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Commission cuts drive broker support for non-banks

by Staff Reporter • 17 Jun 2008
In a recent Mortgage Business poll, 71 per cent of respondents believed brokers would favour non-bank lenders as a... READ MORE

Suncorp latest to change broker commissions

by Staff Reporter • 11 Jun 2008
David Foster, Suncorp group executive of retail banking, told Mortgage Business this morning that the changes... READ MORE

New legislation should encompass ?inextricably linked? credit...

by Staff Reporter • 11 Jun 2008
While the association welcomed the proposed legislation it urged the government to encapsulate other credit products... READ MORE

Broker numbers to drop by 30pc

by Staff Reporter • 10 Jun 2008
According to Mark Hewitt, general manager of sales and operations at Australian Finance Group (AFG), market... READ MORE

Inquiry launched into the lending industry

by Staff Reporter • 6 Jun 2008
The inquiry, established at the request of Wayne Swan, will examine the state of the local mortgage market, the... READ MORE

UK house prices suffer May slide

by Staff Reporter • 30 May 2008
According to figures released by the building society overnight, the average house price now sits at £173,538... READ MORE

Three Australian cities rank in 50 most expensive global office...

by Staff Reporter • 29 May 2008
Sydney moved significantly up the list, leapfrogging Brisbane to regain its mantle as the most expensive Australian... READ MORE

Brokers divided on cross selling

by Staff Reporter • 28 May 2008
Brokers are now under pressure from banks to cross sell products such as transactional accounts, insurance and credit... READ MORE

Brokers unjustly carry burden of credit crunch: FBAA

by Staff Reporter • 26 May 2008
Peter White, FBAA national president, said a disproportionate component of the increased cost of funding fell on the... READ MORE

BankWest cuts 42 broker groups

by Staff Reporter • 26 May 2008
Mark Reid, head of retail sales with BankWest, told Mortgage Business that the move was part of a strategy to improve... READ MORE

May 08: BankWest guarantees broker commissions

by Staff Reporter • 21 May 2008
BankWest’s announcement comes hot on the heels of Westpac’s shock decision to slash broker commissions, fuelling... READ MORE

May 08: Commission cuts prompt media attack on brokers

by Staff Reporter • 21 May 2008
A number of tabloids have come out in recent weeks slamming broker-originated mortgages as a more costly option for... READ MORE

Broker numbers set to drop

by Staff Reporter • 12 May 2008
According to a recent Mortgage Business straw poll straw 89 per cent of respondents expected to see broker numbers... READ MORE

Bluestone committed to broker channel

by Staff Reporter • 8 May 2008
Speaking with Mortgage Business today, chief executive of Bluestone Peter McGuinness said the lender wished to be... READ MORE

NAB reveals vision for new broker industry

by Staff Reporter • 7 May 2008
Speaking at the NAB Broker Sydney roundtable, regional general manager Matt Lawler spoke of what he described as a... READ MORE
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