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Big 4 expected to demand clarity from ASIC

Former YBR head Tim Brown has become the latest industry representative to warn that hazy guidelines around responsible lending wil...
October 16, 2019
A new commercial loans portal, Marketplace.finance, has launched, which enables accredited referrers such as brokers to find commercial finance s...
September 18, 2019

An increasing number of loans lodged by brokers are progressing to settlement, despite increased scrutiny on mortgage applications, according to MFAA research. 

September 17, 2019
ASIC and the AFP have begun court proceedings against suspected members of an online fraud syndicate that allegedly used stolen identity informat...
September 17, 2019
Helping SME clients secure finance is one aspect of a finance broker’s business, but understanding when and how to provide it is also key, says...
September 17, 2019

ABA CEO Anna Bligh has urged small-business owners to seek credit, amid new research reporting loan approval rates of 94 per cent. 

September 17, 2019
Australian prime home loan arrears fell in July in all states except NSW and South Australia, but they remain above their five-year average, new ...
September 16, 2019

BOQ and Heritage have both made updates to their processes for expense validation, effective immediately.

September 16, 2019
As of today, Teachers Mutual Bank will make changes to its loan origination servicing calculator, which will require brokers to select the desire...
September 16, 2019

The big bank has responded to the ABA’s new Banking Code of Practice with the introduction of its Customer Support Hub.

September 16, 2019
Non-bank lender Pepper Money has launched mortgage lending operations in New Zealand, offering advisers in New Zealand the technology and tools t...
September 15, 2019

Contrary to industry expectations, the MFAA has reported a decline in the number of commercial loans written by mortgage brokers.  

September 15, 2019

SME lender Grow Asset Finance has purchased Eclipx Commercial for $14.6 million, as Eclipx divests its assets to reduce debt.

September 15, 2019

The SME lender has launched a new, interactive education program to assist brokers transition into SME lending.

September 15, 2019

The average annual commission earned by a broker has slipped to a record low, according to new MFAA research, which has come amid renewed calls for clawback reform. 

September 12, 2019
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