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Lender
NAB questions volume incentives
by Nick Bendel • 27 Jun 2014
Volume bonuses have been put back on the agenda after one major bank questioned the practice.
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Big four banks improving their cross-selling ability
by Staff Reporter • 27 Jun 2014
The majors now hold almost one-third of their customer’s financial products, indicating that their ability to...
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Firstfolio debt position improves with CBA deal
by Nick Bendel • 26 Jun 2014
Firstfolio has taken a major step towards solidifying its future after a company linked to a major shareholder agreed...
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NAB adds weight to number one ranking
by Nick Bendel • 26 Jun 2014
NAB’s decision to increase its commissions and rebrand Homeside has reinforced its rise from last to first in the...
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Cash flow lender eyes broker business
by Nick Bendel • 26 Jun 2014
The new general manager of a cash flow lender has offered brokers “generous upfront and ongoing commission” in...
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Lender grows mortgage business by 55pc
by Staff Reporter • 25 Jun 2014
One lender has announced plans to double its mortgage business after reporting a big increase in broker-referred...
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Major bank ramps up commission
by Alex Whitlock, Nick Bendel • 24 Jun 2014
In a shock announcement, first-year trail commission has been reintroduced by one of the big four banks.
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Bank cuts variable rates again
by Staff Reporter • 24 Jun 2014
One lender has announced a rate cut of 20 basis points less than two months after announcing a 25-point cut.
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CBA ‘ignored evidence of $100m fraud’: Fairfax
by Staff Reporter • 24 Jun 2014
Fairfax Media has reported that the Commonwealth Bank “repeatedly ignored evidence of an alleged $100 million fraud...
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Lender follows May rate cut with June cut
by Staff Reporter • 24 Jun 2014
Brokers have been offered “minimal costs at high-end LVRs” after one lender cut 10 basis points from one of its...
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