News

Consolidation of lenders to be ‘big theme’ in 2019

Following Macquarie’s announcement that it will cease offering new white-label loans, the joint CEO of a non-bank lender has suggested ...

December 16, 2018 8

A national mortgage brokerage has announced the appointment of a new general manager of operations and a new state sales development mana...

December 09, 2018 0

The government has appointed a new deputy chair to the Australian Securities and Investments Commission following the resignation of Pete...

December 09, 2018 2

A digital lender has appointed its first national manager for broker distribution to help develop its broker offering and mortgage produ...

December 06, 2018 2

The “operationalisation” of borrower living expenses will be one of industry’s “biggest challenges” next year, ING’s new head...

December 06, 2018 6

The co-founder and director of a nationally recognised brokerage has issued a warning to his peers after being a witness in an ASIC inve...

December 06, 2018 1

A regional bank has increased interest rates on its investor loan products and has introduced an establishment fee on its owner-occupied ...

December 06, 2018 0

A big four bank has confirmed that it will be changing the way it calculates upfront commissions from next year, in line with reco...

December 05, 2018 25

A majority of brokers would cancel their accreditation or avoid using Commonwealth Bank products if a fees-for-service model is introduce...

December 05, 2018 7

The financial services giant has announced the appointment of a group executive to its leadership team. ...

December 05, 2018 0

Another bank has announced that it will be updating the way it pays broker commissions from 1 January 2019. ...

December 05, 2018 6

First home buyers could be more active than reported in official statistics, with over a third choosing to purchase an investment propert...

December 04, 2018 0

The Reserve Bank announced its cash rate decision for the month of December this afternoon, set against a backdrop of a property market t...

December 04, 2018 0

The corporate regulator has permanently banned three Victorian-based brokers convicted for conspiring to defraud financial institutions....

December 04, 2018 19

Given the royal commission’s focus on broker remuneration and commissions, brokers have been outlining their thoughts on fees for servi...

December 03, 2018 18

more from the adviser

13 December 2018 Brokerage CEO reveals ‘the most important thing a broker does’

Problem-solving and offering transparency and education around mo...

13 December 2018 Bank CEO urges RC to consider ACCC findings

The CEO of a non-major bank has called on the financial services ...

13 December 2018 FBAA welcomes ASIC reduction of fees

The Finance Brokers Association of Australia has welcomed the ne...

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