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Breaking News
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.
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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...
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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.
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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...
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‘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...
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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...
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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.
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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...
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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...
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Brokers propel non-bank to above-system lending growth
by Charbel Kadib • 29 Aug 2019
A non-bank has stated that its efforts to strengthen its presence in the third-party space have helped bolster its loan...
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Elite broker launches new coaching business
by Annie Kane • 29 Aug 2019
Former Aussie broker Ross Le Quesne has launched a new coaching business to help brokers scale their businesses,...
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ANZ makes changes to HEM calculation
by Reporter • 29 Aug 2019
The major bank has revised the manner in which it calculates the HEM benchmark, following on from changes implemented...
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Better Choice mortgage settlements up 50% in FY19
by Reporter • 29 Aug 2019
Better Choice Home Loans, part of the BNK Group, has reported that home loan settlements in the 2019 financial year...
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Industry reacts to proposed broking reforms
by Charbel Kadib • 28 Aug 2019
Industry associations and broking industry stakeholders have reacted to the federal government’s newly proposed best...
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AFCA seeks greater input in ASIC interventions
by Charbel Kadib • 28 Aug 2019
The external dispute resolutions scheme has backed the corporate regulator’s new product intervention powers and has...
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Bank of China revamps lodgement process to boost broker access
by Reporter • 28 Aug 2019
The non-major bank has partnered with a lending fintech to bolster its home loan lodgement platform and “grow its...
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Ban period reduced for NSW mortgage broker
by Reporter • 28 Aug 2019
A former NSW mortgage broker has had his ban reduced to half the initial period that was imposed by Australia’s...
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Auswide reports 13% growth in mortgage settlements
by Reporter • 27 Aug 2019
Auswide Bank has reported “solid” growth in its home lending portfolio in the “challenging” 2019 financial...
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