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ABA welcomes new RG 209 guidance

The Australian Banking Association has welcomed the new guidance on responsible lending, stating that it is an “important milest...
January 21, 2020
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

Home loan delinquencies declined over the past quarter and are set to continue falling in response to rate cuts, according to S&P.

December 04, 2019
A financial advisers association has issued a strong warning against the premature implementation of best interests duty reforms, calling on the federal government to extend the...
December 03, 2019
more from the adviser
Scott Morrison new ta Government launches bushfire loans, grants for SMEs

Loans of up to $500,000 with zero interest for two years and gran...

NAB 2 850 NAB announces board changes

The major bank has announced the appointment of former Australian...

Nick Reilly ta Bankers ‘no longer equipped’ to deal with loan process

Borrowers will continue to flock to mortgage brokers for their ho...