Broker
CBA to cut broker commissions
by Staff Reporter • 23 Apr 2008
Kathy Cummings, CBA head of third party banking, said this morning that the combined pressures of the last eight... READ MORE
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
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
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

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