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NAB

NAB announces home loan fee waiver
by Malavika Santhebennur • 4 Nov 2019
A major bank has issued an update about fee removals and waivers across some of its home loan products for new... READ MORE
Battle for clawback reform

Battle for clawback reform ‘not over yet’
by Charbel Kadib • 1 Nov 2019
The broking industry is determined to push through changes to clawback arrangements, after successfully negotiating... READ MORE
SME loans platform

Non-bank lender launches SME loans platform
by Malavika Santhebennur • 1 Nov 2019
An SME lending platform has launched a tool to help finance brokers better source loans for small businesses. READ MORE
Virgin Money

Virgin Money slices fixed rates by up to 20 bps
by Malavika Santhebennur • 1 Nov 2019
Another non-major lender has announced mortgage rate reductions, following several others repricing their mortgage... READ MORE
Supply chain

Debate wages over misuse of supply chain financing
by Hannah Dowling • 1 Nov 2019
In light of ongoing scrutiny over the misuse of supply chain financing to the detriment of small businesses, the... READ MORE

ANZ CEO weighs in on broker rem reforms
by Charbel Kadib • 31 Oct 2019
The chief executive of the big four bank has responded to calls for the standardisation of broker remuneration policies... READ MORE
Green light

Aggregators welcome net of offset reforms, slam critics
by Charbel Kadib • 31 Oct 2019
Broking industry groups have welcomed the federal government’s decision to extend the net of offset repayment period... READ MORE
Kate Carnell AO

ASBFEO launches review of supply chain finance
by Hannah Dowling • 31 Oct 2019
The ASBFEO has announced a review of supply chain finance to uncover its impact on SME and family enterprise cash flow... READ MORE
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‘Fast fintechs’ no substitute for bespoke support, say brokers
by Hannah Dowling • 31 Oct 2019
New research into broker sentiment towards “fast fintech” lenders has shown that brokers believe new online players... READ MORE
Peter White and Mike Felton

Net of offset changes to help clean up ‘dog’s breakfast’
by Charbel Kadib • 30 Oct 2019
Industry associations have welcomed the federal government’s decision to extend the net of offset repayment period... READ MORE
Loan Market

Loan Market welcomes new lender
by Hannah Dowling • 30 Oct 2019
The broking franchise group has welcomed a specialist lender to its panel, in order to allow its brokers to service... READ MORE

Lender farewells head of sales, appoints CCO
by Charbel Kadib • 29 Oct 2019
 A lender has announced the departure of its head of sales and the appointment of Macquarie’s former co-head of... READ MORE

Government agrees to 365-day net offset payment
by Annie Kane • 29 Oct 2019
The government will move to a 365-day cap when determining the maximum drawdown amount for commissions, instead of the... READ MORE
Prime Minister Scott Morrison

Government sets price caps for FHB scheme

by Charbel Kadib • 29 Oct 2019
The federal government has released new details regarding the administration of its First Home Loan Deposit... READ MORE
ACCC

ACCC seeks public consultation on AFG, Connective merger
by Charbel Kadib • 29 Oct 2019
The competition watchdog is reviewing the proposed merger between AFG and Connective, with stakeholders invited to... READ MORE
Auswide Bank

Auswide slashes floor rate
by Reporter • 29 Oct 2019
The non-major bank has reduced its floor rate for mortgage serviceability assessments for the second time following... READ MORE
Switch

Borrowers looking for big 4 exit door
by Hannah Dowling • 29 Oct 2019
New data has shown that 70 per cent of Australians no longer trust the big banks, and one in three is seeking expert... READ MORE
Bernadette Christie-David

Best interests duty won’t be ‘shock to system’
by Charbel Kadib • 28 Oct 2019
New obligations under the government’s proposed best interests duty won’t come as a surprise to most mortgage... READ MORE
MyState Bank

Broker sentiment on the rise
by Hannah Dowling • 28 Oct 2019
Sentiment in the mortgage broking industry has continued to improve with time following the February 2019 release of... READ MORE
Finsure

Aggregator signs new partnership agreement
by Hannah Dowling • 28 Oct 2019
Mortgage aggregator Finsure has entered a new partnership with marketing automation platform ActivePipe, in a bid to... READ MORE
Kapil Virmani

Smartline franchisee joins Bendigo and Adelaide Bank
by Reporter • 28 Oct 2019
The principal of a Smartline brokerage based in South Australia has joined the non-major’s mobile direction team. READ MORE
Peter White

FBAA sees ‘opportunity’ in calls for accountability
by Hannah Dowling • 25 Oct 2019
“Smart brokers will embrace” calls for greater accountability and best interests duty obligation, the head of the... READ MORE
Bernadette Christie-David

Net of offset confusion ‘wasting brokers’ time’
by Charbel Kadib • 25 Oct 2019
A Sydney-based brokerage director has joined calls for a standardised approach to net of offset calculations. READ MORE

Fixed rate demand stays soft
by Annie Kane • 25 Oct 2019
Fixed rate demand remains at record-low levels, with borrowers in Western Australia least likely to fix their mortgage... READ MORE

Mike Jefferies to stand down from Resimac board
by Annie Kane • 25 Oct 2019
The mortgage lender has announced that independent non-executive director Mike Jefferies is to step down from the board... READ MORE