Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

SMEs showing greater resilience to COVID-19
by Reporter • 26 May 2020
Businesses with an annual turnover of less than $200,000 have fared better than their larger peers during the COVID-19... READ MORE

Time Home Loans welcomes new appointment
by Annie Kane • 26 May 2020
Queensland-based brokerage Time Home Loans has appointed broker and former Loan Market state manager Tim Amourous to... READ MORE
Major bank hikes fixed rates

Major bank hikes fixed rates amid turnaround time debacle
by Hannah Dowling • 25 May 2020
A big four bank has announced that it has increased its fixed rates by 10 basis points, “bucking the trend” of... READ MORE

Government overstates JobKeeper uptake
by Reporter • 25 May 2020
A “reporting error” identified by Treasury and the ATO has revealed that the federal government has overestimated... READ MORE
Loan Market sees surge in repricing enquiries

Loan Market sees surge in repricing enquiries
by Malavika Santhebennur • 25 May 2020
While refinancing has been rising recently, Loan Market’s executive chairman has highlighted how brokers have been... READ MORE

Bank adjusts upfront commissions
by Annie Kane • 22 May 2020
A non-major bank has changed its upfront commission structure for mortgage brokers ahead of the pending best interests... READ MORE

ANZ strained by mortgage inflows as turnaround times spike
by Charbel Kadib • 22 May 2020
The major bank’s turnaround times have increased significantly, despite recent efforts to “clean up” its... READ MORE

We need to tackle VOI standardisation: Connective
by Annie Kane • 22 May 2020
Remote verification of identity processes need to be maintained and standardised following the COVID-19 lockdown, the... READ MORE

Bank offers up to $4k cashback to frontline workers
by Hannah Dowling • 22 May 2020
Suncorp Bank has launched a cashback offer on home loan refinances, with up to $4,000 available for COVID-19 frontline... READ MORE

New SME grants launched
by Annie Kane • 21 May 2020
Salesforce has partnered with COSBOA to fund 67 one-off grants of $10,000 to eligible SMEs to help them survive the... READ MORE

Senator calls on banks to extend IO periods
by Annie Kane • 21 May 2020
A Liberal senator for WA has urged lenders to extend interest-only periods for borrowers to help reduce hardship levels... READ MORE

FBAA berates banks on loan discharge delays
by Malavika Santhebennur • 21 May 2020
The FBAA has criticised banks for delaying loan discharges, and has called for standardised documentation around... READ MORE
Kris Menon

How this broker guides clients on property prices
by Malavika Santhebennur • 21 May 2020
Kris Menon, who recently won the NSW Best Customer Service (Individual) award at the Better Business Awards 2020,... READ MORE

Loan Market pushes forward on BID training
by Hannah Dowling • 21 May 2020
The aggregator network has launched a range of digital training programs in order to assist its brokers in preparing... READ MORE

Neobank delays loan rollout due to COVID-19
by Annie Kane • 20 May 2020
Volt Bank is delaying the launch of its loan products to ensure its foray into lending is done “in a very prudent... READ MORE
ME bank ad campaign

ME Bank launches broker-centric ad campaign
by Annie Kane • 20 May 2020
The non-major bank has launched a new advertising campaign that references broker partners, its first such campaign to... READ MORE
Tim Donahoo

Tim Donahoo joins MoneyQuest
by Malavika Santhebennur • 20 May 2020
MoneyQuest has hired Purple Circle’s former compliance and risk manager as the brokerage’s new compliance... READ MORE

Borrowers move to unfreeze loan repayments
by Hannah Dowling • 20 May 2020
Hundreds of mortgagors have chosen to unfreeze their mortgage repayments early, following a six-month repayment pause... READ MORE

Australian Unity sells trail book
by Annie Kane • 19 May 2020
Australian Unity has sold its trail book to Trail Homes in a deal worth nearly $2 million, as the group continues its... READ MORE

Buyers Choice adds SMSF lender to panel
by Malavika Santhebennur • 19 May 2020
Buyers Choice has appointed a new lender to its panel to give its brokers access to its SMSF credit product and home... READ MORE

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

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
Peter White

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
Loan Market

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