Breaking News
‘Impractical’ credit rules could victimise borrowers
by • 11 Jul 2018
A leading mortgage broker has warned that the increasingly impractical nature of bank credit decisions could be...READ MORE
Broking profession a career ‘beacon’
by • 11 Jul 2018
Broking continues to be a “beacon” for those seeking a career change as well as for accountants and other financial... READ MORE
Regional bank offering 24-hour mortgage approvals
by • 10 Jul 2018
Heritage Bank has announced a new initiative aimed at speeding up the mortgage approvals process for... READ MORE
Lenders hike rates as funding costs spike
by • 10 Jul 2018
A handful of challenger banks and non-bank lenders have announced pricing changes in response to increased funding... READ MORE
Majority of Australians are against companies collecting financial...
by • 10 Jul 2018
A new survey has found that the vast majority of Australians consider it “unacceptable” for companies to collect... READ MORE
Non-major banks among most trusted brands in Australia
by • 9 Jul 2018
Two non-major banks have ranked in the top 10 most trusted brands in Australia, according to a new survey conducted... READ MORE
Non-bank lender surpasses $10bn in loans
by • 9 Jul 2018
Firstmac has announced that it now holds more than $10 billion of loans under management and settled a “record”... READ MORE
Brokers the bright spot for regionals as headwinds mount
by • 9 Jul 2018
Australia’s challenger banks see the mortgage broking industry as a significant opportunity for growth as funding and... READ MORE
Bankwest welcomes broker feedback on commission changes
by • 9 Jul 2018
The general manager of third-party distribution at Bankwest has said that he welcomes broker feedback on the bank’s... READ MORE
Mortgage expenses rise by 43.5% in six years
by • 9 Jul 2018
Australians are spending 43.5 per cent more of their income on principal repayments on their home loans, according to... READ MORE
Former Perth finance broker sentenced to jail
by • 6 Jul 2018
A former broker has been sentenced to 21 months of imprisonment after he pleaded guilty to seven charges of giving... READ MORE
Broking triumphs over scrutiny and media criticism: Deloitte
by • 6 Jul 2018
The strength of the third-party channel and the value that brokers provide to consumers is overpowering mainstream... READ MORE
BOQ pulls out of low doc loans
by • 6 Jul 2018
Bank of Queensland has removed low document home loans from its offering, becoming the second bank in a week to pull... READ MORE
Lender sees personal loan originations double
by • 6 Jul 2018
A marketplace lender has seen personal loan originations double in the second half of the financial year as it broadens... READ MORE
AMP Bank focuses investment on broker channel
by • 5 Jul 2018
The non-major lender has said that it is focusing on the “critically important broker and adviser channels” and... READ MORE
MFAA launches major broker advocacy campaign
by • 5 Jul 2018
A multichannel advertising campaign is being launched by the Mortgage & Finance Association of Australia to promote... READ MORE
Non-conforming mortgage arrears fall as demand rises
by • 4 Jul 2018
Non-conforming home loan delinquencies dropped by 33 basis points in April, supported by a rise in issuance, according... READ MORE
AMP reshuffles real estate leadership team
by • 4 Jul 2018
AMP Capital has announced the appointment of three new members to its real estate leadership team including a new chief... READ MORE
CBA to withdraw from low doc lending
by • 4 Jul 2018
The major bank has announced that it will remove low documentation features on all new home loans and line of credit... READ MORE
Brokers, bankers rocked by ‘messy’ mortgage market
by • 4 Jul 2018
Tighter credit and changing lending policies are creating confusion and complexity in the third-party channel as... READ MORE
Property prices continue to slip
by • 4 Jul 2018
National home values have fallen for the ninth consecutive month, with tighter lending conditions and the slowdown in... READ MORE
Financial group taken to court by ASIC
by • 3 Jul 2018
The corporate regulator has commenced proceedings in the Supreme Court of Queensland against a business owner/former... READ MORE
RBA announces July cash rate
by Sasha Karen • 3 Jul 2018
The central bank has today announced the official cash rate for July following its monthly board meeting.
READ MOREBankwest announces broker commission changes
by • 2 Jul 2018
The Australian mortgage provider has introduced the first of three changes to broker remuneration and business in a... READ MORE
Tighter credit slowing new home sales: HIA
by • 2 Jul 2018
The Housing Industry Association has cited the royal commission’s impact on bank lending policies as a contributing... READ MORE
Have your say on the non-major banks
by • 2 Jul 2018
Momentum Intelligence, in partnership with The Adviser, is calling on brokers to rank the performance of the non-major... READ MORE
FBAA unsatisfied with ABC broker correction
by • 2 Jul 2018
The head of the FBAA has urged the ABC to do more to repair the damage caused by an inaccurate statement made about... READ MORE
New digital bank to offer home loans
by • 2 Jul 2018
A new digital bank will enter the mortgage market in the first quarter 2019 as it looks to challenge the traditional... READ MORE
Homeloans Ltd expands team
by • 2 Jul 2018
Non-bank lender Homeloans has created two new roles to grow the third-party sales team and help support future... READ MORE
Rate hike would be a ‘major policy mistake’: AMP
by • 2 Jul 2018
AMP economist Shane Oliver has dismissed a claim from former Reserve Bank board member Warwick McKibbin, who suggested... READ MORE

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