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AFG introduces ‘appropriate’ home loan protocol
by Hannah Dowling • 9 Dec 2019
The mortgage aggregator has introduced a new process for loan applications that requires both brokers and consumer to...READ MORE
New business finance training program launches
by Annie Kane • 9 Dec 2019
A former broker has teamed up with a training specialist to launch a new business finance certification program that... READ MORE
Broker launches online lending marketplace
by Malavika Santhebennur • 6 Dec 2019
A former commerical broker has launched a new private property online lending marketplace that enables real estate... READ MORE
AFG appoints WA sales manager
by Malavika Santhebennur • 6 Dec 2019
Mortgage aggregator AFG has appointed Anita Lindsay to the role of sales manager for Western Australia.
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Brokers urged to help ‘stressed’ SMEs
by Hannah Dowling • 6 Dec 2019
Non-bank SME lender Prospa has again highlighted the opportunity that the holiday season brings for brokers to assist... READ MORE
Lender to pull externally funded loans
by Charbel Kadib • 5 Dec 2019
A lender has announced that it will no longer offer credit products funded by third parties.
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Industry united in push for clawback overhaul
by Charbel Kadib • 5 Dec 2019
The broking industry has doubled down on its push to revise existing clawback arrangements, with one industry... READ MORE
Brokers share their lender experiences in new initiative
by Annie Kane • 5 Dec 2019
A new knowledge-sharing initiative that asks brokers to share the experiences they have with lenders in order to... READ MORE
TMB announces fixed rate changes
by Hannah Dowling • 5 Dec 2019
The mutual bank has announced reductions of up to 102 basis points on fixed rates for new borrowers, with some products... READ MORE
Mortgage arrears fall, to remain low: S&P
by Reporter • 5 Dec 2019
Home loan delinquencies declined over the past quarter and are set to continue falling in response to rate cuts,... READ MORE
Advisers slam 'totally impractical' broking reform agenda
by Charbel Kadib • 4 Dec 2019
A financial advisers association has issued a strong warning against the premature implementation of best interests... READ MORE
‘Easing’ credit conditions trigger fall in broker market share
by Charbel Kadib • 4 Dec 2019
Broker market share slipped over the past quarter, which, according to the MFAA, coincided with an easing in credit... READ MORE
Aussie welcomes new state manager
by Hannah Dowling • 4 Dec 2019
The major brokerage has announced the appointment of a new state manager for Queensland, effective... READ MORE
Pre-Christmas cash rate revealed
by Charbel Kadib • 3 Dec 2019
The central bank has announced its final cash rate decision for 2019, following its monthly monetary policy board... READ MORE
Best interests duty should apply to all products: AFCA
by Charbel Kadib • 3 Dec 2019
The best interests duty should be extended to “all financial products and services recommended by a mortgage... READ MORE
ANZ waives LMI for high-earning professionals
by Hannah Dowling • 3 Dec 2019
The major bank has announced a new policy that will enable accountants and lawyers to access 90 per cent LVR mortgages... READ MORE
Virgin Money drops fixed rates
by Hannah Dowling • 3 Dec 2019
The non-bank lender has lowered fixed rates by 10 bps across owner-occupier principal and interest... READ MORE
International broking federation welcomes new member
by Reporter • 3 Dec 2019
An Irish broking industry association has been welcomed as a new member of the International Mortgage Brokers... READ MORE
Industry to continue engagement on best interests duty
by Annie Kane • 2 Dec 2019
Several industry heads have suggested that more engagement is needed to ensure that the new best interests obligation... READ MORE
Ex-CBA employee found not guilty
by Hannah Dowling • 2 Dec 2019
A former CBA employee has been found not guilty of conspiracy to commit fraud against the major bank, following a... READ MORE
New car loan application technology launches
by Hannah Dowling • 2 Dec 2019
Privately owned automotive finance group Ausloans Finance Group has rolled out a new loan application technology for... READ MORE
FHB deposit scheme to roll out broker portal
by Hannah Dowling • 29 Nov 2019
The First Home Loan Deposit Scheme will rely on applications being lodged through participating lenders and brokers,... READ MORE
ABA calls for action on financial abuse
by Hannah Dowling • 29 Nov 2019
The national association, in conjunction with older persons advocacy groups, is calling on governments to establish a... READ MORE
Loan Market recruits AFG BDM
by Malavika Santhebennur • 29 Nov 2019
The mortgage brokerage has brought Tim McKenzie on board in a new role to help drive network growth.
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Government legislates ban on conflicted remuneration
by Charbel Kadib • 28 Nov 2019
The federal government has officially introduced legislation to ban the payment of conflicted remuneration to mortgage... READ MORE
Best interests duty bill released
by Annie Kane • 28 Nov 2019
The updated best interests duty bill for mortgage brokers has been tabled in Parliament, outlining the role brokers... READ MORE
Millions of AFG shares offloaded by founders
by Charbel Kadib • 28 Nov 2019
Two AFG co-founders and directors have reduced their stake in the aggregator, selling approximately 11 million shares... READ MORE
Business Growth Fund officially launches
by Annie Kane • 28 Nov 2019
The Business Growth Fund has officially been established, with the big four banks all committing $100 million to help... READ MORE
BOQ softens lending verification requirements
by Malavika Santhebennur • 28 Nov 2019
The non-major bank has announced changes to its home and personal lending policy, including removal of LVR restrictions... READ MORE
Short-term lender hits $1bn milestone
by Annie Kane • 28 Nov 2019
Specialist short-term secured asset lender Assetline Capital has surpassed $1 billion in loan originations and is... READ MORE
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