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Mortgage, property, living a comfortable, retirement

No mortgage key to living a comfortable retirement
by Reporter • 13 Sep 2018
Not having to worry about paying a mortgage or rent is among the top things that Australians across all generations... READ MORE

ASIC approves AFCA’s complaint resolution rules
by Reporter • 13 Sep 2018
The corporate regulator has approved the rules underpinning the Australian Financial Complaints Authority’s... READ MORE
Reject, decline

60% of non-conforming borrowers don’t get a loan
by Reporter • 13 Sep 2018
Around six in 10 potential non-conforming borrowers don’t end up getting a loan because they are either rejected or... READ MORE
Commissions, drawdowns, broker

Commissions to be paid on successive drawdowns, CIF confirms
by Reporter • 12 Sep 2018
As lenders begin to change the way they remunerate brokers off the back of regulator recommendations, the Combined... READ MORE
customer account passwords

Banker released customer account passwords to broker
by Tas Bindi • 12 Sep 2018
Around 80 Westpac customer account passwords were reset and then shared with a mortgage broker, according to new... READ MORE
cost of broker reforms

Aggregators, lenders to bear the cost of broker reforms
by Tas Bindi • 12 Sep 2018
The cost of implementing the CIF’s broking industry reforms will largely fall on aggregators and lenders, according... READ MORE
Leave, resign, managing director, step down

ALIC MD to step down from brokerage
by Reporter • 12 Sep 2018
The Australian Lending and Investment Centre’s managing director is to leave his role at the leading brokerage later... READ MORE
nab building change to mortgage broker commission calculations

Major bank changes broker commissions
by Reporter • 11 Sep 2018
A big four bank has announced changes to how mortgage broker commissions are calculated, in line with recommendations... READ MORE
sanctions, code of conduct, breaches

CIF considering sanctions for breaches of mortgage industry code
by Tas Bindi • 11 Sep 2018
The Combined Industry Forum is mulling over the sanctions that could be introduced in the event that brokers are found... READ MORE
ASX board

Mortgage Choice to be removed from ASX 300 list
by Reporter • 11 Sep 2018
The broking franchise is set to be removed from the ASX 300 list due to the company "no longer meeting criteria for... READ MORE
NAB, breaking apart

Opinion: Is NAB breaking up with the majors again?
by Reporter • 11 Sep 2018
NAB’s decision to break from the pack and hold its variable interest rates steady echoes its 2011 marketing strategy... READ MORE
Partnership, handshake, brokerage

Lender announces partnership with brokerage
by Reporter • 11 Sep 2018
A bank has announced that it has expanded its third-party distribution network by partnering with a broking franchise. READ MORE
hike rates

Majors accused of ‘anti-competitive’ behaviour
by Reporter • 10 Sep 2018
The industry has responded to the “surprising” out-of-cycle interest rate hikes from three of the big four banks,... READ MORE
Asia, Hongkong, brokers

The Adviser Study Tour to reveal secrets of Asia’s dominant brokers
by Reporter • 7 Sep 2018
In October, a group of Australian mortgage and finance brokers will visit Hong Kong to gain a rare insight into how... READ MORE
Handshake, merger, shareholders

Bank-aggregator merger gets thumbs up from shareholders
by Tas Bindi • 7 Sep 2018
The merger between a Western Australian bank and a mortgage aggregator has received the greenlight from shareholders. READ MORE
Loan terms, fintech lender

Fintech lender changes ‘unfair’ loan terms
by Reporter • 7 Sep 2018
Small business lender Prospa has changed its loan terms in its standard form small business loan contract to address... READ MORE
sharp fall, arrow down

Broker ‘misstatements’ drop but still ‘concerning’: UBS
by Reporter • 7 Sep 2018
A substantial reduction in reported “misstatements” was primarily due to a “material improvement” in the... READ MORE
hike rates, increase, arrow up

Three of the big four banks hike rates
by Reporter • 7 Sep 2018
As CBA and ANZ both follow Westpac’s lead by raising interest rates out of cycle, all eyes are on NAB to see if it... READ MORE
Nancy Youssef

Why this broker took the leap into mentoring
by Reporter • 7 Sep 2018
Nancy Youssef reveals how the challenges she experienced as a new broker inspired her to start her own mentoring... READ MORE
NAB, investment loans, home loans

Investment loans less concerning than home loans: NAB
by Reporter • 7 Sep 2018
While consumer anxiety had risen “sharply” in the second quarter of 2018 overall, repaying investment loans has... READ MORE
Mortgage, finance industry

‘Customer first duty’ could be extended to all in finance industry
by Reporter • 6 Sep 2018
EXCLUSIVE: The Combined Industry Forum’s proposed “customer first duty”, which will form part of its good... READ MORE
Lending reform, ASIC

ASIC prescribes new responsible lending reform
by Reporter • 6 Sep 2018
The corporate regulator is set to introduce a new responsible lending provision, set to come into effect on 1 January... READ MORE
Fintech tool, broker efficiency

New tool to reduce risk and boost compliance efficiency
by Reporter • 6 Sep 2018
A leading technology provider has developed a standardised compliance tool, which aims to provide a consistent process... READ MORE
On the air, live, radio campaign

Campaign launched to ‘hero the mortgage broker’
by Reporter • 6 Sep 2018
A new radio campaign targeted at first home buyers, owner-occupiers and families has been launched to champion the... READ MORE
reject, inadequate, YBR

YBR rues ‘grossly inadequate’ takeover bid
by Reporter • 5 Sep 2018
Yellow Brick Road has issued a new plea to its shareholders, urging them to reject an off-market takeover bid from a... READ MORE