Breaking News
CoreLogic launches mortgage portfolio analytics tool
by • 11 Apr 2019
The property data and analytics provider has announced the launch of a new tool designed to help lenders identify...READ MORE
Brokers of the future will offer ‘whole home’ experience
by • 10 Apr 2019
The banks and brokers “of the future” will deliver a “whole home” experience for customers, from mortgages to... READ MORE
Bendigo drops variable home loan rates
by • 10 Apr 2019
The non-major lender has reduced owner-occupied home loan rates by up to 20 basis points on two of its mortgage... READ MORE
Two-fifths forgo home ownership to maintain appearances
by • 10 Apr 2019
More than a third of Australians are reportedly choosing to “forgo buying their own home in order to keep up... READ MORE
ASIC releases update on enforcement of financial misconduct
by • 10 Apr 2019
The corporate regulator has published an update of its enforcement work, which include its enforcement of misconduct... READ MORE
Senator ‘yet to be convinced’ of trail utility
by • 9 Apr 2019
Another Senate crossbencher has weighed in on proposed changes to broker remuneration, questioning the validity of... READ MORE
Prospa launches new line of credit facility
by • 9 Apr 2019
Following broker feedback, the small business lender has developed a new line of credit facility for SMEs.
READ MOREMacquarie appoints new head of broker
by Charbel Kadib • 8 Apr 2019
The non-major lender has announced changes to its third-party team, including the appointment of a new head of broker... READ MORE
Crossbencher rebukes proposed trail ban
by • 8 Apr 2019
The broking industry should not be “regulated out of existence”, a former Senate crossbencher has said, adding that... READ MORE
Resimac unveils new broker support team
by • 8 Apr 2019
The non-bank lender has launched a broker support initiative designed to provide the third-party channel with timely... READ MORE
Borrowers imprisoned by tighter credit
by • 8 Apr 2019
Drawing on the experiences of her own clients, an award-winning Sydney-based mortgage broker has noted the struggles... READ MORE
CBA’s NewCo CEO appointed to FSC board
by • 8 Apr 2019
Three new faces have joined the Financial Services Council board, including the CEO of Commonwealth Bank’s... READ MORE
Labor ‘sticks to their guns’ on broker commissions
by • 5 Apr 2019
The CEO of a mortgage neo-lender met with shadow treasurer Chris Bowen this week, suggesting that Labor is “sticking... READ MORE
Bankwest launches valuation tool for brokers
by • 5 Apr 2019
The lender has announced the launch of a new tool designed to simplify the valuation process for brokers and their... READ MORE
ASIC’s new product intervention powers becomes official
by • 5 Apr 2019
A new bill requiring product issuers to ensure products are targeted and offered to the right customers, as well as... READ MORE
Mortgage arrears rate to continue climbing: Moody’s
by • 4 Apr 2019
The home loan delinquency rate has increased year-on-year and is set to continue rising throughout 2019, according to... READ MORE
1 in 2 borrowers facing mortgage hardship
by • 4 Apr 2019
Almost half of borrowers are struggling to meet their home loan repayments, new research from Finder has... READ MORE
Broking industry heads tentatively welcomes Coalition’s budget
by • 4 Apr 2019
Several members of the mortgage broking industry have voiced support of the Coalition government’s budget for 2019-20... READ MORE
ING announces commercial credit policy changes
by • 3 Apr 2019
The non-major lender has announced changes to its commercial credit policy, including a sharp increase to the maximum... READ MORE
Virgin Money partners with aggregator
by • 3 Apr 2019
The non-major lender has announced its partnership with a mortgage aggregator, in a move designed to enhance its... READ MORE
Budget 2019-20 released
by Annie Kane • 2 Apr 2019
The Coalition government has released its budget for 2019-20, which includes an extension and increase in the instant... READ MORE
Pre-budget cash rate decision revealed
by Charbel Kadib • 2 Apr 2019
The RBA has announced its cash rate verdict for April ahead of the release of the federal budget this evening.
READ MOREHousing market plagued by ‘uncertainties’ as downturn continues
by • 2 Apr 2019
The fall in residential property values is “losing steam” but could be reinvigorated by changes in the political... READ MORE
Property slump ‘weighing heavily’ on sentiment
by • 2 Apr 2019
Cost of living pressures have been magnified by the continued fall in dwelling values, with the “wealth effect”... READ MORE
Non-bank updates lending policy
by • 2 Apr 2019
A non-bank lender has announced updates to its serviceability assessment criteria, including changes to requirements... READ MORE
Labor announcement to spark ‘mini surge’ in housing market
by • 1 Apr 2019
The federal Labor opposition has revealed the commencement date for its changes to negative gearing and the capital... READ MORE
Profile: Damian Percy reflects on his legacy
by • 1 Apr 2019
After nearly 20 years with the Bendigo and Adelaide Bank Group, Damian Percy, the former head of strategic... READ MORE
Fixed mortgage rate cuts continue
by • 1 Apr 2019
Macquarie Bank, ME, and HomeStart Finance are the latest lenders to reprice their fixed rate home loan offerings,... READ MORE
ASIC to recover $5.6m from credit intermediaries
by • 1 Apr 2019
Credit intermediaries — such as brokers an aggregators — will need to cover more than $5 million of ASIC’s costs... READ MORE
Aggregator enters joint operation agreement with iSelect
by • 29 Mar 2019
A major aggregator has entered into a joint operation agreement with comparison website iSelect, which aims to benefit... READ MORE

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