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brokers

Brokers diversify income as EOFY looms
by • 5 Jun 2020
Brokers are “racing” to diversify their income ahead of EOFY, including the expansion into asset financing,...READ MORE

Brokers wrote half of FHLDS loans
by • 4 Jun 2020
The latest figures for the FHLDS suggest that brokers assisted in up to 50 per cent of placements within the scheme, as... READ MORE

Low repayment loan for brokers launches
by • 4 Jun 2020
Specialist lender TrailBlazer Finance has launched a new low repayment loan for mortgage brokers and financial... READ MORE
PLAN bolsters lending panel

PLAN bolsters lending panel
by • 4 Jun 2020
The aggregator has announced the addition of Better Choice Home Loans to its lending... READ MORE
Ruan Burger

How prioritising relationships pays off for this broker
by • 4 Jun 2020

Strong relationships with clients, staff and referral partners have helped this brokerage grow and succeed.

READ MORE

Major bank overhauls assessment process
by • 3 Jun 2020
A big four bank has bolstered its assessment team and will prioritise “sensitive” loan applications to address a... READ MORE

Industry reacts to cash rate decision
by • 3 Jun 2020
The Reserve Bank of Australia has announced its decision to leave the official cash rate unchanged at 0.25 per cent... READ MORE

Ignorance of extended asset write-off a boon for brokers
by • 3 Jun 2020
More than a third of SMEs are unaware of the extended instant asset write-off, which represents a “key opportunity”... READ MORE

RBA maintains status quo amid calls to consider cuts
by Charbel Kadib • 2 Jun 2020
The central bank has held the cash rate at its effective lower bound but has been urged to consider negative interest... READ MORE

CBA announces interest-only lifeline
by • 2 Jun 2020
The bank has become the second major lender to offer customers the option to switch to interest-only repayments, or... READ MORE

Brokers cite refinancing as key profit driver
by • 2 Jun 2020
The vast majority of brokers believe that refinancing clients is “the best chance for mortgage brokers to have a... READ MORE

Mortgage-holders explore refinancing amid COVID-19
by • 2 Jun 2020
New research has revealed that the majority of mortgage-holders believe now is a good time to refinance their home but... READ MORE

Funding offered for SME financial wellbeing projects
by • 2 Jun 2020
A major bank’s investment vehicle is offering $150,000 to entrepreneurs with projects that could improve the... READ MORE
Mortgage Choice

Major brokerage appoints new GM of distribution
by • 1 Jun 2020
Mortgage Choice has announced that Citi’s former head of banking and wealth management distribution has replaced... READ MORE

ANZ extends business loan terms
by • 1 Jun 2020
The major bank has announced that it will extend the maximum loan term on business loans under $1 million to 30... READ MORE

Credit growth stunted by dive in business lending
by • 1 Jun 2020
Credit growth has waned as a result of a sharp drop-off in business lending activity following last month’s high, the... READ MORE

Court rules against bank for ‘unfair’ loan terms
by Charbel Kadib • 29 May 2020
The Federal Court has declared a number of loan contracts entered into by a lender “void” after finding that the... READ MORE
APRA and RBA

RBA, APRA sing different tune on serviceability buffers
by • 29 May 2020
APRA chair Wayne Byres has dismissed the need for a cut to the buffer rate for mortgage serviceability assessments,... READ MORE

Remodelled FHB scheme cops backlash
by • 29 May 2020
From 1 July, all applications for the FHLDS will require a Notice of Assessment for the 2019-20 financial year, a... READ MORE

Building society employs video VOI process
by • 29 May 2020
Newcastle Permanent has introduced a new process to enable verification of identity to be completed through a video... READ MORE
Property investors

Property investors remain confident despite COVID-19: PIPA
by • 29 May 2020
Almost three-quarters of property investors remain confident in the housing market’s short-term prospects despite the... READ MORE

Cashback offers driving new consumer behaviour
by • 28 May 2020
More borrowers are looking at refinancing to take advantage of short-term gains such as immediate cash flow rather than... READ MORE
Peter White

FBAA warns against volume-based incentives
by • 28 May 2020
The Finance Brokers Association of Australia has urged lenders to cease favouring brokers based on loan volumes before... READ MORE
Sam White

Why COVID-19 broking trends are here to stay
by • 28 May 2020
Loan Market executive chairman Sam White has commended brokers for adopting digital home loan processes quickly during... READ MORE

Lending officer sentenced for giving misleading information
by Annie Kane • 27 May 2020
A former lending officer has been sentenced in court after pleading guilty to five charges of giving misleading... READ MORE

VOI rule changes postponed due to COVID
by • 27 May 2020
ARNECC has advised that it has reassessed its proposed amendments to the VOI regime given the coronavirus pandemic,... READ MORE
approval

Bank automates pre-approval process
by • 27 May 2020
A non-major lender has announced changes to its pre-approval process to address a spike in its turnaround times amid a... READ MORE

Foreign buyers struggle to secure mortgage
by • 27 May 2020
Foreign buyers from all parts of Asia are still finding it difficult to obtain a mortgage from the biggest Australian... READ MORE
Adelaide Bank tightens serviceability policy

Adelaide Bank tightens serviceability policy
by • 27 May 2020
The non-major bank has temporarily revised its serviceability policy in response to heightened credit quality risks... READ MORE

Brokers reveal which lenders are leading the way
by • 26 May 2020
The results are in for the Third-Party Lending Report 2020, revealing which lenders are the best-performing in the... READ MORE
magazine
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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