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Teachers Mutual Bank

TMB reprices fixed mortgage offerings
by • 30 Aug 2019

The mutual bank has reduced fixed rates for both owner-occupiers and investors across its brands.

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Anja Pannek, Stephen Moore, Brendan Wright

PLAN, Choice, FAST welcome best interests duty
by • 30 Aug 2019
The aggregators have welcomed the federal government’s draft bests interests duty as part of a broader push to help... READ MORE

ASIC reveals findings of shadow shopping exercise
by Charbel Kadib • 29 Aug 2019
Brokers were “inconsistent” in the ways they presented mortgage options to borrowers and sometimes provided little... READ MORE
Scott McWilliam

Brokers propel non-bank to above-system lending growth
by • 29 Aug 2019
A non-bank has stated that its efforts to strengthen its presence in the third-party space have helped bolster its loan... READ MORE
Ross Le Quesne

Elite broker launches new coaching business
by • 29 Aug 2019
Former Aussie broker Ross Le Quesne has launched a new coaching business to help brokers scale their businesses,... READ MORE

ANZ makes changes to HEM calculation
by • 29 Aug 2019
The major bank has revised the manner in which it calculates the HEM benchmark, following on from changes implemented... READ MORE
Growth

Better Choice mortgage settlements up 50% in FY19
by • 29 Aug 2019
Better Choice Home Loans, part of the BNK Group, has reported that home loan settlements in the 2019 financial year... READ MORE
Peter White and Mike Felton

Industry reacts to proposed broking reforms
by • 28 Aug 2019
Industry associations and broking industry stakeholders have reacted to the federal government’s newly proposed best... READ MORE
AFCA

AFCA seeks greater input in ASIC interventions
by • 28 Aug 2019
The external dispute resolutions scheme has backed the corporate regulator’s new product intervention powers and has... READ MORE
Bank of China

Bank of China revamps lodgement process to boost broker access
by • 28 Aug 2019
The non-major bank has partnered with a lending fintech to bolster its home loan lodgement platform and “grow its... READ MORE

Ban period reduced for NSW mortgage broker
by • 28 Aug 2019
A former NSW mortgage broker has had his ban reduced to half the initial period that was imposed by Australia’s... READ MORE
Auswide Bank

Auswide reports 13% growth in mortgage settlements
by • 27 Aug 2019
Auswide Bank has reported “solid” growth in its home lending portfolio in the “challenging” 2019 financial... READ MORE
Sold sign

Capital city clearance rates near 80%
by • 27 Aug 2019
The upward trend in auction clearance rates has continued, adding weight to claims of a resurgence in demand for house.... READ MORE

ASIC reveals barriers to accessing financial advice

by Adrian Flores • 27 Aug 2019
High cost, distrust of financial advisers and difficulty engaging with the industry are among the barriers preventing... READ MORE

Best interests duty ‘reflects customer expectations’: Treasurer
by Charbel Kadib • 26 Aug 2019
Treasurer Josh Frydenberg has backed the federal government’s newly proposed best interests duty on mortgage brokers,... READ MORE

Broker share continues its rising trajectory
by • 26 Aug 2019
The mortgage broker channel has recorded its highest ever residential home loan market share for the April-June 2019... READ MORE
AFG

AFG volumes down 11% amid ‘unprecedented’ headwinds
by • 26 Aug 2019
The diversified third-party mortgage business has released its full-year results, recording a drop in settlements... READ MORE
ING

ING shakes up pre-approval process
by • 26 Aug 2019
The non-major lender has announced changes to its pre-approval assessment process in response to weaker conversion... READ MORE
HomeStart Finance

HomeStart reduces fixed rates by up to 50 basis points
by • 26 Aug 2019

HomeStart Finance has announced fixed rate reductions on a range of home loans.

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NAB

NAB to ‘carefully assess’ ASIC allegations

by Annie Kane • 23 Aug 2019
The major bank has said that it is taking ASIC’s legal action “seriously” and will now “carefully assess”... READ MORE
Mortgage Choice

Mortgage Choice reports 29% fall in commissions revenue
by • 23 Aug 2019
The broking franchise group has released its full-year results, reporting a $2.1-billion hit to its mortgage... READ MORE

AFG adds new SME lender to panel
by • 23 Aug 2019

Major aggregator AFG has announced the addition of a new small-business lender to its panel.

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Blair Dods

New finance careers hub tipped to attract top broking talent
by • 23 Aug 2019
A new platform created for people seeking a career in mortgage broking has been launched to help channel new talent to... READ MORE

Lender expands loan terms and limit
by • 23 Aug 2019
Non-bank lender Lumi has announced that it has doubled its loan limits and increased its loan terms by six months to... READ MORE

How brokers of the future will harness data
by • 22 Aug 2019
Mortgage brokers that harness their data and succeed at embracing open banking will be more successful and have longer... READ MORE
NAB

NAB bats for brokers in ASIC hearing
by • 22 Aug 2019
The big four bank has highlighted the contribution of the broker channel in fostering loan quality and strengthening... READ MORE
Lendi

Lendi backs move to expand broker powers
by • 22 Aug 2019
The online broking platform has expressed support for a revision to ASIC’s responsible lending guidance that would... READ MORE

Former NAB branch manager pleads guilty to fraud
by Annie Kane • 21 Aug 2019
A former NAB branch manager has pleaded guilty to one count of “intention to defraud by false or misleading... READ MORE
AFCA

Complainants ‘very unclear’ about broker duties: AFCA
by • 21 Aug 2019
AFCA has told ASIC that the role of a mortgage broker is “not very well understood” among consumers who issue... READ MORE

Lack of clarity on loan requirements ‘eating into profitability’
by • 21 Aug 2019
Lack of clarity on loan requirements against the backdrop of increased lender and regulatory scrutiny is “eating into... 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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