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Sam White, Loan Market

‘I think we're going to keep trail,’ says brokerage head
by Reporter • 15 Aug 2018
The executive chairman of Loan Market has said that he believes the government will seek to retain trail commissions... READ MORE

Removing trail could ‘decimate’ regional brokers
by Tas Bindi • 15 Aug 2018
Removing trail commission would “decimate” mortgage brokers operating in regional and rural areas, a... READ MORE
Broker

PC changes could ‘greatly erode’ broker proposition, warns broker
by Reporter • 14 Aug 2018
The removal of trail commission would undermine the broker proposition, reduce competition in the financial sector and... READ MORE
NAB

NAB profits boost despite ‘challenging’ environment
by Reporter • 14 Aug 2018
The major bank has reported third quarter profit growth, despite rising regulatory costs, and a “challenging... READ MORE
bendigo adelaide bank piggy bank mortgage loan increased flows

Expenses probed as regional bank takes loans from majors
by Reporter • 14 Aug 2018
A non-major lender has said that it was the “recipient of increased flows” off the back of tighter serviceability... READ MORE
living expense resource, money, house, coins

Major aggregator offers living expense resource to all brokers
by Reporter • 14 Aug 2018
One of Australia’s largest aggregators has launched a new living expense assessments e-book to assist brokers to... READ MORE
Who will survive

Opinion: Who will survive the royal commission?
by James Mitchell • 14 Aug 2018
When the media circus surrounding the Hayne royal commission finally dies down, the financial services industry faces... READ MORE
ASIC, warning, responsibility to brokers

ASIC warns lenders not to outsource responsibility to brokers
by Reporter • 13 Aug 2018
The corporate regulator has reiterated its view that lenders should be held accountable for breaches of responsible... READ MORE
Money, Australian dollars

Property group posts $29.3m third-party revenue
by Reporter • 13 Aug 2018
A property group has delivered growth through its financial services division off the back of its investments in the... READ MORE
record settlements

Non-bank lender posts record settlements
by Reporter • 13 Aug 2018
A non-bank lender has seen a 96 per cent increase in applications and 153 per cent rise in settlements, as it continues... READ MORE
fraud protection systems

Banks agree to fortify fraud protection systems
by Reporter • 10 Aug 2018
Five Australian lenders have agreed to improve their compliance measures and controls for third-party access to deposit... READ MORE
mortgage growth, broker

Bank lauds broker contribution, supports PC ‘changes’
by Reporter • 10 Aug 2018
“Stronger broker partnerships” have helped drive above system home lending growth, a non-major lender has noted,... READ MORE
talk about money

‘Women need to talk about money’, says ASIC
by Reporter • 10 Aug 2018
The financial services regulator has urged women to talk about money and financial experiences as part of its push to... READ MORE

Mutual lender adopts digital platform for brokers
by Reporter • 10 Aug 2018
A mutual lender has adopted NextGen.Net’s ApplyOnline platform for e-lodgements, as it renews its push into retail... READ MORE
Rate tracker

Bank releases ‘rate tracker’ credit card
by Reporter • 9 Aug 2018
A non-major bank has launched a “ground breaking” credit card whose interest rate is tied to the official cash... READ MORE
CBA, Commonwealth Bank of Australia

CBA’s broker loans fall as it focuses on ‘core market’
by Reporter • 9 Aug 2018
The number of broker-originated loans as a proportion of all new business settled by the major bank has dropped... READ MORE
AMP

AMP’s half-year profit plunges but mortgages grow
by Tas Bindi • 9 Aug 2018
The wealth giant has reported a 74 per cent decline in first-half net profit due to a series of impairments incurred... READ MORE
Women in Finance 2018

Australia’s leading female mortgage brokers revealed
by Reporter • 9 Aug 2018
Several leading mortgage brokers and professionals in the mortgage and finance industry have been announced as... READ MORE

Calls for more housing as population surpasses 25m
by Reporter • 8 Aug 2018
As Australia’s population surpasses the 25 million milestone for the first time, the Housing Industry Association has... READ MORE

PC calls for ‘integrity officer’ to monitor commission payments
by Reporter • 8 Aug 2018
The federal government should mandate the appointment of a “principal integrity officer” to oversee the “risks... READ MORE

Real estate platform adds home loan offering
by Reporter • 8 Aug 2018
Australian DIY real estate platform buyMyplace has expanded its service offering to include a mortgage and... READ MORE

APRA curbs cost taxpayers $500m
by Sasha Karen • 7 Aug 2018
APRA’s macro-prudential curb on investor lending has cost taxpayers an estimated $500 million, according to the... READ MORE

RBA reveals August cash rate

by Reporter • 7 Aug 2018
The Reserve Bank of Australia has today announced the official cash rate for August following its monthly board... READ MORE
AFG, warning

Removal of trail would reduce competition, warns AFG
by Reporter • 7 Aug 2018
Abolishing trailing commissions for mortgage brokers would reduce competition, drive up home loan rates and make banks... READ MORE
Dollar sign, hand, financial services

Comparison sites ‘do not necessarily provide good advice’: PC
by Tas Bindi • 7 Aug 2018
Financial services comparison sites “do not necessarily provide good advice” to customers and often operate on... READ MORE