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Prospa

Brokers urged to help SMEs prepare for Christmas pinch
by • 4 Nov 2019
Two-thirds of small business owners feel stressed during the holiday period, largely due to cash flow problems, which...READ MORE
AFCA

AFCA awards $185m in compensation
by • 4 Nov 2019
The complaints body has awarded $185 million in compensation to consumers in its first 12 months of operation, with... READ MORE
NAB

NAB announces home loan fee waiver
by • 4 Nov 2019
A major bank has issued an update about fee removals and waivers across some of its home loan products for new... READ MORE
Battle for clawback reform

Battle for clawback reform ‘not over yet’
by • 1 Nov 2019
The broking industry is determined to push through changes to clawback arrangements, after successfully negotiating... READ MORE
SME loans platform

Non-bank lender launches SME loans platform
by • 1 Nov 2019

An SME lending platform has launched a tool to help finance brokers better source loans for small businesses.

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Virgin Money

Virgin Money slices fixed rates by up to 20 bps
by • 1 Nov 2019
Another non-major lender has announced mortgage rate reductions, following several others repricing their mortgage... READ MORE
Supply chain

Debate wages over misuse of supply chain financing
by • 1 Nov 2019
In light of ongoing scrutiny over the misuse of supply chain financing to the detriment of small businesses, the... READ MORE

ANZ CEO weighs in on broker rem reforms
by Charbel Kadib • 31 Oct 2019
The chief executive of the big four bank has responded to calls for the standardisation of broker remuneration policies... READ MORE
Green light

Aggregators welcome net of offset reforms, slam critics
by Annie Kane • 31 Oct 2019
Broking industry groups have welcomed the federal government’s decision to extend the net of offset repayment period... READ MORE
Kate Carnell AO

ASBFEO launches review of supply chain finance
by • 31 Oct 2019
The ASBFEO has announced a review of supply chain finance to uncover its impact on SME and family enterprise cash flow... READ MORE
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‘Fast fintechs’ no substitute for bespoke support, say brokers
by • 31 Oct 2019
New research into broker sentiment towards “fast fintech” lenders has shown that brokers believe new online players... READ MORE
Peter White and Mike Felton

Net of offset changes to help clean up ‘dog’s breakfast’
by • 30 Oct 2019
Industry associations have welcomed the federal government’s decision to extend the net of offset repayment period... READ MORE
Loan Market

Loan Market welcomes new lender
by • 30 Oct 2019
The broking franchise group has welcomed a specialist lender to its panel, in order to allow its brokers to service... READ MORE

Lender farewells head of sales, appoints CCO
by Charbel Kadib • 29 Oct 2019
 A lender has announced the departure of its head of sales and the appointment of Macquarie’s former co-head of... READ MORE

Government agrees to 365-day net offset payment
by • 29 Oct 2019
The government will move to a 365-day cap when determining the maximum drawdown amount for commissions, instead of the... READ MORE
Prime Minister Scott Morrison

Government sets price caps for FHB scheme

by • 29 Oct 2019
The federal government has released new details regarding the administration of its First Home Loan Deposit... READ MORE
ACCC

ACCC seeks public consultation on AFG, Connective merger
by • 29 Oct 2019
The competition watchdog is reviewing the proposed merger between AFG and Connective, with stakeholders invited to... READ MORE
Auswide Bank

Auswide slashes floor rate
by • 29 Oct 2019
The non-major bank has reduced its floor rate for mortgage serviceability assessments for the second time following... READ MORE
Switch

Borrowers looking for big 4 exit door
by • 29 Oct 2019
New data has shown that 70 per cent of Australians no longer trust the big banks, and one in three is seeking expert... READ MORE
Bernadette Christie-David

Best interests duty won’t be ‘shock to system’
by • 28 Oct 2019
New obligations under the government’s proposed best interests duty won’t come as a surprise to most mortgage... READ MORE
MyState Bank

Broker sentiment on the rise
by • 28 Oct 2019
Sentiment in the mortgage broking industry has continued to improve with time following the February 2019 release of... READ MORE
Finsure

Aggregator signs new partnership agreement
by • 28 Oct 2019
Mortgage aggregator Finsure has entered a new partnership with marketing automation platform ActivePipe, in a bid to... READ MORE
Kapil Virmani

Smartline franchisee joins Bendigo and Adelaide Bank
by • 28 Oct 2019
The principal of a Smartline brokerage based in South Australia has joined the non-major’s mobile direction... READ MORE
Peter White

FBAA sees ‘opportunity’ in calls for accountability
by • 25 Oct 2019
“Smart brokers will embrace” calls for greater accountability and best interests duty obligation, the head of the... READ MORE
Bernadette Christie-David

Net of offset confusion ‘wasting brokers’ time’
by • 25 Oct 2019

A Sydney-based brokerage director has joined calls for a standardised approach to net of offset calculations.

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Fixed rate demand stays soft
by • 25 Oct 2019
Fixed rate demand remains at record-low levels, with borrowers in Western Australia least likely to fix their mortgage... READ MORE

Mike Jefferies to stand down from Resimac board
by • 25 Oct 2019
The mortgage lender has announced that independent non-executive director Mike Jefferies is to step down from the board... READ MORE

Re-accreditation issues impeding aggregator switching
by • 24 Oct 2019
Difficulty in re-accrediting with lenders when switching aggregators has been cited by brokers as one of the biggest... READ MORE

Industry risks disruption if it doesn’t embrace diversity: MFAA
by • 24 Oct 2019
The broking industry needs to embrace diversity and inclusion if it is to avoid the risk of disruption and continue to... READ MORE
AI technology

Complexities putting AI implementation at a ‘standstill’

by • 24 Oct 2019
A new report has flagged risks associated with the implementation of AI technology, which could be inhibiting... READ MORE
magazine
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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