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Broker donates trail to charity

by Reporter • 22 Jun 2018
A Western Sydney-based broker is donating 10 per cent of his trail commission to charity to help support victims of...READ MORE

Former CBA boss weighs in on broker commissions

by Tas Bindi • 22 Jun 2018
A former CBA chief executive has expressed his views on a potential “dilemma” with mortgage broker commissions and... READ MORE

Federal Court approves CBA’s $20m settlement over BBSW manipulation

by Tas Bindi • 22 Jun 2018
The Federal Court has approved Commonwealth Bank’s $20 million settlement with ASIC for manipulating the bank bill... READ MORE

Mutual home loan growth outpaces big four

by Reporter • 21 Jun 2018
The latest quarterly statistics from the prudential regulator show strong growth for the customer-owned banking... READ MORE

Future credit tightening to be ‘modest’: RBA

by Reporter • 21 Jun 2018
The central bank has noted the recent fall in home loan approvals, driven by tighter credit conditions, and is... READ MORE

Opinion: Brokers are battling for Aussie mortgage prisoners

by James Mitchell • 21 Jun 2018
Mortgage brokers are fighting against the tide of regulation that is stripping borrowers of their options and leaving... READ MORE

ING loses long-serving broker head

by Tas Bindi • 21 Jun 2018
The non-major bank’s head of third-party distribution and direct mortgages has left the group and is understood to... READ MORE

Home prices to fall by 10% in Sydney and Melbourne: ANZ

by Reporter • 20 Jun 2018
The major bank is expecting home values to decline by 10 per cent peak to trough in response to restricted access to... READ MORE

Aggregators will have to evolve, says Aussie CEO

by Reporter • 20 Jun 2018
The CEO of Aussie has outlined his belief that aggregators will need to evolve in the near future to provide more... READ MORE

British brokers double their money in five years

by James Mitchell • 20 Jun 2018
New data has revealed that British mortgage brokers managed to double their revenue in five years while reducing their... READ MORE

Parliamentary committee to put ASIC under the spotlight

by Reporter • 20 Jun 2018
The financial services regulator will face scrutiny from the House of Representatives Standing Committee on Economics... READ MORE

Major banks back on the stand as RC rolls on

by Reporter • 20 Jun 2018

The witness list for the next round of hearings for the banking royal commission has been announced.

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‘Structural shift’: Big four losing broker business

by James Mitchell • 19 Jun 2018
Australia’s challenger banks are seeing a greater share of third-party mortgages as the big four continue to lose... READ MORE

Broker launches TV adverts to back broker channel

by Reporter • 19 Jun 2018
A Tasmania-based broker has embarked on a campaign to boost financial literacy and strengthen the public’s perception... READ MORE

Lenders slashing high LVR home loans: RateCity

by Reporter • 19 Jun 2018
The number of lenders offering low-deposit home loans has dropped by 44 per cent in the past three years, new RateCity... READ MORE

Pay rise on the cards for franchisees

by James Mitchell • 18 Jun 2018
Morningstar is confident that Mortgage Choice brokers will receive a significant boost in commissions next financial... READ MORE

Home loan arrears rise in first quarter of 2018

by Reporter • 18 Jun 2018
Mortgage delinquencies rose over the first quarter of 2018 for both owner-occupied and investment home loans, according... READ MORE

Bluestone expands BDM team ahead of growth

by Reporter • 18 Jun 2018
The non-bank lender has announced that it has hired six new business development managers across three different states... READ MORE

Why this broker set up her own networking group

by Reporter • 18 Jun 2018
NSW broker and Better Business Awards winner Louisa Sanghera reveals why she set up her own networking group in the... READ MORE

Broker market share reaches new highs

by Reporter • 15 Jun 2018
The proportion of loans written by the third-party channel in the March quarter has reached its highest figure ever,... READ MORE

Average mortgage could be $1.45m by 2043

by Reporter • 15 Jun 2018
The median value of Australian houses could reach $2.9 million in the next 25 years, with the average mortgage size... READ MORE

NSW borrowers getting better rates than Queenslanders

by Reporter • 15 Jun 2018
Lenders are providing better loan rates to their customers in New South Wales than in Queensland, according to recent... READ MORE

Fixed rate demand drops for eighth consecutive month

by Reporter • 15 Jun 2018
As the cash rate continues its record-breaking run of inertia, borrowers are still looking to capitalise on continually... READ MORE

Futurist outlines his vision of the future of broking

by Reporter • 14 Jun 2018
Futurist, author and start-up founder Brett King has suggested that mortgage brokers would need to broaden their... READ MORE

Westpac to halt consumer mortgages for business purposes

by Tas Bindi • 14 Jun 2018

The major bank will stop accepting consumer home loans for predominantly business purposes from next week.

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Brokers forced to make hard decisions on expenses, serviceability

by James Mitchell • 13 Jun 2018
Mortgage brokers in their first two years in business have been presented with realistic and difficult questions on... READ MORE

FBAA evolves national conference

by Reporter • 13 Jun 2018
The theme for the Finance Brokers Association of Australia’s annual conference will be “evolution”, as the... READ MORE

Rising star shares his tips for success

by Reporter • 13 Jun 2018
New broker and rising star Bernard Desmond has revealed some of his top tips for new brokers at the ongoing New Broker... READ MORE

Westpac cuts referral ties with Prospa

by Tas Bindi • 13 Jun 2018
The major bank’s referral relationship with small business lender Prospa has come to an end, as the bank looks to... READ MORE

Heritage Bank appoints first chief risk officer

by Reporter • 12 Jun 2018
The non-major bank has announced the appointment of RESIMAC’s former head of enterprise risk to the newly created... READ MORE
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