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Aggregator heads welcome election result, set sights on the future
by Annie Kane • 21 May 2019
Several leading representatives of the aggregation and broking groups have welcomed the outcome of the federal...READ MORE
Boutique aggregator appoints new head
by Charbel Kadib • 21 May 2019
A mortgage aggregator based in NSW has announced the appointment of a new head, who has committed to delivering a new... READ MORE
SME lender eyes growth after raising $8m
by Reporter • 21 May 2019
Non-bank lender Lumi has successfully completed an $8-million funding round to support its growth ambitions in the... READ MORE
Lenders put fixed rates on cutting board as demand slows
by Tas Bindi • 20 May 2019
More lenders have joined the fixed rate cut party amid declining demand.
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NAB reduces revenue threshold for QuickBiz loans
by Reporter • 20 May 2019
The major bank has reduced the minimum annual turnover limit for QuickBiz applications to make loans and overdrafts... READ MORE
Election 2019: What it means for brokers
by Annie Kane • 18 May 2019
The results of the federal election are in – but what does it mean for the broking industry? We unpack the key policy... READ MORE
YBR overhauls company, CEO to step down
by Annie Kane • 17 May 2019
Yellow Brick Road Holdings Limited has announced that it will create a “much simpler business” by disposing of its... READ MORE
Election Eve: Voters to determine the future of broker rem
by Charbel Kadib • 17 May 2019
The trajectory of broker remuneration reform is set to be determined tomorrow when voters take to the polls, with... READ MORE
Resimac introduces building cladding restrictions
by Tas Bindi • 17 May 2019
The non-bank lender has announced that a unit or apartment in buildings with non-compliant cladding will not be... READ MORE
ASIC consults on new complaints-handling rules
by Tas Bindi • 17 May 2019
The corporate regulator is seeking feedback on its newly proposed internal dispute resolution rules on how financial... READ MORE
Prospa confirms IPO, expects to list next month
by Annie Kane • 16 May 2019
Online SME lender Prospa has officially announced its initial public offering and said it expects to list on the ASX... READ MORE
Leading brokers urge peers to take action
by Annie Kane • 16 May 2019
ALIC’s Mark Davis and 1st Street’s Jeremy Fisher are among the leading brokers urging the industry to “fight for... READ MORE
Flurry of fixed rate cuts continues
by Reporter • 16 May 2019
Three banks have joined the fixed rate cutting trend as wholesale funding cost pressures ease.
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BOQ launches digital platform to improve turnaround times
by Reporter • 16 May 2019
The regional bank has expanded its service offering for mortgage brokers in a bid to improve turnaround times and... READ MORE
All brokers should ‘look into’ wealth advice, suggests broker
by Annie Kane • 16 May 2019
A leading Queensland-based broker has become a licensed wealth adviser and launched a financial planning service to his... READ MORE
Major bank broker flows diverge
by Charbel Kadib • 15 May 2019
The major banks have reported mixed results regarding the share of home loans originated through the broker... READ MORE
Brokers urged to help SMEs face election headwinds
by Ezekiel MacNevin • 15 May 2019
SME lenders are calling on brokers to help small businesses access finance to help them grow their business through... READ MORE
Most consumers ‘overestimate’ their financial knowledge
by Tas Bindi • 15 May 2019
Only 4 per cent of consumers are “justifiably confident” in their financial literacy, with the majority failing to... READ MORE
Former CBA area manager joins major brokerage
by Ezekiel MacNevin • 15 May 2019
Aussie Home Loans has announced the appointment of a new state manager to head its network of retail stores and brokers... READ MORE
Broker share hits record high for December quarter
by Charbel Kadib • 14 May 2019
The share of home loans originated by the broker channel has hit new heights for the December quarter, according to new... READ MORE
Mixed response to new First Home Loan Deposit Scheme
by Annie Kane • 14 May 2019
There have been mixed responses to the new First Home Loan Deposit Scheme, which has been backed by both Liberal and... READ MORE
Citi tightens home lending policy
by Reporter • 14 May 2019
The non-major has made changes to its mortgage lending policy in response to “changing dynamics” in the housing... READ MORE
Mortgage growth slips back into negative territory
by Reporter • 14 May 2019
A “lower than expected” fall in home loan approvals has been reported by the ABS for the month of March, signalling... READ MORE
Major bank cuts rates by up to 60bps
by Charbel Kadib • 13 May 2019
A big four bank and a non-major lender have announced variable and fixed mortgage rate reductions across both their... READ MORE
Former bank broker head joins fintech
by Annie Kane • 13 May 2019
The former head of broker distribution at Heritage Bank, Michael Trencher, has joined Trycall’s board of... READ MORE
REA reports revenue boost despite housing headwinds
by Reporter • 13 May 2019
The multinational property services giant has posted a 13 per cent increase in revenue despite continued weakness in... READ MORE
Non-major bank updates serviceability requirements
by Reporter • 13 May 2019
A non-major bank has made changes to its minimum serviceability ratio and updated its commercial debt serviceability... READ MORE
Trail won’t change ‘unless there is a serious problem’: Seselja
by Annie Kane • 10 May 2019
The Assistant Minister for Treasury and Finance has said that broker remuneration will be reviewed in three years’... READ MORE
Bank suspends loan pre-approvals
by Reporter • 10 May 2019
A non-major lender has announced that it has suspended pre-approvals for loan applications indefinitely.
READ MORE
Platform Finance adds non-bank lender to panel
by Reporter • 10 May 2019
Non-bank lender Classic Funding has been added to two lending panels.
READ MORE
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