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Consolidation of lenders to be ‘big theme’ in 2019
by Annie Kane • 10 Dec 2018
Following Macquarie’s announcement that it will cease offering new white-label loans, the joint CEO of a non-bank... READ MORE
handshake

Brokerage announces new appointments
by Reporter • 10 Dec 2018
A national mortgage brokerage has announced the appointment of a new general manager of operations and a new state... READ MORE
Karen Chester

Productivity commissioner becomes new ASIC deputy chair
by Annie Kane • 10 Dec 2018
The government has appointed a new deputy chair to the Australian Securities and Investments Commission following the... READ MORE

Neo-lender appoints first broker head

by Annie Kane • 7 Dec 2018
A digital lender has appointed its first national manager for broker distribution to help develop its broker offering... READ MORE
Australian money

Expenses to be one of 2019’s ‘biggest challenges’: ING
by Annie Kane • 7 Dec 2018
The “operationalisation” of borrower living expenses will be one of industry’s “biggest challenges” next... READ MORE
Whistle

ASIC whistle-blower issues warning to brokers
by Charbel Kadib • 7 Dec 2018
The co-founder and director of a nationally recognised brokerage has issued a warning to his peers after being a... READ MORE
Arrow up

Bank hikes rates, reintroduces home loan fee
by Charbel Kadib • 7 Dec 2018
A regional bank has increased interest rates on its investor loan products and has introduced an establishment fee on... READ MORE

Major bank to change commissions next year
by Annie Kane • 6 Dec 2018
A big four bank has confirmed that it will be changing the way it calculates upfront commissions from next year, in... READ MORE
Brokers

Most brokers would dump CBA if comms go: HashChing
by Reporter • 6 Dec 2018
A majority of brokers would cancel their accreditation or avoid using Commonwealth Bank products if a fees-for-service... READ MORE
amp limited announce group leadership announcement amp logo building

AMP announces group leadership appointment
by Reporter • 6 Dec 2018
The financial services giant has announced the appointment of a group executive to its leadership team. READ MORE

Non-major bank announces new commission structure
by Annie Kane • 5 Dec 2018
Another bank has announced that it will be updating the way it pays broker commissions from 1 January 2019. READ MORE
Investment property

FHB activity underreported with 1 in 3 opting to invest
by Reporter • 5 Dec 2018
First home buyers could be more active than reported in official statistics, with over a third choosing to purchase an... READ MORE

RBA reveals pre-Christmas cash rate

by Tim Neary • 4 Dec 2018
The Reserve Bank announced its cash rate decision for the month of December this afternoon, set against a backdrop of a... READ MORE

ASIC bans three convicted brokers
by Reporter • 4 Dec 2018
The corporate regulator has permanently banned three Victorian-based brokers convicted for conspiring to defraud... READ MORE
Cash rolls

The arguments for and against fees
by Annie Kane • 4 Dec 2018
Given the royal commission’s focus on broker remuneration and commissions, brokers have been outlining their thoughts... READ MORE
cancelled stamp

ASIC cancels licences of financial services firm
by Reporter • 4 Dec 2018
The corporate regulator has announced that it has cancelled the ACL and AFSL of a Melbourne-based financial services... READ MORE
Housing loan growth

Regional bank reports strong housing loan growth
by Reporter • 4 Dec 2018
A non-major bank has seen a major uplift in housing loan growth in the past financial year, rising by $653 million in... READ MORE

Bank appoints new broker head
by Charbel Kadib • 3 Dec 2018
A non-major bank has announced the appointment of a new head of broker distribution. READ MORE
ANZ

ANZ CEO weighs in on the HEM debate
by Charbel Kadib • 3 Dec 2018
The use of the Household Expenditure Measure to assess serviceability was initially less common for broker-originated... READ MORE
Mentor program

Brokerage launches new mentor accreditation program
by Reporter • 3 Dec 2018
A major broking group has launched a new mentor accreditation program to help develop its experienced brokers into... READ MORE

Ombudsman clarifies new securitisation fund following ‘confusion’
by Annie Kane • 3 Dec 2018
The small business ombudsman has clarified what the $2 billion Australian Business Securitisation Fund will involve,... READ MORE

Straight-through processing could be achieved in 2019: Mogo
by Annie Kane • 3 Dec 2018
One aggregator and one lender could come out with a “straight-through processing solution” next year, the heads of... READ MORE
Woman talking on the phone

Women brokers on the decline: MFAA
by Reporter • 30 Nov 2018
While there is no gender pay gap in the mortgage broking industry, unlike financial services more broadly, the... READ MORE
Questions

The Adviser launches major borrower survey
by Reporter • 30 Nov 2018
The Adviser aims to highlight the experiences of borrowers through the retail and third-party channels through a... READ MORE
Brokers

Uncertainty over broker agency ‘surprising’: Bendigo chairman
by Charbel Kadib • 30 Nov 2018
The chairman of Bendigo and Adelaide Bank has said he was “surprised” that the roles and responsibilities of... READ MORE