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Breaking News

Prospa confirms IPO, expects to list next month
by Annie Kane • 16 May 2019
Online SME lender Prospa has officially announced its initial public offering and said it expects to list on the ASX...READ MORE

Leading brokers urge peers to take action
by • 16 May 2019
ALIC’s Mark Davis and 1st Street’s Jeremy Fisher are among the leading brokers urging the industry to “fight for... READ MORE

Flurry of fixed rate cuts continues
by • 16 May 2019

Three banks have joined the fixed rate cutting trend as wholesale funding cost pressures ease.

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Bank of Queensland

BOQ launches digital platform to improve turnaround times

by • 16 May 2019
The regional bank has expanded its service offering for mortgage brokers in a bid to improve turnaround times and... READ MORE

All brokers should ‘look into’ wealth advice, suggests broker
by • 16 May 2019
A leading Queensland-based broker has become a licensed wealth adviser and launched a financial planning service to his... READ MORE

Major bank broker flows diverge
by • 15 May 2019
The major banks have reported mixed results regarding the share of home loans originated through the broker... READ MORE
Cameron Poolman

Brokers urged to help SMEs face election headwinds
by • 15 May 2019
SME lenders are calling on brokers to help small businesses access finance to help them grow their business through... READ MORE

Most consumers ‘overestimate’ their financial knowledge
by • 15 May 2019
Only 4 per cent of consumers are “justifiably confident” in their financial literacy, with the majority failing to... READ MORE

Former CBA area manager joins major brokerage
by • 15 May 2019
Aussie Home Loans has announced the appointment of a new state manager to head its network of retail stores and brokers... READ MORE

Broker share hits record high for December quarter

by • 14 May 2019
The share of home loans originated by the broker channel has hit new heights for the December quarter, according to new... READ MORE
Peter White

Mixed response to new First Home Loan Deposit Scheme
by • 14 May 2019
There have been mixed responses to the new First Home Loan Deposit Scheme, which has been backed by both Liberal and... READ MORE
Citibank

Citi tightens home lending policy

by • 14 May 2019
The non-major has made changes to its mortgage lending policy in response to “changing dynamics” in the housing... READ MORE

Mortgage growth slips back into negative territory

by • 14 May 2019
A “lower than expected” fall in home loan approvals has been reported by the ABS for the month of March, signalling... READ MORE
ANZ

Major bank cuts rates by up to 60bps
by • 13 May 2019
A big four bank and a non-major lender have announced variable and fixed mortgage rate reductions across both their... READ MORE
Michael Trencher

Former bank broker head joins fintech
by • 13 May 2019
The former head of broker distribution at Heritage Bank, Michael Trencher, has joined Trycall’s board of... READ MORE
REA Group

REA reports revenue boost despite housing headwinds
by • 13 May 2019
The multinational property services giant has posted a 13 per cent increase in revenue despite continued weakness in... READ MORE
Adelaide Bank

Non-major bank updates serviceability requirements
by • 13 May 2019
A non-major bank has made changes to its minimum serviceability ratio and updated its commercial debt serviceability... READ MORE

Trail won’t change ‘unless there is a serious problem’: Seselja
by • 10 May 2019
The Assistant Minister for Treasury and Finance has said that broker remuneration will be reviewed in three years’... READ MORE
Heritage Bank

Bank suspends loan pre-approvals
by • 10 May 2019

A non-major lender has announced that it has suspended pre-approvals for loan applications indefinitely.

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Platform Finance adds non-bank lender to panel
by • 10 May 2019

Non-bank lender Classic Funding has been added to two lending panels.

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Treasurer backs brokers and calls for action
by Annie Kane • 9 May 2019
Ahead of the federal election, the Treasurer and Assistant Minister for Treasury and Finance have reaffirmed the... READ MORE

Brokers battle for the seat of Burt
by • 9 May 2019
Two mortgage brokers are running for the parliamentary seat of Burt in WA, with broker remuneration and the local... READ MORE
British Isles

UK to require brokers to take account of price

by • 9 May 2019
The UK’s financial regulator is looking to overhaul its mortgage sales requirements so that brokers will need to... READ MORE
HomeStart Finance

Lender drops rates by up to 30bps
by • 9 May 2019
A South Australia-based lender has continued the trend of fixed mortgage rate reductions that have been spurred by... READ MORE

Customers will ‘appreciate’ brokers more post-royal commission
by • 9 May 2019
A positive outcome from the banking royal commission will be that customers will increasingly turn to, and have a... READ MORE
ME Bank

ME Bank joins major brokerage panel
by • 8 May 2019
ME Bank has announced that it has partnered with a major brokerage brand and will hire three new business development... READ MORE
Siobhan Hayden

New no-deposit home loan offering launched
by • 8 May 2019
Mortgage marketplace HashChing has re-introduced a deposit-free home loan product to support the entry of first home... READ MORE
Sam Boer

Smartline adds SME lender to panel
by • 8 May 2019
Smartline Mortgage Advisers has brought SME lender Prospa onto its lender panel to provide Smartline brokers with... READ MORE
RBA

RBA reveals cash rate

by Charbel Kadib • 7 May 2019

The central bank has announced its cash rate decision following its monthly monetary policy board meeting.   

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Personal lender appoints new head of broker
by • 7 May 2019
Liberty-owned personal lender MoneyPlace has appointed Alf Vasta as its new head of broker as the lender looks to make... READ MORE
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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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