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Settlement spike brightens Mortgage Choice result
The broking franchise has reported a sharp slide in its underlying earnings, offset by strong home loan settlement growth.
AGGREGATOR • Thu, 20 Feb 2020
ASIC releases draft BID guidance
The corporate regulator has published its long-awaited guidance on the obligations of mortgage brokers under the newly legislated best interests duty.
COMPLIANCE • Thu, 20 Feb 2020
ANZ laments broker retreat, anticipates subdued growth
The big four bank is anticipating subdued settlement growth in the coming year, weighed down by weaker volumes via the broker channel in response to the bank’s ...
BROKER • Wed, 19 Feb 2020
Brokers beef up Bendigo’s mortgage book
The non-major has released its half-year results, reporting above-system home lending growth, mostly driven by the third-party channel.
BROKER • Mon, 17 Feb 2020
Robo-advice, AI flagged as major threats to broker proposition
Mortgage industry representatives have named robo-advice and artificial intelligence as emerging threats to the broker proposition.
BROKER • Sun, 16 Feb 2020
Connective backs merger utility amid ACCC doubts
The proposed merger with AFG will deliver “great outcomes” for brokers and their customers, Connective director Mark Haron has said in response to questions raised by the ...
COMPLIANCE • Thu, 13 Feb 2020
BID won’t change strategy; Aussie remains in limbo: Comyn
The Commonwealth Bank CEO does not expect the passage of the Best Interests Duty Bill to materially alter the bank’s operational approach in the third-party channel.
AGGREGATOR • Wed, 12 Feb 2020
Suncorp CEO eager to ‘win back support’ from brokers
The group CEO of Suncorp has committed to improving the “speed, quality and consistency” of its service to brokers amid continued weakness in its home lending performance
BROKER • Tue, 11 Feb 2020
New lending service rolled out for brokers
A fintech lender has launched a new home-lending service aimed at simplifying the underwriting process for brokers.
BROKER • Thu, 06 Feb 2020