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‘Massive opportunity’ for brokers in SME lending
by • 26 Sep 2019
Brokers and other advisers are “losing ground” in the SME advice space, which represents a “massive...READ MORE
Growth

Lender reports 70% growth in broker loans
by • 26 Sep 2019
Online SME lender OnDeck has seen a 70 per cent increase in broker-originated loans in the last year, following an... READ MORE
NAB

NAB revamps business bank, bolsters broker team
by • 26 Sep 2019
The major bank has announced its plans to expand its business and private bank, which includes the strengthening of its... READ MORE

Brokers the ‘priority’ for new lender

by Charbel Kadib • 25 Sep 2019
A new entrant in the lending space is banking on the broker channel as its primary point of distribution for its credit... READ MORE
CBA ME Bank

Big 4 bank cuts rates by up to 90 bps
by • 25 Sep 2019
A major bank has announced mortgage rate reductions of up to 90 bps for both owner-occupiers and... READ MORE
Virgin Money

Virgin Money revises verification requirements
by • 25 Sep 2019
The lender has announced a number of changes to its home lending policy, which include a softening of its expense... READ MORE
Loan Market

Loan Market launches new marketing program
by • 25 Sep 2019

The broking franchise group has unveiled a new marketing automation program.

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SMEs funding growth through non-bank lenders
by • 25 Sep 2019
The proportion of Australian SMEs that plan to fund their business growth via their main bank has halved in the past... READ MORE
Steve James

TMB CEO lauds ‘fantastic’ broker service
by • 24 Sep 2019
The chief executive of the mutual bank has noted the contribution of the broker channel in helping the lender deliver... READ MORE
Climate change

Climate change raising risk for mortgagors
by • 24 Sep 2019
The increased frequency of natural disasters is raising risks for home loans and house prices in Australia, and is... READ MORE
ANZ

ANZ finalises SME business sale in PNG
by • 24 Sep 2019
The major bank has finalised the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina... READ MORE
Westpac

Major bank drops serviceability floor rate
by Annie Kane • 23 Sep 2019
Westpac is dropping its floor rate for home loans next week, which will impact the serviceability assessment rates used... READ MORE
Sam White

Net of offset policies should ‘mirror’ clawback provisions
by • 23 Sep 2019
Loan Market head Sam White has joined the call for a more equitable application of net of offset reforms that better... READ MORE
Ross McEwan

NAB reveals commencement date of new CEO
by • 23 Sep 2019

The major bank has announced the start date for its incoming CEO Ross McEwan.

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Big banks provide 100% CCR data
by • 23 Sep 2019
The big four banks have provided 100 per cent of the required eligible account information ahead of the deadline,... READ MORE

Asset finance lender acquired for $260m
by Annie Kane • 20 Sep 2019
Equipment finance lender Axsesstoday, which had been placed into administration, has been bought by an affiliate of... READ MORE
Stephen Moore

Brokers encouraged to seize data opportunities

by • 20 Sep 2019
Head of Choice Aggregation Stephen Moore has encouraged brokers to capitalise on industry momentum by embracing new... READ MORE

Brokers have their say on serviceability changes
by • 20 Sep 2019
Several leading brokers have suggested that APRA’s recent changes to home loan serviceability guidelines will result... READ MORE

Government urged to invest budget underspend on housing
by • 20 Sep 2019
The government is being urged to invest more in social and affordable housing after Treasury revealed a “return to... READ MORE

Advantedge updates credit policy
by • 20 Sep 2019
The white label funder has announced changes to its home lending policy to ensure that it “continues lending... READ MORE

Aggregator head laments bank response to rem reform

by • 19 Sep 2019
The head of a major aggregator has flagged issues associated with the conflicting methods used by lenders to calculate... READ MORE
ME Bank

ME mortgage book grows 7%, market share increases
by • 19 Sep 2019
The broker channel helped the non-major bank grow its home loan portfolio by 7.3 per cent in the 2019 financial year,... READ MORE
Tim Brown

Big 4 expected to demand clarity from ASIC
by Sarah Simpkins • 19 Sep 2019
Former YBR head Tim Brown has become the latest industry representative to warn that hazy guidelines around responsible... READ MORE

New commercial loans portal launches
by • 19 Sep 2019
A new commercial loans portal, Marketplace.finance, has launched, which enables accredited referrers such as brokers to... READ MORE

Conversion rates increase despite credit crackdown
by • 18 Sep 2019
An increasing number of loans lodged by brokers are progressing to settlement, despite increased scrutiny on mortgage... READ MORE

Identity theft ring responsible for multimillion-dollar fraud
by • 18 Sep 2019
ASIC and the AFP have begun court proceedings against suspected members of an online fraud syndicate that allegedly... READ MORE

How brokers can help support SME clients grow
by • 18 Sep 2019
Helping SME clients secure finance is one aspect of a finance broker’s business, but understanding when and how to... READ MORE

Banks ‘ready and open’ to lend to SMEs
by • 18 Sep 2019
ABA CEO Anna Bligh has urged small-business owners to seek credit, amid new research reporting loan approval rates of... READ MORE

Prime home loan arrears fell in July
by • 17 Sep 2019
Australian prime home loan arrears fell in July in all states except NSW and South Australia, but they remain above... READ MORE
Receipts

Non-majors update expense validation process
by • 17 Sep 2019
BOQ and Heritage have both made updates to their processes for expense validation, effective... READ MORE
magazine
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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