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Bank reveals new broker strategy
An Australian challenger bank will look to further align itself with the broker channel, which it views as critical for the success of the group’s 2020 strategy.
BROKER • Wed, 25 Nov 2015
Govt lobbied over commission clawbacks
The chief executive of one of the broking industry’s peak bodies has held discussions with the Assistant Treasurer concerning “unjust” clawbacks.
GROWTH • Tue, 24 Nov 2015
Bank announces product-centric commission model
An Australian challenger bank will reward brokers for writing certain home loans that support the group’s “primary bank strategy”.
LENDER • Tue, 24 Nov 2015
Westpac Golf Classic highlights value of community engagement
Industry leaders and brokers gathered at St Michael’s Golf Club in Sydney yesterday to throw their support behind a worthy cause.
LENDER • Tue, 24 Nov 2015
Property investors 'shackled' by new credit policy
A regional broker has slammed a non-major bank’s decision to change its policy “overnight”.
BORROWER • Mon, 23 Nov 2015
Value of investor lending drops
Regulatory restrictions placed on finance for investment property have resulted in a sharp fall in the value of investor lending, according to CoreLogic RP Data.
BORROWER • Mon, 23 Nov 2015
NAB Broker report shines light on fee for service
A new report from NAB Broker and Genworth has found that almost half of consumers likely to use a mortgage broker expect to pay a fee.
BROKER • Thu, 19 Nov 2015
‘Rate hike Friday’: 13 lenders up variable home loan rates
Thirteen lenders will lift their variable rates today for both owner-occupiers and investors.
LENDER • Thu, 19 Nov 2015
Capital growth to be ‘very subdued’ in 2016
Australia’s housing market has been tipped to slow substantially, although talk of a sharp correction has been dismissed.
GROWTH • Thu, 19 Nov 2015