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CBA broker flows continue to fall
The major bank’s half-year results show that the group is driving more new mortgage originations through its proprietary channels.
BROKER • Wed, 07 Feb 2018
Brokerage reveals big plans following Westpac deal
A mortgage brokerage has this week received $25 million in funding from Westpac and aims to serve 10 per cent of Australian mortgage customers by 2028.
BROKER • Mon, 05 Feb 2018
Industry consolidation to improve quality of deals
The broking head of one of Australia’s largest non-bank lenders believes that the consolidation of smaller players will lift the quality of mortgage applications.
GROWTH • Sun, 04 Feb 2018
CBA-owned aggregator not dropping lenders from panel
The chief executive of eChoice has assured brokers that CBA-owned Finconnect will not be cutting any lenders from its panel after it acquired the boutique aggregator.
LENDER • Thu, 01 Feb 2018
Marketplace lender reveals big plans for broker channel
MoneyPlace CEO Stuart Stoyan is banking on Liberty’s broker relationships and funding capabilities to execute an ambitious strategy for the widespread distribution of ...
LENDER • Wed, 31 Jan 2018
Property prices continue to fall
The latest CoreLogic data has found that home values fell in all but one capital city last week.
GROWTH • Tue, 30 Jan 2018
ASIC probe confirms in-house product bias
The regulator’s review of Australia’s five largest financial advice providers has found alarming levels of in-house financial product recommendation by financial planners
COMPLIANCE • Wed, 24 Jan 2018
Opinion: Why do the majors get so much broker business?
One would think that with more than half of mortgages being written by brokers, the dominance of the big four would be disrupted. But this is not the case.
BROKER • Wed, 24 Jan 2018
‘We will never sell to a bank’, says aggregation boss
The head of a boutique aggregator has explained the group’s position on vertical integration following the acquisition of one of its competitors.
AGGREGATOR • Tue, 23 Jan 2018