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Broker focus underlies Bankwest branch closures
Bankwest will close its east coast branches across four states and will focus investment in its digital and broker services, it has explained.
LENDER • Wed, 21 Sep 2022
Open banking trust lifts security bar
While all parts of the financial chain need to be connected in open banking, security protecting consumer “explicit consent” remains key, an ANZ Bank think tank revealed
TECH • Tue, 20 Sep 2022
Banks closed on Queen’s mourning day
The Australian Banking Association (ABA) has reminded customers that 22 September will be a “bank close day” for mourning her majesty, Queen Elizabeth II.
LENDER • Tue, 20 Sep 2022
Big 4 warned: Brokers drive growth
Brokers contributed around 70 per cent of all Great Southern Bank home lending in its first year as a bank, quantifying increasing consumer preference towards the broker ...
LENDER • Mon, 19 Sep 2022
Clawback a ‘constant problem’ amid rising rates
Broker market share is on the rise but clawbacks in a rising-rate environment are a constant problem, warns FBAA managing director Peter White.
BROKER • Sun, 18 Sep 2022
Metaverse could boost property sales efficiency
Will the metaverse simply be “a more efficient way” of selling or buying property in future? ANZ banking lead Nigel Dobson proffered the thought recently.
TECH • Tue, 13 Sep 2022
Clawbacks v cashbacks: New MFAA CEO speaks
New Mortgage & Finance Association of Australia (MFAA) chief executive Anja Pannek hits the ground running and prioritises listening to member challenges and ...
BROKER • Mon, 12 Sep 2022
Big four pass on latest rate hike
All four major banks plus Macquarie, Bendigo, Adelaide and ING will pass on last week’s 50-bp rate hike.
BORROWER • Mon, 12 Sep 2022
R U OK? Brokers encouraged to ask and answer
The power of good communication is again in focus this annual R U OK? Day as Australia powers through mental challenges post-pandemic.
GROWTH • Wed, 07 Sep 2022