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CBA announces fresh lending changes
by Staff Reporter • 22 May 2017
Australia’s largest mortgage provider announced changes to interest-only payments for owner-occupied and investor...READ MORE
Industry denounces ‘ridiculous’ UBS report
by Reporter • 19 May 2017
Broker associations and several members of the industry have slammed a recent UBS report that claimed mortgage brokers... READ MORE
Consultation launches on new EDR scheme
by staff reporter • 19 May 2017
The Treasury has launched a four-week consultation into the new external dispute resolution framework and is asking... READ MORE
Specialising in medico finance a boon for brokers
by Francesca Krakue • 19 May 2017
Several broking professionals have highlighted the value of venturing into the niche market of medico finance.
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HSBC reveals broker strategy and growth plans
by James Mitchell • 18 May 2017
The global bank’s return to the third-party channel was based on 12 months of due diligence. HSBC’s Alice Del... READ MORE
Technology won’t replace brokers, says fintech specialist
by Reporter • 18 May 2017
The former chief executive of the Stargate Group and a leading fintech consultant has said that despite technology... READ MORE
ALI Group in lead generation agreement with fintech
by Staff reporter • 18 May 2017
Loan protection specialist ALI Group has partnered with HashChing to provide mortgage brokers with access to a... READ MORE
Major bank launches new instant pricing tool
by Reporter • 18 May 2017
NAB has launched a new instant pricing tool for brokers that aims to give brokers a “faster, simpler and easier... READ MORE
Bank returns to broker channel after 10-year absence
by James Mitchell • 17 May 2017
A foreign-owned bank that exited the broker market in 2006 has returned to the third-party channel and partnered with a... READ MORE
No ‘smoking gun’ in broking industry, says Deloitte
by James Mitchell • 17 May 2017
A Deloitte partner has highlighted the positive outcomes of the ASIC and Sedgwick reviews into broker remuneration and... READ MORE
Brokers losing lucrative deals in hot market
by James Mitchell • 17 May 2017
Mortgage brokers who focus solely on prime mortgages and investor lending are missing a major opportunity and could be... READ MORE
Home loan demand eases
by Francesca Krakue • 17 May 2017
New data from the ABS has revealed demand for home loans dropped for the second consecutive month during March.
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Discover the untapped market of medico finance
by Francesca Krakue • 17 May 2017
A successful broker shares the significant benefits of tapping into the lesser-known medico finance market and tips on... READ MORE
Negative gearing changes won’t deter investors, says broker
by Francesca Krakue • 16 May 2017
A successful mortgage broker says the changes to negative gearing announced in the federal budget are a “very minor... READ MORE
Bank launches AI ‘home loan assistant’
by Reporter • 16 May 2017
A new chatbot has been launched by UBank to help answer customers’ home loan questions, in what is being billed as... READ MORE
‘Order taker’ brokers unlikely to survive
by James Mitchell • 16 May 2017
Part-time brokers and those writing small volumes simply “won’t cut it” in the coming years as competitive... READ MORE
Aggregator sees 10% growth in female memberships
by Reporter • 16 May 2017
A major aggregator has revealed that its female membership has grown by almost 10 per cent in the past year.
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First bank to move will have ‘hell to pay’
by James Mitchell • 15 May 2017
The head of a major aggregator says the big banks have plenty of ways to absorb the government’s $6.2 billion levy... READ MORE
Pepper reveals details of upcoming roadshow
by Staff reporter • 15 May 2017
Brokers will be given access to Pepper’s head of credit and be the first to experience the company’s new digital... READ MORE
Aggregator identifies opportunity in budget changes
by Staff reporter • 15 May 2017
A boutique aggregator has partnered with a tax depreciation specialist to capitalise on measures announced in the 2017... READ MORE
National brokerage announces fintech partnership
by Staff reporter • 15 May 2017
A national mortgage broking franchise has harnessed the technology of local fintech Proviso to streamline the flow of... READ MORE
Investor loans to be ‘hardest hit’ by mortgage repricing
by James Mitchell • 12 May 2017
Mortgages will bear the brunt of the federal government’s new big bank tax, according to one analyst, who believes... READ MORE
Inquiry into mortgage pricing to begin next month
by Reporter • 12 May 2017
A year-long inquiry into how the major banks price their mortgage products will begin next month following the... READ MORE
Credit ombudsman supports royal commission into banks
by James Mitchell • 12 May 2017
The chief executive of the Credit and Investments Ombudsman has supported calls for a royal commission into the major... READ MORE
ABA finalists 2017 revealed
by Reporter • 12 May 2017
The finalists for the 2017 Australian Broking Awards have been revealed, with more than 70 brokers making the final cut... READ MORE
Loan writer permanently banned
by Reporter • 11 May 2017
ASIC has permanently banned a loan writer in Victoria from engaging in credit activities, after finding that four loans... READ MORE
Major bank levy will affect borrowers, warn CEOs
by Reporter • 11 May 2017
The heads of some of the major banks have warned that it is likely borrowers will be impacted by the new bank levy... READ MORE
FBAA reacts to budget, warns over rates hikes
by James Mitchell • 11 May 2017
The industry association has warned that a new $6.2 billion levy over four years on the top five banks contained in the... READ MORE
Major brokerage boss dismisses fed budget
by James Mitchell • 11 May 2017
The CEO of one of Australia’s largest mortgage groups has described the 2017 federal budget as “ineffective” and... READ MORE
Aussies getting ‘fleeced’ by major banks, says HashChing
by Reporter • 11 May 2017
A recent analysis conducted by the online mortgage marketplace has claimed that borrowers with the big four are paying... READ MORE
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