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Association launches defence of the broker channel
by Reporter • 12 Jun 2018
The MFAA has launched a defence of the broking industry, refuting allegations of poor consumer outcomes and bringing...READ MORE
Brokers consider viability of franchise model
by James Mitchell • 12 Jun 2018
Recent media reports on a major mortgage group have led brokers to debate the role of franchising in the third-party... READ MORE
RC tipped to impact broker-adviser relations
by Killian Plastow • 12 Jun 2018
Ties between mortgage brokers and financial planners will be more important than ever in the aftermath of the royal... READ MORE
Borrowers urged to switch mortgage providers
by Reporter • 11 Jun 2018
The average home loan customer could save up to $82,000 by switching from a major bank, according to new research from... READ MORE
Sub-aggregator appoints new BDM
by Reporter • 11 Jun 2018
Mortgage and finance sub-aggregator Buyers Choice has announced the appointment of a new national business development... READ MORE
Whitepaper on broker value released
by Reporter • 11 Jun 2018
EXCLUSIVE: A leading mortgage broker has released his whitepaper on the value of brokers for use by the industry,... READ MORE
‘Brokers of the future’ will offer advice, says broker
by Reporter • 11 Jun 2018
The broker of the future may need to consider having a dual diploma that will enable them to offer financial advice,... READ MORE
Pepper Money expands AFL partnership
by Reporter • 11 Jun 2018
The non-bank lender has announced that it has broadened its partnership with an AFL club to include a women’s team... READ MORE
Rebound in credit growth unlikely: CoreLogic
by Reporter • 8 Jun 2018
Regulatory measures and a subdued housing market are continuing to dampen credit growth, with no sign of a recovery on... READ MORE
RC hearings too short to cover ‘breadth’ of cases: Ombudsman
by Tas Bindi • 8 Jun 2018
The Small Business Ombudsman has called for another set of royal commission hearings to investigate more cases of... READ MORE
FBAA marks 25-year anniversary
by Reporter • 8 Jun 2018
The Finance Brokers Association of Australia will this month mark its 25th year of being, after first forming in... READ MORE
ASIC permanently bans former Connective broker
by Reporter • 7 Jun 2018
The corporate regulator has permanently banned a former Connective broker and NAB financial adviser for engaging in... READ MORE
Frustration mounts as lenders’ expense policies lack clarity
by Reporter • 7 Jun 2018
A leading broker has voiced frustration over the lack of clarity from lenders over the documentation and evidence they... READ MORE
Mortgage Choice refutes allegations
by Reporter • 7 Jun 2018
The ASX-listed broking group has responded to media criticism regarding a high-sales culture and poor remuneration... READ MORE
Over 30% of family income going towards mortgage
by Reporter • 6 Jun 2018
The latest Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows an improvement in... READ MORE
Major banks expected to ‘clamp down’ on commissions
by Reporter • 6 Jun 2018
Over two-thirds of brokers are expecting the major banks to make changes to their remuneration models, a new survey has... READ MORE
Opinion: Mortgage Choice belongs in franchise sin bin
by James Mitchell • 5 Jun 2018
Mortgage Choice has become the latest in a long line of Australian franchise businesses to come under fire. While... READ MORE
Westpac announces third-party reshuffle
by Reporter • 5 Jun 2018
The major bank has announced changes to its third-party distribution team.
READ MORE
Brokerage brings in two new state managers
by Reporter • 5 Jun 2018
Resolve Finance has appointed a new state manager for Western Australia and another for Victoria to help grow its... READ MORE
Cash rate stagnation continues
by Reporter • 5 Jun 2018
The Reserve Bank of Australia has today announced the official cash rate for June following its monthly board... READ MORE
Major brokerage to overhaul remuneration structure
by Reporter • 5 Jun 2018
A brokerage has announced that it will be undertaking a review of its franchisee remuneration structure, with a view of... READ MORE
ASIC flags credit repair risks
by Reporter • 4 Jun 2018
The regulator is running a month-long campaign to warn consumers about the risks associated with seeking credit repair... READ MORE
Boost in bank standards to be ‘short-lived’
by Reporter • 4 Jun 2018
An improvement in banking standards, borne out of the financial services royal commission, will be short-lived,... READ MORE
Brokers warned about app scams
by James Mitchell • 4 Jun 2018
Potential web innovators are being warned about the dangers of being “done over” by app developers claiming to be... READ MORE
‘It’s time for greater clarity around broker obligations’
by James Mitchell • 4 Jun 2018
The head of a major mortgage brokerage says that the industry is selling itself short by adhering to “odd” and... READ MORE
Regional markets offsetting national home value drop
by Reporter • 4 Jun 2018
Continual growth in dwelling values across Australia’s regional markets has offset a “broader” decline... READ MORE
Banks deny allegations of cartel conduct
by Reporter • 1 Jun 2018
Citigroup, Deutsche Bank and ANZ have all vehemently denied allegations of cartel conduct that are being brought... READ MORE
Mortgagors ‘better off’ today despite high home prices: RateCity
by Reporter • 1 Jun 2018
Australian borrowers are better off now than they were 28 years ago, despite slow inflation and wage growth, according... READ MORE
‘Banks cannot discharge legal obligations to brokers’, says lawyer
by Reporter • 1 Jun 2018
A former ASIC lawyer has said that admissions from the banks that they relied on brokers to verify borrower living... READ MORE
Analysis: How big are the non-bank lenders?
by James Mitchell • 1 Jun 2018
With limited information available about the size and market share of Australia’s non-ADI mortgage sector, The... READ MORE
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