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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
Major brokerage appoints new Queensland director
by Malavika Santhebennur • 11 Feb 2020
A former state relationship manager at the Commonwealth Bank of Australia has joined Loan Market as state director... READ MORE
Banks relax valuation policies
by Malavika Santhebennur • 11 Feb 2020
Major bank ANZ and non-major bank Gateway have loosened their credit and valuation policies.
READ MORE
Associations call for further guidance on BID
by Annie Kane • 10 Feb 2020
Association heads have welcomed the passage of the best interests duty through Parliament but outlined that further... READ MORE
Aggregators welcome passage of BID
by Annie Kane • 10 Feb 2020
Several aggregator heads have marked the passage of the Financial Sector Reform (Hayne Royal Commission Response –... READ MORE
Mortgage Choice partners with Pepper on new white label
by Hannah Dowling • 10 Feb 2020
The major brokerage has announced the launch of a specialist lending white label product suite, created in partnership... READ MORE
Loanbid eyes expansion amid platform growth
by Hannah Dowling • 10 Feb 2020
The online home loan-bidding platform is expected to announce its intention to expand its offering into business loans,... READ MORE
Smartline to become face of REA broker business
by Annie Kane • 7 Feb 2020
Realestate.com.au Home Loans will no longer represent REA Group’s broking business, with a rebranded Smartline... READ MORE
New lending service rolled out for brokers
by Charbel Kadib • 7 Feb 2020
A fintech lender has launched a new home-lending service aimed at simplifying the underwriting process for... READ MORE
Lender pulls investment product
by Charbel Kadib • 7 Feb 2020
A non-major has announced the withdrawal of an investment product due to “low demand” from customers.
READ MORE
Australian Invoice Finance appoints new state BDM
by Malavika Santhebennur • 7 Feb 2020
The cash flow finance provider has appointed a Queensland BDM to boost sales in the state.
READ MORE
Best Interests Duty Bill formally passed
by Annie Kane and Charbel Kadib • 6 Feb 2020
The bill containing the best interests duty for mortgage brokers has officially passed both houses, after being read... READ MORE
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