Breaking News
Bank rules out cryptocurrency lending
by • 12 Mar 2018
Teachers Mutual Bank has announced that, effective today, a number of changes will be made to its lending policy...READ MORE
Major banks cut fixed rates
by • 9 Mar 2018
Two major banks have announced rate cuts of up to 50 basis points to their fixed rate home loan offerings.
READ MOREAggregator launches new women’s network
by • 9 Mar 2018
Finsure has launched a new initiative that aims to support, celebrate and connect women in its broker network.
READ MOREBroking group to appear before royal commission
by • 9 Mar 2018
Smartline will be the first broking group to appear at the first round of public hearings for the Royal Commission into... READ MORE
NSW’s best brokers revealed!
by • 9 Mar 2018
The best brokers in New South Wales have been named and honoured at The Adviser’s Better Business Awards in... READ MORE
Brokers expect to write more non-conforming loans
by • 8 Mar 2018
Mortgage brokers believe that tighter prime lending policies and changing customer needs will drive up demand for... READ MORE
Opinion: Do you hear what I hear?
by • 8 Mar 2018
Following four days of public hearings for the Productivity Commission’s inquiry into competition in the finance... READ MORE
FBAA recognises gender gap in broking
by • 8 Mar 2018
The Finance Brokers Association of Australia has marked International Women’s Day by committing to “develop... READ MORE
Inaugural Young Leaders in Finance Awards announced
by • 8 Mar 2018
As part of our continued dedication to championing financial services professionals, Momentum Media, publisher of The... READ MORE
ANZ sees ‘merit’ in best interest duty
by • 7 Mar 2018
Applying best interest obligations to brokers could help preserve the integrity of the third-party channel, according... READ MORE
ASIC highlights burgeoning referrer market
by • 7 Mar 2018
The financial services regulator has told the Productivity Commission that there is now “an industry of referrers”... READ MORE
Russell defends trail, slams calls for ‘fees for service’
by • 6 Mar 2018
MoneyQuest managing director Michael Russell has thrown his support behind broker commissions and labelled proposals... READ MORE
AMP appoints new head of distribution
by James Mitchell • 6 Mar 2018
The non-major bank has announced that it will bring in a new director to head up the third-party channel in... READ MORE
Microsoft-based platform updates software
by Staff Reporter • 6 Mar 2018
FinPal has launched a new version of its financial planning software to incorporate integrations with Moneysoft and... READ MORE
RBA announces rate decision for March 2018
by • 6 Mar 2018
The Reserve Bank of Australia has announced its cash rate decision for March following its monthly board... READ MORE
‘Clawbacks need to go’: FBAA tells PC
by • 6 Mar 2018
The clawback of broker commissions is “something to be concerned about”, the head of the Finance Brokers... READ MORE
Suncorp ‘dependent’ on brokers, says banking CEO
by • 6 Mar 2018
Suncorp Group has highlighted the importance of the broker channel amid the Productivity Commission’s ongoing probe... READ MORE
Rate transparency could ‘diminish’ broking industry
by • 5 Mar 2018
The Bank of Queensland has told the Productivity Commission that greater visibility of mortgage rates could make the... READ MORE
Financial planners not needed in credit space: CBA
by • 5 Mar 2018
Bringing financial planners into the credit space would be unnecessary, according to a Commonwealth Bank... READ MORE
NAB says brokers are a ‘force for good’, backs trail
by • 5 Mar 2018
A major bank executive has told the Productivity Commission that mortgage brokers “are a force for good” and should... READ MORE
Credit union sees increase in broker flows
by • 2 Mar 2018
Mortgage brokers were responsible for originating just over $500 million in new lending for credit union CUA over the... READ MORE
Demand for fixed rates continues to fall
by Staff Reporter • 2 Mar 2018
Demand for fixed rate home loans has fallen for the sixth consecutive month, new data has revealed.
READ MORENRL tipping season declared open for brokers
by • 2 Mar 2018
Better Mortgage Management has declared the NRL tipping season open, welcoming brokers to participate.
READ MOREVictorian brokers honoured at Better Business Awards
by • 2 Mar 2018
The best brokers, BDMs and administrators in Victoria have been honoured at The Adviser’s Better Business Awards in... READ MORE
Major bank says brokers more expensive than branches
by • 2 Mar 2018
A big four bank has revealed that it would be cheaper if home loan customers came directly to one of its branches than... READ MORE
Court finds major bank breached NCCP
by • 1 Mar 2018
The Federal Court in Melbourne has published its findings and reasons for ordering ANZ to pay a penalty of $5 million... READ MORE
Bank says broker fees would remove conflicts
by • 1 Mar 2018
Bendigo and Adelaide Bank has told the Productivity Commission that fees for service would remove potential conflicts... READ MORE
Industry to defend trail commissions
by • 1 Mar 2018
The Combined Industry Forum is expected to highlight the benefits of trail commission to the Productivity Commission... READ MORE
New tech tool to simplify lending process
by • 28 Feb 2018
Technology service provider NextGen.Net has launched an electronic tool to further digitise the loan application... READ MORE
Broker commissions ‘far aligned’ from customer interests: PC
by • 28 Feb 2018
The chairman of the Productivity Commission has said that while it may be in the interests of the bank and the broker... READ MORE

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