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Lenders hike rates as funding costs spike
A handful of challenger banks and non-bank lenders have announced pricing changes in response to increased funding costs.
LENDER • Mon, 09 Jul 2018
Brokers the bright spot for regionals as headwinds mount
Australia’s challenger banks see the mortgage broking industry as a significant opportunity for growth as funding and regulatory costs begin to take their toll.
BROKER • Sun, 08 Jul 2018
Brokers in the crosshairs of a royal commission
A slew of inquiries in the past few years have seen broking come under the microscope, but what the ongoing inquiries and royal commission have focused on is testimony ...
BROKER • Sun, 08 Jul 2018
Broking triumphs over scrutiny and media criticism: Deloitte
The strength of the third-party channel and the value that brokers provide to consumers is overpowering mainstream media scrutiny, according to a new report.
LENDER • Thu, 05 Jul 2018
Brokers, bankers rocked by ‘messy’ mortgage market
Tighter credit and changing lending policies are creating confusion and complexity in the third-party channel as brokers receive conflicting messages from bank BDMs and ...
BROKER • Tue, 03 Jul 2018
Bankwest announces broker commission changes
The Australian mortgage provider has introduced the first of three changes to broker remuneration and business in a bid to “evolve industry practice and regulator ...
BROKER • Mon, 02 Jul 2018
Tighter credit slowing new home sales: HIA
The Housing Industry Association has cited the royal commission’s impact on bank lending policies as a contributing factor in the continued slide of new house sales in ...
SALES & MARKETING • Mon, 02 Jul 2018
Brokers flagged in ASIC’s scathing ‘one-stop shop’ report
Mortgage brokers, accountants, financial planners and property agents have been named in a damning report from the corporate regulator which found that 90 per cent of ...
BROKER • Thu, 28 Jun 2018
‘Significant’ spike in funding costs prompts rate hike
BOQ has announced that it will be increasing interest rates across its variable home loans and lines of credit for owner-occupiers and investors.
LENDER • Thu, 28 Jun 2018