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No ‘smoking gun’ in broking industry, says Deloitte
by James Mitchell • 17 May 2017
A Deloitte partner has highlighted the positive outcomes of the ASIC and Sedgwick reviews into broker remuneration and...
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Bank launches AI ‘home loan assistant’
by Reporter • 16 May 2017
A new chatbot has been launched by UBank to help answer customers’ home loan questions, in what is being billed as...
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First bank to move will have ‘hell to pay’
by James Mitchell • 15 May 2017
The head of a major aggregator says the big banks have plenty of ways to absorb the government’s $6.2 billion levy...
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Pepper reveals details of upcoming roadshow
by Staff reporter • 15 May 2017
Brokers will be given access to Pepper’s head of credit and be the first to experience the company’s new digital...
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Credit ombudsman supports royal commission into banks
by James Mitchell • 12 May 2017
The chief executive of the Credit and Investments Ombudsman has supported calls for a royal commission into the major...
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Aussies getting ‘fleeced’ by major banks, says HashChing
by Reporter • 11 May 2017
A recent analysis conducted by the online mortgage marketplace has claimed that borrowers with the big four are paying...
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Lender’s SME loan product swells by 52%
by Reporter • 9 May 2017
A leading specialist lender has revealed that one of its SME loan products has recorded a 52 per cent rise in volumes...
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Non-bank director loses banning appeal
by Reporter • 9 May 2017
The Administrative Appeals Tribunal has affirmed ASIC’s banning of former Provident Capital MD Michael O’Sullivan...
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Bank increases owner-occupier variable rates
by Reporter • 9 May 2017
Heritage Bank has increased variable interest rates on selected products by 10 basis points as a result of “ongoing...
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Banks to work with broking industry on commission changes
by James Mitchell • 8 May 2017
The CEO of Australia’s largest brokerage is confident that the banks will consult with the third-party channel before...
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