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Better Choice announces new products

by • 14 Feb 2019
A mortgage manager has announced the addition of new loan products to its suite of...READ MORE

Netherlands model was ‘a failure’: Sam White

by • 13 Feb 2019
The head of the major brokerage has disputed Commissioner Hayne’s suggestion that the Netherlands consumer-pays model... READ MORE

Fee-for-service to ‘significantly reduce’ competition: AMP

by • 13 Feb 2019
A chief economist has conceded that a consumer-pays remuneration model is likely to have a significant adverse impact... READ MORE

RC commentary has ‘missed’ key aspect of broker role

by • 13 Feb 2019
The CEO of a major aggregator has said that the commentary around the value of brokers has “missed” an “important... READ MORE

Still time to bring ‘common sense’ to trail debate

by • 13 Feb 2019
Not all hope is lost for mortgage brokers as there is still time to bring “sense and balance” to the remuneration... READ MORE

Brokerage heads warn of banking royal commission impacts

by Carl Mazzolo • 12 Feb 2019
Changing broker remuneration off the back of the royal commission’s recommendations could cause “significant... READ MORE

Lender simplifies specialist loan applications

by • 12 Feb 2019
Non-bank mortgage provider Resimac has announced a range of simplifications to its specialist loan applications,... READ MORE

Prime Minister backs broker channel

by Annie Kane • 11 Feb 2019
Prime Minister Scott Morrison has voiced his support for the broker channel and outlined their important role in the... READ MORE

Non-bank lender expands leadership team

by Annie Kane • 11 Feb 2019
A non-bank lender has appointed three new executive general managers to support its growth and “further strengthen... READ MORE

NZ mulling Hayne’s recommendations

by • 11 Feb 2019
The New Zealand government revealed that it is reviewing Commissioner Hayne’s final report and its implications for... READ MORE

RC reforms would not ‘sound death knell’: Deloitte

by • 11 Feb 2019
Commissioner Hayne’s call for a borrower-pays remuneration model and introduction of a “best interest duty” for... READ MORE

Bank withdraws from low-doc space

by • 11 Feb 2019
A non-major lender has removed its low-doc loan offering for new and existing customers to “align with industry... READ MORE

Online brokerage launches mortgage monitoring tool

by • 11 Feb 2019
Online mortgage broker uno Home Loans has launched a digital monitoring tool, allowing customers to compare their home... READ MORE

Trail book buyers call for calm over RC recommendations

by • 8 Feb 2019
The heads of two leading trail book buyers have voiced disappointment at the recommendation for trail commissions to be... READ MORE

Non-banks voice support for brokers following RC

by • 8 Feb 2019
Several non-bank lenders have been voicing their support for the broker channel and highlighting their dependence on... READ MORE

Comyn mulling RC impact on demerger

by • 8 Feb 2019
The Commonwealth Bank CEO is considering the impact of the banking royal commission’s recommendations concerning... READ MORE

Homeowner financial comfort declines

by • 8 Feb 2019
The financial inequality gap in Australia has narrowed for the first time in seven years but homeowners’ financial... READ MORE

Major campaign launches to showcase broker value

by • 7 Feb 2019
A national campaign has been launched by a coalition of industry players to demonstrate the competition and choice that... READ MORE

Brokers ramp up political engagements following banking royal...

by Carl Mazzolo • 7 Feb 2019
The broking industry has been on the offensive in the past week, meeting MPs, writing letters and campaigning for the... READ MORE

Coping in the wake of the banking royal commission

by Annie Kane and Jerome Doraisamy • 7 Feb 2019
The banking and financial services royal commission has dealt a blow to the broking industry on a professional and... READ MORE

Big banks comment on broker remuneration changes

by Annie Kane and Charbel Kadib • 6 Feb 2019
EXCLUSIVE: The major banks have begun releasing their reactions to the banking royal commission recommendations on... READ MORE

Industry advocating for new upfront structure

by • 6 Feb 2019
Aggregators and broker group heads have said they are on the front foot and working to try and raise the upfront... READ MORE

Banking royal commission calls for best interests duty

by Carl Mazzolo • 6 Feb 2019
Commissioner Hayne has recommended that the law be amended to include a best interests duty for mortgage brokers in his... READ MORE

Aggregators disappointed but not deterred by RC report

by • 5 Feb 2019
Following the release of the banking royal commission’s final report, several aggregator heads have voiced dismay at... READ MORE

RBA reveals cash rate verdict

by • 5 Feb 2019

The central bank has determined the cash rate for February, following its monthly board meeting.

READ MORE

Association heads slam ‘damaging’ RC final report

by Annie Kane • 5 Feb 2019
The heads of two broking associations have hit out at the final report from the financial services royal commission,... READ MORE

Treasury: Trail to be banned next year

by Annie Kane • 5 Feb 2019
Updated: Government will look to ban trail commissions in the broking industry for new loans from 1 July 2020 with a... READ MORE

Market pundits predict looming rate cut

by • 5 Feb 2019
While the majority of industry expect today’s RBA meeting to result in the cash rate being held at its record low... READ MORE

Resimac standardises commission structure

by • 5 Feb 2019
The non-bank lender has announced changes to its commission structure, including the standardisation of the upfront and... READ MORE

Final banking royal commission report released

by Carl Mazzolo • 4 Feb 2019
The final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services... READ MORE
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