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Mortgage Choice appoints new CFO
The broking franchise has announced the appointment of a new chief financial officer.
AGGREGATOR • Mon, 15 Oct 2018
ANZ CEO chimes in on broker debate
ANZ CEO Shayne Elliott has responded to calls for broking reform during a parliamentary committee hearing in Canberra.
BROKER • Sun, 14 Oct 2018
Brokers on a ‘one-way ticket’ to 60–70% market share
The head of a major aggregator is confident that the broking industry will further capitalise on the growing distrust of the established banks.
BROKER • Sun, 14 Oct 2018
Government fast-tracks SME tax cuts
The federal government has announced that it plans to introduce tax relief for small businesses five years sooner.
GROWTH • Fri, 12 Oct 2018
‘Tricky’ broker model ‘mostly works well’: Westpac CEO
Westpac CEO Brian Hartzer has highlighted the importance of the current broking model, despite stating that a fees-for-service model would be “worth considering”.
BROKER • Thu, 11 Oct 2018
Pressures rising in SME sector
Managing finance and cash flow is the most significant pressure point for SMEs, the latest research from Bank of Queensland has revealed.
GROWTH • Wed, 10 Oct 2018
Major bank profits could rise by 1.8% if trail is cut
The big four banks would increase their profits by an average of 1.8 per cent should trail commission be removed, but commission payments are less than a third of the ...
LENDER • Tue, 09 Oct 2018
FBAA refutes RC concern over broker commissions
The industry association has responded to a suggestion made by Commissioner Hayne that the payment of value-based commissions to brokers “might” be breaching NCCP ...
BROKER • Mon, 08 Oct 2018
Bank reports ‘double system’ mortgage growth
A non-major lender has attributed over $500 million in mortgage portfolio growth to a shift in demand away from the big four banks.
GROWTH • Mon, 08 Oct 2018