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Short-term lender launches construction funding division
by Annie Kane • 3 Sep 2019
Specialist short-term secured asset lender Assetline Capital has launched a new construction funding division headed up... READ MORE

Octet assumes responsibility for BOQ debtor finance clients
by Annie Kane • 2 Sep 2019
Supply chain lender Octet has secured a long-term partnership with BOQ that will see it assume responsibility for all... READ MORE
Sean Hughes

ASIC commissioner sheds light on broker findings
by Charbel Kadib • 2 Sep 2019
If brokers “wish to be viewed as professionals”, they should offer clients “as many options as is reasonably... READ MORE
Loan application

Majority believe brokers make getting a mortgage easier
by Annie Kane • 2 Sep 2019
The vast majority of Australians believe the home loan application process to be a negative one, but two-thirds believe... READ MORE

ABA and COSBOA launch SME finance guide
by Reporter • 2 Sep 2019
A new website has been launched to provide a “step-by-step guide” to applying for small-business loans. READ MORE
Sam White and David Smith

Industry urged to take heed of ‘disappointing’ findings
by Charbel Kadib • 30 Aug 2019
The head of a major aggregator has encouraged brokers to “listen carefully” to the voices of consumers highlighted... READ MORE
Mark Haron, Peter White, Susan Mitchell

Industry sees bright side of ASIC findings
by Charbel Kadib • 30 Aug 2019
The findings from ASIC’s shadow shopping exercise “reinforces the value” of mortgage brokers by highlighting the... READ MORE
Teachers Mutual Bank

TMB reprices fixed mortgage offerings
by Reporter • 30 Aug 2019
The mutual bank has reduced fixed rates for both owner-occupiers and investors across its brands. READ MORE
Anja Pannek, Stephen Moore, Brendan Wright

PLAN, Choice, FAST welcome best interests duty
by Charbel Kadib • 30 Aug 2019
The aggregators have welcomed the federal government’s draft bests interests duty as part of a broader push to help... READ MORE

ASIC reveals findings of shadow shopping exercise
by Charbel Kadib • 29 Aug 2019
Brokers were “inconsistent” in the ways they presented mortgage options to borrowers and sometimes provided little... READ MORE
Scott McWilliam

Brokers propel non-bank to above-system lending growth
by Charbel Kadib • 29 Aug 2019
A non-bank has stated that its efforts to strengthen its presence in the third-party space have helped bolster its loan... READ MORE
Ross Le Quesne

Elite broker launches new coaching business
by Annie Kane • 29 Aug 2019
Former Aussie broker Ross Le Quesne has launched a new coaching business to help brokers scale their businesses,... READ MORE

ANZ makes changes to HEM calculation
by Reporter • 29 Aug 2019
The major bank has revised the manner in which it calculates the HEM benchmark, following on from changes implemented... READ MORE
Growth

Better Choice mortgage settlements up 50% in FY19
by Reporter • 29 Aug 2019
Better Choice Home Loans, part of the BNK Group, has reported that home loan settlements in the 2019 financial year... READ MORE
Peter White and Mike Felton

Industry reacts to proposed broking reforms
by Charbel Kadib • 28 Aug 2019
Industry associations and broking industry stakeholders have reacted to the federal government’s newly proposed best... READ MORE
AFCA

AFCA seeks greater input in ASIC interventions
by Charbel Kadib • 28 Aug 2019
The external dispute resolutions scheme has backed the corporate regulator’s new product intervention powers and has... READ MORE
Bank of China

Bank of China revamps lodgement process to boost broker access
by Reporter • 28 Aug 2019
The non-major bank has partnered with a lending fintech to bolster its home loan lodgement platform and “grow its... READ MORE

Ban period reduced for NSW mortgage broker
by Reporter • 28 Aug 2019
A former NSW mortgage broker has had his ban reduced to half the initial period that was imposed by Australia’s... READ MORE
Auswide Bank

Auswide reports 13% growth in mortgage settlements
by Reporter • 27 Aug 2019
Auswide Bank has reported “solid” growth in its home lending portfolio in the “challenging” 2019 financial... READ MORE
Sold sign

Capital city clearance rates near 80%
by Reporter • 27 Aug 2019
The upward trend in auction clearance rates has continued, adding weight to claims of a resurgence in demand for house.... READ MORE

ASIC reveals barriers to accessing financial advice

by Adrian Flores • 27 Aug 2019
High cost, distrust of financial advisers and difficulty engaging with the industry are among the barriers preventing... READ MORE

Best interests duty ‘reflects customer expectations’: Treasurer
by Charbel Kadib • 26 Aug 2019
Treasurer Josh Frydenberg has backed the federal government’s newly proposed best interests duty on mortgage brokers,... READ MORE

Broker share continues its rising trajectory
by Annie Kane • 26 Aug 2019
The mortgage broker channel has recorded its highest ever residential home loan market share for the April-June 2019... READ MORE
AFG

AFG volumes down 11% amid ‘unprecedented’ headwinds
by Charbel Kadib • 26 Aug 2019
The diversified third-party mortgage business has released its full-year results, recording a drop in settlements... READ MORE
ING

ING shakes up pre-approval process
by Reporter • 26 Aug 2019
The non-major lender has announced changes to its pre-approval assessment process in response to weaker conversion... READ MORE