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Hong Kong-backed broker has $650m to fund new mortgage line
by James Mitchell • 13 Oct 2017
A Melbourne-based broker part-owned by one of Hong Kong’s largest real estate players is eager to use the third-party...
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‘Disclosure has limitations’, says FBAA
by Reporter • 12 Oct 2017
The executive chairman of the Finance Brokers Association of Australia has questioned why ASIC wants more reporting in...
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Major banks grilled over broker pay and ownership
by James Mitchell • 12 Oct 2017
Westpac has defended its ownership of a mortgage broker before a parliamentary committee by pointing to CBA’s...
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Westpac group introduces new broker tool
by Reporter • 11 Oct 2017
Westpac and its subsidiaries have launched a new property valuation tool that aims to give mortgage brokers a...
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The opportunities for brokers in the SME space
by Demii Kalavritinos • 11 Oct 2017
In this episode of In Focus, OnDeck Australia’s head of sales Michael Burke and SME Finance Group CEO Neil McKay join...
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ASIC to review loan files of 'high IO' brokers
by Reporter • 11 Oct 2017
The financial services regulator has revealed that it will “shortly” begin contacting brokers that have a “high...
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Broker jailed for $170m mortgage fraud
by Reporter • 9 Oct 2017
A Victoria-based broker has been sentenced to five years' jail after pleading guilty to one charge of conspiring to...
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Better Business Awards nominations open
by staff reporter • 6 Oct 2017
Nominations for the industry’s best brokers, lenders and service providers are now being accepted for The Adviser...
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FBAA calls out UBS conclusion as ‘assumptions’
by Reporter • 6 Oct 2017
The Finance Brokers Association of Australia has excoriated UBS for releasing reports “based on assumptions and not...
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Major brokerage says 1 in 4 now struggling with mortgage
by James Mitchell • 6 Oct 2017
One of Australia’s largest mortgage brokerages has found that borrowers are beginning to feel the burden of...
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