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Regional markets offsetting national home value drop
by Reporter • 4 Jun 2018
Continual growth in dwelling values across Australia’s regional markets has offset a “broader” decline... READ MORE
caution signage, allegations

Banks deny allegations of cartel conduct
by Reporter • 1 Jun 2018
Citigroup, Deutsche Bank and ANZ have all vehemently denied allegations of cartel conduct that are being brought... READ MORE

Mortgagors ‘better off’ today despite high home prices: RateCity
by Reporter • 1 Jun 2018
Australian borrowers are better off now than they were 28 years ago, despite slow inflation and wage growth, according... READ MORE

‘Banks cannot discharge legal obligations to brokers’, says lawyer
by Reporter • 1 Jun 2018
A former ASIC lawyer has said that admissions from the banks that they relied on brokers to verify borrower living... READ MORE
Big question mark

Analysis: How big are the non-bank lenders?
by James Mitchell • 1 Jun 2018
With limited information available about the size and market share of Australia’s non-ADI mortgage sector, The... READ MORE
apple garden royal commission farming finance

Regional finance to come under royal commission scrutiny
by Reporter • 31 May 2018
The financial services royal commission has announced that the next round of hearings will review issues experienced by... READ MORE
Call out, caution signage

Tic:Toc boss calls out HEM issues and ‘questionable’ third parties
by James Mitchell • 31 May 2018
The CEO of online mortgage lender Tic:Toc Home Loans says that no human judgement need enter the equation when it comes... READ MORE
commonwealth bank lending policy broker accreditation monitor loan applications debt to income ratio e-learning requirement

CBA updates lending policy and broker accreditation requirement
by Reporter • 31 May 2018
The major bank will now “monitor” loan applications with a debt-to-income ratio higher than 4.5 and will also bring... READ MORE
increase personal loan, lender, money

P2P lender increases personal loan limit
by Reporter • 31 May 2018
A peer-to-peer lender has announced a $15,000 increase in its personal loan limit to accommodate borrower demand. READ MORE
Arrow down, decline

Dwelling approvals slip by 5% in April
by Reporter • 30 May 2018
Latest data from the ABS has revealed a 5 per cent decline in dwelling approvals in April, with two financial services... READ MORE
Piggy bank, financial literacy

Major bank penalties to fund financial literacy
by Reporter • 30 May 2018
The federal government has announced that it will establish a new financial literacy body tasked with distributing... READ MORE

Broker briefs federal MP on broker proposition
by Reporter • 30 May 2018
A leading mortgage broker has written a whitepaper on the value of brokers and presented it to his federal MP in a bid... READ MORE

China crackdown sees property investment fall by 65%: FIRB
by James Mitchell • 30 May 2018
Fresh FIRB data has revealed that tighter controls in China and the introduction of property fees and restrictions in... READ MORE

Royal commission driving customers to different banks
by Reporter • 29 May 2018
Almost a third of Aussies say they are more likely to consider switching banks in the wake of the royal commission's... READ MORE

Mortgage industry could face massive class action

by Reporter • 29 May 2018
A massive class action lawsuit is being planned on behalf of “Australian bank customers that have entered into... READ MORE
Scales of Justice

Opinion: Has the RC got brokers all wrong?
by Reporter • 29 May 2018
While the royal commission continues its barrage of questions to lenders, one key question that the commission has... READ MORE
Arrow up, increase rate

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
Money, cash, lots of money

Payday lender pays $650k after breaching guidelines
by Reporter • 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
vigilance against scammers

ABA calls for vigilance against scammers
by Reporter • 28 May 2018
The industry association has urged Australians to be on guard against “unscrupulous” and “unsolicited” scammers... READ MORE
Error

Brokers entangled in banker errors
by Reporter • 28 May 2018
Two broker-originated loans have been brought under question by the financial services royal commission in the first... READ MORE
Mandeep Sodhi

HashChing granted $700,000 government loan to create new jobs
by Reporter • 28 May 2018
The online mortgage marketplace has been granted a $700,000 loan from Jobs for NSW. READ MORE
Magnifying glass, lending revealed

Non-major’s irresponsible lending revealed by RC
by Reporter • 25 May 2018
In a statement provided to the financial services royal commission, a bank has conceded that it breached its... READ MORE
demand self employed home loans green houses rising economy increase

Gig economy driving demand for self-employed home loans
by Tas Bindi • 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 FY2018. READ MORE

Revealed: 2018 ABA finalists
by Reporter • 25 May 2018
The Adviser can today reveal the finalists for the highly anticipated 2018 Australian Broking Awards. READ MORE
Mark Bouris

Yellow Brick Road taken to court over performance bonus
by Tas Bindi • 24 May 2018
Legal proceedings against Yellow Brick Road have commenced over the earn-out conditions contained in a 2014 share... READ MORE