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Macquarie

Macquarie expands mortgage book by $1.6bn
by Reporter • 26 Jul 2018
The group’s retail banking division has reported a quarterly rise of 5 per cent in its mortgage portfolio, with... READ MORE
referree holding red card penalty westpac banker permanently banned mortgage fraud

Former Westpac banker permanently banned for mortgage fraud
by Reporter • 26 Jul 2018
ASIC has permanently banned a former Westpac banker from engaging in credit activities, after finding that he had... READ MORE
businessman running jumping hurdles obstacles brokers v branches broker channel

Brokers v branches: The competitive utility of the broker channel
by Reporter • 26 Jul 2018
ANALYSIS: Mortgage brokers are challenging the oligopoly in the banking sector, giving smaller lenders with little or... READ MORE
customer service, customer sentiment

Industry falling behind on measuring customer sentiment
by Reporter • 26 Jul 2018
Just a fifth of Australian financial services businesses are measuring customer sentiment on social media, according... READ MORE
Generation Z

Businesses urged to ‘embrace’ Gen Z values to survive
by Reporter • 26 Jul 2018
The financial services industry should be cognisant of Generation Z’s shifting values and place a greater emphasis on... READ MORE

Ensurance to sell brokerage to former directors
by Reporter • 25 Jul 2018
The insurance company has entered into a multimillion-dollar share sale agreement that will see it dispose of all its... READ MORE
row of houses yellow house red house house prices fall 15 per cent by 2020

House prices to fall by 15% by 2020
by Tas Bindi • 25 Jul 2018
House prices in Australia will continue their downward trend for at least another two years, economists surveyed by... READ MORE

CBA’s head of broker becomes CEO of Smartline
by Reporter • 24 Jul 2018
The Commonwealth Bank of Australia’s head of third-party banking is to leave his role at the big four bank... READ MORE
growth, Mortgage Choice

Mortgage Choice expected to grow despite ‘challenges’: Morningstar
by Reporter • 24 Jul 2018
Mortgage Choice is expected to increase its franchise network despite facing challenges in recent years that have... READ MORE

‘Brokers make mortgage markets work better’: Deloitte
by Reporter • 24 Jul 2018
Mortgage brokers “make mortgage markets work better”, increase choice and competition between lenders, and help... READ MORE
Two lenders have joined, mortgages

More lenders succumb to funding pressures
by Reporter • 24 Jul 2018
Two lenders have joined the list of non-majors to announce out-of-cycle rate hikes on their home loan products,... READ MORE
Partnership

Finance brokerage partners with financial group
by Reporter • 24 Jul 2018
Cardena Private Wealth has commenced a partnership with brokerage Thyme Financial Group, which will give the... READ MORE
royal commission hearing fifth round gavel

Topics of fifth round of RC hearings revealed
by Reporter • 23 Jul 2018
The financial services royal commission’s fifth round of hearings is set to explore the extent to which registrable... READ MORE
Deloitte

‘Keep an eye on Australia’s mini credit crunch’: Deloitte
by James Mitchell • 23 Jul 2018
A new report from the professional services giant warns that tighter credit could create problems for NSW and... READ MORE
global financial crisis, steepest fall

Building activity set to be a ‘drag’ on the economy
by Tas Bindi • 23 Jul 2018
Building commencements will experience the steepest fall since the 2008 global financial crisis from next year,... READ MORE
scrutiny of borrower income and expense information

Non-bank aims to fill void in low doc space
by Reporter • 23 Jul 2018
A non-bank lender has reinforced its commitment to low doc lending amid withdrawals from the space by some traditional... READ MORE

Public will be able to respond to RC interim report
by Reporter • 20 Jul 2018
The public will be invited to respond to Commissioner Hayne’s interim report from the financial services royal... READ MORE
draft legislation, ASIC

Government consults on bill to boost ASIC powers
by Reporter • 20 Jul 2018
A second round of consultation has launched on draft legislation that will give ASIC powers to intervene should a... READ MORE
AFG

Credit environment is creating a ‘new normal’: AFG
by Reporter • 20 Jul 2018
The CEO of the major aggregator has said that regulation and tighter credit conditions have created a “new normal”... READ MORE
Camera, monitoring, ASIC

ASIC looks to monitor ‘actual’ customer outcomes
by Reporter • 20 Jul 2018
Collecting and sharing more data on “actual consumer outcomes” will be a “game-changer” in improving... READ MORE
Mortgage Choice, fixed rates, home loans

Fixed rates could be making a comeback: Mortgage Choice
by Reporter • 20 Jul 2018
Borrowers are starting to gravitate towards fixed rate loans, the latest data from Mortgage Choice suggests. READ MORE
lift rates, variable rate home loan

Non-majors lift rates, majors expected to ‘follow suit’
by Reporter • 20 Jul 2018
As more non-major lenders announce increases to their variable rate home loan product, one economist is expecting the... READ MORE

Ping pong unites industry
by Reporter • 20 Jul 2018
More than 30 people from 25 organisations, including The Adviser’s own Jordan Coleman, came together to participate... READ MORE
ASIC, blame game

ASIC calls for an end to the blame game
by Reporter • 19 Jul 2018
Financial services entities will no longer have the opportunity to “shift blame” when instances of wrongdoing are... READ MORE
Education on credit and debt

Education on credit flagged as better alternative to more regulation
by Reporter • 19 Jul 2018
Improving borrower education on credit and debt, including potentially bringing in exams for those looking to take on... READ MORE