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What it’s like to be a broker in Tasmania
Charbel Kadib finds out what it’s like to be a broker in Tasmania from Lance Cure, veteran broker and director of Finance Brokers of Tasmania, who joined the broking ...
BROKER • Tue, 01 Jan 2019
Resimac tightens LVR policy
The non-bank has introduced restrictions on the maximum loan-to-value ratio required for loans secured by an apartment or unit in response to weaker property market ...
LENDER • Thu, 20 Dec 2018
Bank to implement broker commission changes
A non-major lender has announced that it will change the way it remunerates mortgage brokers as it looks to strengthen ties with the third-party channel next year.
BROKER • Wed, 19 Dec 2018
Newly licensed bank committed to ‘integral’ broker channel
The third-party channel will be “integral” to a newly licensed bank’s growth ambitions in the home loan market, the CEO has said.
BROKER • Tue, 18 Dec 2018
Major bank sheds light on new broker segmentation model
The new tiered broker model to be introduced by a big four bank will be “quality-based” rather than “volume-based”.
BROKER • Mon, 17 Dec 2018
NAB CEO to take extended leave
NAB CEO Andrew Thorburn has revealed that he will be taking time off to “reflect and recharge” following a “relentless” 2018.
LENDER • Mon, 17 Dec 2018
Morningstar mulls impact of scrapping comms
A move to adopt a consumer-pays broker remuneration model would have a “major impact” on demand for brokers, independent research agency Morningstar has said.
LENDER • Sun, 16 Dec 2018
Bank CEO urges RC to consider ACCC findings
The CEO of a non-major bank has called on the financial services royal commission to reflect on the findings of the competition watchdog’s mortgage pricing report before ...
COMPLIANCE • Thu, 13 Dec 2018
The top young brokers under 30
Over the 2018 financial year (1 July 2017 to 30 June 2018), the lending market was subject to huge scrutiny, with commissions and reviews of the finance sector seemingly ...
BROKER • Thu, 13 Dec 2018