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MEDIA
ASIC extends exemption for credit hardship arrangements
The corporate watchdog has issued Credit (Amendment) Instrument 2018/114, which amends Class Order 14/41 as it applies to providers of consumer credit and consumer leases
COMPLIANCE • Wed, 14 Mar 2018
Broker urges MFAA, FBAA to ‘stand up’ to scrutiny
A top mortgage broker has expressed his frustration with the level of scrutiny and negative news plaguing the industry.
BROKER • Mon, 12 Mar 2018
Former eChoice managers, brokers join rival aggregator
The managing director of an award-winning boutique aggregator has confirmed that “a couple of familiar faces” will be joining the group.
AGGREGATOR • Sun, 11 Mar 2018
Royal commission releases car finance report
A fresh report from the royal commission has highlighted that only 16 per cent of car buyers use a broker to secure financing.
GROWTH • Fri, 09 Mar 2018
Microsoft-based platform updates software
FinPal has launched a new version of its financial planning software to incorporate integrations with Moneysoft and Investfit, new data feeds and a revamped client portal
TECH • Tue, 06 Mar 2018
Credit union sees increase in broker flows
Mortgage brokers were responsible for originating just over $500 million in new lending for credit union CUA over the six months to December 2017.
BROKER • Fri, 02 Mar 2018
Demand for fixed rates continues to fall
Demand for fixed rate home loans has fallen for the sixth consecutive month, new data has revealed.
GROWTH • Fri, 02 Mar 2018
AFG banking on new commercial platform
The major aggregator believes that its latest platform will allow a greater number of mortgage brokers to seize opportunities in the SME and commercial lending space.
BORROWER • Thu, 01 Mar 2018
Court finds major bank breached NCCP
The Federal Court in Melbourne has published its findings and reasons for ordering ANZ to pay a penalty of $5 million for breaches of the responsible lending provisions ...
LENDER • Thu, 01 Mar 2018