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ME Bank reviewing affected redraw customers
by • 5 May 2020
The non-major bank is to review the personal circumstances of each customer affected by its controversial change to...READ MORE

Banks freeze $6.8bn in loans
by • 5 May 2020
Australia’s banking sector has collectively deferred over half a million loans valued at approximately $6.8 billion,... READ MORE
Peter King

Westpac earnings plunge, mortgage book thins
by • 5 May 2020
A 70 per cent slide in the major bank’s cash earnings has been compounded by a contraction in its residential... READ MORE

New broker commission software launches
by • 5 May 2020
Industry SaaS provider Escientia has released a new software that aims to simplify and streamline mortgage broker... READ MORE
Teachers Mutual Bank

Bank ceases lending for off-the-plan purchases
by • 4 May 2020
A non-major lender has announced that it will no longer issue credit for off-the-plan property purchases and has... READ MORE

Non-bank extends broker channel presence
by • 4 May 2020
Brighten Home Loans has joined the lender panel of Vow Financial, its first aggregator partnership, as the non-bank... READ MORE
Mortgage Choice

Mortgage Choice rebrands wealth business
by • 4 May 2020
The financial services group has officially rebranded its wealth division as part of a broader transformation... READ MORE

The ATO and ASBFEO reveal how JobKeeper affects business
by • 4 May 2020
The Australian Taxation Office, the ASBFEO and Reckon are joining our sister title, My Business, in a free, live and... READ MORE

ANZ ‘cleans up’ turnaround times, volumes surge
by • 1 May 2020
The major bank’s home loan volumes have spiked over the past six weeks despite the slide in housing market... READ MORE

Brokers drove 80% of FHLDS applications for bank
by • 1 May 2020
The vast majority of applications for the First Home Loan Deposit Scheme submitted to a WA-based bank came through... READ MORE

AFCA slammed with complaints as hardship requests soar
by Sarah Kendell • 1 May 2020
The financial services industry ombudsman has received over 450 complaints so far relating to consumer treatment by... READ MORE

Bank to automatically move borrowers to new products
by • 30 Apr 2020
A non-major bank has announced that it will automatically switch customers on legacy mortgages to new products... READ MORE
big four banks

Big 4 unfazed by sharper pricing from non-majors
by • 30 Apr 2020
Lower home loan rates offered by smaller lenders had no bearing on the big four’s pricing decisions, the ACCC has... READ MORE

New online learning centre for brokers launches
by • 30 Apr 2020
The Adviser has launched a brand new e-learning centre, The Knowledge Centre, to help brokers earn CPD points and... READ MORE
Peiran Hu

How this broker manages a 10-person team
by • 30 Apr 2020
Recently crowned SA/NT Broker of the Year and Best Residential Broker at the Better Business Awards 2020, Adelaide... READ MORE
Aussie

Aussie launches stay-at-home ad campaign
by • 30 Apr 2020
The major brokerage has announced a new home advertising campaign and the integration with a mortgage origination... READ MORE

Treasury calls for ‘greater transparency’ in home loans
by • 29 Apr 2020
The federal Treasury has welcomed the release of the ACCC Home Loan Price Inquiry, stating that the findings... READ MORE
Westpac

Westpac tightens screws on LMI, income verification
by • 29 Apr 2020
The major bank has amended its residential lending policy to reflect changes in its economic outlook amid the ongoing... READ MORE

NAB secures $3bn in capital
by • 29 Apr 2020
The major bank has successfully secured $3 billion in capital from domestic and overseas investors in a share placement... READ MORE

JobKeeper claims deadline extended
by • 29 Apr 2020

The claims period for the JobKeeper payment has been extended by the federal government.

READ MORE
NAB

Mortgage slump adds to NAB’s earnings woes
by • 28 Apr 2020
A home lending portfolio contraction has been overshadowed by a 156.8 per cent spike in NAB’s credit impairment costs... READ MORE
Gateway Bank

Gateway partners with cloud software provider
by • 28 Apr 2020
The non-major lender has partnered with a cloud-based software solutions provider to offer brokers a loan origination... READ MORE

Profit stopped banks from passing on full rate cuts: ACCC
by • 27 Apr 2020
Recovering profit is “central” to the major banks’ decisions not to always pass on the full RBA rate cut, the... READ MORE

Firstmac to acquire brokerage
by Charbel Kadib • 27 Apr 2020
The non-bank lender is in the process of acquiring a brokerage in a bid to diversify its lending... READ MORE
S&P Global Ratings

Loan relief to disguise ‘true’ credit impact of COVID-19: S&P
by • 27 Apr 2020
Mortgage relief assistance provided to borrowers in the wake of the COVID-19 pandemic would hide the “true effects”... READ MORE
handshake

Referral relationships key amid COVID-19: Tom Panos
by • 27 Apr 2020
Real estate and mortgage broking sales trainer Tom Panos has shed light on the importance of agents and brokers working... READ MORE
Tzuri Avila

Mortgage Choice executive becomes franchisee
by • 27 Apr 2020
The aggregator has announced that its national franchise recruitment and development manager has stepped down from his... READ MORE
Bankwest

Bankwest digitises verification process
by • 27 Apr 2020
The lender has launched a new digital verification tool for brokers in response to social distancing measures aimed at... READ MORE

Majors to prioritise SME bridging finance needs
by • 24 Apr 2020
The major banks have agreed to set up a special hotline to give priority to businesses looking for bridging finance... READ MORE
Brokers urged to ramp up borrower probes

Brokers urged to ramp up borrower probes
by • 24 Apr 2020
A non-bank lender has called on its broker partners to “ask additional questions” to their clients amid 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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