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Breaking News
Bank CEO resigns
by Annie Kane • 14 Jul 2020
The long-serving CEO of a non-major bank is to resign at the end of this month, it has been revealed.
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FHB demand soars, bucks credit trend
by Reporter • 14 Jul 2020
Home loan enquiries from the first home buyer segment have spiked despite record declines in overall lending volumes,...
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Choice welcomes RedZed to panel
by Malavika Santhebennur • 14 Jul 2020
The aggregation group has announced the addition of self-employed specialist lender RedZed Lending Solutions to its...
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Specialist lender joins Connective Asset Finance panel
by reporter • 14 Jul 2020
TrailBlazer Finance has joined the panel of Connective Asset Finance to provide a specialised loan offering to clients...
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Why this broker thinks like a business owner
by Malavika Santhebennur • 14 Jul 2020
Equilibria Finance managing director Anthony Landahl explains how building a business required him to think like a...
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ANZ falls from grace in broker space
by Charbel Kadib • 13 Jul 2020
A considerable decline in the major bank’s favourability among brokers has coincided with a continued blowout in the...
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Business Accelerator Program 2020 launches
by reporter • 13 Jul 2020
Registrations are now open for The Adviser’s third annual Business Accelerator Program, which is taking place this...
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Bank ceases lending to expats
by Reporter • 13 Jul 2020
A non-major lender has announced that it would no longer process home loan applications for Australians living...
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Connective launches broker education series
by Malavika Santhebennur • 13 Jul 2020
Connective has launched an education series for brokers to help vulnerable clients, particularly women, navigate...
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Mortgage approvals take record hit
by Charbel Kadib • 10 Jul 2020
The full impact of the COVID-19 crisis has been reflected in the latest home loan approval data, with sharp falls in...
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Non-bank enhances broker tech functions
by Annie Kane • 10 Jul 2020
La Trobe Financial has appointed a new GM to head up origination channels and rolled out upgrades and enhancements to...
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Half of brokers report decreased revenue
by Annie Kane • 10 Jul 2020
New research shows that more than half of all small businesses have seen revenue decrease during the pandemic, with 51...
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Hot Property: The biggest property headlines from the week 6-10 July...
by Malavika Santhebennur • 10 Jul 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 10...
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Remote client engagement the new normal in broking
by Annie Kane • 9 Jul 2020
Ninety-seven per cent of brokers who have made significant changes to their client offering during lockdown expect to...
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Digital mortgage provider sees growth during COVID-19
by Annie Kane • 9 Jul 2020
Neobank 86 400 has reported rapid growth in its digital mortgage offering during COVID-19, citing an uptick in broker...
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COVID expanding PD opportunities for brokers
by Reporter • 9 Jul 2020
Brokers are increasingly embracing new opportunities for professional development and training that have emerged off...
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Banks to extend loan repayment holidays
by Charbel Kadib • 9 Jul 2020
Borrowers will be “breathing a sigh of relief” after the banking sector announced it would extend loan deferral...
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ANZ, CBA win half of AFG broker lodgements
by Charbel Kadib • 8 Jul 2020
The two major banks processed half of all home loans lodgements originated by brokers over the past quarter, new AFG...
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Stagnant cash rate shouldn’t deter borrowers: Aggregator heads
by reporter • 8 Jul 2020
While the official cash rate remains on hold, aggregator heads are flagging that mortgage-holders should be seeking...
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AFCA broker complaints drop in the ocean
by Malavika Santhebennur • 8 Jul 2020
The number of complaints made to AFCA against all brokers have remained insignificant, despite AFCA receiving...
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RBA stance unchanged despite looming ‘shock’
by Charbel Kadib • 7 Jul 2020
The Reserve Bank’s monetary policy remains unchanged despite growing fears of a “serious shock” to the economy...
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Major bank overhauls guarantor policy
by Charbel Kadib • 7 Jul 2020
A big four bank has broadened the list of acceptable family members and loan purposes under its guarantee policy for...
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Borrowers fail to cash in on lower rates
by Malavika Santhebennur • 7 Jul 2020
More than half of all mortgage-holders believe that the interest rate on their home loans could be lower, but are...
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Nearly a third of Millennials expect to buy property soon
by Annie Kane • 7 Jul 2020
A third of Millennials and a quarter of all Australians expect to buy a property in the next two years, with many...
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YBR appoints new CFO
by Reporter • 7 Jul 2020
The financial services group has announced the appointment of a new chief financial officer.
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