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Conditions ‘bloody fantastic’ for brokers
Aussie chairman John Symond has said that he sees the “sun shining” over the horizon for the broking industry, but he issued a warning over continued risks associated ...
BROKER • Wed, 14 Aug 2019
Aussie founder mulling buyback from CBA
Founder of Aussie Home Loans John Symond has confirmed that he has held discussions with the Commonwealth Bank regarding a potential buyback of a stake in the major ...
LENDER • Mon, 12 Aug 2019
REA Group assumes full ownership of brokerage
The multinational property services group has assumed 100 per cent ownership of an Australian mortgage brokerage.
BROKER • Sun, 11 Aug 2019
Adelaide Bank cuts rates across broker offerings
The non-major has reduced variable and fixed rates across its investor and owner-occupier home loans by up to 65 basis points.
BROKER • Sun, 11 Aug 2019
Here for the long haul: CBA commits to brokers
The broker channel “always will be” an important channel for the Commonwealth Bank, CEO Matt Comyn has said following the release of the bank’s full-year results, in ...
BROKER • Wed, 07 Aug 2019
Aussie launches new Adelaide Bank-funded home loan
The major brokerage has partnered with Adelaide Bank to roll out a new white label offering.
LENDER • Wed, 07 Aug 2019
RBA announces cash rate
The Reserve Bank has unveiled its cash rate for the month of August following its monetary policy board meeting.
GROWTH • Tue, 06 Aug 2019
New inquiry into financial services sector launched
The federal government has expanded the remit of the House of Representatives standing committee on economics in order to probe the broader financial services industry on ...
COMPLIANCE • Sun, 04 Aug 2019
Macquarie’s mortgage growth doubles in tandem with broker share
A doubling of Macquarie’s presence in the third-party space has coincided with a doubling in its mortgage portfolio growth over the June quarter.
BROKER • Thu, 01 Aug 2019