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productivity commission pc ban trail commission financial advice

PC reiterates stance on trail commissions

by Annie Kane • 14 Jan 2019
The Productivity Commission has once again called on the government to ban trailing commissions in the provision of... READ MORE
Capify

Capify appoints first partnerships manager for Vic/SA

by Annie Kane • 14 Jan 2019
The small business lender has appointed a new senior manager for strategic partnerships, its first manager dedicated to... READ MORE
Loan Market

Loan Market adds lender to panel

by Reporter • 14 Jan 2019
The broking franchise has announced the appointment of a new lender to its panel in a move designed to broaden its... READ MORE

Virgin Money hikes variable rates

by Charbel Kadib • 11 Jan 2019
The non-major lender has increased interest rates on its variable home loan rates on variable owner-occupier and... READ MORE
Fruit tree

‘Fluid’ rate environment ripe for brokers

by Charbel Kadib • 11 Jan 2019
A backdrop of out-of-cycle interest rate rises presents brokers with a unique opportunity to highlight their value to... READ MORE
ING building

ING appoints regulatory veteran to board

by Reporter • 11 Jan 2019
The lender has announced the appointment of a former Commonwealth Treasury, IMF, RBA and APRA representative to its... READ MORE
Handshake

CoreLogic partners with Austbrokers

by Reporter • 11 Jan 2019
The property research group has announced its partnership with home insurance brokerage Austbrokers. READ MORE
NSW Parliament

NSW government launches tool to help combat mortgage stress

by Reporter • 10 Jan 2019
An online legal service designed to support borrowers tackling mortgage stress has been launched by the NSW... READ MORE
Arrow up over coins

Lender lifts equity loan rates by 15bps

by Reporter • 10 Jan 2019
A South Australian-based lender has announced a 15 basis point increase on an equity loan product. READ MORE
Red arrow up and house

Cost pressures compel bank to pull rate trigger

by Charbel Kadib • 9 Jan 2019
A bank has succumbed to wholesale funding cost pressures and increased rates on its home loan offerings by up to 18... READ MORE
Handshake

New lender joins aggregator panel

by Annie Kane • 9 Jan 2019
A marketplace neo-lender has joined the panel of a recently rebranded asset finance services partner. READ MORE

Fintech space set to grow in 2019

by Adrian Flores • 9 Jan 2019
The Australian fintech industry is due for strong growth over the next year, with platforms as one of the most active... READ MORE
Storm over city skyline

Finance sector employment outlook unhindered by RC

by Reporter • 9 Jan 2019
The employment outlook in the finance sector is set to “remain strong” despite backdrop of the financial services... READ MORE
Todd Lawler

Bluestone appoints new CFO

by Annie Kane • 8 Jan 2019
The non-bank lender has appointed Pepper Money’s former group treasurer and executive director to the role of chief... READ MORE

‘2019 will be the year of the broker’: Pepper

by Annie Kane • 8 Jan 2019
The confusion caused by the financial services royal commission and changing lending appetites will mean that this... READ MORE

New pricing tool for SME loans launched

by Ezekiel MacNevin • 8 Jan 2019
Seven fintechs have now become compliant signatories of the AFIA’s Code of Lending Practice and will be rolling out a... READ MORE

Boutique brokerage weighing up flat-fee model

by Charbel Kadib • 8 Jan 2019
A Victorian-based mortgage brokerage is considering the adoption of a fees for service business model amid calls for... READ MORE

‘People have forgotten why trail exists’: Aussie CEO

by Annie Kane • 7 Jan 2019
The reasons for paying an upfront and trail commission have been “forgotten” by the finance industry, the head of... READ MORE

Bank withdraws ‘redundant’ offset facility

by Reporter • 7 Jan 2019
A non-major lender has announced that it has withdrawn its partial offset account from its suite of offerings,... READ MORE

Why an Olympian was drawn to broking

by Reporter • 4 Jan 2019
After one runner reached the finish line in his athletic career, he began a new journey as a finance broker. READ MORE
Aussie

Major brokerage to boost store footprint

by Reporter • 4 Jan 2019
Aussie Home Loans has revealed that it plans to significantly boost its presence in Queensland following strong growth... READ MORE

Lender expects to see ‘spike’ in early 2019

by Annie Kane • 4 Jan 2019
The CEO of a marketplace lender has said he expects to see a “spike” in the number of loans over January and... READ MORE

Part-time brokers should commit or ‘get out of the industry’:...

by Annie Kane • 3 Jan 2019
The CEO of a major brokerage has said that he believes the broking industry is “going to get too hard for those who... READ MORE
New Zealand map pin

Royal commission impact hits New Zealand

by Tas Bindi • 2 Jan 2019
The effects of the Hayne royal commission have been flowing over to New Zealand, despite the systemic issues identified... READ MORE
Tight lending

Broker narrowing client base amid tighter lending standards

by Reporter • 2 Jan 2019
A NSW-based mortgage broker has resolved to become more selective with regards to the clients she services amid... READ MORE