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Breaking News
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...
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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...
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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...
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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...
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‘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...
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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...
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CoreLogic partners with Austbrokers
by Reporter • 11 Jan 2019
The property research group has announced its partnership with home insurance brokerage Austbrokers.
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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...
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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.
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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...
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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.
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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...
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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...
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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...
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‘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...
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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...
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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...
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‘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...
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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,...
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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.
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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...
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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...
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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...
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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...
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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...
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