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Industry leaders meet with federal Treasurer
by Reporter • 26 Sep 2018
Aussie CEO James Symond has brought together some of the broking industry’s biggest businesses and federal Treasurer...READ MORE
Heightened focus on expenses will ‘benefit the industry’
by Reporter • 26 Sep 2018
The current scrutiny on mortgagor expenses and affordability will “benefit the industry at the end of the day”, an... READ MORE
Bank reports $6.2bn boost in settlements
by Reporter • 26 Sep 2018
A non-major lender has reported “above system” mortgage growth and is expecting to further consolidate market share... READ MORE
High debt and higher rates to trigger arrears rise: Moody’s
by Reporter • 26 Sep 2018
High levels of household debt and higher interest rates are putting pressure on borrowers, with delinquencies set to... READ MORE
Major brokerage adds new lender to its panel
by Reporter • 26 Sep 2018
Mortgage Choice has announced adding a non-bank lender to its panel at a time when the banks are particularly cautious... READ MORE
APRA suggests broker networks could be made redundant
by Reporter • 25 Sep 2018
The FBAA has hit out at comments made by the chairman of APRA, who suggested that digital distribution and servicing... READ MORE
86% of investors to secure next loan through a broker
by Reporter • 25 Sep 2018
An increasing number of property investors are looking to secure their next loan through a mortgage broker as they seek... READ MORE
Top tips on running an award-winning brokerage
by Reporter • 25 Sep 2018
The director of multi-state brokerage Infinity Group Australia shares his insights and top tips on running an... READ MORE
ASIC provides last-ditch ‘relief’ for AFCA transition
by Reporter • 24 Sep 2018
The corporate regulator has provided “transition relief” for some credit representatives that have not yet obtained... READ MORE
Risk services firm defends HEM benchmark
by Reporter • 24 Sep 2018
The head of a risk services company has said that he “completely disagrees” that HEM would, or should, be... READ MORE
Non-major bank lifts investor variable loan rates
by Reporter • 24 Sep 2018
ING has announced that it is raising its variable interest rates for investor loans, a couple of months after lifting... READ MORE
The leading women in finance honoured
by Reporter • 21 Sep 2018
The winners of the 2018 Women in Finance Awards have been announced, with several leading mortgage brokers being... READ MORE
93% believe brokers have client interests at heart
by Reporter • 21 Sep 2018
The vast majority of customers believe that brokers have their clients’ interests at heart and are satisfied with the... READ MORE
YBR renews call for rejection of ‘unsolicited’ takeover bid
by Reporter • 21 Sep 2018
The financial services franchise has urged shareholders to “ignore all” correspondence from takeover aspirant... READ MORE
Brokerage joins forces with real estate firm
by Reporter • 21 Sep 2018
A mortgage brokerage operating out of Sydney and Melbourne has partnered with a NSW-based real estate firm.
READ MORE
Prospa reports 70% growth in new loans in FY18
by Tas Bindi • 21 Sep 2018
The small business lender originated $367 million in loans in the 2018 financial year, representing an increase of 70... READ MORE
Mortgage Broker Forum submits report to Treasury
by Reporter • 20 Sep 2018
A group of the country’s leading mortgage brokers have handed a report to Treasury that puts forward six... READ MORE
HEM ‘likely to be abandoned’, suggests aggregator
by Reporter • 20 Sep 2018
The use of and reliance on the Household Expenditure Measure could “[be] abandoned completely or at least its... READ MORE
Non-major bank raises variable home loan rates
by Tas Bindi • 20 Sep 2018
Bankwest has become the latest in a line of lenders to announce changes to its variable home loan rates out of cycle,... READ MORE
Bank reports 27.4% drop in loan volumes
by Reporter • 20 Sep 2018
A non-major lender has posted a 13.7 per cent profit increase, despite reporting a sharp decline in lending... READ MORE
Business financier celebrates growth, rebrands
by Reporter • 20 Sep 2018
Book Buyers Brokerage Australasia Finance (BBBSA), a boutique financial services lender, has announced that it will... READ MORE
Credit card reform to affect mortgage applications
by Reporter • 19 Sep 2018
A new responsible lending obligation imposed by the corporate regulator will expect credit licensees to “assume a... READ MORE
Major brokerage offers ‘guarantee’ to customers
by Reporter • 19 Sep 2018
A major brokerage has launched a new campaign that commits to providing customers with $100 if they don’t believe... READ MORE
Aggregator CEO highlights broker resilience
by Reporter • 19 Sep 2018
Brokers thrive in challenging environments and have demonstrated “time and time again” their resilience to changes... READ MORE
Non-bank lender changes broker commissions
by Reporter • 18 Sep 2018
A non-bank lender has announced that it will be changing the way upfront broker commissions are calculated from 12... READ MORE
Brokers targeted in major litigation proceedings
by Reporter • 18 Sep 2018
Maurice Blackburn Lawyers has confirmed that it is preparing court proceedings against the major banks and brokers in... READ MORE
‘Vast majority’ of brokers reaccredit with CBA
by Reporter • 18 Sep 2018
The major bank has finished its reaccreditation process for “inactive” brokers and will now begin contacting... READ MORE
Mike Baird to head up NAB broker partnerships
by Reporter • 17 Sep 2018
The former NSW Premier and Treasurer is to take up a new role as head of NAB’s retail banking business, responsible... READ MORE
Firstmac announces bid to acquire lender
by Reporter • 17 Sep 2018
The non-bank lender has announced the proposed acquisition of a Queensland-based lender, following its failed... READ MORE
Borrowers still opting for variable rates despite hikes
by Reporter • 17 Sep 2018
Out-of-cycle rate hikes from non-major banks have not weakened demand for variable rates. However, recent pricing... READ MORE
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