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ASIC calls for broader whistleblower definition
by Linda Santacruz • 1 May 2017
The corporate regulator has said the current definition for whistleblowers in the Corporations Act is too narrow, and...READ MORE
UniBank appoints new GM
by Reporter • 1 May 2017
Teachers Mutual Bank’s sister division, UniBank, has appointed Mike Lanzing to the role of general manager.
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MFAA ‘accepts some change will be necessary’ on remuneration
by Reporter • 28 Apr 2017
The CEO of the Mortgage & Finance Association of Australia has said that ASIC’s remuneration review was a... READ MORE
Broker slams ‘unethical’ clawbacks
by James Mitchell • 28 Apr 2017
A veteran mortgage broker and former CBA employee believes clawbacks are an “underhanded way” of preventing brokers... READ MORE
Elite broker thriving after striking work/life balance
by Francesca Krakue • 28 Apr 2017
A successful broker has revealed how trusting his colleagues and learning how to delegate effectively has enhanced both... READ MORE
Real estate giant recruiting experienced brokers
by Sasha Karen • 28 Apr 2017
Since its rebranding to Our Broker last year, Raine & Horne’s financial services subsidiary has been attracting... READ MORE
Federal minister urges brokers to identify red tape challenges
by Reporter • 27 Apr 2017
The federal Minister for Small Business, Michael McCormack MP, has said he is “in awe” of what brokers do and is... READ MORE
Brokers a ‘source of pain’ for banks: Spectrum
by James Mitchell • 27 Apr 2017
An Australian asset manager believes the “extensive use of mortgage brokers” by banks is intensifying risks in the... READ MORE
‘Empower’ clients through diversification, brokers say
by Francesca Krakue • 27 Apr 2017
Two successful mortgage and finance professionals have shared the benefits of running a fully-diversified financial... READ MORE
Industry association attends Senate inquiry into consumer protection
by Reporter • 27 Apr 2017
The Finance Brokers Association of Australia has told the Senate economics references committee’s inquiry into... READ MORE
Banks accused of ‘regulatory manipulation’ with Sedgwick review
by James Mitchell • 26 Apr 2017
Stephen Sedgwick is not qualified to make any recommendations about broker remuneration, argues the head of an industry... READ MORE
Referral model less risky than broker channel: Sedgwick
by James Mitchell • 26 Apr 2017
Stephen Sedgwick believes the remuneration-related risk that referrers pose to borrowers is “much lower” than the... READ MORE
Research shows more rate hikes will tip borrowers over the edge
by James Mitchell • 26 Apr 2017
New research has revealed that it would take less than a $100 rise in monthly repayments before the majority of Aussie... READ MORE
Brokers weigh in on super as housing affordability solution
by Francesca Krakue • 26 Apr 2017
A question posed on a community platform has led to a lively discussion about whether first home buyers should be... READ MORE
Westpac hikes interest-only rates
by Francesca Krakue • 24 Apr 2017
Westpac has today announced it will be increasing rates on its interest-only fixed rate loans by up to 30 basis... READ MORE
Sedgwick review accused of supporting ‘cartel behaviour’
by James Mitchell • 24 Apr 2017
A Melbourne-based broker and former CBA employee believes the ABA-commissioned Sedgwick review is looking to "support... READ MORE
Brokers to benefit from APRA crackdown: Kolenda
by James Mitchell • 24 Apr 2017
Increased measures from the banking regulator to drive investors out of the property market represent a huge... READ MORE
New trail book marketplace launches
by Reporter • 24 Apr 2017
A new website has launched for finance professionals, including mortgage brokers, that are looking to buy or sell... READ MORE
Big four bank lifts fixed interest rates
by Reporter • 24 Apr 2017
A major bank has announced that it has raised fixed interest rates on investor and interest-only home loans in a bid... READ MORE
MFAA boss rejects Sedgwick review, slams commission reforms
by James Mitchell • 21 Apr 2017
The association has warned that Sedgwick’s recommendations will give the banks “complete oversight” of brokers,... READ MORE
Commissions to change despite no evidence of poor outcomes
by James Mitchell • 21 Apr 2017
A mortgage industry veteran has highlighted that both the ASIC and Sedgwick reviews — the latter of which has... READ MORE
ACL holders likely to be required to report breaches
by Francesca Krakue • 21 Apr 2017
Under proposed changes by Treasury, Australian Credit Licence holders could soon be subject to mandatory breach... READ MORE
Cairns broker reaping rewards of financial planning
by Francesca Krakue • 21 Apr 2017
A regional broker has seen significant benefits as a result of his investment in an ongoing partnership with a... READ MORE
Major banks to change broker commissions
by James Mitchell • 20 Apr 2017
Australia’s big four banks will make significant changes to the way mortgage brokers are remunerated after they... READ MORE
Rate hikes hit investor, refi volumes for major group
by James Mitchell • 20 Apr 2017
One of Australia’s largest mortgage broking groups has seen a slide in investor and refinance deals over the March... READ MORE
Broker numbers ‘may be reaching saturation point’
by Reporter • 19 Apr 2017
There is a “disconnect” between growth in the number of brokers in the market and the amount of new loans being... READ MORE
PLAN CEO shares top tips on broker success
by Francesca Krakue • 19 Apr 2017
The new CEO of PLAN Australia shares her enthusiasm for the role and key advice on succeeding in the mortgage broking... READ MORE
Free aggregation platform launches
by Reporter • 19 Apr 2017
One of Australia’s largest loan processing groups has launched a new, zero-aggregation-fee platform that aims to help... READ MORE
Young guns carve out niche with new brokerage
by James Mitchell • 19 Apr 2017
Two Sydney mortgage brokers have managed to put their university education to use by targeting a particular type of... READ MORE
Average broker home loan portfolio is $38m, finds MFAA
by Reporter • 18 Apr 2017
The national average value of a broker’s home loan portfolio is around $38 million, new research from the Mortgage... READ MORE
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