Breaking News
Non-major hikes rates
by Reporter • 28 May 2018
A challenger bank has increased its interest rates for variable residential and investment loans by 9 basis points,...READ MORE
Payday lender pays $650k after breaching guidelines
by • 28 May 2018
A personal finance company has paid more than half a million dollars to the National Debt Helpline after being found to... READ MORE
ABA calls for vigilance against scammers
by • 28 May 2018
The industry association has urged Australians to be on guard against “unscrupulous” and “unsolicited” scammers... READ MORE
Brokers entangled in banker errors
by • 28 May 2018
Two broker-originated loans have been brought under question by the financial services royal commission in the first... READ MORE
HashChing granted $700,000 government loan to create new jobs
by • 28 May 2018
The online mortgage marketplace has been granted a $700,000 loan from Jobs for NSW.
READ MORENon-major’s irresponsible lending revealed by RC
by • 25 May 2018
In a statement provided to the financial services royal commission, a bank has conceded that it breached its... READ MORE
Gig economy driving demand for self-employed home loans
by • 25 May 2018
A non-bank lender has recorded a 20 per cent increase in demand for specialist home loans in the first half of... READ MORE
Revealed: 2018 ABA finalists
by • 25 May 2018
The Adviser can today reveal the finalists for the highly anticipated 2018 Australian Broking Awards.
READ MOREYellow Brick Road taken to court over performance bonus
by • 24 May 2018
Legal proceedings against Yellow Brick Road have commenced over the earn-out conditions contained in a 2014 share... READ MORE
HSBC changes view on Sydney, Melbourne housing outlook
by • 24 May 2018
HSBC Australia has published a revised forecast for Australian house prices after seeing a more abrupt slowdown in... READ MORE
Loan Market launches campaign to ‘arm’ brokers with marketing...
by • 24 May 2018
The franchise brokerage and aggregator has announced the launch of an integrated marketing campaign, providing its... READ MORE
ASIC to ‘intensify scrutiny’ of licensing applications
by • 23 May 2018
The financial regulator has extended its service charter for credit and financial services licenses, according to the... READ MORE
Major bank offering broker clients $50k
by Reporter • 23 May 2018
One of the big four banks is offering mortgage broker clients a year’s worth of mortgage payments if they buy... READ MORE
Opinion: The dangerous tragicomedy of the royal commission
by Carl Mazzolo • 23 May 2018
The royal commission would make a great television comedy if it wasn’t so sad. At the heart of this week’s hearings... READ MORE
ANZ denies wrongdoing at RC
by • 23 May 2018
The major bank has been scrutinised by the financial services royal commission over its decision to approve a loan,... READ MORE
‘Trust and financial services don’t sit together’: ASIC
by • 23 May 2018
The corporate regulator believes that “a lot of hard work” is needed for financial service operators to regain... READ MORE
Borrowers ‘in the dark’ over LMI
by • 23 May 2018
Two in five prospective borrowers have admitted that they do not understand lenders mortgage insurance, new research... READ MORE
Bank of Queensland appoints new broker head
by • 22 May 2018
The regional lender has announced that it has brought in a new head of BOQ Broker, following the departure of Adrienne... READ MORE
RC scrutinises broker-originated guarantor loans
by Charbel Kadib & James Mitchell • 22 May 2018
Broker-originated guarantor loans have been placed under the spotlight during the third round of public hearings... READ MORE
Former CBA exec joins marketplace lender
by • 22 May 2018
A marketplace lender has announced the appointment of a former Commonwealth Bank executive to the role of chief... READ MORE
Brokers most favoured by Millennials
by • 21 May 2018
Younger Australians are dominating the mortgage broker market, with a new Roy Morgan research revealing that almost... READ MORE
CBA apologises for bank account manipulation
by • 21 May 2018
The big four bank has issued a public apology to customers after it was revealed that staff had been making deposits... READ MORE
Broker commissions ‘the high-water mark’ for disclosure
by • 21 May 2018
An ACL holder believes that upfront and trail commissions need to “make a comeback”, rather than be vilified, as... READ MORE
Less than 5% of FHBs use a guarantor to buy a home
by • 21 May 2018
The vast majority of first home buyers are obtaining their first home loan without a guarantor, but more than a fifth... READ MORE
Legislative framework ‘has not been observed by firms’
by • 21 May 2018
The new chairman of ASIC has said that the financial services firms have not adequately been the “first line” of... READ MORE
Major bank suspends loan repayments for flood victims
by • 18 May 2018
NAB has announced that it is suspending home and personal loan repayments and waiving the fees for customers affected... READ MORE
‘Uncomfortable times’ ahead in royal commission: NAB
by • 18 May 2018
The head of the broker channel at NAB has said that while “there will be uncomfortable times” in the next round of... READ MORE
‘Overkill’: Top broker questions living expenses crackdown
by • 18 May 2018
One of Australia’s most successful brokers fears that mortgage professionals would leave the industry if banks... READ MORE
Former Uber lobbyist appointed CEO of FinTech Australia
by • 18 May 2018
The non-for-profit association representing Australian fintechs has appointed Uber’s former government lobbyist, Brad... READ MORE
Brokers driving regional bank’s home loan settlements
by • 18 May 2018
The chairman of Bank of Queensland has told shareholders that the broker channel and Virgin Money have contributed to... READ MORE

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