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Brokers divided on rate outlook
Mortgage brokers appear to be split on whether the Reserve Bank will cut rates again in 2017.
BROKER • Thu, 22 Dec 2016
False payslips see broker permanently banned
ASIC has permanently banned a former finance broker from engaging in credit activities.
BROKER • Thu, 22 Dec 2016
‘Too many unknowns’ in ASIC funding model: FBAA
The Finance Brokers Association of Australia remains in ongoing discussions with Treasury and key profile industry stakeholders regarding the proposed funding model for ...
COMPLIANCE • Wed, 21 Dec 2016
Flavell warns of further rate hikes in 2017
Mortgage Choice chief executive officer John Flavell believes Australia’s lenders will continue to lift interest rates throughout 2017 against a backdrop of increasing ...
GROWTH • Wed, 21 Dec 2016
Westpac third-party GM to join specialist lender
Westpac’s NSW state general manager of third-party distribution will head up broker sales at a leading specialist lender in 2017.
LENDER • Wed, 21 Dec 2016
Bank launches new home loan following broker feedback
An Australian bank has today launched a new home loan product which offers a discount against the combined average standard variable rates offered by three of the major ...
BROKER • Tue, 20 Dec 2016
BOQ acquires SME funding business
Bank of Queensland today announced that it will acquire Centrepoint Alliance Limited’s Premium Funding business for $20 million.
GROWTH • Tue, 20 Dec 2016
REA Group to roll out white-label home loans
Online real estate portal realestate.com.au has partnered with a major bank to launch a suite of branded home loan products.
GROWTH • Mon, 19 Dec 2016
Apartment prices to fall up to 20%, warns economist
A leading economist has predicted unit prices in Sydney and Melbourne to lose up to 20 per cent of their value as areas become oversupplied.
GROWTH • Mon, 19 Dec 2016