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AFP charges RAMS founder with fraud
RAMS founder John Kinghorn has been charged with fraud for allegedly avoiding tax obligations worth more than $30 million.
LENDER • Tue, 31 Oct 2017
‘Compliance is not a competitive advantage’: Choice
Choice Aggregation Services chief executive Stephen Moore says that unity and cooperation will be required for the mortgage broking industry to self-regulate.
COMPLIANCE • Mon, 30 Oct 2017
FBAA welcomes news from major bank
News that mortgage brokers are originating the majority of home loans for a major bank has been welcomed by the Finance Brokers Association of Australia.
LENDER • Mon, 30 Oct 2017
Brokers send $1bn in mortgages to non-bank in four months
One of Australia’s largest non-bank lenders, following a spike in broker accreditations, has hit a new milestone with $9 billion in mortgages under management.
BROKER • Sun, 29 Oct 2017
Business conditions at highest level since GFC
The Treasury believes that cheap finance will continue to strengthen Australia’s business sector.
GROWTH • Fri, 27 Oct 2017
ASIC cancels auto dealer’s credit licence
The corporate regulator has cancelled the Australian credit licence of Cairns-based second-hand car dealer William Barry Young.
BORROWER • Fri, 27 Oct 2017
Brokers responsible for 56% of major bank flows
Mortgage brokers have become the primary distribution channel for a major lender, whose CEO concedes that customers no longer want to visit branches.
BROKER • Thu, 26 Oct 2017
Award-winning broker: Tamara Virgo
It takes something pretty special to nab multiple wins at The Adviser’s Better Business Awards. We find out how this WA-based broker bagged the awards she did.
BROKER • Thu, 26 Oct 2017
Mortgage broker banned for life
ASIC has permanently banned a Victoria-based mortgage broker after she failed to disclose a past criminal conviction while applying for an ACL.
BROKER • Thu, 26 Oct 2017