News

Macquarie
11:10 AM, Wednesday, 20 Sep 2017
One of Australia’s largest non-major banks has announced new commission rates and changes to its clawback period, all to take effect next month. ...
Cut
07:50 AM, 20 Sep 2017
CUA has continued its “phased” return to investor lending by dropping interest rates for fixed rate investor home loans. ...
Auswide
17:21 PM, 19 Sep 2017
The Queensland-based lender has lifted its underlying NPAT by 11.4 per cent to $15.6 million for the 2017 financial year as it looks to manage shrinking margins. ...
Home values
17:01 PM, 19 Sep 2017
Home values increased marginally in all but one capital city last week, with Sydney being the only one that recorded a reversal, according to the latest CoreLogic data. ...
Mortgage
10:12 AM, 19 Sep 2017
The proportion of Australian residential mortgages more than 30 days in arrears rose to its highest level in five years, according to Moody's Investors Service. ...
Policy
07:50 AM, 19 Sep 2017
The NAB Group, including Advantedge, has changed its credit policy so that applications for interest-only and principal and interest loans will only be approved if they pass a loan-to-income ratio...
07:45 AM, 19 Sep 2017
The CEO of an award-winning non-bank lender has revealed why the group allows its broker partners to choose how they are remunerated. ...
Handshake
07:35 AM, 19 Sep 2017
The financial services and broking arm of real estate agency Raine & Horne has partnered with the ALI Group to provide their clients with loan protection. ...
Brad Cramb
09:04 AM, 18 Sep 2017
Australia’s largest mortgage broking business has today named its new general manager of distribution. ...
Boxing gloves
07:50 AM, 18 Sep 2017
The financial services regulator has disagreed with some of the findings of UBS’ recent "liar loans" report, adding that banks have “no excuse for not challenging expenses”. ...
Launch, computer, technology, rebrand
07:35 AM, 18 Sep 2017
Multi-insurance provider Ensurance Now has rebranded and rolled out additional measures to provide better broker support. ...
Fraud, jail
13:22 PM, 15 Sep 2017
A Victorian man has been convicted in the Ringwood Magistrates Court after pleading guilty to one charge of dishonestly using his position as a car finance manager with the intention of personal ga...
APRA
12:22 PM, 15 Sep 2017
Brokers are part of both the cause for and the solution to regional lenders’ struggle with the Australian Prudential Regulation Authority’s crackdown on investor loans. ...
Question
07:50 AM, 15 Sep 2017
The corporate watchdog told a parliamentary hearing this week that the big banks could be in breach of the ASIC Act over the reasons given for hiking interest rates. ...
Blind man
17:31 PM, 14 Sep 2017
The political “tit for tat” over Sydney’s growth is not a helpful way to find sustainable solutions for meeting the needs of the growing population, according to the Property Council of Austr...
more from the adviser
Non-major changes commission clawback policies

One of Australia’s largest non-major banks has announced new co...

CUA 'phases' back into investor loans, cuts rates

CUA has continued its “phased” return to investor lending by ...

Auswide profit up by 11.4% as loan book hits $2.8bn

The Queensland-based lender has lifted its underlying NPAT by 11....