News

Citi affirms commitment to broker channel

The non-major lender has unveiled a new broker strategy and expressed support for the third-party channel amid heightened scrutiny. ...

February 18, 2019 2

Mortgage Choice CEO Susan Mitchell has called on the federal government to open consultation with the broking industry before adopting�...

February 17, 2019 6

Commissioner Kenneth Hayne’s recommendation to ban upfront and trailing commissions paid to brokers would “decimate” the industry, ...

February 17, 2019 7

James Schulze, director and broker at Rise High Financial Solutions, has been awarded as SA’s Best Resi...

February 15, 2019 0

Australia's major parties have battled it out on the floor of parliament, with the topic of broker remuneration taking centre stage. ...

February 14, 2019 44

Standardising the rate of upfront commission paid to brokers may be a potential solution to conflicted remuneration, the CEO of a non-maj...

February 14, 2019 4

The chief executive of a mutual bank has called for caution around the implementation of Commissioner Hayne’s recommendations, saying p...

February 14, 2019 1

Coalition government MPs have railed against reforms that would “ride roughshod” over brokers and enhance the power of the big four b...

February 13, 2019 14

A non-major bank has implied that it does not expect to be heavily impacted by Commissioner Hayne’s rec...

February 13, 2019 13

A non-major lender has announced changes to its credit policy for bridging loan applications. ...

February 13, 2019 0

A mortgage manager has announced the addition of new loan products to its suite of offerings. ...

February 13, 2019 0

The head of the major brokerage has disputed Commissioner Hayne’s suggestion that the Netherlands consu...

February 12, 2019 22

A chief economist has conceded that a consumer-pays remuneration model is likely to have a significant ad...

February 12, 2019 1

The CEO of a major aggregator has said that the commentary around the value of brokers has “missed” an “important problem that brok...

February 12, 2019 6

Not all hope is lost for mortgage brokers as there is still time to bring “sense and balance” to the remuneration debate following Co...

February 12, 2019 2

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