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CBA

CEO of CBA spin-off to step down
by Charbel Kadib • 13 Nov 2019
CBA has announced that the chief executive of NewCo, its spin-off established to demerge the bank’s wealth and...READ MORE

Non-banks doubled commercial settlements in FY19
by • 13 Nov 2019
Non-bank lenders settled 112 per cent more broker-introduced commercial loans in FY19 than they did the year before as... READ MORE
Genworth Mortgage Insurance

Genworth revises serviceability calculator
by • 13 Nov 2019
The mortgage insurer has updated its serviceability calculator to reflect a lower interest rate... READ MORE
Peter White

FBAA calls for credit policy overhaul
by • 13 Nov 2019
The industry association has called on lenders to revise their lending practices, which threaten to undermine efforts... READ MORE
Pickle Money and Pepper Money

Pickle Money in trademark dispute with Pepper
by • 13 Nov 2019
Multinational non-bank lender Pepper has accused the new entrant of breaching its trademark, less than two months after... READ MORE
86 400

Neobank launches home loan offerings
by • 12 Nov 2019
Newly licensed neobank 86 400 has officially entered the mortgage market, launching a suite of home loan products... READ MORE

ASIC sheds light on upcoming RG 209 guidance
by • 12 Nov 2019
Updated guidance and examples of responsible lending for RG 209 will be released by ASIC “before the end of the... READ MORE

Mortgage Choice appoints chief advice officer
by • 12 Nov 2019
The broking franchise group has made an appointment to its financial planning division, taking over the wealth side of... READ MORE

Lender launches new broker portal
by • 12 Nov 2019
La Trobe Financial has released a new broker portal that aims to “give more control to brokers”, minimise errors... READ MORE
Banned

ASIC bans WA broker - Nov 2019
by • 11 Nov 2019
The corporate regulator has banned a Western Australia-based broker and cancelled the ACL of his brokerage after... READ MORE
AFG

AFG prices $500m RMBS
by • 11 Nov 2019

The aggregator has successfully priced its second RMBS in 2019.

READ MORE
AFCA

AFCA bolsters leadership team
by • 11 Nov 2019
AFCA has created a new leadership position in order to tackle systemic issues within the financial... READ MORE

ASIC to release guidance around best interests duty
by • 8 Nov 2019
A senior manager at ASIC has confirmed that the regulator will launch a public consultation on its draft guidance... READ MORE
AFCA

AFCA reveals broker share of customer complaints
by • 8 Nov 2019
AFCA’s new online comparison tool has revealed that brokers make up only a small pool of total complaints filed over... READ MORE
NAB

Broker volume softens hit to NAB’s mortgage book

by • 8 Nov 2019
A $4.1-billion increase in the value of NAB’s on-balance sheet loans originated by the third-party channel has helped... READ MORE

Finsure reports volume spike, launches new CRM
by • 8 Nov 2019
The mortgage aggregator has kicked off the 2020 financial year with record settlement growth and the launch of a new... READ MORE

SME lender acquired by CML Group
by • 7 Nov 2019
Non-bank debtor finance specialist CML Group has officially completed its acquisition of asset and working capital... READ MORE
Documents

Lender withdraws mortgage pre-approval process
by • 7 Nov 2019

A non-major bank has announced that it will no longer accept pre-approval applications from mortgage customers.

READ MORE
Westpac

Major bank revises HEM calculator for investors

by • 7 Nov 2019
The major bank has changed the way in which it determines HEM bands for customers, in a move which it has claimed... READ MORE
Bank of Queensland

BOQ expands third-party team
by • 7 Nov 2019
The non-major bank has welcomed two new additions to its broker support team this... READ MORE
Suncorp

Suncorp lowers fixed rates
by • 7 Nov 2019
The non-major has lowered fixed rates by up to 40 basis points for residential lending, effective 8... READ MORE
Campbell Smyth

Bluestone replaces suite, breaks into prime
by • 6 Nov 2019
The non-bank lender has replaced its entire product suite with four products and announced its official move into prime... READ MORE
Auswide Bank

Auswide suspends mortgage pre-approvals
by • 6 Nov 2019

The non-major has ceased accepting pre-approval applications until further notice.

READ MORE
Loan Market

Loan market expands lender panel
by • 6 Nov 2019
The major brokerage has introduced a new lender to its panel, partnering with a non-major lender to bring its total... READ MORE

Cup-day cash rate revealed
by Charbel Kadib • 5 Nov 2019

The Reserve Bank has announced its cash rate decision for the month of November.

READ MORE
Andrew Hadley and Michael Ribbens

Bank merger officially comes into effect
by • 5 Nov 2019
Two member-owned institutions have officially merged after receiving regulatory approval, creating one of the largest... READ MORE
Westpac

‘Clunky’ HEM tool slashed broker volumes: Westpac
by • 5 Nov 2019
The major bank has conceded that the introduction of an unpopular expense verification tool contributed to a sharp... READ MORE

Consultation opens for new Business Growth Fund
by • 5 Nov 2019
The federal government has launched a consultation on the draft legislation for the new Australian Business Growth... READ MORE
AFCA

AFCA appoints COO
by • 5 Nov 2019
The complaints body has announced the appointment of its new chief operating officer, effective 2... READ MORE
NAB CBA ANZ Westpac

CBA stands firm as peers slip in mortgage market

by • 4 Nov 2019
Three of the big four banks have reported contractions in their mortgage books over the September quarter, according to... READ MORE
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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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