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Tight, caution wrap

Bank imposes tighter credit policy
by • 26 Oct 2018
A non-major lender has updated its lender policy, now requiring brokers to provide “all credit-critical...READ MORE
Hourglass

Final day to respond to the RC
by • 26 Oct 2018
Anyone planning to submit a response to the financial services royal commission’s interim report must do so by 5pm... READ MORE
westpac building changing broker commission broker remuneration transparency

Another major bank changes broker commissions
by • 25 Oct 2018
Westpac Group has announced that it will introduce new changes to the way brokers are remunerated as part of a move to... READ MORE
appointment, handshake

Major brokerage appoints new CEO
by Annie Kane • 25 Oct 2018
A major mortgage brokerage has announced that it has appointed a new chief executive officer to help roll out the... READ MORE
Mortgage house

Challenger banks back ‘critical’ broker channel
by • 25 Oct 2018
Three neobanks have outlined that they will be working closely with the “critical” third-party channel to... READ MORE
Mark Bouris

YBR to diversify offering as it aims to fill market ‘gap’
by • 25 Oct 2018
The group’s executive chairman, Mark Bouris, has outlined plans to broaden Yellow Brick Road’s loan offering, after... READ MORE
Arrow down

Brokerage sees drop in mortgages to big four
by • 25 Oct 2018
The big four banks’ share of broker-originated home loans is declining, with borrowers increasingly looking to... READ MORE
Merge partnership

Homeloans and RESIMAC to consolidate
by • 24 Oct 2018
Non-bank lenders Homeloans Ltd and RESIMAC Ltd have announced that they are to consolidate into a single brand, subject... READ MORE
Handshake partnership

Mortgage Choice announces lender partnership
by • 24 Oct 2018
The broking franchise has announced the addition of a new lender to its panel, a move that would provide its network... READ MORE
Caution and warning signage

New ‘mortgage warning’ platform launches
by • 24 Oct 2018
A cloud-based analytics platform that can provide early warning signs of issues in the mortgage market has been... READ MORE

Bank announces new head of broker 2
by Annie Kane • 23 Oct 2018

Heritage Bank has appointed a new head of broker distribution, effective immediately.

READ MORE

Australia’s ‘first’ blockchain lender sets sights on mortgages
by Annie Kane • 23 Oct 2018
Australia’s “first” mortgage blockchain lender, which is set to launch next year, is offering a crowdsourced... READ MORE
Shayne Elliott

Consultation on mortgages a ‘fundamental human need’: ANZ CEO
by • 23 Oct 2018
The chief executive officer of ANZ has said that the need to talk to a person about buying a home is a “fundamental... READ MORE
White cut out

White label loans gain popularity
by • 23 Oct 2018
Brokers and their customers have been endorsing white label home loan products, according to a new survey from... READ MORE
the adviser better business awards 2019 nominations now open

Nominations now open for Better Business Awards 2019
by • 23 Oct 2018
Nominations for The Adviser’s Better Business Awards 2019, made possible through the support of principal partner... READ MORE
commonwealth bank cba bankwest withdraw reverse mortgage market removal

CBA, Bankwest withdraw from reverse mortgage market
by Annie Kane • 22 Oct 2018
The last remaining major bank offering reverse mortgages and its subsidiary will withdraw their reverse mortgage... READ MORE

ASIC focusing on loan fraud within banks
by • 22 Oct 2018
The Australian Securities and Investments Commission has said that while the banks’ loan assessment processes have... READ MORE
new head of real estate

CoreLogic names new head of real estate
by • 22 Oct 2018
The property data analytics provider announced that its group sales director, Geoff White, has been appointed as... READ MORE
Protecting people

Major bank CEO defends brokers
by • 22 Oct 2018
Shutting down the broking industry would be “extreme” and would have a “dramatic” impact on the Australian... READ MORE
Glenn Gibson

ING appoints new head of third party
by • 19 Oct 2018

ING has announced that it has appointed a new head of third-party distribution and direct mortgages.

READ MORE
School financial literacy program

Regulator reviews school financial literacy programs
by • 19 Oct 2018
The corporate regulator is set to review financial literacy and banking programs in primary schools to assess the... READ MORE

YBR takeover offer to expire today
by • 19 Oct 2018
Mercantile OFM’s off-market offer to acquire all of the ordinary shares in Yellow Brick Road will expire today, with... READ MORE
Australian dollars and piggy bank

Brokers lament ‘patronising’ serviceability changes
by • 19 Oct 2018
The introduction of tighter serviceability measures has surprised most brokers who have always exercised due diligence... READ MORE
Charged with criminal offence, handcuffs

Former credit union CEO charged with criminal offence
by • 19 Oct 2018
The former CEO of a credit union could face up to five years’ imprisonment after being charged with a criminal... READ MORE

AFCA unveils new strategy
by Annie Kane • 18 Oct 2018
The Australian Financial Complaints Authority has revealed its strategy, goals and vision, outlining that it will... READ MORE
Thumbs up

Market share rise proof that ‘commissions work’, says non-bank
by • 18 Oct 2018
The continued growth in broker market share proves that the current arrangements in the broking model are working, the... READ MORE
Business consultancy

Former broker head launches business consultancy
by • 17 Oct 2018
The former head of broker distribution at Heritage Bank has opened a new business coaching and consultancy practice for... READ MORE
Red whistle

Removing trail would turn brokers into ‘hunters, not farmers’
by • 17 Oct 2018
The chairman of a major broking franchise has advised against changes to broker remuneration, stating that there is... READ MORE
mortgage application loan

Bank prohibits brokers from self-submitting loans for personal use
by • 17 Oct 2018
Teachers Mutual Bank has become the latest lender to prevent brokers from submitting their own personal mortgage... READ MORE

Affordability beginning to recover, new data shows
by Tim Neary • 17 Oct 2018
The HIA Affordability Index has shown a rising improvement in housing affordability in Australia, with its index rising... 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
Read more
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