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Industry veteran questions calls for standardised commissions

by • 26 Apr 2018
A move to introduce a standard upfront commission paid to brokers is not necessary, according to one Perth-based...READ MORE

Brokerage CEO steps down following earnings downgrade

by • 24 Apr 2018
iSelect has announced the immediate resignation of CEO Scott Wilson as its share price plummets by more than 55 per... READ MORE

Home buyers increasingly flocking to brokers

by • 24 Apr 2018
Australians are increasingly seeking expertise from mortgage brokers when purchasing a property, new research has... READ MORE

ANZ partners with new broker tool

by • 24 Apr 2018
The major bank has announced its “transformational” partnership with a fintech tool designed to improve... READ MORE

Major brokerage calls for remuneration reform

by • 24 Apr 2018
One of the nation’s largest brokerages has called for a number of reforms to broker commissions and clawbacks and... READ MORE

Brokers unfazed by rise in online players

by • 23 Apr 2018
Mortgage brokers are not threatened by increased competition from online broking platforms, according to MyState... READ MORE

FSC supports heavier penalties for corporate crooks

by Reporter • 23 Apr 2018
The Financial Services Council has backed the federal government’s decision to increase civil and criminal penalties... READ MORE

‘Flawed’ mortgage lending could trigger risk

by • 23 Apr 2018
Revelations of “flawed” lending practices uncovered by the royal commission could expose the property market to... READ MORE

10 years of jail for most serious Corporations Act breaches

by • 23 Apr 2018
Individuals who are found guilty of breaching the Corporations Act could face up to 10 years in prison and/or... READ MORE

Compliance costs ‘should be on us’, says aggregator

by • 23 Apr 2018
The CEO of a boutique aggregator has confirmed that the group will not be passing on compliance costs to its... READ MORE

Inaugural Aggregator Sentiment Survey launches

by • 23 Apr 2018
With increasing focus on compliance, scrutiny of commissions and digital disruption, aggregators are needing to... READ MORE

CEO of AMP resigns with immediate effect

by • 20 Apr 2018
AMP chief executive Craig Meller has brought forward his resignation from the end of the year, to step down... READ MORE

NAB backs remuneration structure but calls for ‘improvements’

by • 20 Apr 2018
The major bank has written to brokers highlighting that it supports the current broker remuneration structure but... READ MORE

Total mortgage values rise in February

by • 20 Apr 2018
The total value of owner-occupier home loans increased in February, according to the latest data from the Australian... READ MORE

More consistent support needed for new brokers: FBAA

by • 20 Apr 2018
The head of the Finance Brokers Association of Australia has said that the failure rate for new brokers is improving,... READ MORE

Aggregator acquires strategic interest in commercial lender

by • 19 Apr 2018
A major aggregator has entered into a binding agreement to make a strategic investment of 30.4 per cent (fully... READ MORE

Opinion: Will brokers pay the price for increased scrutiny?

by • 19 Apr 2018
Aggregators are under pressure to monitor their members more closely and dedicate more resources to compliance, which... READ MORE

Industry has its say on who a broker acts for

by • 19 Apr 2018
Several leading brokers and brokerages have clarified who a broker acts for, outlining what they believe the true role... READ MORE

Bank ‘forced’ to hike interest rates

by • 18 Apr 2018
A regional bank has said that it was forced to increase rates by up to 16 basis points this week in response to rising... READ MORE

Advantedge announces new appointment

by Reporter • 18 Apr 2018

A NAB-owned white label funder has announced changes to its state leadership in South Australia.

READ MORE

Aggregation boss urges brokers to focus on data

by • 18 Apr 2018
The head of a major mortgage aggregator has stressed the importance of using customer data to build trust with clients... READ MORE

OmniPay launches ‘collaborative’ supply chain finance platform

by Staff Reporter • 18 Apr 2018
A Sydney-based fintech has launched a new invoice finance platform aimed at helping suppliers better manage their cash... READ MORE

Lending slows by 18% at regional bank

by • 17 Apr 2018
A non-major lender has reported an 18.3 per cent fall in lending growth over the past quarter and a dramatic slowdown... READ MORE

Aggregator provides PC with ‘evidence’ of broker outcomes

by • 17 Apr 2018
AFG has provided the Productivity Commission with several examples of positive consumer outcomes produced by its... READ MORE

Changes to remuneration could ‘put the market back 30 years’

by • 17 Apr 2018
Drastic changes to broker remuneration would cost borrowers “significantly more” and “put the market back 30... READ MORE

NAB prohibits advisers from forming new broker relationships

by • 17 Apr 2018
The big four bank has suspended the ability for financial advisers to establish new broker relationships under certain... READ MORE

Customer advocacy for brokers at ‘all-time high’: Advantedge

by • 16 Apr 2018
The satisfaction level among borrowers who used a broker to secure a white label mortgage is at a record high,... READ MORE

Major lenders produce broker interview guide

by • 16 Apr 2018
The big four banks have released a new interview guide for use by brokers when introducing loans to participating... READ MORE

Home loan demand falls as values rise

by Staff Reporter • 16 Apr 2018
Demand for home loans dropped again in February, though median dwelling values increased, according to new data from... READ MORE

FBAA calls for ‘perspective’ on broker remuneration

by • 16 Apr 2018
The Finance Brokers Association of Australia has urged for calm amid the ongoing scrutiny of the sector, highlighting... READ MORE
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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