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Heritage Bank

Non-major warns of banning broker commissions
by Annie Kane • 20 Feb 2019
A Queensland-based bank has publicly defended broker commissions, adding that it does not support “increasing the...READ MORE
Bank of Sydney

Lender launches new mortgage products
by Ezekiel MacNevin • 20 Feb 2019
The Bank of Sydney has launched a new basic mortgage product for owner-occupiers, with a similar property investment... READ MORE

Broker review of lending market launches
by Reporter • 20 Feb 2019
A major survey of the lending space has launched, calling on brokers to assess the performance of Australia’s... READ MORE
commonwealth bank cba broker renumeration emails

CBA emails reveal former broker remuneration plans
by Annie Kane • 19 Feb 2019
Emails between former CBA CEO Ian Narev and current CBA CEO Matt Comyn, released by the royal commission, have detailed... READ MORE
Question mark

‘Cuckoo land’ commission ban slammed
by Tas Bindi • 19 Feb 2019
The idea of a post-commission world where mortgage customers are better off is too idealistic, according to an... READ MORE

Non-bank pens open letter to brokers
by Annie Kane • 19 Feb 2019
A non-bank lender has written an open letter to brokers voicing its support of the channel and “the work they do... READ MORE

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
Citibank

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
Susan Mitchell

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
Pauline Hanson

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
Better Business Awards 2019

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

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
Michael Cameron Suncorp

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
Andrew Hadley

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
Australian House of Representatives

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
Kenneth Hayne

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
Adelaide Bank

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
Competition

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
Discussing

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
aussie ceo james symond banking royal commission impact recommendation negative repercussions

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
Loan application

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
New Zealand Flag

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
Deloitte

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
Adelaide Bank

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
Fintech digital technology

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
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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