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Former CBA area manager joins major brokerage
Aussie Home Loans has announced the appointment of a new state manager to head its network of retail stores and brokers in South Australia and Northern Territory.
BROKER • Tue, 14 May 2019
MFAA code of practice gains interim authorisation
The MFAA has recently been granted interim authorisation to enforce its Code of Practice as it awaits “final authorisation” of its amended Disciplinary Rules from the ...
BROKER • Thu, 11 Apr 2019
Two-fifths forgo home ownership to maintain appearances
More than a third of Australians are reportedly choosing to “forgo buying their own home in order to keep up appearances”, according to new research from Mortgage Choice
BORROWER • Tue, 09 Apr 2019
Investors would suffer if remuneration changes, warns buyer’s agent
Banning trailing commissions and upfront payments would diminish competition in the mortgage market and damage the potential for property investors to maximise gains, a ...
BORROWER • Tue, 26 Mar 2019
Bank’s remediation work hits cash earnings
Westpac’s cash earnings for the first half of 2019 will be reduced by an estimated $260 million as the bank continues to work on its customer remediation programs for ...
LENDER • Mon, 25 Mar 2019
Prospa hires new GM to manage NZ business
The SME lender has announced that it has hired its first general manager to head up operations in New Zealand.
GROWTH • Tue, 12 Mar 2019
Loan Market adds personal lender to panel
Non-bank lender SocietyOne has become the latest lender to join Loan Market’s panel, enabling brokers to distribute the lender’s unsecured personal loans to customers
LENDER • Mon, 11 Mar 2019
Brokerage commits 20% of commissions to homelessness
A new online brokerage will donate a percentage of its commissions to help fight homelessness.
BROKER • Sun, 03 Mar 2019
Resimac drops three construction loans, updates policy
The non-bank lender has announced the removal of three construction loan products, as well as changes to application requirements.
LENDER • Sun, 03 Mar 2019