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don koch board of director bnk banking corporation former ing ceo

New banking group appoints former ING CEO to board
by Reporter • 26 Mar 2019
A former CEO of ING Bank, Don Koch, has been appointed to the board of directors of the BNK Banking Corporation,... READ MORE
nab logo building cease paying referral payment introducer payments

Major bank to end introducer payments
by Annie Kane • 25 Mar 2019
A big four bank has committed to cease paying referral payments to introducers in a bid to be “simpler and more... READ MORE

Mortgage broker legal fund set to be established
by Annie Kane • 25 Mar 2019
Brokers are being asked to submit expressions of interest in whether they would support the establishment of a national... READ MORE
ASIC

AFS licences revoked after firms failed to join AFCA
by Reporter • 25 Mar 2019
The corporate regulator has cancelled the financial services licences of two firms for failing to obtain an AFCA... READ MORE
Siobhan Hayden

Hayne’s remuneration recommendations ‘contradictory’
by Tas Bindi • 25 Mar 2019
The royal commission’s final recommendations on the remuneration of brokers and bank executives are... READ MORE

Near-prime the ‘fastest-growing sector’ of lending
by Annie Kane • 22 Mar 2019
The lending landscape has changed dramatically over the past year, with near-prime lending becoming the fastest-growing... READ MORE

Third party veteran to leave bank after nearly 20 years
by Annie Kane • 22 Mar 2019
Adelaide Bank’s former general manager of third party – and current head of strategic partnerships at Bendigo and... READ MORE

FBAA launches broker advocacy campaign
by Reporter • 22 Mar 2019
The industry association has ramped up its efforts to encourage the broader community to advocate for the broking... READ MORE

81% of upgraders would use a mortgage broker
by Annie Kane • 21 Mar 2019
The vast majority of broker customers looking to buy an “upgraded” property would use a broker to fund the... READ MORE
Damian Mantini

Mortgage brokers flocking to asset finance
by Reporter • 21 Mar 2019
An asset finance services partner has experienced a sharp increase in engagement from mortgage brokers off the back of... READ MORE
Paul Rathbone

Non-bank partners with Connective
by Reporter • 21 Mar 2019
An asset finance provider has announced its partnership with third-party aggregation business Connective. READ MORE
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Brokers voice what trail means to their business
by Tas Bindi • 21 Mar 2019
The recommendation to end the payment of trailing commission by the Productivity Commission and the banking royal... READ MORE

Brokers outline trail value to shadow assistant treasurer

by Annie Kane • 20 Mar 2019
A group of brokers, aggregators and lenders have met the shadow assistant treasurer in Canberra to discuss the future... READ MORE
Aaron Milburn

Credit crunch weakening borrower confidence
by Reporter • 20 Mar 2019
Lending conditions have heightened concern over borrowing capacity, with over half of consumers either fearing loan... READ MORE
Macquarie building

Macquarie withdraws loan products
by Reporter • 20 Mar 2019
The non-major bank is pulling out of the self-managed super fund residential loan market and has stopped providing... READ MORE
Virgin logo

Virgin launches new digital portal for mortgage applications
by Reporter • 20 Mar 2019
The lender has announced the launch of a new digital platform designed to improve the efficiency of the home loan... READ MORE
Simon Lyons - MD of Goldfields

‘Bank built for brokers’ troubled by uncertainty
by Charbel Kadib • 19 Mar 2019
The managing director of a non-major bank has expressed concern over the impact that changes to broker remuneration may... READ MORE

RC is an opportunity to clarify broker role, says broker
by Reporter • 19 Mar 2019
The banking royal commission has provided renewed interest in the broker market and represents a “great... READ MORE
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Top tips for new brokers from an award-winning broker
by Annie Kane • 19 Mar 2019
Faris Dedic, broker and director of Red Door Financial Group and winner of the Best Newcomer award, provides his top... READ MORE
westpac building westpac group update residential lending policy increase maximum age for documents

Westpac group updates residential lending policy

by Reporter • 19 Mar 2019
The major bank and its subsidiaries have updated their residential lending policies, including increasing the maximum... READ MORE
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NAB stands firm on broker front in Hayne response
by Charbel Kadib • 18 Mar 2019
The major bank has expressed formal support for 72 of the banking royal commission’s recommendations with exception... READ MORE
Pepper Money

More lenders announce rate changes

by Reporter • 18 Mar 2019
A specialist lender has succumbed to wholesale funding pressures and lifted interest rates across its entire mortgage... READ MORE
Credit Union Australia

CUA reports 79% growth in new loans as profit slips
by Tas Bindi • 18 Mar 2019
CUA has booked 78.9 per cent growth in new lending in the first half of the 2019 financial year, while net profit... READ MORE
Aussie Home Loans

SA lender joins Aussie panel
by Reporter • 18 Mar 2019
Aussie Home Loans has announced the appointment of a new lender to its panel, providing its brokers with a new range of... READ MORE
Scott Morrison and Bill Shorten

PM defends policy call as pressure mounts on ALP

by Charbel Kadib • 15 Mar 2019
Prime Minister Scott Morrison has doubled down on his support for the “status quo” in the broker remuneration... READ MORE