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ING

ING announces commercial credit policy changes
by Charbel Kadib • 3 Apr 2019
The non-major lender has announced changes to its commercial credit policy, including a sharp increase to the maximum... READ MORE
Virgin Money

Virgin Money partners with aggregator

by Reporter • 3 Apr 2019
The non-major lender has announced its partnership with a mortgage aggregator, in a move designed to enhance its... READ MORE
house of parliament night canberra budget 2019 2020 released government instant asset write off

Budget 2019-20 released
by Annie Kane • 2 Apr 2019
The Coalition government has released its budget for 2019-20, which includes an extension and increase in the instant... READ MORE

Pre-budget cash rate decision revealed
by Charbel Kadib • 2 Apr 2019
The RBA has announced its cash rate verdict for April ahead of the release of the federal budget this evening. READ MORE
Suburbs

Housing market plagued by ‘uncertainties’ as downturn continues
by Charbel Kadib • 2 Apr 2019
The fall in residential property values is “losing steam” but could be reinvigorated by changes in the political... READ MORE
Aerial shot of suburbs

Property slump ‘weighing heavily’ on sentiment
by Reporter • 2 Apr 2019
Cost of living pressures have been magnified by the continued fall in dwelling values, with the “wealth effect”... READ MORE

Non-bank updates lending policy

by Reporter • 2 Apr 2019
A non-bank lender has announced updates to its serviceability assessment criteria, including changes to requirements... READ MORE
chris bowen shadow treasurer alp change to negative gearing capital gains tax mini surge housing market

Labor announcement to spark ‘mini surge’ in housing market
by Charbel Kadib • 1 Apr 2019
The federal Labor opposition has revealed the commencement date for its changes to negative gearing and the capital... READ MORE

Profile: Damian Percy reflects on his legacy

by Annie Kane • 1 Apr 2019
After nearly 20 years with the Bendigo and Adelaide Bank Group, Damian Percy, the former head of strategic... READ MORE
Macquarie

Fixed mortgage rate cuts continue

by Reporter • 1 Apr 2019
Macquarie Bank, ME, and HomeStart Finance are the latest lenders to reprice their fixed rate home loan offerings,... READ MORE

ASIC to recover $5.6m from credit intermediaries
by Annie Kane • 1 Apr 2019
Credit intermediaries — such as brokers an aggregators — will need to cover more than $5 million of ASIC’s costs... READ MORE

Aggregator enters joint operation agreement with iSelect
by Annie Kane • 29 Mar 2019
A major aggregator has entered into a joint operation agreement with comparison website iSelect, which aims to benefit... READ MORE

Industry heads reiterate warning of changing remuneration
by Annie Kane • 29 Mar 2019
A panel of representatives from the mortgage and broking industry has noted the complex task of changing broker... READ MORE
ANZ

Introducer program ‘halved’, ANZ reveals
by Charbel Kadib • 29 Mar 2019
ANZ CEO Shayne Elliott has revealed that the major bank has halved its network of introducers but has no immediate... READ MORE
Homestart

Lender adopts ‘stricter’ compliance guidelines

by Reporter • 29 Mar 2019
A South Australian-based lender has announced that it will launch a new compliance model designed to ensure that... READ MORE

Trail book scammer jailed
by Annie Kane • 28 Mar 2019
A former banker and mortgage broker has been sentenced to five years in prison for 16 counts of financial deception,... READ MORE
Shayne Elliot

ANZ CEO backs market solution to commission debate
by Charbel Kadib • 28 Mar 2019
The market can “resolve” the ongoing broker remuneration dispute without government intervention, ANZ CEO Shayne... READ MORE

Brokers would not ‘thrive’ under advice model: NAB
by Annie Kane • 27 Mar 2019
The interim CEO of a major bank has told the House of Representatives that the mortgage broking industry is “not... READ MORE

SME lender appoints new MD
by Annie Kane • 27 Mar 2019
Fintech business lender Spotcap has announced that it has appointed a new MD for Australia and New Zealand to replace... READ MORE
ING

ING reprices home loan offerings
by Charbel Kadib • 27 Mar 2019
The non-major bank has announced fresh mortgage rate changes, less than two months after hiking its rates by 15 basis... READ MORE
ANZ

Major bank raises rates on lines of credit
by Annie Kane • 27 Mar 2019
A big four bank has raised interest rates on lines of credit by 45 basis points, raising concerns from some brokers... READ MORE

Investors would suffer if remuneration changes, warns buyer’s agent
by Ezekiel MacNevin • 27 Mar 2019
Banning trailing commissions and upfront payments would diminish competition in the mortgage market and damage the... READ MORE
chris bowen shadow treasurer banking royal commission removing trail commission payments

Shadow treasurer says government has ‘got it wrong’ on trail
by Annie Kane • 26 Mar 2019
In a clear stance on Labor’s trail position, Chris Bowen MP has said that the government’s response to the banking... READ MORE
westpac commonwealth bank nab anz bank logo big four banks introducer program cease paying

Major banks provide update on introducer programs
by Annie Kane • 26 Mar 2019
Following NAB’s announcement that it would cease paying introducers from October this year, The Adviser asked the... READ MORE

Bank’s remediation work hits cash earnings
by and Adrian Flores • 26 Mar 2019
Westpac’s cash earnings for the first half of 2019 will be reduced by an estimated $260 million as the bank continues... READ MORE