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Looming regulatory change signals major opportunity for brokers

by James Mitchell • 10 Jan 2017
As the industry eagerly awaits the outcome of ASIC’s remuneration review, one Sydney-based broker believes there is...READ MORE

White-label mortgages dominating the market

by James Mitchell • 10 Jan 2017
Brokers from a major aggregator wrote the same volume of branded home loans in November as they did for a major bank,... READ MORE

ZipID gaining traction with mortgage brokers

by James Mitchell • 10 Jan 2017
ID verification company ZipID (acquired by Veda in 2015) received overwhelming demand for its broker webcasts in... READ MORE

More borrowers locking in fixed rates, says major broker - Jan 2017

by Staff reporter • 10 Jan 2017
One of Australia's biggest mortgage brokerages has found that a growing proportion of borrowers are seeking the... READ MORE

Bank sells stake in brokerage, CEO resigns

by Reporter • 9 Jan 2017
An Australian bank has allegedly sold its stake in a mortgage broking business, the CEO of which has also tendered his... READ MORE

Labor renews calls for banking royal commission

by Staff reporter • 9 Jan 2017
The federal opposition has reinstated calls for a royal commission into the banking and financial services sector,... READ MORE

RBA appoints new head of domestic markets

by Reporter • 9 Jan 2017
The Reserve Bank of Australia has announced that Dr Marion Kohler has been appointed as head of the domestic markets... READ MORE

Call for stamp duty break for over 70s

by Reporter • 9 Jan 2017
Giving home owners over the age of 70 a concession on stamp duty could help boost the second-home buyers market and... READ MORE

ASIC should make it ‘compulsory’ to visit a mortgage broker

by Tamikah Bretzke • 6 Jan 2017
A regional broker says it should be made compulsory for home buyers to see brokers and believes industry bodies could... READ MORE

MFAA director steps down

by James Mitchell • 6 Jan 2017
The Mortgage & Finance Association of Australia (MFAA) announced today that one of its directors has not sought... READ MORE

Bank boss explains decision to hike rates

by James Mitchell • 6 Jan 2017
Australian banks are expected to continue increasing mortgage rates in an effort to offset the impact of increased... READ MORE

Flavell offers 5 financial resolutions for 2017

by Staff reporter • 6 Jan 2017

At the start of a new year many of us make a number of resolutions that we wish to integrate into our lives.

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Bank tips broker market share to reach 70%

by James Mitchell • 5 Jan 2017
The head of third party at a non-major bank believes brokers could soon be writing 70 per cent of Australian home loans... READ MORE

Lender to lift investor rates on Friday

by James Mitchell • 5 Jan 2017
A non-major lender has announced rate changes across its fixed and variable rate home loans for owner-occupiers and... READ MORE

Regulator blames ‘bank subcultures’ for mistrust

by Staff reporter • 5 Jan 2017
  ASIC chairman Greg Medcraft has said that conflicted subcultures are to blame for ongoing consumer mistrust and... READ MORE

ASIC cancels broker’s credit licence

by James Mitchell • 4 Jan 2017

ASIC has cancelled the Australian credit licence held by a South Australian company.

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Brokers to play key role in REA mortgage business

by James Mitchell • 4 Jan 2017
Online real estate giant REA Group is currently exploring opportunities to work with mortgage brokers after announcing... READ MORE

Top broker predicts investors will ‘come out and play’ in 2017

by James Mitchell • 4 Jan 2017
One of Australia’s most successful mortgage brokers who wrote over 1,000 home loans in the 2016 financial year... READ MORE

Dwelling price to income ratio affects affordability

by Tamikah Bretzke • 4 Jan 2017
The latest figures from a property, information and analytics company have highlighted the dwelling price to income... READ MORE

CUA steps up to the crease for Ponting Foundation

by Staff reporter • 4 Jan 2017
Australia’s largest credit union has teamed up with the Ponting Foundation to support the charity’s work in helping... READ MORE

Non-banks ‘have become more relevant’, says top broker

by Tamikah Bretzke • 3 Jan 2017
One of the country’s most prolific mortgage brokers has said that brokers are increasingly opting to write their... READ MORE

Pepper hosts hackathon to ‘revolutionise’ finance

by Reporter • 3 Jan 2017
A specialist lender and start-up incubator have hosted a two-day hackathon to “revolutionise” finance and find new... READ MORE

Banks should be ‘prudent’ on tracker mortgages

by Reporter • 3 Jan 2017
A leading economist has said that he believes tracker mortgages may be “great” for consumers, but said that banks... READ MORE

Top 10 biggest stories of 2016

by James Mitchell • 30 Dec 2016
It’s been a big year for mortgage broking. This year’s top 10 stories reveal what headlines caught the industry’s... READ MORE

Industry body hopes to see an end to ‘unfair clawbacks’

by James Mitchell • 30 Dec 2016
The Finance Brokers Association of Australia has revealed some of its top priorities for 2017, including the... READ MORE

Christmas debt tipped to hit $3.8bn

by James Mitchell • 30 Dec 2016
A new report from comparison website finder.com.au has revealed how Australians will manage their spending over the... READ MORE

Major aggregator reflects on 2016 milestones

by James Mitchell • 29 Dec 2016
The CEO of one of Australia’s largest mortgage aggregators looks back on a successful year that saw the group surpass... READ MORE

Brokers to ‘get more market share’ using fintech

by Tamikah Bretzke • 29 Dec 2016
The general manager of a regional bank has said that fintech in the broking industry will not be a “disruptor to... READ MORE

Top broker reveals the importance of good support

by Francesca Krakue • 29 Dec 2016
One of the country’s top brokers, who wrote $100 million in loans in the last financial year, has emphasised that a... READ MORE

White-label lending a ‘runaway success’ in 2016

by James Mitchell • 28 Dec 2016
One of the biggest funders in the Australian mortgage market has explained why white-label products have been so... READ MORE
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