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Borrower risks flagged amid refinancing rush
by • 24 Apr 2020
Brokers have been encouraged to warn clients about the long-term consequences of loan switching reductions amid a sharp...READ MORE

PM calls on banks to address finance lags
by • 23 Apr 2020
The Prime Minister has called on banks to “step up to the mark” and reduce the lags in processing and offering... READ MORE

Broker workloads increasing during COVID-19 pandemic
by • 23 Apr 2020
More than a third of brokers have seen their workload increase due to the coronavirus pandemic, but two-fifths have... READ MORE
Alexandra Kruger

SFG expands leadership team
by • 23 Apr 2020
The aggregation group has announced the introduction of a newly created senior management role focused on technology... READ MORE

FBAA partners with money transfer firm
by • 23 Apr 2020
The industry association has formed a new partnership with an international money transfer platform, aimed at providing... READ MORE
Gordon MacVicar

How this broker is educating clients during COVID-19
by • 23 Apr 2020
A Queensland-based broker explains how he and his team have been using social media to educate his clients about... READ MORE
Adam Brown

Advantedge appoints new GM
by • 22 Apr 2020
NAB-owned wholesale funder Advantedge Financial Services has announced the appointment of a new general manager,... READ MORE
survey

COVID-19 rocks broker sentiment: survey
by • 22 Apr 2020
The COVID-19 pandemic has had a major impact on mortgage brokers and their businesses, with many demanding more... READ MORE

NAB introduces mandatory VOI changes
by • 22 Apr 2020
The major bank has announced new, compulsory measures for brokers to meet identity verification requirements during the... READ MORE
Westpac

Westpac amends loan approval process
by • 22 Apr 2020
The major bank has introduced a number of changes to its home loan settlement process, which includes the introduction... READ MORE
NAB

NAB clamps down on serviceability
by • 21 Apr 2020
The major bank has introduced new requirements for serviceability assessments in lieu of the current virus-induced... READ MORE
Kate Carnell AO

ASBFEO calls for new supply chain finance legislation
by • 21 Apr 2020
The small business ombudsman’s final report from the supply chain finance review has been released, calling on the... READ MORE

Bankwest updates credit policy, process and valuations
by • 21 Apr 2020
Brokers will need to submit a new COVID-19 form for all new mortgage applications and applications in progress, as part... READ MORE
Loan Market

Loan Market signs JV with utility services firm
by • 21 Apr 2020

The major brokerage has embarked on a joint venture with utility connection company, Compare & Connect.

READ MORE

CBA to move to minimum repayments next week
by • 20 Apr 2020
The big four bank will automatically move mortgage customers to minimum P&I repayments next week to provide... READ MORE
Westpac

Westpac gains broker business despite processing lags
by • 20 Apr 2020
The major bank and its subsidiaries have outpaced competitors in the broker channel despite higher than average... READ MORE
Teachers Mutual Bank

Bank expands membership criteria

by • 20 Apr 2020
A mutual bank has revised its constitution to broaden its membership criteria and allow a larger pool of borrowers to... READ MORE

Heritage launches new SME product
by • 20 Apr 2020
The non-major has revealed a new product following its inclusion in the government’s Coronavirus SME Guarantee... READ MORE
loan sizes bounce nationwide

Broker-originated loan sizes bounce nationwide
by • 17 Apr 2020
The average size of broker-originated loans increased across every state and territory in the March quarter, in line... READ MORE

FAST joins BID preparation calls
by • 17 Apr 2020
FAST has joined the call for brokers to start preparing for the introduction of the best interests duty, ahead of its... READ MORE

Asset finance surging amid COVID-19
by • 17 Apr 2020
Personal and asset finance platform Nodifi has revealed that demand for asset finance from some business industries has... READ MORE
online scam

Brokers alerted to online scams
by • 17 Apr 2020
Brokers are being urged to be wary of scam emails claiming to be from regulators or lenders during the COVID-19... READ MORE

Top tips for staying across your legal obligations
by • 16 Apr 2020
The heads of a lender, aggregator and brokerage have shared their top three tips for brokers looking to stay across... READ MORE

Court backs ASIC’s ban on short-term lending model
by • 16 Apr 2020
The Federal Court has dismissed an appeal made by a short-term lender to overturn ASIC’s product intervention order... READ MORE
ING

ING imposes new lending restrictions
by • 16 Apr 2020
The non-major has announced a number of changes to its credit policy, which includes the exclusion of casual and... READ MORE
Christopher Borg

Broker flooded with COVID-19 support queries
by • 16 Apr 2020
Borg Financial’s Christopher Borg spoke about how his clients are in a state of panic over their financial future in... READ MORE

Non-banks appointed to SME guarantee scheme
by • 15 Apr 2020
Several non-bank lenders have been announced as official participants of the government’s SME guarantee scheme,... READ MORE

CIF welcomes new co-chairs
by • 15 Apr 2020
The Combined Industry Forum has announced who will replace Anthony Waldron and Mark Haron as leaders of the group... READ MORE

FBAA releases broker support package
by • 15 Apr 2020
The broker association has said it will freeze membership fee reviews and allow members to pay fees in instalments, as... READ MORE

ASIC loosens advice licensing requirements amid COVID-19
by Jotham Lian • 15 Apr 2020
Accountants without a financial services licence will now be able to provide advice to clients on accessing... 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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