Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

Theme for 2020 is ‘customer, customer, customer’
by Annie Kane • 2 Jan 2020
The main theme for the year 2020 will be “customer, customer, customer”, which will provide a prime opportunity for... READ MORE

Expect more sector scrutiny in 2020, associations warn
by Malavika Santhebennur • 30 Dec 2019
The two main broking associations have given notice to the broking sector to expect further intense scrutiny and... READ MORE
Prospa

Brokers urged to prepare their businesses for January
by Hannah Dowling • 30 Dec 2019
With small businesses often facing cash flow troughs due to the festive season, brokers are being urged to ensure... READ MORE
ASIC

Financial cyber resilience improving: ASIC
by reporter • 27 Dec 2019
Australian firms are more cyber resilient than ever, according to a report from ASIC. READ MORE

New broker conference centre officially opens
by Annie Kane • 27 Dec 2019
HomeSec Business Finance’s new conference and training facility in Victoria, which is free for brokers to use, has... READ MORE

Volkswagen accused of breaching responsible lending laws
by Annie Kane • 24 Dec 2019
ASIC has commenced civil penalty proceedings against Volkswagen Financial Services Australia for allegedly breaching... READ MORE
Handshake

New lender joins Loan Market’s panel
by Charbel Kadib • 24 Dec 2019
A non-major bank has been added to broking group Loan Market’s lender panel. READ MORE

Loan Market cycling team raises $100,000 for MS
by Annie Kane • 24 Dec 2019
A Loan Market-sponsored cyclist group has raised more than $100,000 for research into multiple sclerosis as part of a... READ MORE
Westpac

Westpac provides update on commissions changes
by Charbel Kadib • 23 Dec 2019
The major bank has updated brokers on its changes to broker remuneration, which remove the claim process for upfront... READ MORE
ING Bank

ING drops mortgage rates
by Reporter • 23 Dec 2019
The non-major has reduced fixed rates by up to 65 bps across its owner-occupied and investor home loans. READ MORE

Aussie provides Christmas relief to less fortunate
by Reporter • 23 Dec 2019
The major brokerage has marked its 21 years of providing support to less fortunate Australians over the Christmas... READ MORE

CBA, NAB clarify start date for FHLDS
by Annie Kane • 20 Dec 2019
The Commonwealth Bank of Australia has confirmed that brokers will be able to apply for CBA’s First Home Loan... READ MORE
Rainer Rhedey

Aussie creates new executive role
by Hannah Dowling • 20 Dec 2019
The major brokerage has appointed its first chief digital officer, a new senior leadership role that is focused on... READ MORE

ASBFEO criticises new banking code
by Hannah Dowling • 20 Dec 2019
The Small Business Ombudsman has highlighted concerns about the recently approved changes to the Banking Code of... READ MORE

Scottish Pacific looks to buy CML Group
by Annie Kane • 19 Dec 2019
SME lender Scottish Pacific has submitted a proposal to acquire non-bank debtor finance specialist CML Group, competing... READ MORE
Steve Weston

Volt unveils broker-centric home lending strategy
by Charbel Kadib • 19 Dec 2019
The challenger bank has shed light on its plans in the mortgage market, with the new entrant preparing to launch its... READ MORE
Thinktank surpasses 2 billion in settlements

Thinktank surpasses $2bn in settlements
by Annie Kane • 19 Dec 2019
Commercial property lender Thinktank has announced that it has surpassed $2 billion in loan settlements, off the back... READ MORE
Heritage Bank

Heritage raises variable rates
by Hannah Dowling • 19 Dec 2019
The non-major bank has announced changes to select mortgage interest rates for new borrowers, effective 18 December. READ MORE
Kathy Cummings

Kathy Cummings becomes BOQ’s GM of broker
by Annie Kane • 18 Dec 2019
Bank of Queensland has appointed Kathy Cummings, who established CBA’s broking business, to the newly created role... READ MORE

Senate committee calls for best interests duty clarification
by Annie Kane • 18 Dec 2019
The Senate’s standing committee for the scrutiny of bills is calling for the incoming best interests duty to be... READ MORE

SME players urged to contribute to market survey
by Annie Kane • 18 Dec 2019
The Australian Office of Financial Management is calling on all small-business lenders to complete its survey on the... READ MORE

AFG announces NSW sales manager
by Hannah Dowling • 18 Dec 2019
The aggregator has appointed David Vizza as its new state sales manager for NSW, effective immediately. READ MORE

ASIC approves banking code changes
by Hannah Dowling • 18 Dec 2019
ASIC has signed off on the updated version of the ABA’s Banking Code of Practice, which aims to better align with... READ MORE
Law Society of NSW

Stiffer penalties flagged as alternative to BID
by Charbel Kadib • 17 Dec 2019
The industry should focus on “preventing and penalising” broker misconduct rather than imposing a new legal... READ MORE
Mhairi MacLeod

Broker develops CSR platform for financial services sector
by Annie Kane • 17 Dec 2019
A leading asset finance broker and principal of Astute Ability Finance Group is set to launch a new corporate social... READ MORE