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Breaking News
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...
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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...
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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.
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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...
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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...
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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...
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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.
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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...
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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.
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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...
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Stone Real Estate’s mortgage brokerage hires MD
by Malavika Santhebennur • 4 Oct 2019
A real estate agency’s mortgage broking arm has appointed a former banker as its new managing director.
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Treasurer blasts big 4 for failing to pass on full cut
by Charbel Kadib • 3 Oct 2019
The banks have “a lot of explaining to do”, Treasurer Josh Frydenberg has said, after all four major banks failed...
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Low rates fail to lure new home buyers
by Malavika Santhebennur • 3 Oct 2019
Record-low interest rates are not doing anything to persuade Australians to enter the property market, but refinancing...
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AMM reshuffles leadership team
by Reporter • 3 Oct 2019
The mortgage management firm has announced changes to its organisational structure.
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ABA pushes ahead with SME advocacy campaign
by Malavika Santhebennur • 3 Oct 2019
The banking association has continued its work in promoting finance opportunities for small businesses.
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Mortgage rates drop in response to RBA move
by Charbel Kadib • 2 Oct 2019
Lenders have begun to slash their home loan rates in response to the Reserve Bank’s latest cut to the cash rate.
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Broking industry reacts to record low cash rate
by Charbel Kadib • 2 Oct 2019
The broking industry has reacted to the Reserve Bank’s latest cut to the official cash rate, with stakeholders...
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Bank MD steps down, replacement appointed
by Malavika Santhebennur • 1 Oct 2019
A non-major bank has appointed a new managing director after its current head announced his resignation.
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RBA drops cash rate to new low
by Charbel Kadib • 1 Oct 2019
The central bank has cut the official cash rate for the third time in five months.
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Home lending activity slows but set to soar
by Charbel Kadib • 1 Oct 2019
Housing growth has “reached its low”, with the interest rate environment and recent regulatory...
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Mortgage rates to crack 2.5%
by Malavika Santhebennur • 1 Oct 2019
Mortgage rates are set to hit new lows with the RBA expected to cut rates for the third time in a matter of months.
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AFL final puts brakes on Melbourne auctions
by Malavika Santhebennur • 1 Oct 2019
Auction activity slowed across Melbourne as AFL grand final fever gripped the city but it was the busiest week for...
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Major bank revises broker remuneration policy
by Charbel Kadib • 30 Sep 2019
A big four bank has announced changes to the way it pays upfront commissions to mortgage brokers.
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Westpac launches major new broker education platform
by Annie Kane • 30 Sep 2019
Westpac Group has launched a major new online learning and business knowledge platform for finance brokers, thought to...
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ABA slammed for appointing CBA CEO to chair
by Malavika Santhebennur • 30 Sep 2019
Head of the FBAA Peter White has questioned the banking association’s decision to appoint CBA CEO Matt Comyn as...
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