Breaking News
‘Yes, we repriced the back book’: ANZ defends rate hikes
by • 12 Oct 2017
The major bank CEO has explained how it was a first mover on mortgage repricing and why it made a decision to hike...READ MORE
Westpac group introduces new broker tool
by • 11 Oct 2017
Westpac and its subsidiaries have launched a new property valuation tool that aims to give mortgage brokers a... READ MORE
Specialist lender surpasses $1bn milestone
by • 11 Oct 2017
Bluestone Mortgages has surpassed the $1 billion milestone in settlements, with more than half of that coming in the... READ MORE
ASIC to review loan files of 'high IO' brokers
by • 11 Oct 2017
The financial services regulator has revealed that it will “shortly” begin contacting brokers that have a “high... READ MORE
Non-bank warns against commission changes
by • 11 Oct 2017
The chief executive of a non-bank lender has said that any reduction in broker remuneration will have an impact on the... READ MORE
Director of unlicensed payday lender banned
by • 10 Oct 2017
The financial services regulator has banned a director of a payday lender from engaging in credit activities for a... READ MORE
Westpac investing $26.5m in mortgage fintech
by • 10 Oct 2017
The big four bank has announced that it has invested a further $5 million in a Sydney-based mortgage fintech, bringing... READ MORE
Nearly a fifth of people unsure how to get a better rate
by • 10 Oct 2017
New research sponsored by a non-bank lender has revealed that a third of Australians are “apathetic” about... READ MORE
ASIC to recover $9m from credit intermediaries
by • 10 Oct 2017
The financial services regulator has released indicative figures and its methodology for recovering the cost of its... READ MORE
Opinion: Commissions are great for consumers
by • 9 Oct 2017
The recent case of a Sydney home seller stung by a fixed-fee model proves why commissions are a tried and tested way of... READ MORE
Broker jailed for $170m mortgage fraud
by • 9 Oct 2017
A Victoria-based broker has been sentenced to five years' jail after pleading guilty to one charge of conspiring to... READ MORE
Heritage Bank resumes investor lending
by • 9 Oct 2017
The regional bank has announced that it has begun accepting new applications for investment home loans again and has... READ MORE
CBA has 'a bet each way' on mortgage channels
by • 9 Oct 2017
The outgoing CEO of CBA, Ian Narev, has said that the bank has “a bet each way” on mortgage distribution, backing... READ MORE
Bankwest launches home loan pricing tool
by • 9 Oct 2017
Non-major lender Bankwest has rolled out a pricing tool on its Home Lending Portal, which provides "real-time... READ MORE
Better Business Awards nominations open
by staff reporter • 6 Oct 2017
Nominations for the industry’s best brokers, lenders and service providers are now being accepted for The Adviser... READ MORE
Minority shareholder places mortgage fintech into administration
by • 6 Oct 2017
Parties associated with a minority shareholder of online mortgage platform LoanFlare have put the company into... READ MORE
FBAA calls out UBS conclusion as ‘assumptions’
by • 6 Oct 2017
The Finance Brokers Association of Australia has excoriated UBS for releasing reports “based on assumptions and not... READ MORE
Opinion: We need to focus on young talent in broking
by • 6 Oct 2017
The shape of mortgage broking tomorrow will all depend on how we support the young professionals of today.
READ MOREMajor brokerage says 1 in 4 now struggling with mortgage
by • 6 Oct 2017
One of Australia’s largest mortgage brokerages has found that borrowers are beginning to feel the burden of... READ MORE
RBA ‘just needs to relax’, says brokerage
by • 5 Oct 2017
The managing director of a mortgage broker–owned home loan brand has said that the RBA “just needs to relax” on... READ MORE
‘A third of IO borrowers don’t know they have an IO loan’: UBS
by • 5 Oct 2017
Banking analysts at UBS have suggested that a third of borrowers with interest-only loans “do not know or understand... READ MORE
Bluestone accepts VOI reports
by • 5 Oct 2017
The specialist lender has announced that it is now accepting identity reports for broker customers via the IDme and... READ MORE
Car finance manager pleads guilty to fraud
by staff reporter • 4 Oct 2017
Andrew Neville Hodgetts, a former finance manager for the Launceston Motor Group in Tasmania, has pleaded guilty to... READ MORE
Brokers have ‘completely changed’ their models
by • 4 Oct 2017
Local mortgage brokers are increasingly learning from their international counterparts and developing new and more... READ MORE
NSW mortgage rates differ by 1.91%
by • 4 Oct 2017
There is a “massive discrepancy” in home loan interest rates across NSW, even within the same suburbs, a new... READ MORE
RBA makes cash rate decision - Oct 2017
by Sasha Karen • 3 Oct 2017
The Reserve Bank of Australia has announced the official cash rate for October following its monthly board... READ MORE
CEO of ASB Bank to retire
by • 3 Oct 2017
The chief executive and managing director of New Zealand–based ASB Bank, a subsidiary of the Commonwealth Bank, has... READ MORE
Mortgage stress on the rise
by • 3 Oct 2017
Nearly one in six people is experiencing "mortgage stress", according to a new research from Roy Morgan... READ MORE
Salesforce guru to deliver ‘mind-blowing’ message to brokers
by • 3 Oct 2017
Mortgage brokers and aggregators will travel to Silicon Valley this month to hear from one of the world’s most... READ MORE
Brokerage completes $1m capital raise
by • 3 Oct 2017
N1 Holdings Limited (ASX:N1H) has completed the issue of five million unlisted, unsecured convertible bonds, enabling... READ MORE

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