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Suncorp confirmed today that it will introduce a new broker commission structure designed to reward "persistent, quality advised-based business".
The FBAA yesterday called on the Federal government to broaden the scope of its proposed financial services sector legislation.
Broker numbers are tipped to fall by up to 5,000 as lending volumes slide, commissions are cut and regulation nears implementation.
The Australian business community has bleak expectations for the September quarter, Dun & Bradstreet’s Business Expectations Survey today revealed.
South Australian first home buyers will benefit from a $4,000 stamp duty grant in a new measure announced in the state’s budget yesterday.
The House of Representatives economics committee yesterday launched an inquiry into the Australian banking system.
In more bad news for Mobius, Standard & Poor’s Ratings Service this week placed the ratings on several of its NCM-04 notes on CreditWatch.
Gross domestic product (GDP) rose a surprising 0.6 per cent, seasonally adjusted, in the March quarter ABS data revealed yesterday.
Australia’s current slump in residential construction will leave a legacy of insufficient dwelling stock for the coming decade, Macromonitor warned yesterday.
Mortgage sale figures released by the Australian Finance Group (AFG) yesterday revealed a dramatic fall in consumer confidence and willingness to borrow.
The minister for Superannuation and Corporate Law, Senator Nick Sherry, yesterday released the Green Paper for national regulation of the financial services industry.
The “existing arrangements” for broker remuneration would rem...
Record quarterly originations driven by strong broker flows and s...
The state government has pledged to develop a support package for...
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