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Lender

Calls for CBA to lift accreditation restrictions for mentees

by Reporter • 22 Jan 2018
Speaking to The Adviser after a discussion over CBA’s new accreditation process for new brokers dividing industry... READ MORE

ANZ agrees to pay $5m fine for responsible lending breaches

by Reporter • 19 Jan 2018
The Australian Securities and Investments Commission (ASIC) has announced that a settlement has been reached with ANZ... READ MORE

ING prohibits resi security for commercial loans

by Reporter • 17 Jan 2018
In a broker note, ING announced that it was making changes to its underwriting guidelines, which will be effective... READ MORE

Foreign sale of ANZ’s finance business falls through

by Reporter • 15 Jan 2018
On 21 December, it was revealed that New Zealand’s Overseas Investment Office (OIO) had blocked an attempt by ANZ... READ MORE

‘Micro-management’ of big banks drove me to broking, says lending...

by Reporter • 12 Jan 2018
Speaking to The Adviser, lending specialist at Regional Finance Solutions and former Commonwealth Bank and Westpac... READ MORE

Heritage updates credit policy

by Staff reporter • 11 Jan 2018
Heritage stated this week that it has made several updates, effective immediately, following a review of its credit... READ MORE

Finance company becomes new short-term commercial lender

by Reporter • 9 Jan 2018
N1 Holdings Limited — a holistic financial services provider covering mortgage broking, residential mortgages,... READ MORE

‘Broking is not a 9-to-5 job’

by James Mitchell • 5 Jan 2018
In seven years, YBR Earlwood principal Effie Nicol has built a successful mortgage broking business, but it didn’t... READ MORE

Major bank market share takes a hit

by Reporter • 2 Jan 2018
The latest AFG Competition Index found that major lender market share has “taken a hit”, falling to 62.5 per cent... READ MORE

James Symond on the benefits of being bank-owned

by James Mitchell • 27 Dec 2017
While much criticism has been directed towards vertical integration, in an era of increased compliance and squeezed... READ MORE

MLC Life says insurance advice is becoming ‘unviable’

by Aleks Vickovich and Killian Plastow • 21 Dec 2017
In a submission to the parliamentary inquiry into life insurance, the Japanese-owned life insurer said that focus... READ MORE

Suncorp reshuffles business development team

by Reporter • 20 Dec 2017
Mr Vogl was previously the bank’s state leader for intermediaries, running the SA and WA business development... READ MORE

Association heads question CBA’s new two-year rule

by Reporter • 19 Dec 2017
On Thursday (14 December), the Commonwealth Bank of Australia (CBA) announced that new mortgage brokers would soon be... READ MORE

Non-bank closes $300m CMBS transaction

by Reporter • 18 Dec 2017
Commercial property finance provider Think Tank Group (Thinktank) has successfully closed its third commercial... READ MORE

CBA to change commission structure by 30 June 2018

by Reporter • 18 Dec 2017
Speaking to The Adviser following CBA’s announcement that it would no longer accept accreditations from new... READ MORE
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