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ANZ laments broker retreat, anticipates subdued growth

by Charbel Kadib • 20 Feb 2020
The big four bank is anticipating subdued settlement growth in the coming year, weighed down by weaker volumes via the...READ MORE

Macquarie revises serviceability measures

by Malavika Santhebennur • 20 Feb 2020
The non-major has announced that it is revising its maximum acceptable debt-to-income measure for high loan-to-value... READ MORE

Don’t be everything to everyone, urges broker

by Malavika Santhebennur • 20 Feb 2020
Stapleton Finance founder Gayle Stapleton has suggested that broker focus on a niche rather than trying to be all... READ MORE

More brokers join franchise in wake of BID

by Hannah Dowling • 20 Feb 2020
Several brokerages joined the Loan Market franchise in January, an influx the group has attributed to new... READ MORE

Aussie to undergo major tech overhaul this year

by Annie Kane • 19 Feb 2020
The major brokerage has revealed that it is overhauling its broker and customer-facing tools this year, as it looks to... READ MORE

Brokers lose out to branches in FHB scheme

by Hannah Dowling • 19 Feb 2020
Brokers introduced just under 30 per cent of all loans in the government-backed First Home Loan Deposit Scheme,... READ MORE

Online lender appoints new NSW/ACT BDM

by Malavika Santhebennur • 19 Feb 2020
SME lender OnDeck Australia has appointed former Rugby Sevens captain and broker Nick Reily to the newly created role... READ MORE

Lender to consider ‘lifestyle changes’ in serviceability test

by Reporter • 19 Feb 2020
Demonstrable commitments from prospective borrowers to adjust their spending ahead of a home loan application will be... READ MORE

Brokers beef up Bendigo’s mortgage book

by Charbel Kadib • 18 Feb 2020
The non-major has released its half-year results, reporting above-system home lending growth, mostly driven by the... READ MORE

Banjo expands into broker space

by Annie Kane • 18 Feb 2020
SME fintech Banjo is ramping up its offering to brokers with new products and new aggregator partnerships this year, as... READ MORE

Mutual bank joins SFG panel

by Hannah Dowling • 18 Feb 2020
Specialist Finance Group has announced the addition of MOVE Bank to its lender panel, giving SFG brokers access to the... READ MORE

Heritage lowers fixed rates for investors

by Hannah Dowling • 18 Feb 2020
The non-major bank has announced cuts of up to 30 basis points across investor fixed-rate products, as well as the... READ MORE

Robo-advice, AI flagged as major threats to broker proposition

by Charbel Kadib • 17 Feb 2020
Mortgage industry representatives have named robo-advice and artificial intelligence as emerging threats to the broker... READ MORE

Clawback system ‘needs to change’

by Hannah Dowling • 17 Feb 2020
The clawback system, as solidified in new legislation, is “completely unfair” on brokers says Sydney-based broker... READ MORE

Westpac integrates CCR, updates loan process

by Malavika Santhebennur • 17 Feb 2020
Westpac Group has announced it is updating its consumer credit policy to use comprehensive credit reporting (CCR)... READ MORE

GetCapital announces product relaunch to fill market void

by Hannah Dowling • 17 Feb 2020
Non-bank lender GetCapital has relaunched its business overdraft product, available via the broker distribution... READ MORE

Connective backs merger utility amid ACCC doubts

by Charbel Kadib • 14 Feb 2020
The proposed merger with AFG will deliver “great outcomes” for brokers and their customers, Connective director... READ MORE

Finsure reports record Q2 settlements

by Malavika Santhebennur • 14 Feb 2020
The mortgage aggregator has posted record settlements for the second quarter of the 2020 financial year, and grown its... READ MORE

FHB scheme applicant trends revealed

by Hannah Dowling • 14 Feb 2020
Details of the first applicants taking part in the government’s First Home Loan Deposit Scheme have been revealed by... READ MORE

Leading SA/NT brokers celebrated at the Better Business Awards 2020

by Annie Kane • 14 Feb 2020
Brokers, BDMs and loan administrators from South Australia and the Northern Territory have been honoured at the Better... READ MORE

BID won’t change strategy; Aussie remains in limbo: Comyn

by Charbel Kadib • 13 Feb 2020
The Commonwealth Bank CEO does not expect the passage of the Best Interests Duty Bill to materially alter the bank’s... READ MORE

Mortgage title verification service launches

by Hannah Dowling • 13 Feb 2020
NSW Land Registry Services has launched a new mortgage title verification service, allowing lenders to accurately... READ MORE

Brokers urged to steer SMEs to commercial finance

by Malavika Santhebennur • 13 Feb 2020
Brokers are being urged to have conversations with SME owners about the availability of commercial finance options that... READ MORE

ACCC raises concerns about AFG-Connective merger

by Annie Kane • 12 Feb 2020
The competition watchdog has raised preliminary competition concerns about the proposed merger between Connective and... READ MORE

Revealed! The Top 25 Brokerages 2020

by Annie Kane • 12 Feb 2020
The 25 leading brokerages in Australia have been revealed in The Adviser’s annual ranking, with major brokerage... READ MORE

Capify eyes growth and M&As in 2020

by Annie Kane • 12 Feb 2020
The global CEO of SME lender Capify has revealed that the lender is focusing on growth in 2020, including potential... READ MORE

Suncorp CEO eager to ‘win back support’ from brokers

by Charbel Kadib • 12 Feb 2020
The group CEO of Suncorp has committed to improving the “speed, quality and consistency” of its service to brokers... READ MORE

Loan Market announces foreign currency partnership

by Hannah Dowling • 12 Feb 2020
The franchise brokerage has announced a new partnership, which will provide Loan Market brokers with access to... READ MORE

Timing and application of new misconduct rules questioned

by Annie Kane • 11 Feb 2020
Further concerns have been raised regarding new exposure draft legislation that will bring in new reference check and... READ MORE

ASBFEO calls for 30-day payment terms for SMEs

by Hannah Dowling • 11 Feb 2020
Introducing a mandatory supplier payment code, an industry-wide 30-day payment term and a “consistent small business... READ MORE
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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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