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Fraudsters target brokers in Sydney hotspots

by James Mitchell • 21 Jun 2017
Incidents of fraud through the broker channel are skyrocketing, according to Equifax, which has now revealed the top...READ MORE

Pepper launches ‘revolutionary’ mortgage tools

by James Mitchell • 21 Jun 2017
The global financial services group has leveraged technology to provide two ground-breaking new offerings to the... READ MORE

Westpac hikes rates by 34 points

by James Mitchell • 20 Jun 2017
The major bank has today announced further interest rate increases but says they are not in response to the bank... READ MORE

AFG expects 45% profit surge as branded loans mature

by Lucy Dean • 20 Jun 2017
The major aggregator has upgraded its net profit expectations for 2017 by nearly 45 per cent following changes to how... READ MORE

Mortgage Choice names new chairman

by James Mitchell • 20 Jun 2017
The major brokerage today announced that Vicki Allen has been appointed a director of Mortgage Choice and she will... READ MORE

CBA pays $23m in compensation

by Staff reporter • 19 Jun 2017
The Commonwealth Bank has released the seventh and final independent report into its compensation scheme for victims of... READ MORE

Act as if: Why brokers need to shift their beliefs

by Lucy Dean • 19 Jun 2017
Bestselling author and speaker Chris Helder explains how brokers can apply “useful belief” to achieve better... READ MORE

Brokers remain bullish as housing market turns

by James Mitchell • 19 Jun 2017
The majority of mortgage brokers surveyed by a non-major bank believe the Sydney and Melbourne property markets are yet... READ MORE

AMP Bank announces investor lending changes

by James Mitchell • 19 Jun 2017
The challenger bank has today announced changes to investor lending to manage its portfolio and align with regulatory... READ MORE

ASIC industry funding model passes Senate

by Reporter • 16 Jun 2017

The new industry funding model for ASIC has been passed into law and will commence on 1 July 2017.

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Banks pull the broker lever as APRA pressures mount

by James Mitchell • 16 Jun 2017
In addition to rate hikes and policy changes, brokers are proving to be a convenient lever for the banks to pull as... READ MORE

AFG appoints chief executive officer

by Reporter • 16 Jun 2017
The board of aggregator AFG has announced that David Bailey has been appointed as the company’s chief executive... READ MORE

Virgin Money raises IO rates for new loans

by staff reporter • 16 Jun 2017
The challenger brand has announced that it has increased the variable interest rates for owner-occupiers and investors... READ MORE

LinkedIn driving 80% of deals for non-bank

by James Mitchell • 16 Jun 2017
Social media has become the primary lead generator for a non-bank lender, which is now seeing significant interest from... READ MORE

Choice sub-aggregator secures JV with accountants

by Staff reporter • 16 Jun 2017
Purple Circle Financial Services has finalised a joint-venture agreement with tax accountants Pop Up Tax Shop and Mr... READ MORE

Homeloans reduces rates for owner-occupiers

by Staff reporter • 16 Jun 2017
A non-bank lender has announced that, effective immediately, a fixed rate home loan for owner-occupier home loans will... READ MORE

CBA changes serviceability calculations

by Reporter • 16 Jun 2017
A big four bank has changed its serviceability calculations for new owner-occupier and investment home loans, as well... READ MORE

Aggregator warns brokers of major industry changes

by James Mitchell • 15 Jun 2017
The head of a major aggregator has told brokers to brace for multiple pricing and policy changes from all lenders,... READ MORE

Mortgage manager rebrands following merger

by Lucy Dean • 15 Jun 2017

Four mortgage businesses have recently joined forces and come together under a single brand.

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FBAA expands team

by Lucy Dean • 15 Jun 2017
The Finance Brokers Association of Australia has appointed a senior manager to its newly created commercial brand... READ MORE

Banks and brokers in remuneration talks

by James Mitchell • 14 Jun 2017
Representatives from the mortgage broking industry have met with the Australian Bankers’ Association to discuss... READ MORE

Broking boss dismisses channel conflict

by James Mitchell • 14 Jun 2017
The head of a national brokerage says channel conflict is “not a systemic issue” despite rising broker fears that... READ MORE

‘Data is king’ mindset stokes growth for brokerage

by Lucy Dean • 14 Jun 2017
A Melbourne-based brokerage has surpassed $100 million customer submissions by leveraging customer data and overhauling... READ MORE

Connective announces new appointments

by Reporter • 14 Jun 2017
Major aggregator Connective has announced that it has expanded its support team following an uptick in... READ MORE

The secrets of digital marketing unveiled

by staff reporter • 14 Jun 2017
Harnessing digital marketing can help a business attract new clients, establish trust and provide a point of... READ MORE

Nominations open for Women in Finance Awards

by staff reporter • 13 Jun 2017
Submissions are now open for the inaugural Women in Finance Awards, the flagship event that aims to highlight the... READ MORE

Brokers losing clients as channel conflict thrives

by James Mitchell • 13 Jun 2017
EXCLUSIVE Mortgage brokers have grown increasingly concerned about channel conflict over the last 12 months and singled... READ MORE

Most loans to be sourced digitally ‘within 10 years’, says fintech

by Lucy Dean • 13 Jun 2017
A web-based brokerage has predicted that “within five to 10 years” most home loans will be sourced through digital... READ MORE

Non-major announces rate hike on investor loans

by Lucy Dean • 13 Jun 2017
A Queensland-based lender is set to increase both fixed and variable rates for investors, reflecting crackdowns on... READ MORE

Investor commitments fall sharply in April

by Lucy Dean • 13 Jun 2017
Macroprudential regulation has had an “immediate impact” on mortgage lending, analysts have suggested, pointing to... READ MORE
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