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Macquarie restricts SMSF loan offering
The non-major lender has said that it will only offer SMSF property lending through brokers with existing SMSF accreditation.
LENDER • Thu, 08 Nov 2018
Bank announces remuneration changes
A lender has announced changes to its broker remuneration model, which include changes to partial repayment clawbacks.
LENDER • Wed, 07 Nov 2018
RBA announces November cash rate
The central bank has announced its cash rate decision for the month of November following its monthly board meeting.
GROWTH • Tue, 06 Nov 2018
Elite Business Writers 2018
The top 25 elite business writers for this year’s ranking have shown that tighter lending policies and the ebbs and flows in market conditions are no obstacle to broking ...
GROWTH • Mon, 05 Nov 2018
Macquarie unfazed by threat of broking reform
The non-major bank has said that it is “well positioned” in the broking space, stating that potential regulatory changes would not undermine its mortgage proposition
LENDER • Sun, 04 Nov 2018
Brokers, wholesale funder spur major bank lending rise
A big four bank has reported that the third-party channel has originated $9 billion in home loans over the past 12 months.
BROKER • Thu, 01 Nov 2018
Major bank ‘highly dependent’ on brokers, says CEO
A big four bank has noted the “valuable” contribution that brokers have played in its mortgage growth and has reiterated its support for the current remuneration model, ...
BROKER • Wed, 31 Oct 2018
Greens call for ownership reform in broking industry
Broking institutions should be “separately owned” from the institutions that “originate the products they sell” and should be “individually licensed” to improve ...
LENDER • Tue, 30 Oct 2018
No trail should mean no clawbacks, says brokerage CEO
Commission clawbacks should be removed if regulators decide to ban trail commission, the CEO of a major brokerage has said.
BROKER • Mon, 29 Oct 2018