Mortgage and Finance Brokers Breaking News - The Adviser

Resimac adds new member to NZ underwriting team

by Reporter • 27 May 2019

The non-bank lender has appointed a new staff member to the newly created role of senior underwriter in New Zealand. READ MORE

Brokers buoyed by shift in mortgage landscape

by Charbel Kadib • 24 May 2019

Political and regulatory developments are conspiring in favour of the broking industry, with a rise in sentiment... READ MORE

Westpac amends residential lending policy

by Charbel Kadib • 24 May 2019

The major bank and its subsidiaries have made changes to their residential lending policies, including tighter... READ MORE

Lack of home ownership disadvantaging Gen Y SMEs

by Reporter • 24 May 2019

The low level of home ownership among younger age groups has played a role in business loans being rejected, the chief... READ MORE

BNK’s loan book grows past $200m

by Ezekiel MacNevin • 24 May 2019

The rebranded publicly listed bank has announced surpassing $200 million in loans since inception. READ MORE

New credit card rules will impact brokers, says lawyer

by Annie Kane • 23 May 2019

Brokers should be applying new credit card assessment rules to their loan applications, the solicitor director of The... READ MORE

Why brokers should be building value outside of trail

by Annie Kane • 23 May 2019

While the federal election result has granted a reprieve for the conversation around trail commission, brokers should... READ MORE

Commissions to stay but change is ‘constant’

by Charbel Kadib • 23 May 2019

The Coalition’s surprise victory may have reinstalled certainty over broker remuneration, but change is... READ MORE

Financial industry must be inclusive: ASIC

by Reporter • 23 May 2019

ASIC chair James Shipton has called for financial institutions to make the industry more inclusive to all parts of the... READ MORE

More people could access mortgages under proposed APRA changes

by Annie Kane • 22 May 2019

APRA’s newly announced proposal to allow banks to set their own serviceability floors when assessing residential... READ MORE

Arrears movements remain ‘mixed’ across Australia

by Tas Bindi • 22 May 2019

Movements in prime mortgage arrears were mixed across Australia, with the ACT the only region to record a fall in... READ MORE

Coalition urged to deliver on pre-election SME commitments

by Reporter • 22 May 2019

Australia’s small business ombudsman is reminding the re-elected Coalition government to “follow through” on the... READ MORE

Pepper Money extends reach in New Zealand

by Ezekiel MacNevin • 22 May 2019

Astute NZ has signed a white-label agreement with non-bank lender Pepper Money to offer a range of eight mortgage... READ MORE

‘Now is not the time to rest on our laurels,’ say association...

by Annie Kane • 21 May 2019

The leaders of the MFAA and FBAA have both welcomed the Coalition government’s re-election to power, but said that... READ MORE

Aggregator heads welcome election result, set sights on the future

by Annie Kane • 21 May 2019

Several leading representatives of the aggregation and broking groups have welcomed the outcome of the federal... READ MORE

Boutique aggregator appoints new head

by Charbel Kadib • 21 May 2019

A mortgage aggregator based in NSW has announced the appointment of a new head, who has committed to delivering a new... READ MORE

SME lender eyes growth after raising $8m

by Reporter • 21 May 2019

Non-bank lender Lumi has successfully completed an $8-million funding round to support its growth ambitions in the... READ MORE

Lenders put fixed rates on cutting board as demand slows

by Tas Bindi • 20 May 2019

More lenders have joined the fixed rate cut party amid declining demand. READ MORE

NAB reduces revenue threshold for QuickBiz loans

by Reporter • 20 May 2019

The major bank has reduced the minimum annual turnover limit for QuickBiz applications to make loans and overdrafts... READ MORE

Election 2019: What it means for brokers

by Annie Kane • 18 May 2019

The results of the federal election are in – but what does it mean for the broking industry? We unpack the key policy... READ MORE

YBR overhauls company, CEO to step down

by Annie Kane • 17 May 2019

Yellow Brick Road Holdings Limited has announced that it will create a “much simpler business” by disposing of its... READ MORE

Election Eve: Voters to determine the future of broker rem

by Charbel Kadib • 17 May 2019

The trajectory of broker remuneration reform is set to be determined tomorrow when voters take to the polls, with... READ MORE

Resimac introduces building cladding restrictions

by Tas Bindi • 17 May 2019

The non-bank lender has announced that a unit or apartment in buildings with non-compliant cladding will not be... READ MORE

ASIC consults on new complaints-handling rules