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Newly licensed bank affirms commitment to broker channel

by Charbel Kadib • 24 Apr 2019
A challenger bank has been granted a full banking licence by the prudential regulator, which it has said would bolster...READ MORE

Common sense ‘missing’ in loan application scrutiny

by • 24 Apr 2019
Overbearing and persnickety reviews of loan applications have, at times, been “contrary to the spirit of the royal... READ MORE

Coalition commits $100m to new SME fund

by • 24 Apr 2019
The Morrison government has committed to establishing an SME growth fund, designed to provide “high growth... READ MORE

Fixed rate demand slips ahead of rate cuts

by • 24 Apr 2019
Borrower demand for fixed rate home loans dropped in March, but rate cuts announced over the past few weeks could... READ MORE

Remuneration changes won’t spark broker exodus

by • 23 Apr 2019
The head of third party at a non-major lender is confident that potential remuneration changes won’t push brokers out... READ MORE

Virgin Money announces rate cuts

by • 23 Apr 2019

The non-major lender has decreased its fixed mortgage rates by up to 40 basis points.

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Former ANZ director appointed CEO of SME lender

by • 23 Apr 2019

FE Investments Group has named a former director at ANZ Bank as its new chief executive.

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Labor urged to be ‘careful’ with LRBA changes

by • 23 Apr 2019
The possibility of a Labor government banning LRBAs could be a cause for concern for commercial property lenders like... READ MORE

ALP showing ‘willingness’ to discuss commissions

by • 18 Apr 2019
The federal Labor opposition’s position on broker remuneration is not “fixed” but it is yet to be sold on... READ MORE

FBAA director to lead broker federation as chair

by • 18 Apr 2019
The head of the FBAA has been elected as the chair of a recently established cross-border organisation aimed at... READ MORE

SME lender officially launches equipment finance loan

by • 18 Apr 2019
OnDeck has officially launched its new equipment finance loan for small businesses, as it urges brokers to help small... READ MORE

Brokers rate non-major as the best performing bank

by Annie Kane • 17 Apr 2019
Brokers have rated a non-major bank as the top performing ADI in the mortgage broker market, ahead of the big four,... READ MORE

Bank CEO backs deferred upfront model

by • 17 Apr 2019
The CEO of a non-major bank has said that any changes to broker remuneration need to consider the “sustainability”... READ MORE

Challenger bank unfazed by broker uncertainty

by • 17 Apr 2019
A neobank plans to “forge ahead” with its broker strategy and expand its distribution network despite continued... READ MORE

Banks urged to cut interest rates

by • 17 Apr 2019
The Finance Brokers Association of Australia has welcomed moves by several major banks to reduce fixed interest rates,... READ MORE

Refinancers saving thousands on mortgage repayments

by • 17 Apr 2019
Borrowers who have opted to refinance are saving an average of 66 basis points on their home loan interest rate,... READ MORE

Brokers helping SME clients a ‘win-win’

by • 16 Apr 2019
The CEO of SME lender OnDeck has encouraged brokers to embrace fintechs and diversify into SME lending, as new research... READ MORE

Brokers will be ‘critical strategic partner’ for new bank

by • 16 Apr 2019
SME lender Judo Capital has said that brokers will continue to be a “critical strategic partner” once it officially... READ MORE

Submissions open for Australian Broking Awards 2019

by • 16 Apr 2019
Submissions are now open for the 2019 Australian Broking Awards, the prestigious annual event that highlights the... READ MORE

Mortgage brokers urged to ride the ‘energy wave’

by • 16 Apr 2019
There is an “enormous opportunity” for mortgage brokers to expand into the energy sector, according to an asset... READ MORE

Neo-lender banks on brokers with new partnership

by • 15 Apr 2019
A new entrant in the lending space has partnered with a mortgage aggregator to secure a national distribution network... READ MORE

APRA to take on new responsibilities

by Eliot Hastie • 15 Apr 2019
APRA is ready to take on new responsibilities and adopt a broader focus in their activities, according to an... READ MORE

YBR makes progress on $300m securitisation initiative

by • 15 Apr 2019
The third-party mortgage and advice business is one step closer to securing a $300 million RMBS warehouse facility... READ MORE

Former REA Group executive joins FlexiGroup

by • 15 Apr 2019

FlexiGroup has appointed a former media executive at REA Group to the position of chief revenue officer.

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ASBFEO calls on brokers to help SMEs

by • 12 Apr 2019
The small business ombudsman has highlighted the need for brokers to help SMEs accessing finance, noting that it could... READ MORE

Former ASIC chair condemns broker commission ban

by • 12 Apr 2019
A senior official at the OECD is the latest to denounce commissioner Hayne’s recommendation to abolish lender-paid... READ MORE

BOQ’s sharp mortgage slump offset by broker growth

by • 12 Apr 2019
Growth in home loan settlements via the broker channel has softened the blow of the non-major's negative mortgage... READ MORE

MFAA code of practice gains interim authorisation

by • 12 Apr 2019
The MFAA has recently been granted interim authorisation to enforce its Code of Practice as it awaits “final... READ MORE

In Memoriam: Don Martyn, 1955-2019

by • 11 Apr 2019

Don Martyn, a long-serving broker and keen sailor, has passed away at the age of 64 following a heart attack.

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CBA pays additional compensation for advice failings

by • 11 Apr 2019
ASIC has released its final report on the major bank’s compliance with financial advice licence conditions,... READ MORE
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