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James Symond

Aussie extends partnership with OzHarvest
by • 13 Apr 2018
The major brokerage has announced that it has extended its partnership with food rescue charity OzHarvest until...READ MORE
Stressed girl

Two-thirds of brokers ‘concerned’ about damage from RC
by • 13 Apr 2018
More than 65 per cent of brokers are either “seriously” or “moderately” concerned that the royal commission... READ MORE
James Shipton

ASIC chair slams industry for failing to remediate ‘crises’
by Jessica Yun and Annie Kane • 12 Apr 2018
New ASIC chairman James Shipton has rebuked the finance sector for failing to “play its part” in the regulatory... READ MORE
Lawyers, court

Professional indemnity risks increasing: FBAA
by • 12 Apr 2018
The Finance Brokers Association of Australia has urged brokers to ensure they hold “adequate” professional... READ MORE
Empty pockets, suffer without brokers

‘Every single mortgage holder’ would suffer without brokers: AFG
by • 12 Apr 2018
The head of a major aggregator has questioned the motives behind accusations of conflicts of interest and calls for... READ MORE
businessman clutching head stressed man on desk westpac update credit policy stricter expense process

Westpac introduces stringent new expenses process
by • 12 Apr 2018
The Westpac Group has updated its credit policies so borrower expenses will need to be captured at an “itemised and... READ MORE
defend, boxing gloves

ACCC defends vertical integration approvals
by • 12 Apr 2018
The competition watchdog has defended its decisions to approve mergers and acquisitions in the mortgage market,... READ MORE
Apartment

Investor regulatory interventions causing apartment downturn: HIA
by • 11 Apr 2018
Analysis of ABS data has revealed that there has been a reduction in appetite for apartments as a result of investors... READ MORE

Heritage Bank stalwart to retire
by • 11 Apr 2018

Heritage Bank has revealed that its long-serving head of retail, Paul Francis, has announced his retirement.

READ MORE
Poor rating, commissions result

‘No evidence’ that commissions result in poor customer outcomes
by • 11 Apr 2018
Smartline has told the royal commission that there is “no direct evidence” that commissions lead to poor customer... READ MORE
Launches new digital CRM

Aggregator launches new oversight system for mentors
by • 11 Apr 2018
Specialist Finance Group has launched a new digital CRM that requires mentors to oversee their mentees’ loan... READ MORE
Appoint, handshake, Aaron Hockey

Aussie appoints new SA/NT state manager
by • 10 Apr 2018
Aussie Home Loans has announced that it has “increased its commitment to South Australia and the Northern... READ MORE
Falling data, arrow down, rate demand

Fixed rate demand still sliding
by • 10 Apr 2018

Demand for fixed rate home loans continues to fall, according to the latest data from Mortgage Choice.

READ MORE
Warning, caution

MFAA warns of banks using brokers ‘as a shield’
by • 10 Apr 2018
The Mortgage and Finance Association of Australia has released a strongly worded statement calling out the potential... READ MORE
Rate exceptions, major banks, NAB, CBA, Wetspac

Major banks outline thoughts on flat-fee model
by • 10 Apr 2018
Several major banks have warned the royal commission of the “potential adverse consequences” of moving from the... READ MORE
Prospa, board members,

Prospa announces new chairman and board members
by • 9 Apr 2018

The SME lender has announced the appointment of a new chairman and two new board members.

READ MORE
Partnership

Annex Group partners with brokerage
by • 9 Apr 2018
An Australian mortgage business developer has partnered with a brokerage with a network of 1,000... READ MORE
Scrutiny

Bankers’ lack of expense scrutiny shows trust in brokers: HashChing
by • 9 Apr 2018
The chief operating officer of online mortgage marketplace HashChing has suggested that the royal commission’s... READ MORE
Caution

‘Nothing to suggest brokers are causing systemic harm’: MFAA
by • 9 Apr 2018
The head of the Mortgage and Finance Association of Australia has said that while the industry would support changes... READ MORE
face-to-face broking

Domain Loan Finder considers face-to-face broking option
by • 6 Apr 2018
The head of Domain Loan Finder, the JV mortgage operation between Domain and Lendi, has revealed that the platform is... READ MORE

Association head calls for ‘industry unity’
by • 6 Apr 2018
The broking industry should work together to minimise the impact of negative publicity and reinforce the benefits of... READ MORE
Prohibit, exclamation signage

ASIC could prohibit remuneration structures under proposed law
by • 6 Apr 2018
A new bill could enable ASIC to prohibit remuneration structures that result in “significant consumer detriment”,... READ MORE

Major banks say brokers act for customers, not banks
by • 6 Apr 2018
Several major banks have answered a call to clarify where broker allegiances lie, telling the royal commission that... READ MORE
Financial planners, credit advice

Financial planners want to offer credit advice
by • 6 Apr 2018
The Financial Planning Association has backed calls for financial planners to provide credit advice, but it said that... READ MORE

Homeloans CFO steps down
by • 5 Apr 2018

Non-bank lender Homeloans Ltd has announced that its chief financial officer, Ian Parkes, has resigned.

READ MORE
propertion of broker flows, arrow down, percentage went down

CBA sought to halve broker flows in 2016
by • 5 Apr 2018
Confidential internal documents from the Commonwealth Bank show that the bank sought to reduce the proportion of broker... READ MORE
Money, broker commissions

Banking association backs broker commissions
by • 5 Apr 2018
Fees for service would not benefit brokers, the Australian Banking Association has told the Productivity Commission,... READ MORE

Former Connective BSM to head up Auswide broker channel
by • 4 Apr 2018

Auswide Bank has announced that it has appointed a new head of third party.

READ MORE
Million dollars

La Trobe Financial announces ‘record’ pricing for sixth RMBS
by Staff Reporter • 4 Apr 2018
The non-bank lender has priced its sixth residential mortgage-backed securities (RMBS) issue at a “record” $750... READ MORE

RBA supports best interests duty for brokers
by • 4 Apr 2018
The Reserve Bank of Australia has revealed that it believes all brokers should be required to act in a consumer’s... READ MORE
magazine
Read the latest issue of The Adviser magazine!
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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