The new best interests duty would provide lenders with a greater deal of “comfort” when dealing with the third-party channel and would serve as an “opportunity” for brok...

The non-major has revised its guarantor policy in response to provisions in the new banking code of practice.

A Sydney-based brokerage has experienced a 40 per cent increase in settlement volumes year-on-year, after adopting paperless loan technologies....

Brokers should aim for “round-the-clock” efficiency and return a client’s call within two hours, advises a Sydney-based broker, who has outlined how broking is increasing...

The regulator has “overreached” in its interpretation of the best interests duty and should “dial back” its guidance, according to the director of a risk management serv...

Brokers will be required to meet their best interests duty obligations when assessing the suitability of other credit products linked to a home loan, according to the regulator....

Working capital lender Scottish Pacific has made a new senior appointment to service commercial finance br...

ASIC has permanently banned a Queensland-based financial adviser and cancelled the AFSL of Financial Options Pty Ltd.

Several members of industry have applauded the financial services regulator’s draft guidance on the incoming best interests duty for mortgage b...

The customer-owned bank has recorded a 5 per cent decline in its profit after tax despite growth in both loan approvals and deposits.

The financial services group has agreed terms with an Australian bank for a $120-million residential mortgage-backed warehouse facility.

The principal and founder of Astute Ability Finance Group, Mhairi MacLeod, has renewed her call for further adoption of corporate social responsi...

The corporate regulator has outlined the documentation it expects mortgage brokers to store as means to demonstrate their compliance with the best interests duty.

The mortgage aggregator has reported a 10 per cent earnings increase, despite a $400-million decline in settlements originated by its broker network.