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rewards

Lender rewards broker car loan clients

by reporter • 9 Sep 2019
Peer-to-peer lender RateSetter has said it will be offering broker clients a reward for drawing down on their car loan... READ MORE
Aussie and AFG

Aussie, AFG weigh in on clawback debate
by Charbel Kadib • 6 Sep 2019
The aggregators have responded to a renewed push from industry stakeholders to reform clawback arrangements.  READ MORE
Decline

Best interests duty could bite big 4
by Charbel Kadib • 6 Sep 2019
The federal government’s proposed best interests duty could undermine the market power of the major banks, according... READ MORE

Non-major banks cut interest rates
by Annie Kane • 6 Sep 2019
Heritage Bank and ME have both announced that they have cut interest rates on a range of owner-occupied and investor... READ MORE

Feedback sought for SME funding guide
by Hannah Dowling • 6 Sep 2019
The ASBFEO is seeking feedback on the “content and usefulness” of the Business Funding Guide, a free guide launched... READ MORE
Boxing gloves

Aggregator head to fight for clawback reform
by Charbel Kadib • 5 Sep 2019
The head of a major aggregator has said he will lobby for changes to “unfair” clawback arrangements, adding that... READ MORE

Damian Percy joins AFG
by Annie Kane • 5 Sep 2019
Former Adelaide Bank executive Damian Percy is to join Australian Finance Group later this month as its first GM of... READ MORE
Capacity and loan documentation

SMEs unsure of borrowing capacity and loan documentation
by Annie Kane • 5 Sep 2019
Nearly half of SMEs want to borrow money in the next year but are uncertain of their borrowing capacity and correct... READ MORE

ASIC takes banks to court over ‘unfair’ loan terms
by Annie Kane • 4 Sep 2019
The financial services regulator has commenced proceedings against Bank of Queensland Ltd and Bendigo and Adelaide... READ MORE
Bluestone

Bluestone drops variable mortgage rates
by Reporter • 4 Sep 2019
The non-bank lender has announced rate cuts of up to 105 bps across its home loan product suite. READ MORE

Asset finance aggregator welcomes seven new lenders
by reporter • 4 Sep 2019
Platform Finance has announced that it has added seven new lenders and a new insurance provider to its panel to provide... READ MORE

RBA reports cash rate decision

by Charbel Kadib • 3 Sep 2019
The central bank has announced the September cash rate, following its monthly board meeting. READ MORE

SME Broker Bootcamp 2019 dates announced!
by reporter • 3 Sep 2019
The Adviser’s fifth annual SME Broker Bootcamp, a free roadshow outlining how brokers can be servicing their... READ MORE

‘Confusing’ mortgage process affecting home purchases

by Annie Kane • 3 Sep 2019
Nearly 70 per cent of Australians have experienced a challenge in the home loan process, with more than a quarter... READ MORE
HSBC

HSBC signs distribution agreement with broking platform
by Reporter • 3 Sep 2019
The non-major has announced a partnership with an Australian mortgage broking platform as part of a push to broaden... READ MORE

Short-term lender launches construction funding division
by Annie Kane • 3 Sep 2019
Specialist short-term secured asset lender Assetline Capital has launched a new construction funding division headed up... READ MORE

Octet assumes responsibility for BOQ debtor finance clients
by Annie Kane • 2 Sep 2019
Supply chain lender Octet has secured a long-term partnership with BOQ that will see it assume responsibility for all... READ MORE
Sean Hughes

ASIC commissioner sheds light on broker findings
by Charbel Kadib • 2 Sep 2019
If brokers “wish to be viewed as professionals”, they should offer clients “as many options as is reasonably... READ MORE
Loan application

Majority believe brokers make getting a mortgage easier
by Annie Kane • 2 Sep 2019
The vast majority of Australians believe the home loan application process to be a negative one, but two-thirds believe... READ MORE

ABA and COSBOA launch SME finance guide
by Reporter • 2 Sep 2019
A new website has been launched to provide a “step-by-step guide” to applying for small-business loans. READ MORE
Sam White and David Smith

Industry urged to take heed of ‘disappointing’ findings
by Charbel Kadib • 30 Aug 2019
The head of a major aggregator has encouraged brokers to “listen carefully” to the voices of consumers highlighted... READ MORE
Mark Haron, Peter White, Susan Mitchell

Industry sees bright side of ASIC findings
by Charbel Kadib • 30 Aug 2019
The findings from ASIC’s shadow shopping exercise “reinforces the value” of mortgage brokers by highlighting the... READ MORE
Teachers Mutual Bank

TMB reprices fixed mortgage offerings
by Reporter • 30 Aug 2019
The mutual bank has reduced fixed rates for both owner-occupiers and investors across its brands. READ MORE
Anja Pannek, Stephen Moore, Brendan Wright

PLAN, Choice, FAST welcome best interests duty
by Charbel Kadib • 30 Aug 2019
The aggregators have welcomed the federal government’s draft bests interests duty as part of a broader push to help... READ MORE

ASIC reveals findings of shadow shopping exercise
by Charbel Kadib • 29 Aug 2019
Brokers were “inconsistent” in the ways they presented mortgage options to borrowers and sometimes provided little... READ MORE