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Top 10 biggest stories of 2016
It’s been a big year for mortgage broking. This year’s top 10 stories reveal what headlines caught the industry’s attention over the last 12 months.
GROWTH • Thu, 29 Dec 2016
Industry body hopes to see an end to ‘unfair clawbacks’
The Finance Brokers Association of Australia has revealed some of its top priorities for 2017, including the termination of “unfair clawbacks”.
GROWTH • Thu, 29 Dec 2016
Christmas debt tipped to hit $3.8bn
A new report from comparison website finder.com.au has revealed how Australians will manage their spending over the Christmas period.
GROWTH • Thu, 29 Dec 2016
Major aggregator reflects on 2016 milestones
The CEO of one of Australia’s largest mortgage aggregators looks back on a successful year that saw the group surpass a $50bn milestone.
AGGREGATOR • Wed, 28 Dec 2016
White-label lending a ‘runaway success’ in 2016
One of the biggest funders in the Australian mortgage market has explained why white-label products have been so successful in the third-party channel.
BROKER • Tue, 27 Dec 2016
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