James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media. He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser. He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group. James holds a BA (Hons) in English Literature and an MA in Journalism.
Industry to defend trail commissions
The Combined Industry Forum is expected to highlight the benefits of trail commission to the Productivity Commission following a recent attack on broker remuneration by ...
GROWTH • Wed, 28 Feb 2018
Broker commissions ‘far aligned’ from customer interests: PC
The chairman of the Productivity Commission has said that while it may be in the interests of the bank and the broker to limit churn, it is not in the interests of the ...
BROKER • Tue, 27 Feb 2018
Brokers settled $200bn of loans in 2017
Broker market share has continued to rise over the December quarter, according to fresh figures from MFAA.
BROKER • Tue, 27 Feb 2018
Broker scrutiny a ‘backhand compliment’, says AFG boss
AFG chief executive David Bailey is encouraging brokers to provide submissions to the Productivity Commission, adding that scrutiny of the industry is evidence of its ...
BROKER • Sun, 25 Feb 2018
Brokers have ‘key role’ in communicating CCR changes
Online lender RateSetter is calling on brokers to help combat misunderstanding and fear about changes to comprehensive credit reporting.
BROKER • Fri, 23 Feb 2018
Broker rejects PC report’s ‘incorrect’ remuneration figures
An industry veteran has rejected the Productivity Commission’s claims that brokers receive more than $4,600 in commission on each home loan.
BROKER • Tue, 20 Feb 2018
Opinion: The missing piece in mortgage broker scrutiny
With more and more reports being published about the mortgage broking industry, there is one conspicuous area that has failed to be included.
BROKER • Mon, 19 Feb 2018
NAB, Advantedge tighten mortgage lending criteria
The major bank has reduced its loan-to-income (LTI) ratio in response to regulatory concerns about Australia’s high level of household indebtedness.
LENDER • Mon, 19 Feb 2018
APRA deems SME loans ‘higher risk’
In its efforts to make Australian banks “unquestionably strong”, the prudential regulator is proposing that ADIs hold more capital against loans to small businesses
BORROWER • Thu, 15 Feb 2018