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Aussie broker volumes bounce
The broking franchise has reported a sharp rise in home loan settlements, particularly via both the first home buyer and investor segments of the market.
BROKER • Sun, 13 Oct 2019
AMP merges banking and wealth division, bank CEO steps down
The financial services giant has announced the merger of its banking and wealth divisions following the resignation of its bank CEO.
LENDER • Thu, 10 Oct 2019
Aggregator co-founder resigns
A veteran of the mortgage broking industry and co-founder of a major aggregator has stepped down from his role.
AGGREGATOR • Thu, 10 Oct 2019
Lender appoints national broker manager
A non-bank lender has announced the appointment of a national broker channel manager to help bolster its presence in the third-party space.
LENDER • Wed, 09 Oct 2019
AFG volumes propelled by market tailwinds
The aggregator has kicked-off the 2020 financial year with a sharp uptick in residential mortgage volumes.
AGGREGATOR • Wed, 09 Oct 2019
Regulators downplay impact of lower floor rates
APRA’s serviceability changes have only had a “small” impact on residential mortgage growth, with most borrowers choosing not to exhaust their borrowing capacity, ...
COMPLIANCE • Wed, 09 Oct 2019
Suncorp highlights broker utility in Treasury submission
The non-major bank has lodged a submission to Treasury as part of the consultation process for the proposed best interests duty, in which it has stressed its support for ...
BROKER • Tue, 08 Oct 2019
Macquarie outperforms majors in mortgage market
The non-major bank has recorded stronger mortgage portfolio growth than each of the big four banks, new APRA data has revealed.
BORROWER • Mon, 07 Oct 2019
Macquarie, ING among several lenders to cut rates
A number of non-major lenders have reduced their variable home loan rates, most of which have fallen short of the full 25 bps cut.
LENDER • Sun, 06 Oct 2019