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July 08: ANZ restructures broker commissions
by Staff Reporter • 23 Jul 2008
But brokers can still maintain the current 0.70 per cent commission rate should they achieve sales volumes targets,... READ MORE
Diversified brokers unfazed by property slump
by Staff Reporter • 17 Jul 2008
Earlier this week John Edwards, chief executive of Residex, said that the current slowdown in property markets could... READ MORE
ING reveals new broker commissions
by Staff Reporter • 17 Jul 2008
The new structure, to be phased in from October this year, will be based on volumes and conversion levels and... READ MORE
Fed reveals responsible lending rules
by Staff Reporter • 15 Jul 2008
As part of the new rules, which come into effect in October next year, lenders will not be able to make any... READ MORE
Brokers braced for one-in-a-hundred year property slump
by Staff Reporter • 15 Jul 2008
There is a very real prospect of “a one-in-a-hundred-year slump”, John Edwards, CEO of Residex, told... READ MORE
Loan volume slump won?t hurt diversified brokers
by Staff Reporter • 10 Jul 2008
Over 60 per cent of respondents to Mortgage Business’ recent straw poll expected their business to grow in the... READ MORE
Brokers remain confident despite rate rise fears
by Staff Reporter • 9 Jul 2008
The St George rate hike came only days after the RBA decided to leave the cash rate unchanged.
Steve Lambert,... READ MORE
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
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