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Breaking News
Broker-originated loans drop by whopping 8% at CBA
by Reporter • 9 Aug 2017
The proportion of new home loans being written by brokers to the Commonwealth Bank has dropped by a whopping 8 per...
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CBA confirms acquisition of major brokerage
by James Mitchell • 9 Aug 2017
The Commonwealth Bank of Australia has confirmed that it expects to wholly own Aussie Home Loans by the end of this...
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Brokers have their say on channel conflict
by Annie Kane • 9 Aug 2017
Several leading brokers have revealed their thoughts on channel conflict and how it has affected their businesses.
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One in five brokers still don't have a website
by James Mitchell • 8 Aug 2017
A new report has identified some alarming trends about the mortgage broking industry’s relationship with online...
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Credit union becomes first lender to trial Digital iD
by Reporter • 8 Aug 2017
Credit union CUA has become the first lender to trial a new digital identity verification service launched by...
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Liberty thanks brokers for support
by Reporter • 8 Aug 2017
Non-major lender Liberty has thanked the broking community for its support over the years as it celebrates its...
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Connective partners with real estate network
by James Mitchell • 8 Aug 2017
Major aggregator Connective has formed a strategic partnership with a global real estate network that recently...
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Bankwest throws support behind brokers
by Staff Reporter • 8 Aug 2017
The major bank subsidiary has been dialing up its support for the third-party channel with a range of online mortgage...
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Independent property portal launches tailoring tool
by Staff Reporter • 7 Aug 2017
In preparation for the spring selling season, one independent property portal has launched a tailored data-driven tool,...
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Major bank mortgages to go digital
by James Mitchell • 7 Aug 2017
Following the 1 August deadline for paperless refinancing, one major lender has explained how technology is reshaping...
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P&N Bank extends ties with Perth Wildcats
by Staff Reporter • 7 Aug 2017
P&N Bank has announced that it will be maintaining its partnership with the Perth Wildcats a few months before the...
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‘Time for me to step down’: MFAA chair
by James Mitchell • 4 Aug 2017
The industry association has named a new chair-elect to replace outgoing chair Cynthia Grisbrook.
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NAB asks brokers for more information on IO loans
by Reporter • 4 Aug 2017
Brokers wishing to place customers into an interest-only mortgage with NAB will be required to collect and provide...
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HashChing receives more than $9bn of loan applications
by Reporter • 4 Aug 2017
Online mortgage marketplace HashChing has celebrated its second birthday and revealed that it has received more than $9...
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Former big bank adviser charged with forging documents
by Lucy Dean • 4 Aug 2017
The Australian Securities and Investments Commission has charged a former adviser at NAB with forging financial...
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Cross-selling 'doesn’t work', says bank CEO
by Reporter • 4 Aug 2017
Suncorp Group CEO Michael Cameron has suggested that cross-selling products to customers “doesn’t work”, but has...
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Mortgage fraud case ‘reassuring’ for brokers
by Lucy Dean • 4 Aug 2017
In a “reassuring” verdict for brokers, the Supreme Court of New South Wales has ruled against a defendant who...
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CBA heads to court over money laundering allegations
by James Mitchell • 3 Aug 2017
Australia’s financial intelligence and regulatory agency initiated, on 3 August, civil penalty proceedings in the...
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Virgin Money raises IO rates by up to 50 bps
by Lucy Dean • 3 Aug 2017
Virgin Money is the latest to join the ranks of lenders raising rates on interest-only loans, increasing fixed rates by...
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Aussie sells nMB to Liberty Financial
by Reporter • 3 Aug 2017
Leading non-major lender Liberty Financial has acquired wholesale aggregator nMB from Aussie Home Loans, effective...
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New Broker Academy extended to Brisbane and Perth
by staff reporter • 3 Aug 2017
Due to popular demand, The Adviser’s New Broker Academy will visit Perth and Brisbane in October to equip new...
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Choice adds Virgin Money to lender panel
by Staff Reporter • 2 Aug 2017
Virgin Money has announced that it will be teaming up with major aggregator Choice Aggregation Services just a year...
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Major bank implements Sedgwick remuneration reforms
by James Mitchell • 2 Aug 2017
A big four bank has announced significant changes to its incentives program, following recommendations outlined in the...
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Mutuals lift IO rates by up to 50 bps
by Lucy Dean • 2 Aug 2017
Teachers Mutual Bank and its subsidiaries have announced a raft of rate hikes to their interest-only offerings, with...
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ANZ responds to media reports on broker appetite
by Staff Reporter • 1 Aug 2017
The major bank has issued a statement in response to recent claims made by AFR columnist Christopher Joye that the...
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