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Broker faces court for alleged $12m fraud
by Reporter • 26 May 2015
A mortgage broker has appeared in court after ASIC alleged he operated a Ponzi scheme. READ MORE

Westpac poaches leading CBA third-party executive
by Reporter • 26 May 2015
Former Commonwealth Bank executive Lyn Cobley has been appointed Westpac Institutional Bank’s new group executive. READ MORE

Bank working weekends to fix turnarounds
by Nick Bendel • 26 May 2015
ME Bank has been working extended hours to get turnarounds back on track after its 3.99 per cent rate contributed to a... READ MORE
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RBA report highlights credit risks
by Reporter • 26 May 2015
A new report by the Reserve Bank of Australia has warned that rising unemployment and household indebtedness could have... READ MORE
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MFAA relocation means ‘increased productivity’
by Huntley Mitchell • 26 May 2015
The MFAA is now closer to industry firms and is offering brokers hot desk facilities since its recent move to pricier... READ MORE
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Economy has flatlined, survey reveals
by Reporter • 26 May 2015
Property and finance are two of the bright spots in an otherwise sluggish economy, a new business survey has found. READ MORE
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ASIC forces bank to change lending practices
by Staff Reporter • 25 May 2015
Bank of Queensland has changed its lending practices following concern from ASIC about the way it assessed applications... READ MORE

Bankwest appoints new broker head
by Reporter • 25 May 2015
Bankwest has announced the appointment of Stewart Saunders as it general manager of broker sales for its retail... READ MORE
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Nation's largest lender under margin pressure
by James Mitchell • 25 May 2015
A report on Australia’s biggest bank has found it will face ongoing margin pressure after its quarterly trading... READ MORE
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AFG snares real estate-backed mortgage group
by Reporter • 25 May 2015
Australia’s largest aggregator has partnered with a new brokerage that expects to be represented in all states and... READ MORE
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Scottish Pacific offers new SME opportunity
by Reporter • 25 May 2015
Scottish Pacific has extended funding options for Australia and New Zealand SMEs after announcing it will now offer... READ MORE

Sydney market poised for downturn
by Nick Bendel • 22 May 2015
Overcrowding concerns and declining investor demand could cause Sydney price growth to plummet to just one-fifth of its... READ MORE
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Brokers can drive more business via the internet
by Karina Cotter • 22 May 2015
The Adviser has launched a one-day, interactive boot camp, partnered by Westpac, to help brokers build and grow their... READ MORE
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Appoint a housing minister: federal inquiry
by Reporter • 22 May 2015
Politicians from the key political parties have demanded the creation of a dedicated housing ministry to help make... READ MORE
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Beware of tax concession traps
by Reporter • 22 May 2015
Small businesses should be wary of “bending the rules” to capitalise on the government’s newly proposed tax... READ MORE

Brokers to feel effects of APRA investor crackdown
by Huntley Mitchell • 21 May 2015
APRA’s focus on investor lending could have a significant impact on brokers who specialise in that segment of the... READ MORE
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New campaign to generate ‘awareness and leads’ for brokers
by Reporter • 21 May 2015
Pepper has launched a new campaign aiming to raise the profile of specialist lending and educate borrowers about its... READ MORE
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New app to reduce turnaround times
by Reporter • 21 May 2015
The MFAA has announced a partnership with a new smartphone app designed to help brokers manage the compliance process... READ MORE
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Scrapping first home owner grant ‘makes no sense’
by Reporter • 21 May 2015
The Western Australian Budget has dealt a blow to first home buyers, who will no longer receive a government grant for... READ MORE

Broker banned for $3.6m fraud
by Reporter • 20 May 2015
ASIC has punished a Sydney broker with a 10-year ban after she was convicted of loan fraud. READ MORE
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‘Responsible’ Bankwest puts brake on investor lending
by Reporter • 20 May 2015
Bankwest has made it harder for investors to secure loans, in a sign that APRA’s campaign on lending standards is... READ MORE
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Connective brokers offered new growth opportunity
by Reporter • 20 May 2015
Connective has officially launched its new range of white-label home loan products under its home loans brand. READ MORE
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Public bank bashing could spell good news for brokers
by Reporter • 20 May 2015
APRA’s criticism of bank lending practices might have provided brokers with a golden marketing opportunity. READ MORE

Brokers hit new market share record
by Reporter • 19 May 2015
The rise and rise of mortgage broking has continued, with the industry setting a new record for market share. READ MORE
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Mortgage brokers still love their local champions
by Reporter • 19 May 2015
Brokers might have just as much of a soft spot for their state’s bank as they do their state’s beer, if new data is... READ MORE