Mortgage and Finance Brokers Breaking News - The Adviser

Industry welcomes government’s trail decision

by Annie Kane • 13 Mar 2019

Industry representatives have welcomed the news that the government will delay its decision on abolishing trail but... READ MORE

Rebound in housing finance ‘unlikely’ as slump continues

by Charbel Kadib • 13 Mar 2019

The trend in housing finance volumes remains “very weak”, with “little reason” to expect a “positive turn”... READ MORE

Treasurer delays trail abolition date

by Annie Kane • 12 Mar 2019

Treasurer Josh Frydenberg has said that the government will look at reviewing the impacts of removing trail in three... READ MORE

YBR head confident for the future

by Annie Kane • 12 Mar 2019

Mark Bouris has said that he believes “everything is going to be good” for the broking industry following the... READ MORE

Aggregator seeks to bust broker ‘myths’

by Charbel Kadib • 12 Mar 2019

A major aggregator has published a comprehensive response to the banking royal commission’s “fundamentally... READ MORE

Loan Market adds personal lender to panel

by Ezekiel MacNevin • 12 Mar 2019

Non-bank lender SocietyOne has become the latest lender to join Loan Market’s panel, enabling brokers to distribute... READ MORE

Election uncertainties impacting SME investments

by Reporter • 12 Mar 2019

Around half of all small businesses are delaying investment decisions due to concerns about the impending federal... READ MORE

ScoMo working with brokers for the ‘right answer’

by Annie Kane • 11 Mar 2019

Prime Minister Scott Morrison has told brokers that he will “keep working” with industry on “how to get the right... READ MORE

‘Mortgage broking model changing anyway’: Westpac CEO

by Tas Bindi • 11 Mar 2019

After being pressed by a member of parliament, a senior executive from Westpac admitted that a reduction in mortgage... READ MORE

NAB drops fixed mortgages rates

by Reporter • 11 Mar 2019

The major bank has announced mortgage rate reductions across some of its fixed-rate home loan products. READ MORE

CBA CEO weighs in on flat-fee model

by Charbel Kadib • 8 Mar 2019

Commonwealth Bank CEO Matt Comyn has told a parliamentary committee that proposed moves to a flat-fee, ... READ MORE

NSW broking industry celebrated

by Annie Kane • 8 Mar 2019

The leading brokers, business development managers and support staff in NSW have been recognised at the Better Business... READ MORE

AMP lifts variable mortgage rates

by Charbel Kadib • 8 Mar 2019

Cost pressures have prompted AMP Bank to hike its variable home loan rates for both new and existing customers. READ MORE

Bank of Sydney to relocate headquarters

by Reporter • 8 Mar 2019

The non-major bank revealed that it is purchasing a building in Sydney’s CBD to relocate its head office. READ MORE

Recognising leading female brokers

by Annie Kane • 8 Mar 2019

As we mark International Women’s Day, the industry is celebrating and recognising the women making waves in the... READ MORE

SocietyOne’s loan book boosted by broker channel

by Reporter • 8 Mar 2019

The marketplace lender has reported 62 per cent growth in loan originations, increasing its total loan book to $600... READ MORE

Bank to fuel broker ‘momentum’ with sharp rate cuts

by Charbel Kadib • 7 Mar 2019

A non-major lender has announced mortgage rate cuts of up to 92 basis points for new business, as part of its push for... READ MORE

Cash rate relevance waning: Mortgage Choice

by Reporter • 7 Mar 2019

The Reserve Bank’s monetary policy decisions have lost significance amid out-of-cycle interest rate changes from... READ MORE

Lender trials merchant cash advance through brokers

by Annie Kane • 7 Mar 2019

Brokers will soon be able to offer SME clients a merchant cash advance product, as an SME lender looks to expand its... READ MORE

RC offers ‘opportunity’ for brokers to diversify

by Reporter • 7 Mar 2019

Brokers would be prudent to diversify their offering into SME and asset finance following the royal commission, the CEO... READ MORE

TMB cuts mortgage rates by up to 50bps

by Charbel Kadib • 6 Mar 2019

The mutual bank has announced interest rate reductions of up to 50 basis points on its owner-occupied and investor home... READ MORE

‘Trail commission not dead’: MFAA

by Annie Kane • 6 Mar 2019

The association is continuing to defend trail commissions and is advocating for its survival despite plans to ban the... READ MORE

Former Latitude exec joins non-bank lender

by Reporter • 6 Mar 2019

A non-bank lender has announced appointing a former executive from Latitude Financial Services to its leadership team. READ MORE

RBA announces cash rate decision - Mar 2019

by Charbel Kadib • 5 Mar 2019

The RBA has revealed its cash rate verdict for March, following its monthly monetary policy board meeting. READ MORE