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Major bank to pay $15m for engaging unlicensed introducers

Major bank to pay $15m for engaging unlicensed introducers

by Annie Kane • 19 Oct 2020
A big four bank has been ordered to pay a civil penalty of $15 million for engaging with unlicensed home loan... READ MORE
Brokers reveal what they want in an aggregator

Brokers reveal what they want in an aggregator

by Annie Kane • 19 Oct 2020
The results of the 2020 Aggregator of Choice survey, run by Momentum Intelligence, are in – revealing the key areas... READ MORE
Broker charged for falsifying ACL statement

Broker charged for falsifying ACL statement

by Malavika Santhebennur • 19 Oct 2020
A NSW mortgage broker has been changed with making a false statement in a credit licence annual compliance certificate... READ MORE
Brokerage signs deal with women’s education platform

Mortgage Choice partners with financial education platform

by Malavika Santhebennur • 19 Oct 2020
Mortgage Choice has announced that it has become a founding partner of a new financial education platform for women,... READ MORE
Further details of the Australian Business Growth Fund revealed

Further details of the Australian Business Growth Fund revealed

by Annie Kane • 16 Oct 2020
The inaugural CEO of the Australian Business Growth Fund has outlined further details of the newly incorporated... READ MORE
Brokers increasingly writing loans with non-majors

Brokers increasingly writing loans with non-majors

by Annie Kane • 16 Oct 2020
The proportion of loans sent to non-major lenders by AFG brokers has risen in recent months, driven by a jump in... READ MORE
Deposit Power posts 44% year-on-year growth

Deposit Power posts 44% year-on-year growth

by Malavika Santhebennur • 16 Oct 2020
The deposit bond provider has attributed a substantial year-on-year growth in revenue to brokers increasingly... READ MORE
Wisr kicks off FY21 with 47% loan growth

Wisr kicks off FY21 with 47% loan growth

by Reporter • 16 Oct 2020
The lender has reported a sharp increase in lending volumes over the first quarter of the 2021 financial year. READ MORE
Hot Property: The biggest property headlines from the week 12-16 October

Hot Property: The biggest property headlines from the week 12-16...

by Reporter • 16 Oct 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 16... READ MORE
Record number of mortgage brokers writing commercial loans

Record number of mortgage brokers writing commercial loans

by Annie Kane • 15 Oct 2020
The number of mortgage brokers writing commercial loans has hit a new high for the second time in a row, with the value... READ MORE
AFG brokers lodged record $18bn in 1Q21

AFG brokers lodged record $18bn in 1Q21

by Annie Kane • 15 Oct 2020
More than $18 billion worth of loans were lodged by AFG brokers in the first quarter of FY21, the aggregator has... READ MORE
PLAN Australia rolls out two white label products

PLAN Australia rolls out two white label products

by Malavika Santhebennur • 15 Oct 2020
The aggregator has followed the footsteps of Choice Aggregation by expanding its white label offering in partnership... READ MORE
How this broker chose his aggregator

How this broker chose his aggregator

by Malavika Santhebennur • 15 Oct 2020
Melbourne-based mortgage broker Bernard Desmond recounts his painstaking process of choosing a new aggregator for his... READ MORE
Mutual bank to move to ‘digital first’ strategy

Mutual bank to move to ‘digital first’ strategy

by Annie Kane • 14 Oct 2020
Teachers Mutual Bank Ltd has revealed that it is moving to a “digital first” strategy and will develop an online... READ MORE
New Broker Academy 2020 launches

New Broker Academy 2020 launches

by Annie Kane • 14 Oct 2020
New and prospective brokers will learn the key strategies and tools they need to succeed at The Adviser’s New Broker... READ MORE
Virgin Money announces aggregator deal

Virgin Money announces aggregator deal

by Malavika Santhebennur • 14 Oct 2020
The lender has formed a new partnership with Vow Financial which will allow the aggregator’s brokers access to its... READ MORE
Quarter of SMEs risk shutdown without support

Quarter of SMEs risk shutdown without support

by Malavika Santhebennur • 14 Oct 2020
A quarter of small businesses that are currently receiving income support would shut down if this support was removed... READ MORE
Lender to pay trail on loans with extended deferrals

Lender to pay trail on loans with extended deferrals

by Annie Kane • 13 Oct 2020
A non-major lender has confirmed that it will continue to pay trail to brokers whose clients require extended loan... READ MORE
Liberty appoints national sales manager

Liberty appoints national sales manager

by Malavika Santhebennur • 13 Oct 2020
The non-bank lender has appointed internally for its newly created role of national sales manager. READ MORE
NSW, Vic get lion’s share of SME scheme: CBA

NSW, Vic get lion’s share of SME scheme: CBA

by Malavika Santhebennur • 13 Oct 2020
Nearly two-thirds of the funding provided under the first phase of the Coronavirus SME Guarantee Scheme by the major... READ MORE
Commercial brokerage acquires asset finance broker

Commercial brokerage acquires asset finance broker

by Annie Kane • 12 Oct 2020
Commercial finance and insurance brokerage QPF Finance Group has acquired an 80 per cent interest in an asset finance... READ MORE
FHLDS New Home Guarantee details released

FHLDS New Home Guarantee details released

by Annie Kane • 12 Oct 2020
Further details regarding the new 10,000 places released under the First Home Loan Deposit New Home Guarantee scheme... READ MORE
Former BDM banned for falsifying loan documents

Former BDM banned for falsifying loan documents

by Malavika Santhebennur • 12 Oct 2020
A former St.George Bank BDM has been banned from engaging in credit activity and providing financial services for five... READ MORE
ActivePipe integrated into Podium in new partnership

ActivePipe integrated into Podium in new partnership

by Malavika Santhebennur • 12 Oct 2020
Three aggregators have partnered with marketing automation platform ActivePipe to provide their 4,000 brokers with... READ MORE
Call for states to harmonise e-signing laws

Call for states to harmonise e-signing laws

by Annie Kane • 9 Oct 2020
Federal and state governments are being called on to not only make permanent the ability for mortgages to be signed... READ MORE