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Former Mortgage Choice GM joins Class
by Reporter • 19 Feb 2019
Andrew Russell, the executive general manager, financial services, at REA Group and former GM of Mortgage Choice, will...READ MORE
Citi affirms commitment to broker channel
by Charbel Kadib • 18 Feb 2019
The non-major lender has unveiled a new broker strategy and expressed support for the third-party channel amid... READ MORE
Treasurer urged to initiate industry consultation
by Charbel Kadib • 18 Feb 2019
Mortgage Choice CEO Susan Mitchell has called on the federal government to open consultation with the broking... READ MORE
One Nation rallies behind brokers, backs trail
by Charbel Kadib • 18 Feb 2019
Commissioner Kenneth Hayne’s recommendation to ban upfront and trailing commissions paid to brokers would... READ MORE
South Australian brokers celebrated at Better Business Awards 2019
by Annie Kane • 15 Feb 2019
James Schulze, director and broker at Rise High Financial Solutions, has been awarded as SA’s Best Residential Broker... READ MORE
Government and opposition battle on broker front
by Charbel Kadib • 15 Feb 2019
Australia's major parties have battled it out on the floor of parliament, with the topic of broker remuneration taking... READ MORE
Bank CEO renews support for standardised commissions
by Charbel Kadib • 15 Feb 2019
Standardising the rate of upfront commission paid to brokers may be a potential solution to conflicted remuneration,... READ MORE
Mutual bank CEO voices support for broker channel
by Reporter • 15 Feb 2019
The chief executive of a mutual bank has called for caution around the implementation of Commissioner Hayne’s... READ MORE
MPs slam call to ban upfront commissions
by Charbel Kadib • 14 Feb 2019
Coalition government MPs have railed against reforms that would “ride roughshod” over brokers and enhance the power... READ MORE
Non-major bank supports Hayne’s proposals
by Tas Bindi • 14 Feb 2019
A non-major bank has implied that it does not expect to be heavily impacted by Commissioner Hayne’s recommendations... READ MORE
Bank adjusts credit policy for bridging loans
by Reporter • 14 Feb 2019
A non-major lender has announced changes to its credit policy for bridging loan applications.
READ MORE
Better Choice announces new products
by Ezekiel MacNevin • 14 Feb 2019
A mortgage manager has announced the addition of new loan products to its suite of... READ MORE
Netherlands model was ‘a failure’: Sam White
by Annie Kane • 13 Feb 2019
The head of the major brokerage has disputed Commissioner Hayne’s suggestion that the Netherlands consumer-pays model... READ MORE
Fee-for-service to ‘significantly reduce’ competition: AMP
by Tas Bindi • 13 Feb 2019
A chief economist has conceded that a consumer-pays remuneration model is likely to have a significant adverse impact... READ MORE
RC commentary has ‘missed’ key aspect of broker role
by Reporter • 13 Feb 2019
The CEO of a major aggregator has said that the commentary around the value of brokers has “missed” an “important... READ MORE
Still time to bring ‘common sense’ to trail debate
by Tas Bindi • 13 Feb 2019
Not all hope is lost for mortgage brokers as there is still time to bring “sense and balance” to the remuneration... READ MORE
Brokerage heads warn of banking royal commission impacts
by Annie Kane • 12 Feb 2019
Changing broker remuneration off the back of the royal commission’s recommendations could cause “significant... READ MORE
Lender simplifies specialist loan applications
by Ezekiel MacNevin • 12 Feb 2019
Non-bank mortgage provider Resimac has announced a range of simplifications to its specialist loan applications,... READ MORE
Prime Minister backs broker channel
by Annie Kane • 11 Feb 2019
Prime Minister Scott Morrison has voiced his support for the broker channel and outlined their important role in the... READ MORE
Non-bank lender expands leadership team
by Annie Kane • 11 Feb 2019
A non-bank lender has appointed three new executive general managers to support its growth and “further strengthen... READ MORE
NZ mulling Hayne’s recommendations
by Tas Bindi • 11 Feb 2019
The New Zealand government revealed that it is reviewing Commissioner Hayne’s final report and its implications for... READ MORE
RC reforms would not ‘sound death knell’: Deloitte
by Charbel Kadib • 11 Feb 2019
Commissioner Hayne’s call for a borrower-pays remuneration model and introduction of a “best interest duty” for... READ MORE
Bank withdraws from low-doc space
by Reporter • 11 Feb 2019
A non-major lender has removed its low-doc loan offering for new and existing customers to “align with industry... READ MORE
Online brokerage launches mortgage monitoring tool
by Annie Kane • 11 Feb 2019
Online mortgage broker uno Home Loans has launched a digital monitoring tool, allowing customers to compare their home... READ MORE
Trail book buyers call for calm over RC recommendations
by Annie Kane • 8 Feb 2019
The heads of two leading trail book buyers have voiced disappointment at the recommendation for trail commissions to be... READ MORE
Non-banks voice support for brokers following RC
by Annie Kane • 8 Feb 2019
Several non-bank lenders have been voicing their support for the broker channel and highlighting their dependence on... READ MORE
Comyn mulling RC impact on demerger
by Charbel Kadib • 8 Feb 2019
The Commonwealth Bank CEO is considering the impact of the banking royal commission’s recommendations concerning... READ MORE
Homeowner financial comfort declines
by Ezekiel MacNevin • 8 Feb 2019
The financial inequality gap in Australia has narrowed for the first time in seven years but homeowners’ financial... READ MORE
Major campaign launches to showcase broker value
by Annie Kane • 7 Feb 2019
A national campaign has been launched by a coalition of industry players to demonstrate the competition and choice that... READ MORE
Brokers ramp up political engagements following banking royal...
by Annie Kane • 7 Feb 2019
The broking industry has been on the offensive in the past week, meeting MPs, writing letters and campaigning for the... READ MORE
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