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ASIC levy to cost broking industry over $10m

by Annie Kane • 15 Jun 2020
The cost of regulating credit intermediaries in 2019-20 is estimated to be $10.1 million, according to ASIC, a 53 per... READ MORE

Mortgage Choice axed from All Ords

by Charbel Kadib • 15 Jun 2020
The brokerage is set to be removed from the All Ordinaries index following a review from the ASX.   READ MORE
Women in Finance Awards

Submissions open for 2020 Women in Finance Awards

by reporter • 15 Jun 2020
The Adviser, in partnership with AMP Bank, is proud to announce the launch of this year’s Women in Finance Awards. READ MORE

Associations welcome ASIC BID update

by Annie Kane • 12 Jun 2020
The FBAA and MFAA have both welcomed the news that ASIC will soon publish a new regulatory guide on how to comply with... READ MORE
NAB and Westpac

NAB, Westpac lose broker business

by Charbel Kadib • 12 Jun 2020
A deterioration in the major bank’s assessments processes has coincided with a decline in their share of mortgage... READ MORE

Lockdown triggering more retirement conversations

by Annie Kane • 12 Jun 2020
More brokers are looking to retire or semi-retire after spending more time at home due to the COVID-19 social... READ MORE

AOFM to invest $90m in Prospa warehouse

by Hannah Dowling • 12 Jun 2020
The Australian Office of Financial Management has approved a maximum investment of $90 million into a Prospa Group... READ MORE

Hot Property: The biggest property headlines from the week that was

by Staff Reporter • 12 Jun 2020
The weekly round-up of the biggest news stories from across Momentum Media’s property titles. READ MORE

New BID guidance imminent

by Annie Kane • 11 Jun 2020
ASIC has revealed that it will soon publish its regulatory guide for mortgage brokers on how it will assess compliance... READ MORE

CBA faces class action over credit insurance

by Annie Kane • 11 Jun 2020
A class action has been filed against Commonwealth Bank in relation to allegations that the major bank sold its... READ MORE

Lender lifts fixed mortgage rates

by Reporter • 11 Jun 2020
A non-major lender has announced fixed-rate increases across both its owner-occupied and investment home loans. READ MORE
loan product

New non-resident loan product launched

by Hannah Dowling • 11 Jun 2020
Better Choice Home Loans has announced the launch of a new mortgage product for non-residents wishing to purchase a... READ MORE
Monica Wandel

Why this broker outsources her social media tasks

by Malavika Santhebennur • 11 Jun 2020
SA/NT Finance Broker of the Year, Monica Wandel of SA Finance Hub, explains why she outsources her social media... READ MORE
Aussie Home Loans

Major brokerage sees ‘influx’ of HomeBuilder enquiries

by Hannah Dowling • 10 Jun 2020
Aussie Home Loans has reported an “influx” in enquiries over the last week, following the announcement of the... READ MORE

NSW launches $36m project to tackle homelessness

by Annie Kane • 10 Jun 2020
NSW state government has launched its largest housing response dedicated to rough sleepers, providing $36 million into... READ MORE

Broker market share hit by ‘blowout’ in turnaround times

by Charbel Kadib • 9 Jun 2020
A spike in processing times for mortgage applications has contributed to a decline in the share of broker-originated... READ MORE

Government extends instant asset write-off deadline

by Annie Kane • 9 Jun 2020
The federal Treasurer has extended the $150,000 instant asset write-off scheme by six months to help businesses buy new... READ MORE
ANZ

Deferral customers prematurely resuming repayments: ANZ

by Charbel Kadib • 9 Jun 2020
One in three mortgage deferral customers has opted to recommence paying down their debt ahead of the expiry of their... READ MORE

SMEs most likely to turn to brokers for buying assets

by reporter • 9 Jun 2020
While SMEs look to brokers for help with their finances, research shows that this is particularly the case with buying... READ MORE
AFG

AFG completes equity raise

by Reporter • 9 Jun 2020
The mortgage aggregator has completed the final phase of a $60-million equity raise aimed at strengthening its... READ MORE

Real estate marketplace partners with broker channel

by Hannah Dowling • 9 Jun 2020
Real estate marketplace ListingLoop.com.au has launched a new referral program that will see brokers provide clients... READ MORE
Vinnies Sleepout

Industry CEOs to participate in Vinnies Sleepout

by Annie Kane • 8 Jun 2020
Several CEOs and heads of finance companies operating in the broker channel will be taking part in the Vinnies CEO... READ MORE

Brokers identify market hotspots

by Hannah Dowling • 8 Jun 2020
In the era of COVID-19 and record-low interest rates, Aussie Home Loans brokers have highlighted key localities where... READ MORE
Hannah Carter

SFG appoints new state manager

by Hannah Dowling • 8 Jun 2020
Mortgage aggregator Specialist Finance Group has announced the appointment of Hannah Carter as its new state manager... READ MORE
housing scheme flagged

‘Don’t rush in’: Risks of new housing scheme flagged

by Charbel Kadib • 5 Jun 2020
Broker support is critical for borrowers looking to capitalise on the government’s new housing grants, Aussie Home... READ MORE