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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

Banks quitting reverse mortgages ‘spells opportunity’ for brokers

by Tas Bindi • 31 Oct 2018
The major banks’ withdrawal from the reverse mortgage market “spells opportunity” for brokers, the FBAA’s... READ MORE

No tech substitute for the ‘human touch’

by Reporter • 31 Oct 2018
The financial services sector should continue prioritising face-to-face human interaction when assisting clients,... READ MORE

Financial services firms urged to improve ethical frameworks

by Tas Bindi • 31 Oct 2018
Financial services entities should assess the ethical frameworks underpinning their governance models, the Governance... READ MORE

No trail should mean no clawbacks, says brokerage CEO

by Charbel Kadib • 30 Oct 2018
Commission clawbacks should be removed if regulators decide to ban trail commission, the CEO of a major brokerage has... READ MORE

Brokers well placed to advise upcoming ‘surge’ of FHBs

by Annie Kane • 30 Oct 2018
Mortgage brokers are well placed to help the upcoming “surge” of first home buyers make “better decisions” on... READ MORE

FHBs an outlier amid lending slump

by Charbel Kadib • 30 Oct 2018
Lending volumes are in a “holding pattern”, with first home buyers the only borrower segment to report a rise over... READ MORE

Mutual bank boosts focus on broker channel

by Reporter • 30 Oct 2018
Australian Unity has established a national third-party sales team and adopted technology to better service the broker... READ MORE

‘Corporate cop’ commences policing of CBA

by Charbel Kadib • 29 Oct 2018
An ASIC officer has begun monitoring the Commonwealth Bank’s governance and compliance processes, with the regulator... READ MORE

Aussie searching for its first chief digital officer

by Reporter • 29 Oct 2018
The mortgage broking franchise is currently on the search for its first chief digital officer following a leadership... READ MORE

Arrears drop but still ‘noticeably’ high

by Reporter • 29 Oct 2018
Home loan delinquencies fell in August but are 23 basis points higher than the monthly average, according to Standard... READ MORE

Bank announces new broker commission structure

by Annie Kane • 26 Oct 2018
Another large bank has announced that it will be changing broker remuneration “in line with Sedgwick... READ MORE

Bank imposes tighter credit policy

by Reporter • 26 Oct 2018
A non-major lender has updated its lender policy, now requiring brokers to provide “all credit-critical... READ MORE

Final day to respond to the RC

by Annie Kane • 26 Oct 2018
Anyone planning to submit a response to the financial services royal commission’s interim report must do so by 5pm... READ MORE

Another major bank changes broker commissions

by Charbel Kadib • 25 Oct 2018
Westpac Group has announced that it will introduce new changes to the way brokers are remunerated as part of a move to... READ MORE

Major brokerage appoints new CEO

by Charbel Kadib • 25 Oct 2018
A major mortgage brokerage has announced that it has appointed a new chief executive officer to help roll out the... READ MORE

Challenger banks back ‘critical’ broker channel

by Annie Kane • 25 Oct 2018
Three neobanks have outlined that they will be working closely with the “critical” third-party channel to... READ MORE

YBR to diversify offering as it aims to fill market ‘gap’

by Charbel Kadib • 25 Oct 2018
The group’s executive chairman, Mark Bouris, has outlined plans to broaden Yellow Brick Road’s loan offering, after... READ MORE

Brokerage sees drop in mortgages to big four

by Reporter • 25 Oct 2018
The big four banks’ share of broker-originated home loans is declining, with borrowers increasingly looking to... READ MORE

Homeloans and RESIMAC to consolidate

by Annie Kane • 24 Oct 2018
Non-bank lenders Homeloans Ltd and RESIMAC Ltd have announced that they are to consolidate into a single brand, subject... READ MORE

Mortgage Choice announces lender partnership

by Reporter • 24 Oct 2018
The broking franchise has announced the addition of a new lender to its panel, a move that would provide its network... READ MORE

New ‘mortgage warning’ platform launches

by Reporter • 24 Oct 2018
A cloud-based analytics platform that can provide early warning signs of issues in the mortgage market has been... READ MORE

Bank announces new head of broker 2

by Charbel Kadib • 23 Oct 2018

Heritage Bank has appointed a new head of broker distribution, effective immediately.

READ MORE

Australia’s ‘first’ blockchain lender sets sights on mortgages

by Annie Kane • 23 Oct 2018
Australia’s “first” mortgage blockchain lender, which is set to launch next year, is offering a crowdsourced... READ MORE

Consultation on mortgages a ‘fundamental human need’: ANZ CEO

by Annie Kane • 23 Oct 2018
The chief executive officer of ANZ has said that the need to talk to a person about buying a home is a “fundamental... READ MORE
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