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The Treasury

Final call: Best interests duty submissions due today
by Charbel Kadib • 4 Oct 2019
Today is the last day in which broking industry stakeholders can lodge submissions to Treasury regarding the federal...READ MORE
Variable mortgage rate cuts continue

Variable mortgage rate cuts continue

by Charbel Kadib • 4 Oct 2019
Non-major lenders have repriced their mortgage products following the Reserve Bank’s latest cut to the cash... READ MORE

RateSetter joins PLAN’s lender panel
by Reporter • 4 Oct 2019
The peer-to-peer lender has announced that it has joined PLAN Australia’s panel of lenders in a bid to boost its... READ MORE
Ben Braysich

Stone Real Estate’s mortgage brokerage hires MD
by Malavika Santhebennur • 4 Oct 2019

A real estate agency’s mortgage broking arm has appointed a former banker as its new managing director.

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Josh Frydenberg

Treasurer blasts big 4 for failing to pass on full cut

by Charbel Kadib • 3 Oct 2019
The banks have “a lot of explaining to do”, Treasurer Josh Frydenberg has said, after all four major banks failed... READ MORE
Low rates fail to lure new home buyers

Low rates fail to lure new home buyers
by Malavika Santhebennur • 3 Oct 2019
Record-low interest rates are not doing anything to persuade Australians to enter the property market, but refinancing... READ MORE
Kym Dalton

AMM reshuffles leadership team
by Reporter • 3 Oct 2019

The mortgage management firm has announced changes to its organisational structure. 

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Anna Bligh

ABA pushes ahead with SME advocacy campaign
by Malavika Santhebennur • 3 Oct 2019

The banking association has continued its work in promoting finance opportunities for small businesses. 

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Mortgage rates drop in response to RBA move
by Charbel Kadib • 2 Oct 2019
Lenders have begun to slash their home loan rates in response to the Reserve Bank’s latest cut to the cash... READ MORE
Broking industry reacts to record low cash rate

Broking industry reacts to record low cash rate

by Charbel Kadib • 2 Oct 2019
The broking industry has reacted to the Reserve Bank’s latest cut to the official cash rate, with stakeholders... READ MORE
Sinead Taylor

Bank MD steps down, replacement appointed

by Malavika Santhebennur • 1 Oct 2019

A non-major bank has appointed a new managing director after its current head announced his resignation. 

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RBA drops cash rate to new low

by Charbel Kadib • 1 Oct 2019

The central bank has cut the official cash rate for the third time in five months.  

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Home lending activity slows but set to soar
by Charbel Kadib • 1 Oct 2019
Housing growth has “reached its low”, with the interest rate environment and recent regulatory... READ MORE

Mortgage rates to crack 2.5%
by Malavika Santhebennur • 1 Oct 2019
Mortgage rates are set to hit new lows with the RBA expected to cut rates for the third time in a matter of... READ MORE
Melbourne

AFL final puts brakes on Melbourne auctions
by Malavika Santhebennur • 1 Oct 2019
Auction activity slowed across Melbourne as AFL grand final fever gripped the city but it was the busiest week for... READ MORE

Major bank revises broker remuneration policy
by Charbel Kadib • 30 Sep 2019

A big four bank has announced changes to the way it pays upfront commissions to mortgage brokers.  

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Janelle Pearce

Westpac launches major new broker education platform
by Annie Kane • 30 Sep 2019
Westpac Group has launched a major new online learning and business knowledge platform for finance brokers, thought to... READ MORE
Peter White

ABA slammed for appointing CBA CEO to chair
by Malavika Santhebennur • 30 Sep 2019
Head of the FBAA Peter White has questioned the banking association’s decision to appoint CBA CEO Matt Comyn as... READ MORE
Stephen Doyle

AFG state manager joins Loan Market
by Reporter • 30 Sep 2019

Loan Market has announced that AFG’s NSW state manager has joined its ranks as director of growth.

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ACCC

ACCC calls for stronger protections in banking code

by Sarah Simpkins • 30 Sep 2019
The Australian Competition and Consumers Commission has criticised the proposed changes to the Banking Code of... READ MORE

New vulnerability training rolled out to brokers
by Annie Kane • 27 Sep 2019
A new training module that aims to help brokers identify customers experiencing financial abuse or other areas of... READ MORE
James Symond

Aussie backs Treasurer in fight for sober lending
by Charbel Kadib • 27 Sep 2019
The broking franchise group has joined Treasurer Josh Frydenberg in calling for a loosening in the purse strings of... READ MORE

Brokers urged to educate accountants on SME lending
by Annie Kane • 27 Sep 2019
A leading finance broker has said that it is incumbent on brokers to educate accountants on the range of SME finance... READ MORE

Wealth business buys majority stake in fintech lender
by Malavika Santhebannur • 27 Sep 2019
Global wealth manager Skybound Capital has invested $20 million in WA personal lender Fair Go Finance after buying a... READ MORE

‘Massive opportunity’ for brokers in SME lending
by Hannah Dowling • 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 Hannah Dowling • 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 Charbel Kadib • 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 Hannah Dowling • 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 Reporter • 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
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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