Breaking News

CBA CEO Matt Comyn

BID won’t change strategy; Aussie remains in limbo: Comyn
by Charbel Kadib • 13 Feb 2020
The Commonwealth Bank CEO does not expect the passage of the Best Interests Duty Bill to materially alter the bank’s... READ MORE
Mortgage title verification service launches

Mortgage title verification service launches
by Hannah Dowling • 13 Feb 2020
NSW Land Registry Services has launched a new mortgage title verification service, allowing lenders to accurately... READ MORE

Brokers urged to steer SMEs to commercial finance
by Malavika Santhebennur • 13 Feb 2020
Brokers are being urged to have conversations with SME owners about the availability of commercial finance options that... READ MORE

ACCC raises concerns about AFG-Connective merger
by Annie Kane • 12 Feb 2020
The competition watchdog has raised preliminary competition concerns about the proposed merger between Connective and... READ MORE

Revealed! The Top 25 Brokerages 2020
by Annie Kane • 12 Feb 2020
The 25 leading brokerages in Australia have been revealed in The Adviser’s annual ranking, with major brokerage... READ MORE

Capify eyes growth and M&As in 2020
by Annie Kane • 12 Feb 2020
The global CEO of SME lender Capify has revealed that the lender is focusing on growth in 2020, including potential... READ MORE
Steve Johnston

Suncorp CEO eager to ‘win back support’ from brokers
by Charbel Kadib • 12 Feb 2020
The group CEO of Suncorp has committed to improving the “speed, quality and consistency” of its service to brokers... READ MORE

Loan Market announces foreign currency partnership
by Hannah Dowling • 12 Feb 2020
The franchise brokerage has announced a new partnership, which will provide Loan Market brokers with access to... READ MORE

Timing and application of new misconduct rules questioned
by Annie Kane • 11 Feb 2020
Further concerns have been raised regarding new exposure draft legislation that will bring in new reference check and... READ MORE

ASBFEO calls for 30-day payment terms for SMEs
by Hannah Dowling • 11 Feb 2020
Introducing a mandatory supplier payment code, an industry-wide 30-day payment term and a “consistent small business... READ MORE
Aggregator appoints Queensland director

Major brokerage appoints new Queensland director
by Malavika Santhebennur • 11 Feb 2020
A former state relationship manager at the Commonwealth Bank of Australia has joined Loan Market as state director... READ MORE
Banks relax valuation policies

Banks relax valuation policies
by Malavika Santhebennur • 11 Feb 2020
Major bank ANZ and non-major bank Gateway have loosened their credit and valuation policies. READ MORE

Associations call for further guidance on BID
by Annie Kane • 10 Feb 2020
Association heads have welcomed the passage of the best interests duty through Parliament but outlined that further... READ MORE

Aggregators welcome passage of BID
by Annie Kane • 10 Feb 2020
Several aggregator heads have marked the passage of the Financial Sector Reform (Hayne Royal Commission Response –... READ MORE

Mortgage Choice partners with Pepper on new white label
by Hannah Dowling • 10 Feb 2020
The major brokerage has announced the launch of a specialist lending white label product suite, created in partnership... READ MORE

Loanbid eyes expansion amid platform growth
by Hannah Dowling • 10 Feb 2020
The online home loan-bidding platform is expected to announce its intention to expand its offering into business loans,... READ MORE

Smartline to become face of REA broker business
by Annie Kane • 7 Feb 2020
Realestate.com.au Home Loans will no longer represent REA Group’s broking business, with a rebranded Smartline... READ MORE

New lending service rolled out for brokers

by Charbel Kadib • 7 Feb 2020
A fintech lender has launched a new home-lending service aimed at simplifying the underwriting process for brokers. READ MORE
ING

Lender pulls investment product
by Charbel Kadib • 7 Feb 2020
A non-major has announced the withdrawal of an investment product due to “low demand” from customers. READ MORE
Andy Cusworth

Australian Invoice Finance appoints new state BDM
by Malavika Santhebennur • 7 Feb 2020
The cash flow finance provider has appointed a Queensland BDM to boost sales in the state. READ MORE

Best Interests Duty Bill formally passed
by Annie Kane and Charbel Kadib • 6 Feb 2020
The bill containing the best interests duty for mortgage brokers has officially passed both houses, after being read... READ MORE
Compensation scheme

Compensation scheme should apply to brokers: AFCA
by Malavika Santhebennur • 6 Feb 2020
AFCA has stressed the need for CSLR obligations to apply across the financial services industry, including mortgage... READ MORE
Latitude launches loan with repayment free term

Lender launches loan with repayment-free term
by Charbel Kadib • 6 Feb 2020
Non-bank lender Latitude Financial has rolled out a new personal loan offering with a repayment-free window. READ MORE
ME tweaks income verification policy

Bank tweaks income verification policy

by Malavika Santhebennur • 6 Feb 2020
A non-major bank has updated its income verification policies to “keep pace” with the changing landscape of... READ MORE
Shane Oliver

Cash rate still heading south despite upbeat RBA: AMP
by Charbel Kadib • 6 Feb 2020
The Reserve Bank will proceed with its monetary policy easing strategy despite maintaining a “surprisingly”... READ MORE