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YBR announces raft of new appointments
by Annie Kane • 12 Nov 2018
The former head of broker services at Aussie Home Loans has been made YBR’s new head of operations, amid a swathe of...READ MORE
Major banks in favour of ‘customer first duty’ for brokers
by Tas Bindi • 12 Nov 2018
The major banks have agreed that an appropriately crafted best interests duty for brokers, different to that applied to... READ MORE
Bank proposes introduction of standardised commissions
by Charbel Kadib • 12 Nov 2018
Introducing an industry standard commission paid to brokers irrespective of the lender would help remove perverse... READ MORE
Lender enhances marketing kit for brokers
by Reporter • 12 Nov 2018
A non-bank lender has enhanced its marketing toolkit for brokers to help promote their services on social... READ MORE
Brokerage slams bank involvement on broker comms
by Annie Kane • 9 Nov 2018
A leading mortgage broking group has warned the royal commission that “asking banks to redesign the broker... READ MORE
Macquarie restricts SMSF loan offering
by Charbel Kadib • 9 Nov 2018
The non-major lender has said that it will only offer SMSF property lending through brokers with existing SMSF... READ MORE
Major banks reveal thoughts on broker remuneration to RC
by Annie Kane • 8 Nov 2018
The major banks have all voiced their support of the Combined Industry Forum’s broker remuneration reform package,... READ MORE
Bank announces remuneration changes
by Charbel Kadib • 8 Nov 2018
A lender has announced changes to its broker remuneration model, which include changes to partial repayment... READ MORE
FBAA warns RC over further disclosure on remuneration
by Annie Kane • 8 Nov 2018
The association has lodged its response to the royal commission’s interim report, arguing that brokers should not be... READ MORE
Regional bank mulling merger with credit union
by Reporter • 8 Nov 2018
A regional bank and credit union are discussing a potential merger that would bulk up their combined asset size to more... READ MORE
Loan Market rolls out collaboration platform to boost efficiency
by Reporter • 8 Nov 2018
The broking franchise has rolled out a new digital professional development platform designed for brokers seeking to... READ MORE
Mutual bank raises fixed rates for owner-occupiers
by Reporter • 7 Nov 2018
A mutual bank has lifted its fixed rates on owner-occupier mortgages by 10 basis points.
READ MORE
Digitisation to be key focus for major banks
by Annie Kane • 7 Nov 2018
Improving processes and customer service through better digital experiences and smarter use of data will be the key... READ MORE
RBA announces November cash rate
by Charbel Kadib • 6 Nov 2018
The central bank has announced its cash rate decision for the month of November following its monthly board... READ MORE
Westpac to roll out digital mortgage process to brokers
by Annie Kane • 6 Nov 2018
The big four bank has announced that it will roll out a new, fully digital home loan application offering to the broker... READ MORE
1 in 10 brokers say customers could be in serious debt
by Reporter • 6 Nov 2018
A new survey of brokers signals “tough times ahead” for mortgagors, with one in 10 suggesting that many of their... READ MORE
RC hearings to look at regulatory reform
by Annie Kane • 5 Nov 2018
The upcoming round of public hearings for the financial services royal commission will focus on misconduct and conduct... READ MORE
ING cuts investor fixed rates, raises OO rates
by Reporter • 5 Nov 2018
The non-major bank has cut its fixed rates on investment loans by up to 36 basis points while lifting its fixed rates... READ MORE
Macquarie unfazed by threat of broking reform
by Charbel Kadib • 5 Nov 2018
The non-major bank has said that it is “well positioned” in the broking space, stating that potential regulatory... READ MORE
How content catapulted one broker’s credibility
by Tas Bindi • 5 Nov 2018
The power of digital platforms as a credibility builder cannot be questioned, according to an elite broker whose... READ MORE
FHBs to benefit most from CCR
by Reporter • 5 Nov 2018
First home buyers will be the borrowing segment that will benefit most from comprehensive credit reporting, according... READ MORE
Brokers driving competition, pulling away from majors: MFAA
by Annie Kane • 2 Nov 2018
The third-party channel settled nearly $200 billion of home loans in the year to March, with a record share going to... READ MORE
Brokers, wholesale funder spur major bank lending rise
by Charbel Kadib • 2 Nov 2018
A big four bank has reported that the third-party channel has originated $9 billion in home loans over the past 12... READ MORE
Heartland Group starts trading on the ASX
by Tas Bindi • 2 Nov 2018
Heartland Group Holdings, under which its Australian reverse mortgage business operates, has begun trading on the... READ MORE
New mental health program to be rolled out for brokers
by Reporter • 2 Nov 2018
A mental health program trialled with brokers this week has been positively received and is expected to be rolled out... READ MORE
Major bank ‘highly dependent’ on brokers, says CEO
by Charbel Kadib • 1 Nov 2018
A big four bank has noted the “valuable” contribution that brokers have played in its mortgage growth and has... READ MORE
Aggregator triples loan volumes
by Reporter • 1 Nov 2018
A mortgage aggregator has announced that it has increased its settlement volumes by 230 per cent in the past 12... READ MORE
BDM leaves bank to set up brand coaching business
by Reporter • 1 Nov 2018
Suncorp’s Perth business development manager, Dino Pacella, is to leave the bank next week to set up his own brand... READ MORE
CBA appoints CEO of new ‘demerged’ broking business
by Annie Kane • 31 Oct 2018
The Commonwealth Bank of Australia has announced today that it has appointed a CEO and CFO for its “demerged”... READ MORE
Greens call for ownership reform in broking industry
by Charbel Kadib • 31 Oct 2018
Broking institutions should be “separately owned” from the institutions that “originate the products they sell”... READ MORE
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