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Regulation specialist suggests remuneration is 'inherently conflicted'

by Reporter • 16 Oct 2017
A lawyer specialising in the regulation space has suggested that broker remuneration is “inherently conflicted” but...READ MORE

Mortgage fintech looks to blockchain for home loans

by Reporter • 16 Oct 2017
The CEO and founder of an online mortgage platform has revealed that the fintech is looking into how it can utilise... READ MORE

Aggregator launches insurance business

by James Mitchell • 13 Oct 2017
Custom Equity Group CEO David Haythorn has chosen to launch a general insurance platform, Equitisure, after seeing the... READ MORE

Aussie Home Loans appoints new digital marketing agency

by Staff reporter • 13 Oct 2017
CBA-owned mortgage broker Aussie Home Loans has appointed Sydney-based Switched on Media as its digital marketing... READ MORE

Hong Kong-backed broker has $650m to fund new mortgage line

by James Mitchell • 13 Oct 2017
A Melbourne-based broker part-owned by one of Hong Kong’s largest real estate players is eager to use the third-party... READ MORE

Small Business Minister 'agrees' with ASIC remuneration review

by Reporter • 13 Oct 2017
The Hon Michael McCormack MP, Minister for Small Business, has said that he “agreed” with ASIC’s proposals for... READ MORE

‘Disclosure has limitations’, says FBAA

by Reporter • 12 Oct 2017
The executive chairman of the Finance Brokers Association of Australia has questioned why ASIC wants more reporting in... READ MORE

Major banks grilled over broker pay and ownership

by James Mitchell • 12 Oct 2017
Westpac has defended its ownership of a mortgage broker before a parliamentary committee by pointing to CBA’s... READ MORE

‘Yes, we repriced the back book’: ANZ defends rate hikes

by James Mitchell • 12 Oct 2017
The major bank CEO has explained how it was a first mover on mortgage repricing and why it made a decision to hike... READ MORE

Westpac group introduces new broker tool

by Reporter • 11 Oct 2017
Westpac and its subsidiaries have launched a new property valuation tool that aims to give mortgage brokers a... READ MORE

Specialist lender surpasses $1bn milestone

by Reporter • 11 Oct 2017
Bluestone Mortgages has surpassed the $1 billion milestone in settlements, with more than half of that coming in the... READ MORE

ASIC to review loan files of 'high IO' brokers

by Reporter • 11 Oct 2017
The financial services regulator has revealed that it will “shortly” begin contacting brokers that have a “high... READ MORE

Non-bank warns against commission changes

by James Mitchell • 11 Oct 2017
The chief executive of a non-bank lender has said that any reduction in broker remuneration will have an impact on the... READ MORE

Director of unlicensed payday lender banned

by Reporter • 10 Oct 2017
The financial services regulator has banned a director of a payday lender from engaging in credit activities for a... READ MORE

Westpac investing $26.5m in mortgage fintech

by Reporter • 10 Oct 2017
The big four bank has announced that it has invested a further $5 million in a Sydney-based mortgage fintech, bringing... READ MORE

Nearly a fifth of people unsure how to get a better rate

by Reporter • 10 Oct 2017
New research sponsored by a non-bank lender has revealed that a third of Australians are “apathetic” about... READ MORE

ASIC to recover $9m from credit intermediaries

by Reporter • 10 Oct 2017
The financial services regulator has released indicative figures and its methodology for recovering the cost of its... READ MORE

Opinion: Commissions are great for consumers

by James Mitchell • 9 Oct 2017
The recent case of a Sydney home seller stung by a fixed-fee model proves why commissions are a tried and tested way of... READ MORE

Broker jailed for $170m mortgage fraud

by Reporter • 9 Oct 2017
A Victoria-based broker has been sentenced to five years' jail after pleading guilty to one charge of conspiring to... READ MORE

Heritage Bank resumes investor lending

by Reporter • 9 Oct 2017
The regional bank has announced that it has begun accepting new applications for investment home loans again and has... READ MORE

CBA has 'a bet each way' on mortgage channels

by Reporter • 9 Oct 2017
The outgoing CEO of CBA, Ian Narev, has said that the bank has “a bet each way” on mortgage distribution, backing... READ MORE

Bankwest launches home loan pricing tool

by Reporter • 9 Oct 2017
Non-major lender Bankwest has rolled out a pricing tool on its Home Lending Portal, which provides "real-time... READ MORE

Better Business Awards nominations open

by staff reporter • 6 Oct 2017
Nominations for the industry’s best brokers, lenders and service providers are now being accepted for The Adviser... READ MORE

Minority shareholder places mortgage fintech into administration

by Reporter • 6 Oct 2017
Parties associated with a minority shareholder of online mortgage platform LoanFlare have put the company into... READ MORE

FBAA calls out UBS conclusion as ‘assumptions’

by Reporter • 6 Oct 2017
The Finance Brokers Association of Australia has excoriated UBS for releasing reports “based on assumptions and not... READ MORE

Opinion: We need to focus on young talent in broking

by James Mitchell • 6 Oct 2017

The shape of mortgage broking tomorrow will all depend on how we support the young professionals of today.

READ MORE

Major brokerage says 1 in 4 now struggling with mortgage

by James Mitchell • 6 Oct 2017
One of Australia’s largest mortgage brokerages has found that borrowers are beginning to feel the burden of... READ MORE

RBA ‘just needs to relax’, says brokerage

by Reporter • 5 Oct 2017
The managing director of a mortgage broker–owned home loan brand has said that the RBA “just needs to relax” on... READ MORE

‘A third of IO borrowers don’t know they have an IO loan’: UBS

by Reporter • 5 Oct 2017
Banking analysts at UBS have suggested that a third of borrowers with interest-only loans “do not know or understand... READ MORE

Bluestone accepts VOI reports

by Reporter • 5 Oct 2017
The specialist lender has announced that it is now accepting identity reports for broker customers via the IDme and... READ MORE
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