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St George latest to rethink broker commissions
by Staff Reporter • 30 Apr 2008
In the new structure brokers still have the potential to earn a maximum of 0.70 per cent up front and 0.25 per cent... READ MORE
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No plans to cut broker commissions: NAB
by Staff Reporter • 28 Apr 2008
In contrast to Westpac, which announced commission cuts earlier this month, NAB Broker regional general manager Matt... READ MORE
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Nationwide Lending secures GE Money funding accreditation
by Staff Reporter • 24 Apr 2008
Under the partnership GE Money will fund the mortgage manager’s branded products from May 2008. Managing... READ MORE
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CBA to cut broker commissions
by Staff Reporter • 23 Apr 2008
Kathy Cummings, CBA head of third party banking, said this morning that the combined pressures of the last eight... READ MORE
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BankWest guarantees broker commissions
by Staff Reporter • 21 Apr 2008
The announcement follows Westpac’s shock decision to slash broker commissions, fueling fears other major banks... READ MORE
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Brokers? future in white labelling: Wilson National
by Staff Reporter • 18 Apr 2008
According to Wilson National managing director Geoff Wilson, brokers should stand by their brand and consider white... READ MORE
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April 08: Cuts to broker commissions likely, says survey
by Staff Reporter • 18 Apr 2008
Of the 74 per cent of respondents that believe commissions will fall, 21 per cent anticipate cuts within the next six... READ MORE
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Commissions cuts prompt media attack on brokers
by Staff Reporter • 16 Apr 2008
A number of tabloid daily newspapers this week claimed broker-originated mortgages were a more costly option for... READ MORE
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MFAA calls on Government to secure funding sources
by Staff Reporter • 15 Apr 2008
Phil Naylor, chief executive of the MFAA, said the need for securitised sources of funding had never been more... READ MORE
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Brokers back non-banks despite ASIC report findings
by Staff Reporter • 10 Apr 2008
According to the report, average non-ADI fees significantly exceed banks and mutuals. In particular, non-ADI early... READ MORE
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MFAA warns of ?back to the future? danger for industry
by Staff Reporter • 4 Apr 2008
In a submission to the Senate Select Committee into Housing Affordability, MFAA CEO Phil Naylor said that competition... READ MORE
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Brokers appreciate need for commission clawbacks: St George
by Staff Reporter • 26 Mar 2008
Mr Heavey’s comments follow the bank’s recent decision to change arrangements on broker commission... READ MORE
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March 08: Proposed new laws may cripple broker distribution for...
by Staff Reporter • 18 Mar 2008
Of chief concern is Clause 33 of the proposed Bill – prepared for the Ministerial Council on Consumer Affairs by... READ MORE
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Banks?profitability increases pressure on broker commissions
by Staff Reporter • 14 Mar 2008
Lenders need to radically review their use of brokers if they are to improve profitability, according to JPMorgan and... READ MORE
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Leading mutual winds back broker originated business
by Staff Reporter • 11 Mar 2008
The credit union attributed the rising cost of funding mortgages and current conditions in securitisation markets... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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