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BankWest guarantees broker commissions

by Staff Reporter • 21 Apr 2008
The announcement follows Westpac’s shock decision to slash broker commissions, fueling fears other major banks... READ MORE

Brokers? future in white labelling: Wilson National

by Staff Reporter • 18 Apr 2008
According to Wilson National managing director Geoff Wilson, brokers should stand by their brand and consider white... READ MORE

April 08: Cuts to broker commissions likely, says survey

by Staff Reporter • 18 Apr 2008
Of the 74 per cent of respondents that believe commissions will fall, 21 per cent anticipate cuts within the next six... READ MORE

Commissions cuts prompt media attack on brokers

by Staff Reporter • 16 Apr 2008
A number of tabloid daily newspapers this week claimed broker-originated mortgages were a more costly option for... READ MORE

MFAA calls on Government to secure funding sources

by Staff Reporter • 15 Apr 2008
Phil Naylor, chief executive of the MFAA, said the need for securitised sources of funding had never been more... READ MORE

Brokers back non-banks despite ASIC report findings

by Staff Reporter • 10 Apr 2008
According to the report, average non-ADI fees significantly exceed banks and mutuals. In particular, non-ADI early... READ MORE

MFAA warns of ?back to the future? danger for industry

by Staff Reporter • 4 Apr 2008
In a submission to the Senate Select Committee into Housing Affordability, MFAA CEO Phil Naylor said that competition... READ MORE

Brokers appreciate need for commission clawbacks: St George

by Staff Reporter • 26 Mar 2008
Mr Heavey’s comments follow the bank’s recent decision to change arrangements on broker commission... READ MORE

March 08: Proposed new laws may cripple broker distribution for...

by Staff Reporter • 18 Mar 2008
Of chief concern is Clause 33 of the proposed Bill – prepared for the Ministerial Council on Consumer Affairs by... READ MORE

Banks?profitability increases pressure on broker commissions

by Staff Reporter • 14 Mar 2008
Lenders need to radically review their use of brokers if they are to improve profitability, according to JPMorgan and... READ MORE

Leading mutual winds back broker originated business

by Staff Reporter • 11 Mar 2008
The credit union attributed the rising cost of funding mortgages and current conditions in securitisation markets... READ MORE

Broker commission cuts expected

by Staff Reporter • 10 Mar 2008
Of the 74 per cent of respondents that believed commissions will be reduced, 21 per cent anticipated changes within... READ MORE

Changed broker commission structure for new BankWest home loan

by Staff Reporter • 20 Feb 2008
Called the Rate Tracker home loan, the recently launched honeymoon rate product is the first in BankWest’s... READ MORE

Proposed national legislation could cripple broker distribution for...

by Staff Reporter • 18 Feb 2008
Of chief concern is Clause 33 of the proposed Bill, which requires brokers to determine a borrower’s capacity... READ MORE

Global institutions tighten lending standards

by Staff Reporter • 6 Feb 2008
The survey, which covered 56 American banks and 23 international institutions, found that commercial and industrial... READ MORE
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