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Breaking News
Household wealth hits new high as property surges
by Annie Kane • 22 Dec 2020
Total household wealth increased to a record high of $11.4 trillion in the September quarter, driven by record growth...
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Are Aussies up for another credit tightening?
by Bianca Dabu • 22 Dec 2020
Housing debt comprises most of the debt held by households, putting home owners at risk as debt levels reach a 30-year...
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Top tips for new brokers from a seasoned broker
by Sarah Buckley • 22 Dec 2020
Leading WA broker Sarah Wells has revealed her top tips for new brokers and has warned them not to let their businesses...
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RateOne announces new CEO
by Annie Kane • 21 Dec 2020
The financial services company has appointed NAB’s former head of broker distribution Vic/Tas as its chief executive...
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New digital deposit bond released
by Malavika Santhebennur • 21 Dec 2020
A deposit bond provider has launched a digital deposit bond to enable property purchasers to have their deposits...
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Two-thirds of support line callers were seeking finance help
by Annie Kane • 21 Dec 2020
The majority of small businesses that called the Financial Counselling Support Line this year needed help accessing...
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PEXA names new COO
by Grace Ormsby • 21 Dec 2020
Property Exchange Australia has revealed a new appointment to its corporate team, “amid the accelerating adoption of...
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Home owner, renter financial stress spikes
by Malavika Santhebennur • 18 Dec 2020
The early effects of the COVID-19 crisis are becoming clearer, with more home owners and renters experiencing financial...
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More Aussies ‘in tears’ during house hunting
by Bianca Dabu • 18 Dec 2020
New research has found that nine out of 10 Australians find the process of house hunting more frustrating than...
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AFG steps up technological innovation
by Sarah Buckley • 18 Dec 2020
AFG has rolled out a new broker fact-find and document collection tool for its brokers.
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Hot Property: The biggest property headlines from the week 14-18...
by reporter • 18 Dec 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 18...
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Bank relinquishes banking licence
by Annie Kane • 17 Dec 2020
A fintech is set to return money to its depositors and relinquish its ADI licence as it moves to “focus on other...
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Business lending slumps, but brokers hopeful
by Malavika Santhebennur • 17 Dec 2020
Commercial and business lending settlements continued to fall in the September quarter amid COVID-19, but many brokers...
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How to target conversations with SMEs post-COVID
by Malavika Santhebennur • 17 Dec 2020
The impact of the COVID-19 crisis has varied for different SME sectors, meaning brokers need to conduct targeted...
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Aussie CEO on the Lendi merger
by Annie Kane • 16 Dec 2020
The CEO of Aussie has outlined further details of the proposed merger with Lendi, after it was announced they are set...
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Brokers’ lodgements continue to rise
by Annie Kane • 16 Dec 2020
The number of loans that brokers write each month hit a new high in November 2020, according to a new broker survey.
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Nominations open for Better Business Awards 2021
by Annie Kane • 16 Dec 2020
Nominations and submissions for The Adviser’s state-based awards program, the Better Business Awards 2021, are now...
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Home buying plans jump in November
by Malavika Santhebennur • 16 Dec 2020
Home buying intentions have strengthened since the official cash rate was reduced in November, while motor vehicle...
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Bank appoints new CEO
by Annie Kane • 15 Dec 2020
ME Bank has today announced the appointment of a new CEO, effective immediately.
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Senate opens inquiry on consumer credit reforms
by Annie Kane • 15 Dec 2020
The Senate is accepting submissions to its inquiry into the repeal of responsible lending and the extension of the best...
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Brokers a saviour for SMEs during pandemic, research finds
by Adrian Flores • 15 Dec 2020
New research has revealed that a majority of SMEs relied more heavily on key advisers, such as brokers, to cope with...
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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...
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Westpac issues ‘our own doing’: chairman
by Malavika Santhebennur • 15 Dec 2020
The Westpac chairman has acknowledged the shortcomings in its risk management and compliance, and said many issues were...
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MFAA, housing sector back consumer credit reforms
by Malavika Santhebennur • 14 Dec 2020
The consumer credit reforms could see borrowers viewed on a risk-based assessment for their loan applications, which...
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Two new ACCC commissioners appointed
by Annie Kane • 14 Dec 2020
Treasurer Josh Frydenberg has announced two new commissioners of the Australian Competition and Consumer Commission,...
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