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Adelaide Bank

Bank withdraws from low-doc space
by Reporter • 11 Feb 2019
A non-major lender has removed its low-doc loan offering for new and existing customers to “align with industry... READ MORE
Fintech digital technology

Online brokerage launches mortgage monitoring tool
by Annie Kane • 11 Feb 2019
Online mortgage broker uno Home Loans has launched a digital monitoring tool, allowing customers to compare their home... READ MORE
Trading

Trail book buyers call for calm over RC recommendations

by Annie Kane • 8 Feb 2019
The heads of two leading trail book buyers have voiced disappointment at the recommendation for trail commissions to be... READ MORE

Non-banks voice support for brokers following RC
by Annie Kane • 8 Feb 2019
Several non-bank lenders have been voicing their support for the broker channel and highlighting their dependence on... READ MORE
Matt Comyn, CEO of Commonwealth Bank

Comyn mulling RC impact on demerger
by Charbel Kadib • 8 Feb 2019
The Commonwealth Bank CEO is considering the impact of the banking royal commission’s recommendations concerning... READ MORE
For sale

Homeowner financial comfort declines
by Ezekiel MacNevin • 8 Feb 2019
The financial inequality gap in Australia has narrowed for the first time in seven years but homeowners’ financial... READ MORE

Major campaign launches to showcase broker value
by Annie Kane • 7 Feb 2019
A national campaign has been launched by a coalition of industry players to demonstrate the competition and choice that... READ MORE

Brokers ramp up political engagements following banking royal...
by Annie Kane • 7 Feb 2019
The broking industry has been on the offensive in the past week, meeting MPs, writing letters and campaigning for the... READ MORE

Coping in the wake of the banking royal commission
by Annie Kane and Jerome Doraisamy • 7 Feb 2019
The banking and financial services royal commission has dealt a blow to the broking industry on a professional and... READ MORE
australian dollars money cash broker remuneration change banking royal commission

Big banks comment on broker remuneration changes
by Annie Kane and Charbel Kadib • 6 Feb 2019
EXCLUSIVE: The major banks have begun releasing their reactions to the banking royal commission recommendations on... READ MORE

Industry advocating for new upfront structure
by Annie Kane • 6 Feb 2019
Aggregators and broker group heads have said they are on the front foot and working to try and raise the upfront... READ MORE
banking royal commission commissioner kenneth hayne best interest duty final report

Banking royal commission calls for best interests duty
by Tas Bindi • 6 Feb 2019
Commissioner Hayne has recommended that the law be amended to include a best interests duty for mortgage brokers in his... READ MORE

Aggregators disappointed but not deterred by RC report
by Annie Kane • 5 Feb 2019
Following the release of the banking royal commission’s final report, several aggregator heads have voiced dismay at... READ MORE
RBA

RBA reveals cash rate verdict
by Charbel Kadib • 5 Feb 2019
The central bank has determined the cash rate for February, following its monthly board meeting. READ MORE

Association heads slam ‘damaging’ RC final report
by Annie Kane • 5 Feb 2019
The heads of two broking associations have hit out at the final report from the financial services royal commission,... READ MORE
Josh Frydenberg

Treasury: Trail to be banned next year

by Annie Kane • 5 Feb 2019
Updated: Government will look to ban trail commissions in the broking industry for new loans from 1 July 2020 with a... READ MORE
Reserve Bank of Australia

Market pundits predict looming rate cut
by Reporter • 5 Feb 2019
While the majority of industry expect today’s RBA meeting to result in the cash rate being held at its record low... READ MORE
scott mcwilliam resimac standardise commission structure upfront commission trail commission rate on all loan products

Resimac standardises commission structure
by Reporter • 5 Feb 2019
The non-bank lender has announced changes to its commission structure, including the standardisation of the upfront and... READ MORE
australia treasury final banking royal commission report released change to broker remuneration

Final banking royal commission report released
by Annie Kane • 4 Feb 2019
The final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services... READ MORE

VIDEO: A message to brokers after the royal commission
by Alex Whitlock • 4 Feb 2019
Momentum Media director Alex Whitlock speaks out on the royal commission findings and urges brokers to focus on their... READ MORE
Kenneth Hayne

Final royal commission report to be released this afternoon
by Annie Kane • 4 Feb 2019
Commissioner Kenneth Hayne submitted his final report to the Governor-General on Friday, with the government response... READ MORE
Writing a letter

Banks send open letter to politicians

by Charbel Kadib • 4 Feb 2019
Policymakers have been urged to consider the broader ramifications of recommendations proposed by the financial... READ MORE
ME Bank

Bank announces 18 bps rate rise
by Charbel Kadib • 1 Feb 2019
The second wave of out-of-cycle rate hikes has continued, with a non-major lender lifting its mortgage rates by up to... READ MORE
blue question marks digital consumer pays model broker remuneration consumers think of fee for service model

REVEALED: What consumers think of broker remuneration

by Annie Kane • 1 Feb 2019
The impact of a consumer pays model on the broking industry has been quantified in an industry-first report,... READ MORE

Insurance group to roll out broker advocacy campaign
by Ezekiel MacNevin • 1 Feb 2019
Mortgage and loan protection group ALI insurance will roll out a new marketing campaign aimed at promoting the... READ MORE