Charbel Kadib

AFG profits stable amid mixed lending result

The mortgage aggregator has reported a stable net profit of $16.7 million, despite a 7 per cent fall in third-party-originated mortgage volumes.

AGGREGATOR • Sun, 24 Feb 2019

Mortgage Choice CEO slams ‘destructive’ lender-pays flat-fee model

Mortgage Choice CEO Susan Mitchell has rejected suggestions that the industry should look to a lender-paid flat-fee model for brokers.

LENDER • Thu, 21 Feb 2019

Treasury flags broker reform risk ahead of Labor response

Policymakers should ensure that broker reforms do not “damage” the pro-competitive role of the industry, Treasury Secretary Philip Gaetjens has warned ahead of an ...

BROKER • Wed, 20 Feb 2019

Citi affirms commitment to broker channel

The non-major lender has unveiled a new broker strategy and expressed support for the third-party channel amid heightened scrutiny.  

BROKER • Sun, 17 Feb 2019

Treasurer urged to initiate industry consultation

Mortgage Choice CEO Susan Mitchell has called on the federal government to open consultation with the broking industry before adopting remuneration reforms.

GROWTH • Sun, 17 Feb 2019

One Nation rallies behind brokers, backs trail

Commissioner Kenneth Hayne’s recommendation to ban upfront and trailing commissions paid to brokers would “decimate” the industry, One Nation leader Pauline Hanson has ...

BROKER • Sun, 17 Feb 2019

Government and opposition battle on broker front

Australia's major parties have battled it out on the floor of parliament, with the topic of broker remuneration taking centre stage. 

BROKER • Thu, 14 Feb 2019

Bank CEO renews support for standardised commissions

Standardising the rate of upfront commission paid to brokers may be a potential solution to conflicted remuneration, the CEO of a non-major bank has said.

LENDER • Thu, 14 Feb 2019

MPs slam call to ban upfront commissions

Coalition government MPs have railed against reforms that would “ride roughshod” over brokers and enhance the power of the big four banks in the mortgage market.

COMPLIANCE • Wed, 13 Feb 2019