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One-man broker firms untenable
by Malavika Santhebennur • 14 Oct 2019
A Sydney-based broker opines that broker firms need a team of brokers to operate efficiently as home loan applications... READ MORE
Deloitte

Mortgagors most likely to seek product switch
by Hannah Dowling • 11 Oct 2019
Home loan account holders are more likely to seek financial assistance than holders of other financial products, a new... READ MORE
Liberty Financial

Non-bank lender launches new loan product
by Malavika Santhebennur • 11 Oct 2019
A non-bank lender has announced that it is piloting a new loan product that will enable small businesses access to... READ MORE
AMP

AMP merges banking and wealth division, bank CEO steps down
by Charbel Kadib • 11 Oct 2019
The financial services giant has announced the merger of its banking and wealth divisions following the resignation of... READ MORE

Aggregator co-founder resigns

by Charbel Kadib • 10 Oct 2019
A veteran of the mortgage broking industry and co-founder of a major aggregator has stepped down from his role. READ MORE
Robbie Fidler

Lender appoints national broker manager
by Charbel Kadib • 10 Oct 2019
A non-bank lender has announced the appointment of a national broker channel manager to help bolster its presence in... READ MORE
AFG

AFG volumes propelled by market tailwinds

by Charbel Kadib • 10 Oct 2019
The aggregator has kicked-off the 2020 financial year with a sharp uptick in residential mortgage volumes. READ MORE
NAB

Big 4 bank cuts fixed rates by up to 40 bps
by Hannah Dowling • 10 Oct 2019
A major bank has announced cuts of up to 40 basis points across fixed rate home loan products for owner-occupiers and... READ MORE
Stephen Moore

Aggregator pushes for broker wellbeing
by Malavika Santhebennur • 10 Oct 2019
The CEO of a mortgage aggregator has stressed the importance of mental health among mortgage brokers on World Mental... READ MORE
APRA

Regulators downplay impact of lower floor rates
by Charbel Kadib • 10 Oct 2019
APRA’s serviceability changes have only had a “small” impact on residential mortgage growth, with most... READ MORE
Suncorp

Suncorp highlights broker utility in Treasury submission
by Charbel Kadib • 9 Oct 2019
The non-major bank has lodged a submission to Treasury as part of the consultation process for the proposed best... READ MORE
Resimac and Citibank

Resimac, Citi cut variable rates

by Hannah Dowling • 9 Oct 2019
Both lenders have announced cuts to variable interest rates by 15 basis points, short of the full 25 basis point cut by... READ MORE
Gary Dickson

Non-major appoints interim CFO
by Malavika Santhebennur • 9 Oct 2019
MyState Bank has appointed Gary Dickson to the role of interim CFO. READ MORE
Tony Carn

Lenders need to ‘get with the program’ on digitised variations
by Hannah Dowling • 9 Oct 2019
With digital loan applications now an industry standard, lenders should be focused on the digitisation of the loans... READ MORE
Macquarie

Macquarie outperforms majors in mortgage market
by Charbel Kadib • 8 Oct 2019
The non-major bank has recorded stronger mortgage portfolio growth than each of the big four banks, new APRA data has... READ MORE
Scholarship program

GO1.com launches scholarship program for brokers
by Reporter • 8 Oct 2019
Compliance, professional development and training platform GO1 has announced the launch of a scholarship program... READ MORE

Short-term lender launches in-house auditorium

by Malavika Santhebennur • 8 Oct 2019
HomeSec Business Finance has announced the opening of a $650,000 conference facility for use by brokers and broking... READ MORE
Andy Yang

Smartphone enters consumer finance market
by Malavika Santhebennur • 8 Oct 2019
Smartphone brand realme will enter the consumer finance market in Australia through Make It Mine. READ MORE
Macquarie and ING

Macquarie, ING among several lenders to cut rates

by Charbel Kadib • 7 Oct 2019
A number of non-major lenders have reduced their variable home loan rates, most of which have fallen short of the full... READ MORE
For sale sign

Lenders keen on FHB loan deposit scheme consultation
by Malavika Santhebennur • 7 Oct 2019
The National Housing Finance and Investment Corporation has seen strong interest from brokers as it seeks feedback on... READ MORE
ASIC

ASIC issues notice to AFSL holders
by James Mitchell • 7 Oct 2019
The corporate regulator has flagged high levels of non-compliant Australian financial services licensees when it comes... READ MORE
Anna Bligh

Banks back funding financial counselling
by Malavika Santhebennur • 7 Oct 2019
The ABA has supported recommendations for the big four banks to partly fund the financial counselling sector. READ MORE
The Treasury

Final call: Best interests duty submissions due today
by Charbel Kadib • 4 Oct 2019
Today is the last day in which broking industry stakeholders can lodge submissions to Treasury regarding the federal... READ MORE
Variable mortgage rate cuts continue

Variable mortgage rate cuts continue

by Charbel Kadib • 4 Oct 2019
Non-major lenders have repriced their mortgage products following the Reserve Bank’s latest cut to the cash rate.  READ MORE

RateSetter joins PLAN’s lender panel
by Reporter • 4 Oct 2019
The peer-to-peer lender has announced that it has joined PLAN Australia’s panel of lenders in a bid to boost its... READ MORE