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BOQ, Virgin Money slash serviceability rates

The non-major and its subsidiary have lowered their interest rate floors for home loan serviceability assessments. ...
February 29, 2020
Revenue earned by aggregators and mortgage managers on white label home loan products may be deemed “conflicted remuneration” under the government’s best interests duty bi...
December 09, 2019
The Australian Banking Association has welcomed the new guidance on responsible lending, stating that it is an “important milestone” in clarifying responsible...
December 09, 2019
The financial services regulator has released its updated guidance on responsible lending obligations, whi...
December 09, 2019
Commissions paid to brokers on top-up loans may be deemed “conflicted remuneration” under the current drafting of the best interests duty bill, the industry working group ha...
December 08, 2019
Brokers operating in New Zealand need to prepare for the potential introduction of a best interests duty in New Zealand, according to Pepper Money’s direct...
December 08, 2019
The mortgage aggregator has introduced a new process for loan applications that requires both brokers and consumer to approve that a loan is “a...
December 08, 2019
A former broker has teamed up with a training specialist to launch a new business finance certification program that aims to equip residential brokers with the tools to diversif...
December 08, 2019
A former commerical broker has launched a new private property online lending marketplace that enables real estate developers and investors to pitc...
December 05, 2019

Mortgage aggregator AFG has appointed Anita Lindsay to the role of sales manager for Western Australia.

December 05, 2019
Non-bank SME lender Prospa has again highlighted the opportunity that the holiday season brings for brokers to assist their SME clients, as well ...
December 05, 2019

A lender has announced that it will no longer offer credit products funded by third parties.

December 05, 2019
The broking industry has doubled down on its push to revise existing clawback arrangements, with one industry association reiterating its support for clawbacks to be abolished....
December 04, 2019
A new knowledge-sharing initiative that asks brokers to share the experiences they have with lenders in or...
December 04, 2019
The mutual bank has announced reductions of up to 102 basis points on fixed rates for new borrowers, with some products seeing a decrease of 10 b...
December 04, 2019
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trophyaward 850 Revealed: The winners of the Better Business Awards NSW/ACT

The leading lights of the broking industry from across NSW and AC...

prospa new 2 Prospa reshuffles leadership team

The SME lender has announced changes to its leadership team follo...

Wisr ta Wisr originations jump 90%, profit falls

The neo-lender has reported a $12.9 million loss in the six month...

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