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Breaking News
Diversity is helping to grow industry, says aggregator head
by Reporter • 19 Jul 2017
The chief executive of a leading aggregator has said that the broking industry has grown as a result of “a lot more...
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Lenders announce LVR changes
by Lucy Dean • 18 Jul 2017
A non-major lender and a mortgage manager have announced changes to maximum LVR ratios.
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Opinion: It's time for the broker bashing to stop
by James Mitchell • 18 Jul 2017
Enough now. The attack on brokers is getting out of hand. Also, the irony of a consumer group called ‘CHOICE’...
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First-time home buyers struggling with mortgages: report
by Julianne Leybag • 18 Jul 2017
First-time home buyers are currently having a hard time navigating the mortgage maze, with Queensland having the...
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Brokers will soon ‘have to’ charge fees, predicts elite broker
by Reporter • 18 Jul 2017
Mortgage brokers will soon “have to” charge fees for some, or all, of their services, one of Australia’s top loan...
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Opportunity for brokers ‘to help millions’
by Reporter • 18 Jul 2017
New research has suggested that 3.6 million people could be “underserviced” in terms of finance, which a specialist...
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The missing link that would help brokers close more deals
by James Mitchell • 18 Jul 2017
Mortgage technology pioneer Brett Spencer has identified a gap in the market for a mezzanine-style debt facility that...
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Bankwest launches new online mortgage portal
by James Mitchell • 17 Jul 2017
The CBA subsidiary has launched its new online home lending portal, which enables brokers to access real time...
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Analysis: How brokers can break up the big banks
by James Mitchell • 17 Jul 2017
Brokers are driving a wedge between the majors that could ultimately strengthen the industry and create a more...
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Specialist lender reduces fixed rates
by staff reporter • 17 Jul 2017
Bluestone Mortgages has today announced that it has reduced its two and three-year fixed rates as a result of “market...
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Clients with complex needs keep brokers in business
by Lucy Dean • 14 Jul 2017
The need for brokers will remain high for as long as there are clients with complicated loan structures, HashChing has...
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First ASIC invoices to be issued in January
by Reporter • 14 Jul 2017
Regulated entities will be invoiced by ASIC in January 2019 for regulatory services provided by the commission for the...
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Aussie keeping ‘keen eye’ on new digital brokerages
by James Mitchell • 14 Jul 2017
A complex and competitive mortgage market means customers are seeking human contact more than ever, despite the...
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Industry should ‘tread carefully’ with remuneration rhetoric
by Lucy Dean • 14 Jul 2017
The broking sector should avoid “throwing the baby out with the bath water” in responding to the Australian...
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Advantedge lifts interest-only rates
by Reporter • 13 Jul 2017
The NAB-owned funder has increased rates on new fixed rate interest-only home loans and will hike all new and existing...
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Associations denounce consumer groups’ ASIC response
by Reporter • 13 Jul 2017
The MFAA and FBAA have discredited the consumer advocacy groups’ response to ASIC's remuneration review, calling...
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Mortgage Choice stands firm on current commission model
by Reporter • 13 Jul 2017
The leading brokerage has told the Treasury that the current upfront commission structure for brokers is “sound”...
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‘Disassociation’ between government policies and borrower...
by Lucy Dean • 13 Jul 2017
Outdated or ill-judged government policies have turned some borrowers into “collateral damage”, a leading broker...
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Lender will increase broker commissions
by Reporter • 12 Jul 2017
Non-bank lender Homeloans has announced that it will increase upfront and trail commissions on some of its loan...
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Rice Warner taken to task over commission calls
by James Mitchell • 12 Jul 2017
Research firm Rice Warner has been criticised by an industry association for its “significant lack of knowledge” of...
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Major banks’ ‘weakened appetite’ for commercial investments...
by Lucy Dean • 11 Jul 2017
The major banks have lost their appetite for commercial loans following regulatory clampdowns, but that’s the way it...
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Fintech launches ‘instant home loan’ platform
by Lucy Dean • 11 Jul 2017
An Australian fintech has announced the arrival of a “world first” home loan platform that can approve home loans...
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ASIC suppositions ‘dangerous’ and ‘problematic’, says...
by Reporter • 11 Jul 2017
A major aggregator has warned that some of the ASIC remuneration review's findings and proposals are...
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Brokerage trials new lead referral app
by Reporter • 11 Jul 2017
A Western Australia-based brokerage has become one of the first to trial a new lead-referral app, in a bid to enable...
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‘The vanilla client doesn’t exist anymore’
by Lucy Dean • 10 Jul 2017
There’s no such thing as a “vanilla client” these days, which is why brokers need to work harder to strengthen...
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