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Handshake and appointment

Former Vow Financial CFO joins tech solutions firm
by Reporter • 12 Oct 2018
A technology solutions firm has appointed the former CFO of Vow Financial to its executive team. READ MORE
Data analytics papers

Human oversight needed over data analytics
by Annie Kane • 11 Oct 2018
Big data and analytics are a key part of the current and future success of businesses, but human oversight is still... READ MORE
Reviewing a document using a magnifying glass

Brokers encouraged to review professional indemnity cover
by Reporter • 11 Oct 2018
The Finance Brokers Association of Australia has urged brokers to review their professional indemnity (PI) insurance as... READ MORE

Aggregator launches new commission management platform
by Annie Kane • 10 Oct 2018
Custom Equity Group has launched a new cloud-based commissions and portfolio management platform to help boost broker... READ MORE
Australian notes and coins

Major bank profits could rise by 1.8% if trail is cut
by Charbel Kadib • 10 Oct 2018
The big four banks would increase their profits by an average of 1.8 per cent should trail commission be removed, but... READ MORE
fixed rate percentage

Fixed rate demand rises by 6% in September
by Reporter • 10 Oct 2018
Borrower demand for fixed rates increased in September, rising off the back of out-of-cycle rate hikes from the banks,... READ MORE
Recruitment, training, broker profiling tool

Major aggregator launches broker profiling tool
by Reporter • 10 Oct 2018
A major finance aggregator has launched a profiling tool to assist with broker recruitment and training. READ MORE
Woman holding a pen and documents

FBAA refutes RC concern over broker commissions
by Charbel Kadib • 9 Oct 2018
The industry association has responded to a suggestion made by Commissioner Hayne that the payment of value-based... READ MORE
arrow up for mortgage growth

Bank reports ‘double system’ mortgage growth
by Charbel Kadib • 9 Oct 2018
A non-major lender has attributed over $500 million in mortgage portfolio growth to a shift in demand away from the big... READ MORE
Working on a computer digital technology

Open banking could make expense checks easier for brokers
by Tas Bindi • 9 Oct 2018
Brokers will be one of the many beneficiaries of the comprehensive credit reporting and open banking regimes,... READ MORE
ASIC, permanently bans, NAB branch

ASIC permanently bans former NAB branch manager
by Charbel Kadib • 8 Oct 2018
The corporate regulator has announced that it has banned a former NAB branch manager for accepting false documentation... READ MORE
question, broker accreditation, Hayne

Hayne questions broker accreditation
by Reporter • 8 Oct 2018
Commissioner Ken Hayne has questioned whether accreditation requirements skew the relationship between brokers and... READ MORE
broker opportunities, building up, SME market

Broker opportunities building up in SME market
by Tas Bindi • 8 Oct 2018
As residential lending slows, the greatest opportunities for brokers will emanate from the SME market, according to... READ MORE

MFAA reveals its thoughts on RC report
by Reporter • 5 Oct 2018
The broker association has outlined its thoughts on the royal commission interim report, noting that issues raised... READ MORE
partnership, MSA national, bank

Bank partners with MSA National
by Reporter • 5 Oct 2018
A non-major lender has announced its partnership with the mortgage documentation and settlements services provider. READ MORE
businessman holding magnifying lens looking at paper analysing royal commission household expenditure measure hem

Royal commission questions longevity of HEM
by Reporter • 5 Oct 2018
The use of the Household Expenditure Measure as a benchmark for borrowers’ living expenses has been called into... READ MORE

Latitude announces new chief executive
by Eliot Hastie • 5 Oct 2018
Latitude Financial Services has announced that it has appointed a new managing director and chief executive officer,... READ MORE

Rising mortgage costs to impact affordability: PIMCO
by Reporter • 5 Oct 2018
Despite falls in house prices over the last year, rising mortgage costs will continue to impact affordability,... READ MORE

Broker couple charged for NCCP breaches
by Reporter • 4 Oct 2018
A couple have been charged with breaching a banning order and providing false home loan documentation to a bank,... READ MORE
banker, incentive program, misconduct,

Banker incentives a ‘significant cause’ of misconduct: RC
by Reporter • 4 Oct 2018
An incentive program run by a major bank, which rewards bankers with bonuses for achieving home loan sales targets,... READ MORE
drop, interest rates

Non-majors drop interest rates
by Reporter • 4 Oct 2018
An online lender and a mutual bank have announced that they will be reducing interest rates on some of their home loan... READ MORE
Suncorp, new board member

Suncorp appoints new board member
by Reporter • 4 Oct 2018
Ian Hammond, a non-executive director of Perpetual Limited and former audit partner with PwC, has been appointed to the... READ MORE
lenders, broker, breach, royal commission

Commissions ‘might’ breach NCCP: RC
by Reporter • 3 Oct 2018
Lenders paying value-based upfront and trail commissions to mortgage brokers could be in breach of their legal... READ MORE
deadline, ASIC mortgage report, due

ASIC mortgage reports due next year
by Reporter • 3 Oct 2018
The corporate regulator has revealed that it will publish the findings of its home loan shadow shopping exercise and... READ MORE
September, property, prices, fall, down, decline

September property price fall caps off 12-month decline
by Reporter • 3 Oct 2018
National property prices have fallen for the 12th consecutive month as a result of a “substantial drag-down effect”... READ MORE