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Financial goals for 2018

ASIC encourages Australians to set financial goals for 2018
by Staff reporter • 2 Jan 2018
The financial services regulator is encouraging Australians to start the new year by setting financial goals, listing... READ MORE
Predictions

Industry predicts what will happen in 2018

by Staff reporter • 2 Jan 2018
As we begin the new year, we asked several members of the industry to share their predictions on what they think will... READ MORE
cash australian dollars hallmark general insurance company refund personal loans millions

Personal loan customers refunded millions
by Reporter • 28 Dec 2017
Hundreds of Latitude Insurance customers will be refunded a total of $1.1 million after the insurance provider... READ MORE
education program

Aggregator announces Stanford University education program
by Reporter • 28 Dec 2017
Mortgage aggregator PLAN Australia will host a contingent of brokers to California’s Stanford University next month... READ MORE
first home buyers perth houses shopping cart

2018 to be ‘Year of the First Home Buyer’ in Perth
by Staff reporter • 28 Dec 2017
The approaching year in Perth and Western Australia is being heralded as one to be extremely favourable for first home... READ MORE
James Symond

James Symond on the benefits of being bank-owned

by James Mitchell • 27 Dec 2017
Earlier this year, CBA snapped up the remaining 20 per cent of Aussie Home Loans. The brokerage’s chief executive,... READ MORE

Moneycatcha moves into Stone & Chalk and expands team
by Staff Reporter • 27 Dec 2017
Australian fintech start-up Moneycatcha has been selected to join fintech hub Stone & Chalk’s Sydney office... READ MORE

ASIC cancels Sydney broker’s licence

by James Mitchell • 22 Dec 2017
The regulator has cancelled the Australian credit licence (ACL) of a Sydney-based mortgage broker. READ MORE
Tyro introduces new financial solutions for SMEs

Tyro introduces new financial solutions for SMEs
by Reporter • 22 Dec 2017
Business bank and EFTPOS provider Tyro has introduced a number of new financial solutions for small- to medium-sized... READ MORE
Christmas

Most Aussies to spend less this Christmas, finds survey
by Reporter • 22 Dec 2017
A new survey has revealed that most Australians plan to spend less this Christmas due to the rising cost of living. READ MORE
Seasons

Seasonality shouldn’t be ignored as slowdown factor, says broker
by Charbel Kadib • 22 Dec 2017
A Bell Partners broker and rugby league legend has reminded the industry of the lending market slowdown that proceeds... READ MORE

MLC Life says insurance advice is becoming ‘unviable’
by Aleks Vickovich and Killian Plastow • 21 Dec 2017
MLC Life has urged regulators to make compliance more efficient, warning that the time and costs associated with it are... READ MORE
Broker calls for retrospective review of SMSF lending

Broker calls for retrospective review of SMSF lending
by Miranda Brownlee • 21 Dec 2017
A mortgage broker has called on the government to review past SMSF lending practices as part of the Royal Commission... READ MORE
oecd working group real estate money laundering risk

Aussie real estate a haven for dodgy money
by James Mitchell • 21 Dec 2017
The OECD said that sources in the banking and accounting sectors are warning that Australian real estate is at... READ MORE

Brokers need to ‘stand out from the crowd’, says business coach
by Reporter • 21 Dec 2017
The increasing number of people breaking into the broking profession is making the case for diversification... READ MORE
Interest rate

More than a third of borrowers ignorant of interest rate
by Reporter • 20 Dec 2017
New survey data has revealed that nearly 40 per cent of Australian borrowers are unaware of their mortgage interest... READ MORE
Suncorp

Suncorp reshuffles business development team
by Reporter • 20 Dec 2017
Suncorp Bank has announced a change to its business development team, appointing Paul Vogl to the role of regional... READ MORE
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‘It’s wrong to put a blanket policy on new brokers’, says...
by Reporter • 20 Dec 2017
The general manager of lending at Vow Financial, Clive Kirkpatrick, has said that he disagrees with CBA’s new... READ MORE
Tasmania

Home loan fintech enters Tassie market
by Reporter • 19 Dec 2017
An Australian fintech has announced that it will be expanding its business to Tasmania, amid increased buoyancy in the... READ MORE

Major bank refunds $1.7m over offset error on broker loans
by Reporter • 19 Dec 2017
National Australia Bank Limited has refunded $1.7 million to 966 home loan customers after it failed to properly set up... READ MORE

AFG highlights ‘significant scrutiny’ of broking industry

by James Mitchell • 19 Dec 2017
The ASX-listed aggregator has called on the banking Royal Commission to recognise the significant inquiries that have... READ MORE
Association heads question CBA’s new two-year rule

Association heads question CBA’s new two-year rule
by Reporter • 19 Dec 2017
The heads of the MFAA and FBAA have spoken out against CBA’s recently announced two-year requirement for new broker... READ MORE
Money, cash

Non-bank closes $300m CMBS transaction
by Reporter • 18 Dec 2017
A finance provider has announced the closing of its third commercial mortgage-backed securitisation transaction,... READ MORE
Award-winning brokerage eyes tech solutions

Award-winning brokerage eyes tech solutions
by James Mitchell • 18 Dec 2017
Even after a whirlwind year of regulatory challenges, one Melbourne-based brokerage believes that compliance isn’t... READ MORE
Brokers to be included in royal commission

Brokers to be included in royal commission
by Reporter • 18 Dec 2017
The government has confirmed that mortgage brokers will be included in the Royal Commission into Misconduct... READ MORE