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Battle for clawback reform ‘not over yet’
The broking industry is determined to push through changes to clawback arrangements, after successfully negotiating amendments to the net of offset payment period.
BROKER • Thu, 31 Oct 2019
ANZ CEO weighs in on broker rem reforms
The chief executive of the big four bank has responded to calls for the standardisation of broker remuneration policies adopted by lenders, and has weighed in on the ...
BROKER • Thu, 31 Oct 2019
Aggregators welcome net of offset reforms, slam critics
Broking industry groups have welcomed the federal government’s decision to extend the net of offset repayment period and have dismissed criticism of the changes by ...
AGGREGATOR • Wed, 30 Oct 2019
Net of offset changes to help clean up ‘dog’s breakfast’
Industry associations have welcomed the federal government’s decision to extend the net of offset repayment period for broker commissions.
BROKER • Tue, 29 Oct 2019
Lender farewells head of sales, appoints CCO
A lender has announced the departure of its head of sales and the appointment of Macquarie’s former co-head of intermediaries to the role of chief customer officer
LENDER • Tue, 29 Oct 2019
Government sets price caps for FHB scheme
The federal government has released new details regarding the administration of its First Home Loan Deposit Scheme, which includes the setting of price caps for home ...
BORROWER • Mon, 28 Oct 2019
ACCC seeks public consultation on AFG, Connective merger
The competition watchdog is reviewing the proposed merger between AFG and Connective, with stakeholders invited to submit their feedback.
COMPLIANCE • Mon, 28 Oct 2019
Best interests duty won’t be ‘shock to system’
New obligations under the government’s proposed best interests duty won’t come as a surprise to most mortgage brokers, according to the director of a Sydney-based ...
BROKER • Sun, 27 Oct 2019
Net of offset confusion ‘wasting brokers’ time’
A Sydney-based brokerage director has joined calls for a standardised approach to net of offset calculations.
BROKER • Thu, 24 Oct 2019