Breaking News
International Mortgage Brokers Federation launches
by Annie Kane • 16 Oct 2018
A new cross-border broker association has launched as the FBAA forms the “world-first international federation for...READ MORE
Mortgage Choice appoints new CFO
by • 16 Oct 2018
The broking franchise has announced the appointment of a new chief financial officer.
READ MORENew digital ‘banking alternative’ launches
by • 16 Oct 2018
A new digital platform, run in partnership with Bendigo and Adelaide Bank, has launched to give Australians a... READ MORE
AMP rolls out borrower interview guide
by • 16 Oct 2018
The wealth giant has joined the ranks of the big four banks by requiring brokers to adopt a borrower interview guide... READ MORE
ANZ CEO chimes in on broker debate
by • 15 Oct 2018
ANZ CEO Shayne Elliott has responded to calls for broking reform during a parliamentary committee hearing in... READ MORE
Brokers on a ‘one-way ticket’ to 60–70% market share
by • 15 Oct 2018
The head of a major aggregator is confident that the broking industry will further capitalise on the growing distrust... READ MORE
Home loan approvals continue slipping
by • 15 Oct 2018
Mortgage approvals fell by 2.7 per cent in August, this time driven by a decline in owner-occupied home loan approvals... READ MORE
Former CBA mobile lender to stand trial for loan fraud conspiracy
by Annie Kane • 12 Oct 2018
A former mobile lender for the Commonwealth Bank of Australia is to stand trial for conspiracy to defraud the bank,... READ MORE
Brokers will need to become ‘mortgage advisers’: Fintech head
by • 12 Oct 2018
Mortgage brokers will need to move to become “mortgage advisers” or risk being left behind, the head of an... READ MORE
‘Tricky’ broker model ‘mostly works well’: Westpac CEO
by • 12 Oct 2018
Westpac CEO Brian Hartzer has highlighted the importance of the current broking model, despite stating that a... READ MORE
Trust in financial services crucial to economic growth
by Eliot Hastie • 12 Oct 2018
Australia’s economic growth will suffer if trust is not rebuilt in the financial services industry, according to CFA... READ MORE
Former Vow Financial CFO joins tech solutions firm
by • 12 Oct 2018
A technology solutions firm has appointed the former CFO of Vow Financial to its executive team.
READ MOREHuman oversight needed over data analytics
by • 11 Oct 2018
Big data and analytics are a key part of the current and future success of businesses, but human oversight is still... READ MORE
Brokers encouraged to review professional indemnity cover
by • 11 Oct 2018
The Finance Brokers Association of Australia has urged brokers to review their professional indemnity (PI) insurance as... READ MORE
Aggregator launches new commission management platform
by • 10 Oct 2018
Custom Equity Group has launched a new cloud-based commissions and portfolio management platform to help boost broker... READ MORE
Major bank profits could rise by 1.8% if trail is cut
by • 10 Oct 2018
The big four banks would increase their profits by an average of 1.8 per cent should trail commission be removed, but... READ MORE
Fixed rate demand rises by 6% in September
by • 10 Oct 2018
Borrower demand for fixed rates increased in September, rising off the back of out-of-cycle rate hikes from the banks,... READ MORE
Major aggregator launches broker profiling tool
by • 10 Oct 2018
A major finance aggregator has launched a profiling tool to assist with broker recruitment and training.
READ MOREFBAA refutes RC concern over broker commissions
by • 9 Oct 2018
The industry association has responded to a suggestion made by Commissioner Hayne that the payment of value-based... READ MORE
Bank reports ‘double system’ mortgage growth
by • 9 Oct 2018
A non-major lender has attributed over $500 million in mortgage portfolio growth to a shift in demand away from the big... READ MORE
Open banking could make expense checks easier for brokers
by • 9 Oct 2018
Brokers will be one of the many beneficiaries of the comprehensive credit reporting and open banking regimes,... READ MORE
ASIC permanently bans former NAB branch manager
by Charbel Kadib • 8 Oct 2018
The corporate regulator has announced that it has banned a former NAB branch manager for accepting false documentation... READ MORE
Hayne questions broker accreditation
by • 8 Oct 2018
Commissioner Ken Hayne has questioned whether accreditation requirements skew the relationship between brokers and... READ MORE
Broker opportunities building up in SME market
by • 8 Oct 2018
As residential lending slows, the greatest opportunities for brokers will emanate from the SME market, according to... READ MORE
MFAA reveals its thoughts on RC report
by • 5 Oct 2018
The broker association has outlined its thoughts on the royal commission interim report, noting that issues raised... READ MORE
Bank partners with MSA National
by • 5 Oct 2018
A non-major lender has announced its partnership with the mortgage documentation and settlements services... READ MORE
Royal commission questions longevity of HEM
by Carl Mazzolo • 5 Oct 2018
The use of the Household Expenditure Measure as a benchmark for borrowers’ living expenses has been called into... READ MORE
Latitude announces new chief executive
by Eliot Hastie • 5 Oct 2018
Latitude Financial Services has announced that it has appointed a new managing director and chief executive officer,... READ MORE
Rising mortgage costs to impact affordability: PIMCO
by • 5 Oct 2018
Despite falls in house prices over the last year, rising mortgage costs will continue to impact affordability,... READ MORE
Broker couple charged for NCCP breaches
by • 4 Oct 2018
A couple have been charged with breaching a banning order and providing false home loan documentation to a bank,... READ MORE

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