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AFG earnings buoyed by broker output

Strong broker-originated settlement growth has underpinned a 15 per cent increase in the diversified mortgage business’ net profit....
September 30, 2020
The federal Treasury has confirmed that the proposed changes to broker clawback arrangements are expected to take effect from 1 January 2021....
August 30, 2020

An increase in commissions paid to the group’s broker network has driven a 16 per cent slide in earnings, offset by a 7 per cent year-on-year increase in settlements.

August 27, 2020
Both ANZ and CBA have launched new online lending platforms for business loans that claim to conditionally approve within 20 minutes. ...
August 27, 2020

The former Yellow Brick Road CEO will join the board of an ASX-listed brokerage and financial services group.

August 27, 2020

A fintech SME lender has joined AFG’s panel of specialist finance providers.

August 27, 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 28 August.

August 27, 2020
The head of a major aggregation group has called for more guidance around whether the ban on clawback recoupment will apply to loans lodged befor...
August 26, 2020
The value of broker-originated home loans has bounced back after declining in the months preceding the economic fallout from the COVID-19 outbreak, new MFAA data has revealed....
August 26, 2020

The best interests duty could significantly increase the market share of brokers writing loans in the next three years, according to an aggregator.

August 26, 2020

The FBAA has said it is “farcical” for lenders to still be posting loan documents to brokers, and is urging banks to move to digital documents.

August 25, 2020

Brokers have been encouraged to prepare for the resumption of debt obligations following the expiry of COVID-related relief packages.

August 25, 2020

Better Choice Home Loans has launched a new home loan product for self-employed borrowers with no risk fee or LMI.

August 25, 2020

A Sydney-based brokerage is the first specialist finance brokerage to have been given a B Corporation certification.

August 25, 2020
An increasing number of people are using government stimulus payments to pay their mortgages or rent, according to new data from the Australian B...
August 24, 2020
more from the adviser
meeting room Aggregator heads to consult with government over credit changes

Several leaders of aggregation groups have noted the government...

CBA ING ta CBA, ING slash variable rates ahead of touted RBA move

The lenders have reduced variable mortgage rates for both owner-o...

closed sign Government announces small-business insolvency reforms

The federal government has announced a range of small-business in...

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