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Mortgage brokers urged to ride the ‘energy wave’
by Reporter • 16 Apr 2019
There is an “enormous opportunity” for mortgage brokers to expand into the energy sector, according to an asset...READ MORE
Neo-lender banks on brokers with new partnership
by Charbel Kadib • 15 Apr 2019
A new entrant in the lending space has partnered with a mortgage aggregator to secure a national distribution network... READ MORE
APRA to take on new responsibilities
by Eliot Hastie • 15 Apr 2019
APRA is ready to take on new responsibilities and adopt a broader focus in their activities, according to an... READ MORE
YBR makes progress on $300m securitisation initiative
by Charbel Kadib • 15 Apr 2019
The third-party mortgage and advice business is one step closer to securing a $300 million RMBS warehouse facility... READ MORE
Former REA Group executive joins FlexiGroup
by Reporter • 15 Apr 2019
FlexiGroup has appointed a former media executive at REA Group to the position of chief revenue officer.
READ MORE
ASBFEO calls on brokers to help SMEs
by Annie Kane • 12 Apr 2019
The small business ombudsman has highlighted the need for brokers to help SMEs accessing finance, noting that it could... READ MORE
Former ASIC chair condemns broker commission ban
by Reporter • 12 Apr 2019
A senior official at the OECD is the latest to denounce commissioner Hayne’s recommendation to abolish lender-paid... READ MORE
BOQ’s sharp mortgage slump offset by broker growth
by Charbel Kadib • 12 Apr 2019
Growth in home loan settlements via the broker channel has softened the blow of the non-major's negative mortgage... READ MORE
MFAA code of practice gains interim authorisation
by Ezekiel MacNevin • 12 Apr 2019
The MFAA has recently been granted interim authorisation to enforce its Code of Practice as it awaits “final... READ MORE
In Memoriam: Don Martyn, 1955-2019
by Annie Kane • 11 Apr 2019
Don Martyn, a long-serving broker and keen sailor, has passed away at the age of 64 following a heart attack.
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CBA pays additional compensation for advice failings
by Reporter • 11 Apr 2019
ASIC has released its final report on the major bank’s compliance with financial advice licence conditions,... READ MORE
CoreLogic launches mortgage portfolio analytics tool
by Reporter • 11 Apr 2019
The property data and analytics provider has announced the launch of a new tool designed to help lenders identify... READ MORE
Brokers of the future will offer ‘whole home’ experience
by Annie Kane • 10 Apr 2019
The banks and brokers “of the future” will deliver a “whole home” experience for customers, from mortgages to... READ MORE
Bendigo drops variable home loan rates
by Reporter • 10 Apr 2019
The non-major lender has reduced owner-occupied home loan rates by up to 20 basis points on two of its mortgage... READ MORE
Two-fifths forgo home ownership to maintain appearances
by Ezekiel MacNevin • 10 Apr 2019
More than a third of Australians are reportedly choosing to “forgo buying their own home in order to keep up... READ MORE
ASIC releases update on enforcement of financial misconduct
by Reporter • 10 Apr 2019
The corporate regulator has published an update of its enforcement work, which include its enforcement of misconduct... READ MORE
Senator ‘yet to be convinced’ of trail utility
by Charbel Kadib • 9 Apr 2019
Another Senate crossbencher has weighed in on proposed changes to broker remuneration, questioning the validity of... READ MORE
Prospa launches new line of credit facility
by Annie Kane • 9 Apr 2019
Following broker feedback, the small business lender has developed a new line of credit facility for SMEs.
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Macquarie appoints new head of broker
by Charbel Kadib • 8 Apr 2019
The non-major lender has announced changes to its third-party team, including the appointment of a new head of broker... READ MORE
Crossbencher rebukes proposed trail ban
by Charbel Kadib • 8 Apr 2019
The broking industry should not be “regulated out of existence”, a former Senate crossbencher has said, adding that... READ MORE
Resimac unveils new broker support team
by Reporter • 8 Apr 2019
The non-bank lender has launched a broker support initiative designed to provide the third-party channel with timely... READ MORE
Borrowers imprisoned by tighter credit
by Reporter • 8 Apr 2019
Drawing on the experiences of her own clients, an award-winning Sydney-based mortgage broker has noted the struggles... READ MORE
CBA’s NewCo CEO appointed to FSC board
by Reporter • 8 Apr 2019
Three new faces have joined the Financial Services Council board, including the CEO of Commonwealth Bank’s... READ MORE
Labor ‘sticks to their guns’ on broker commissions
by Annie Kane • 5 Apr 2019
The CEO of a mortgage neo-lender met with shadow treasurer Chris Bowen this week, suggesting that Labor is “sticking... READ MORE
Bankwest launches valuation tool for brokers
by Charbel Kadib • 5 Apr 2019
The lender has announced the launch of a new tool designed to simplify the valuation process for brokers and their... READ MORE
ASIC’s new product intervention powers becomes official
by Tas Bindi • 5 Apr 2019
A new bill requiring product issuers to ensure products are targeted and offered to the right customers, as well as... READ MORE
Mortgage arrears rate to continue climbing: Moody’s
by Charbel Kadib • 4 Apr 2019
The home loan delinquency rate has increased year-on-year and is set to continue rising throughout 2019, according to... READ MORE
1 in 2 borrowers facing mortgage hardship
by Reporter • 4 Apr 2019
Almost half of borrowers are struggling to meet their home loan repayments, new research from Finder has... READ MORE
Broking industry heads tentatively welcomes Coalition’s budget
by Annie Kane • 4 Apr 2019
Several members of the mortgage broking industry have voiced support of the Coalition government’s budget for 2019-20... READ MORE
ING announces commercial credit policy changes
by Charbel Kadib • 3 Apr 2019
The non-major lender has announced changes to its commercial credit policy, including a sharp increase to the maximum... READ MORE
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KNOWLEDGE CENTRE
The Accountants SME Playbook
KNOW MOREUnderstanding management of Australian tax system complaints: The key...
KNOW MORESuccession planning in a time of crisis
KNOW MOREOverview of banks and capabilities for SME clients
KNOW MOREThe incoming insolvency storm
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