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Virgin Money drops fixed rates

The non-bank lender has lowered fixed rates by 10 bps across owner-occupier principal and interest produc...
December 12, 2019

An Irish broking industry association has been welcomed as a new member of the International Mortgage Brokers Federation. 

December 02, 2019
Several industry heads have suggested that more engagement is needed to ensure that the new best interests obligation does not put mortgage broke...
December 01, 2019
A former CBA employee has been found not guilty of conspiracy to commit fraud against the major bank, following a six-week-long trial....
December 01, 2019
Privately owned automotive finance group Ausloans Finance Group has rolled out a new loan application technology for its brokers when writing car...
December 01, 2019
The First Home Loan Deposit Scheme will rely on applications being lodged through participating lenders and brokers, with the government reported...
November 28, 2019
The national association, in conjunction with older persons advocacy groups, is calling on governments to establish a national register of powers...
November 28, 2019

The mortgage brokerage has brought Tim McKenzie on board in a new role to help drive network growth.

November 28, 2019

The federal government has officially introduced legislation to ban the payment of conflicted remuneration to mortgage brokers.

November 28, 2019

The updated best interests duty bill for mortgage brokers has been tabled in Parliament, outlining the role brokers need to take when helping a borrower from 1 July 2020.

November 28, 2019

Two AFG co-founders and directors have reduced their stake in the aggregator, selling approximately 11 million shares on the ASX. 

November 27, 2019
The Business Growth Fund has officially been established, with the big four banks all committing $100 million to help SMEs access finance....
November 27, 2019

The non-major bank has announced changes to its home and personal lending policy, including removal of LVR restrictions on high-density apartments.

November 27, 2019
Specialist short-term secured asset lender Assetline Capital has surpassed $1 billion in loan originations and is expanding its BDM team and prod...
November 27, 2019
The NHFIC has announced one of the two major banks to be appointed to the lending panel for the federal government’s first home loan deposit sc...
November 26, 2019
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The financial services regulator has banned a former Aussie broke...