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Banjo expands into broker space
by Annie Kane • 18 Feb 2020
SME fintech Banjo is ramping up its offering to brokers with new products and new aggregator partnerships this year, as... READ MORE

Mutual bank joins SFG panel
by Hannah Dowling • 18 Feb 2020
Specialist Finance Group has announced the addition of MOVE Bank to its lender panel, giving SFG brokers access to the... READ MORE

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
Deloitte

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

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
Jamie Osborn

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
Mark Haron

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
Financial reports

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
CBA CEO Matt Comyn

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

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
Steve Johnston

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
Aggregator appoints Queensland director

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

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