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Broker convicted, fined $9,000
by reporter • 3 Dec 2020
A finance broker has been convicted of three counts of making false statements to ASIC, and fined $9,000.
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BID changes could see brokers earning nothing on some loans
by Annie Kane • 2 Dec 2020
Connective has warned that the expanded BID could threaten broker livelihoods by obligating them to fully flex down on...
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In Focus: Helping self-employed clients when they need it most
by Robyn Tongol • 1 Dec 2020
In this episode of In Focus, partnered by RedZed, we discover why it’s crucial for brokers to help self-employed SMEs...
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Association heads call for POS conflict resolution
by Annie Kane • 1 Dec 2020
The MFAA and FBAA have echoed concerns that the extension of the BID to finance brokers could unfairly...
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Asset finance brokers raise alarm over BID extension
by Annie Kane • 30 Nov 2020
Asset finance brokers writing consumer loans have raised concerns that the best interests duty extension could damage...
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Broker association appoints new president
by Annie Kane • 27 Nov 2020
A broker association has welcomed a new president, a new VP and two new board members, after the “founding...
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What’s Making Headlines – the COVID-19 vaccine
by Robyn Tongol • 27 Nov 2020
What’s Making Headlines is your source for all the very latest in Australian real estate news.
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Broker market share surpasses 60%
by Annie Kane • 26 Nov 2020
More than 60 per cent of residential mortgages were written by brokers between July and September 2020, the highest...
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Why this broker is choosing sustainability over growth
by Malavika Santhebennur • 26 Nov 2020
Veteran broker Sarah Wells reveals why she’s no longer focusing on growing her business and instead prioritising...
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90% of Loan Market complaints ruled in favour of brokers
by Malavika Santhebennur • 25 Nov 2020
The majority of AFCA complaints received against the major brokerage’s brokers were resolved in their favour,...
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