Breaking News
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
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
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
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
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
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
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.
READ MOREFixed 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
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
Loan Market unveils new lead generation tool
by • 24 Oct 2019
A personalised lead generation tool is the latest addition to the brokerage’s digital marketing overhaul, built to... READ MORE
REVEALED: What brokers want from their aggregator
by • 23 Oct 2019
The results of the 2019 Aggregator of Choice survey, run by Momentum Intelligence, are in – revealing the top... READ MORE
Westpac launches new serviceability calculator
by • 23 Oct 2019
The major bank has revamped its serviceability calculator in response to broker feedback.
READ MOREBank Australia reports 22% growth in mortgage settlements
by • 23 Oct 2019
The customer-owned bank has seen “strong” year-on-year growth in both its mortgage settlements and overall loan... READ MORE
Better Business Awards 2020 nominations open
by • 23 Oct 2019
Nominations for The Adviser’s state-based awards program, the Better Business Awards 2020, are now officially... READ MORE
Best interests duty will ‘help’ broking industry
by • 22 Oct 2019
The new best interests duty regulation could act as a calling card for the broking industry as it will provide greater... READ MORE
Westpac eases investor lending policy
by • 22 Oct 2019
The major bank has revised its investor lending policy, increasing the maximum LVR for interest-only loans.
READ MOREDiversification drives N1’s revenue growth
by • 22 Oct 2019
The diversified broking and non-bank lending group has released its annual report for the 2019 financial year,... READ MORE
Neo-lender approves first ‘15-minute’ mortgage
by • 22 Oct 2019
Australian Mortgage Marketplace has settled its first mortgage application, providing a broker client with a verified... READ MORE
Majors out of favour with investor, IO borrowers
by • 21 Oct 2019
Investors and borrowers seeking interest-only repayment terms are flocking in droves to Australia’s non-major... READ MORE
REA banks on broker network
by • 21 Oct 2019
The multinational property group is hoping to reverse its fortunes in the financial services market by backing its... READ MORE
Macquarie Bank revises serviceability policy
by • 21 Oct 2019
The non-major bank has announced changes to its serviceability policy in response to record-low interest rates.
READ MOREMortgage protection should be the ‘cornerstone’ of financial...
by • 21 Oct 2019
Last week, at The Adviser’s EU Study Tour, Australian brokers were exposed to a range of international perspectives... READ MORE
Treasury takes net of offset standardisation off the table
by • 18 Oct 2019
The industry will need to self-regulate in order to standardise the calculation of net of offset payments, with... READ MORE
CBA reaping rewards of home lending bounce
by • 18 Oct 2019
The major bank’s CEO, Matt Comyn, told the AGM that there is an “abundance” of housing credit available, as the... READ MORE
TMB reduces fixed and variable rates
by • 18 Oct 2019
The mutual bank has announced reductions of between 10 and 25 basis points across its loan offerings for both... READ MORE
Women urged to take control of their finances
by • 18 Oct 2019
Women need to prioritise budgeting and saving as soon as they join the workforce to avoid financial stress in the... READ MORE
Trail ‘at risk’ in best interests duty bill
by • 17 Oct 2019
Draft regulations in the government’s best interests duty bill could, in practice, prohibit the payment of trail... READ MORE

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