Mortgage and Finance Brokers Breaking News - The Adviser

Diversity can help protect against economic shocks

by Malavika Santhebennur • 19 May 2020

In a new diversity podcast series, economist Stephen Koukoulas has outlined the importance of economic, as well as... READ MORE

AFG remodels L&D program

by Reporter • 19 May 2020

The aggregator has redesigned its training and development program in a bid to meet the changing needs of its broker... READ MORE

FBAA issues warning over fixed-rate ‘trap’

by Reporter • 18 May 2020

Borrowers are at risk of being lured into fixed-rate products that undermine their long-term interests, FBAA managing... READ MORE

Lend expands partner panel

by Annie Kane • 18 May 2020

Small-business lending platform Lend has expanded its panel of partners, as the fintech looks to help brokers service... READ MORE

PwC audits Loan Market ahead of BID

by Hannah Dowling • 18 May 2020

The major brokerage has announced that it engaged a third-party company, PwC, to complete an audit of its systems and... READ MORE

Brokers reveal remote-working strategies

by Reporter • 18 May 2020

Brokers have outlined the tools and strategies they’ve embedded in their businesses in response to social distancing... READ MORE

Lendi CEO ‘disappointed’ by BID delay

by Annie Kane • 15 May 2020

The CEO of online broking platform Lendi has said that he is “disappointed” at the delay of the implementation... READ MORE

AFG completes institutional piece of equity raise

by Malavika Santhebennur • 15 May 2020

The aggregator has raised over $46 million across the placement and the institutional component of the entitlement... READ MORE

Advantedge to cease lending to ‘non-core segments’

by Charbel Kadib • 15 May 2020

The wholesale funder has overhauled its offering in a bid to “simplify” its product and service proposition. READ MORE

‘Serious’ challenges ahead for housing demand: CoreLogic

by Malavika Santhebennur • 15 May 2020

While restrictions have eased around auctions and inspections, it would take time for housing market demand to... READ MORE

ScotPac and CML merger off the table

by Annie Kane • 14 May 2020

Scottish Pacific will pay $1 million in costs to debtor finance specialist CML Group after the two parties agreed to... READ MORE

AFG announces $60m equity raise

by Malavika Santhebennur • 14 May 2020

The aggregator is raising $60 million to boost its capital position in the current economic environment. READ MORE

CBA received 144,000 mortgage deferral requests

by Annie Kane • 14 May 2020

The major bank has received repayment deferral requests on more than 144,000 home loans, 71,000 business loans... READ MORE

Supply/demand imbalance stabilising property market

by Malavika Santhebennur • 14 May 2020

The chief economist at REA Group has observed that the property market has remained largely stable despite the... READ MORE

AFG-Connective merger decision expected next month

by Annie Kane • 13 May 2020

The ACCC has set the date for its decision on the merger of aggregation groups Connective and AFG. READ MORE

LoanDolphin merges with Joust

by Annie Kane • 13 May 2020

Brokers and lenders will be able to bid on more loans being put up for reverse auction after LoanDolphin and Joust... READ MORE

Aussie eyes expansion, launches recruitment campaign

by Hannah Dowling • 13 May 2020

Aussie Home Loans has officially launched its campaign to expand its franchise network and recruit 200 new mortgage... READ MORE

SMEs missing out on government concessions

by Hannah Dowling • 13 May 2020

Approximately three-quarters of small businesses are overlooking the government’s $150,000 asset write-off scheme,... READ MORE

Industry awaits ‘missing piece’ of BID puzzle

by Charbel Kadib • 12 May 2020

Aggregators have welcomed ASIC’s decision to defer implementation of the best interests duty, which was at risk of... READ MORE

ME Bank to appear in ‘urgent’ parliamentary hearing

by Annie Kane • 12 May 2020

The standing committee on economics is holding an “urgent public hearing” this week to question ME Bank about its... READ MORE

BOQ tightens home lending policy

by Malavika Santhebennur • 12 May 2020

The non-major bank has amended its home loan policy to reflect the financial impacts of COVID-19 on customers. READ MORE

COBA releases FHLDS figures

by reporter • 12 May 2020

More than 1,000 First Home Loan Deposit Scheme borrowers have purchased a property with a loan from customer-owned... READ MORE

Australian Broking Awards 2020 launches

by Annie Kane • 11 May 2020

The 10th annual Australian Broking Awards has officially opened for submissions, with winners to be announced at our... READ MORE

Big 4 out of favour with the public

by Hannah Dowling • 11 May 2020

Australia’s four major banks are trailing smaller lenders in the eyes of Australians, according to a new survey... READ MORE