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Brokers urged to think beyond the big four as appetite turns
One of Australia’s leading non-bank lenders has urged brokers to diversify their offering as some of the banks start to dial down their third-party flows in favour of ...
BROKER • Mon, 22 May 2017
Major banks change third-party strategy
Two of Australia’s big four banks have changed their appetite for broker-originated loans in a move that could curb the growth of the third-party channel, according to a ...
LENDER • Sun, 21 May 2017
HSBC reveals broker strategy and growth plans
The global bank’s return to the third-party channel was based on 12 months of due diligence. HSBC’s Alice Del Vecchio explains how the group plans to gain a foothold in ...
BROKER • Wed, 17 May 2017
Bank returns to broker channel after 10-year absence
A foreign-owned bank that exited the broker market in 2006 has returned to the third-party channel and partnered with a major brokerage.
BROKER • Wed, 17 May 2017
No ‘smoking gun’ in broking industry, says Deloitte
A Deloitte partner has highlighted the positive outcomes of the ASIC and Sedgwick reviews into broker remuneration and their collective endorsement of a ‘lender pays’ ...
LENDER • Tue, 16 May 2017
Brokers losing lucrative deals in hot market
Mortgage brokers who focus solely on prime mortgages and investor lending are missing a major opportunity and could be placing their business at risk, according to a ...
BROKER • Tue, 16 May 2017
‘Order taker’ brokers unlikely to survive
Part-time brokers and those writing small volumes simply “won’t cut it” in the coming years as competitive pressures and increasing requirements create natural attrition ...
BROKER • Mon, 15 May 2017
First bank to move will have ‘hell to pay’
The head of a major aggregator says the big banks have plenty of ways to absorb the government’s $6.2 billion levy other than hitting mortgage customers with a rate ...
LENDER • Sun, 14 May 2017
Investor loans to be ‘hardest hit’ by mortgage repricing
Mortgages will bear the brunt of the federal government’s new big bank tax, according to one analyst, who believes rate hikes will not be enough to prompt customers to ...
BORROWER • Thu, 11 May 2017