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Heritage praises third-party team following strong growth
Mutual lender Heritage Bank has recognised its broker distribution team with an award for best overall performance at the group’s annual Retail Awards this month.
GROWTH • Tue, 15 Aug 2017
REA lacks ‘competitive advantage’ in broker channel
Analysts have echoed the concerns of existing players in warning that the real estate giant’s move into mortgages could be problematic.
BROKER • Mon, 14 Aug 2017
Bouris eager to innovate amid APRA crackdown
Mark Bouris has outlined how Yellow Brick Road could move further into product manufacturing as the banks fail to meet the demand for certain mortgages following ...
COMPLIANCE • Mon, 14 Aug 2017
Frank Ganis joins major brokerage
Mortgage veteran Frank Ganis has joined a national mortgage brokerage after stepping down from his role as executive director at Macquarie Bank earlier this year.
BROKER • Sun, 13 Aug 2017
'We have done enough' on mortgage curbs, says RBA
The Reserve Bank governor has told a parliamentary hearing about Australia’s “problematic” relationship and “heavy reliance” on interest-only lending.
BORROWER • Fri, 11 Aug 2017
Business conditions strong but retail still suffering: NAB
The strength of the Australian business sector continued in July, with business conditions rising to their highest level since early 2008.
GROWTH • Fri, 11 Aug 2017
Big banks still funding resi developments, says broker
A Sydney broker has said that up to 80 per cent of his commercial deals, mostly residential property developments, are still being funded by domestic banks and some of ...
BROKER • Thu, 10 Aug 2017
Major bank combats channel conflict, says brokers a ‘strategic’ priority
One of Australia’s largest mortgage providers is using its existing branch network to strengthen the broker-client relationship and eliminate channel conflict.
BROKER • Wed, 09 Aug 2017
MoneyQuest makes four new appointments
MoneyQuest managing director Michael Russell has announced that the company has made four new appointments.
SALES & MARKETING • Wed, 09 Aug 2017