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Industry must ‘embrace’ scrutiny, says Loan Market head

The head of the major brokerage has backed the remuneration review in three years’ time, stating that the industry “should expect scr...
June 27, 2019

While many economists do not foresee a V-shaped recovery in the housing market in the coming year or so, one has a more optimistic view.

May 26, 2019
The role of small-business owners and brokers in helping re-elect the Coalition back into power cannot be discounted, the head of an SME lender h...
May 26, 2019

The non-bank lender has appointed a new staff member to the newly created role of senior underwriter in New Zealand.

May 26, 2019
Political and regulatory developments are conspiring in favour of the broking industry, with a rise in sentiment towards the industry reflected in share price spikes for two maj...
May 23, 2019

The major bank and its subsidiaries have made changes to their residential lending policies, including tighter serviceability measures for self-employed borrowers.

May 23, 2019

The low level of home ownership among younger age groups has played a role in business loans being rejected, the chief executive of MYOB has noted.

May 23, 2019

The rebranded publicly listed bank has announced surpassing $200 million in loans since inception.

May 23, 2019
Brokers should be applying new credit card assessment rules to their loan applications, the solicitor director of The Fold Legal has suggested....
May 22, 2019
While the federal election result has granted a reprieve for the conversation around trail commission, brokers should still be looking to build v...
May 22, 2019
The Coalition’s surprise victory may have reinstalled certainty over broker remuneration, but change is “constant”, a broking industry veteran has said, encouraging broker...
May 22, 2019
ASIC chair James Shipton has called for financial institutions to make the industry more inclusive to all parts of the community, as international financial regulators rep...
May 22, 2019
APRA’s newly announced proposal to allow banks to set their own serviceability floors when assessing residential mortgage loan applications cou...
May 21, 2019
Movements in prime mortgage arrears were mixed across Australia, with the ACT the only region to record a fall in March, according to new statistics by Standard & Poor’s....
May 21, 2019
Australia’s small business ombudsman is reminding the re-elected Coalition government to “follow through” on the promises it made to support the nation’s small-business ...
May 21, 2019
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