Breaking News
Connective welcomes HEM clarification
by • 16 Dec 2019
The mortgage aggregator has welcomed ASIC’s new guidance regarding the application of expense benchmarks.
READ MOREAndrew Rasby becomes bank CEO
by • 16 Dec 2019
Former YBR GM Andrew Rasby has become the acting CEO of Police Bank following the resignation of former CEO Tony... READ MORE
Non-bank lender partners with IA Group
by • 13 Dec 2019
The non-bank lender has announced that it will take a controlling stake in financial services company International... READ MORE
Call for brokers to help regional businesses
by • 13 Dec 2019
An SME fintech is urging brokers to help regional and rural businesses secure finance as they face “more challenges... READ MORE
Brokers urged to wind down to avoid ‘burnout’
by • 13 Dec 2019
Brokers have been encouraged to take a much-needed break this Christmas amid new research revealing that a third of... READ MORE
Mortgage Choice launches marketing support program
by • 13 Dec 2019
The major brokerage has announced the launch of a new six-month support plan for brokers who purchase an existing... READ MORE
CBA joins FHB scheme lender panel
by Annie Kane • 12 Dec 2019
Twenty-six additional lenders have been appointed to the initial panel of the government’s First Home Loan Deposit... READ MORE
Lenders to determine fate of new RG 209
by • 12 Dec 2019
The effectiveness of ASIC’s new guidance will be contingent on its interpretation by lenders, broking industry... READ MORE
BOQ hires new relationship manager for Qld
by • 12 Dec 2019
The Bank of Queensland has hired former Connective BDM Aaron Hase as its new state relationship manager for its home... READ MORE
ASIC permanently bans broker, charges another
by • 12 Dec 2019
The financial services regulator has banned a former Aussie broker for allegedly providing false documents to banks and... READ MORE
Major bank appoints new head of broker
by Annie Kane • 11 Dec 2019
NAB has appointed a new executive general manager of broker partnerships, replacing Anthony Waldron, effective... READ MORE
Finalists for the Better Business Awards 2020 revealed
by • 11 Dec 2019
The finalists for The Adviser’s state-based Better Business Awards 2020 – partnered by NAB – have been revealed... READ MORE
Refinancers increasingly looking at smaller lenders
by • 11 Dec 2019
New and existing borrowers increasingly favour smaller lenders over the big four, new data from online brokerage Lendi... READ MORE
Wisr appoints CRO to prepare business for ‘industry changes’
by • 11 Dec 2019
The fintech lender has appointed a former Commonwealth Bank executive to its newly created role of chief risk and data... READ MORE
Brokerage group hires data scientist
by • 11 Dec 2019
Loan Market Group has appointed a former Westpac senior analyst to be its first data scientist in anticipation of... READ MORE
BOQ, Virgin Money slash serviceability rates
by • 10 Dec 2019
The non-major and its subsidiary have lowered their interest rate floors for home loan serviceability... READ MORE
White label revenue at risk, warns NAB
by • 10 Dec 2019
Revenue earned by aggregators and mortgage managers on white label home loan products may be deemed “conflicted... READ MORE
ABA welcomes new RG 209 guidance
by • 10 Dec 2019
The Australian Banking Association has welcomed the new guidance on responsible lending, stating that it is an... READ MORE
What the new responsible lending guidance means for brokers
by Annie Kane • 9 Dec 2019
The financial services regulator has released its updated guidance on responsible lending obligations, which includes a... READ MORE
CIF flags risks to commissions on top-up loans
by • 9 Dec 2019
Commissions paid to brokers on top-up loans may be deemed “conflicted remuneration” under the current drafting of... READ MORE
NZ brokers should prepare for best interests duty
by • 9 Dec 2019
Brokers operating in New Zealand need to prepare for the potential introduction of a best interests duty in New... READ MORE
AFG introduces ‘appropriate’ home loan protocol
by • 9 Dec 2019
The mortgage aggregator has introduced a new process for loan applications that requires both brokers and consumer to... READ MORE
New business finance training program launches
by • 9 Dec 2019
A former broker has teamed up with a training specialist to launch a new business finance certification program that... READ MORE
Broker launches online lending marketplace
by • 6 Dec 2019
A former commerical broker has launched a new private property online lending marketplace that enables real estate... READ MORE
AFG appoints WA sales manager
by • 6 Dec 2019
Mortgage aggregator AFG has appointed Anita Lindsay to the role of sales manager for Western Australia.
READ MOREBrokers urged to help ‘stressed’ SMEs
by • 6 Dec 2019
Non-bank SME lender Prospa has again highlighted the opportunity that the holiday season brings for brokers to assist... READ MORE
Lender to pull externally funded loans
by Charbel Kadib • 5 Dec 2019
A lender has announced that it will no longer offer credit products funded by third parties.
READ MOREIndustry united in push for clawback overhaul
by • 5 Dec 2019
The broking industry has doubled down on its push to revise existing clawback arrangements, with one industry... READ MORE
Brokers share their lender experiences in new initiative
by • 5 Dec 2019
A new knowledge-sharing initiative that asks brokers to share the experiences they have with lenders in order to... READ MORE
TMB announces fixed rate changes
by • 5 Dec 2019
The mutual bank has announced reductions of up to 102 basis points on fixed rates for new borrowers, with some products... READ MORE

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