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Breaking News
ME appoints new chair and directors
by Reporter • 3 May 2019
The non-major bank has announced the addition of a new chair and two directors to its board.
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Broker growth to remain uninterrupted: ANZ CEO
by Charbel Kadib • 2 May 2019
The major bank’s CEO has said that he can’t see the rise in broker market share slowing down “anytime soon”,...
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CEO and MD of LMI insurer to step down
by Annie Kane • 2 May 2019
The chief executive officer and managing director of a lenders mortgage insurance company is to step down from her...
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Lenders change home loan rates
by Reporter • 2 May 2019
Heritage Bank has lifted variable interest rates on some home loan products, while Bluebay Home Loans has joined the...
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YBR director resigns
by Reporter • 2 May 2019
A director at Yellow Brick Road has handed over his resignation after eight years in the role.
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Mortgage lending growth sinks to four-year low
by Charbel Kadib • 1 May 2019
Weakness in the residential lending space has persisted, with subdued investor activity continuing to serve as a drag...
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ING hikes commercial rates
by Charbel Kadib • 1 May 2019
The non-major has repriced its variable rate commercial loans, increasing rates by up to 30 basis points.
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Lender launches new product range
by Reporter • 1 May 2019
A Western Australian-based credit provider has announced the launch of a new line of product offerings.
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Lender CEO to step down
by Annie Kane • 30 Apr 2019
The chief executive officer of Australia’s largest credit union is to step down from his role this year, with the...
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Broker policy contest heats up
by Charbel Kadib • 30 Apr 2019
Popular support for the Coalition government has improved, according to new polling, amid renewed praise for the...
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Brokers seeking stability as election approaches
by Tas Bindi • 30 Apr 2019
As polling day approaches, The Adviser asked members of the broking industry which political party they believe would...
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ANZ updates living expense requirements
by Reporter • 30 Apr 2019
The major bank has announced several changes to the way it assesses living expenses for mortgage applications.
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Jason Back on what the best brokers have in common
by Reporter • 30 Apr 2019
Having mentored and spoken with more than 7,000 brokers and having previously run one of the most successful brokerages...
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Treasury-led commissions review ‘has to go’: FBAA
by Charbel Kadib • 29 Apr 2019
The royal commission’s call for a review into broker remuneration in three years’ time is “absolutely...
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TMB joins fixed rate cutting frenzy
by Charbel Kadib • 29 Apr 2019
The mutual banking group has announced fixed rate cuts of up to 34 basis points across its owner-occupied and...
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YBR reports quarterly results
by Charbel Kadib • 29 Apr 2019
The diversified mortgage and financial advice business has returned to an operating cash surplus, but its performance...
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Brokers share why customers are choosing them
by The Adviser • 29 Apr 2019
After data showed that the mortgage broker market grew to a record 59.1 per cent in the July-September quarter in 2018,...
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Application crackdown reverberates through asset finance
by Tas Bindi • 26 Apr 2019
Asset finance, like mortgages, have also been “hit” by tighter lending standards, a broker has lamented.
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Westpac revises credit policy
by Reporter • 26 Apr 2019
The major bank has made changes to its consumer credit policy, which will come into effect this weekend.
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Goals, attitude and discipline ‘key’ to withstanding tough times
by Reporter • 26 Apr 2019
Setting goals, thinking positively and being disciplined are key to achieving and sustaining business success,...
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Newly licensed bank affirms commitment to broker channel
by Charbel Kadib • 24 Apr 2019
A challenger bank has been granted a full banking licence by the prudential regulator, which it has said would bolster...
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Common sense ‘missing’ in loan application scrutiny
by Tas Bindi • 24 Apr 2019
Overbearing and persnickety reviews of loan applications have, at times, been “contrary to the spirit of the royal...
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Coalition commits $100m to new SME fund
by Reporter • 24 Apr 2019
The Morrison government has committed to establishing an SME growth fund, designed to provide “high growth...
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Fixed rate demand slips ahead of rate cuts
by Reporter • 24 Apr 2019
Borrower demand for fixed rate home loans dropped in March, but rate cuts announced over the past few weeks could...
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Remuneration changes won’t spark broker exodus
by Reporter • 23 Apr 2019
The head of third party at a non-major lender is confident that potential remuneration changes won’t push brokers out...
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