage brokers have an opportunity to “own” the space of being educators on property as an asset class, YBR... READ MORE
Why brokers should do a stocktake of their processes

Why brokers should do a stocktake of their processes
by • 20 Aug 2020
Victoria-based broker Jonathan Lee explains why it is important for brokers to take stock of their business processes... READ MORE

FHBs helping ‘pick up the slack’ amid COVID drag
by • 19 Aug 2020
Continued demand for the First Home Loan Deposit Scheme is a reflection of the market’s resilience to the COVID-19... READ MORE
Over a quarter of businesses ‘knocked back’ by lenders

Over a quarter of businesses ‘knocked back’ by lenders
by • 19 Aug 2020
One in four businesses grappling with the economic fallout from the COVID-19 pandemic has had their application for... READ MORE

Loan Market grows broker network
by • 19 Aug 2020
Over 150 brokers joined the Loan Market franchise last financial year, which the group attributed to the BID... READ MORE
COVID-19 sees 50% drop in SME loans requested: Lend

COVID-19 sees 50% drop in SME loans requested: Lend
by • 19 Aug 2020

The volume of funds requested by SMEs halved in Q420, according to SME lending platform Lend.

READ MORE
Clawback arrangements under review

Clawback arrangements under review
by • 18 Aug 2020
The Combined Industry Forum is reviewing clawback arrangements within the broker remuneration model, with a... READ MORE
Bank tightens LVR for fixed-rate loans

Bank tightens LVR for fixed-rate loans
by • 18 Aug 2020

Teachers Mutual Bank has reduced the maximum LVR for fixed-rate home loans with LMI, effective 17 August.

READ MORE
Aussie bolsters its broker network

Aussie bolsters its broker network
by • 18 Aug 2020

The major brokerage has expanded its network of brokers and franchisees in the midst of the COVID-19 crisis.

READ MORE
What success looks like for brokers

What success looks like for brokers
by • 18 Aug 2020
From educating clients on their finances to having a strong client base and establishing referrals networks, brokers... READ MORE
RBA backs move to axe stamp duty

RBA backs move to axe stamp duty
by • 17 Aug 2020
Reserve Bank governor Philip Lowe has expressed support for the removal of stamp duty, which he has described as a... READ MORE
Major brokerage appoints new head of recruitment

Major brokerage appoints new head of recruitment
by • 17 Aug 2020
A major franchise brokerage has appointed a new head of franchise recruitment, responsible for the growth of the... READ MORE
Two-thirds of brokers write more than mortgages

Two-thirds of brokers write more than mortgages
by • 17 Aug 2020
Approximately two-thirds of brokers are writing other loans for their clients outside of mortgages, according to a new... READ MORE
ASIC issues post-mortgage deferral guidance

ASIC issues post-mortgage deferral guidance
by • 14 Aug 2020
The corporate regulator has outlined its expectations of lenders when loan repayment deferrals offered in light of... READ MORE
Bank lowers DTI cap for FHLDS loans

Bank lowers DTI cap for FHLDS loans
by • 14 Aug 2020
A non-major bank has announced that it will reduce the maximum debt-to-income ratio for loans backed by the... 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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