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home loan arrears s&p miniature house two storey house residential mortgage

Home loan arrears ‘remain elevated’: S&P
by Reporter • 17 Aug 2018
Arrears on prime residential mortgage have “remain elevated” while delinquencies on non-conforming home loans... READ MORE
Book Buyers Brokerage Australasia Finance, multi-redraw facility, loan product, brokers, planners

New loan product launches for brokers
by Reporter • 17 Aug 2018
A business financier for financial professionals has announced that it has launched a new, multi-redraw facility... READ MORE
Mortgage house, fixed rates, rate hikes

Borrowers flocking to fixed rates amid rate hikes
by Reporter • 17 Aug 2018
Mortgage holders are increasingly looking to lock in a fixed rate to avoid further out-of-cycle interest rate hikes,... READ MORE
Mark Bouris

Government will likely reject PC’s trail recommendation: Bouris
by Tas Bindi • 16 Aug 2018
The recommendation to abolish trail is unlikely to be implemented by the current government, according to the head of... READ MORE
financial planners, credit advice

Extending credit advice to planners is ‘pro-competitive’: PC
by Reporter • 16 Aug 2018
Allowing financial planners to offer credit advice would provide consumers with greater choice, drive innovation and... READ MORE
Acquisition, puzzle piece, acquire competitor

Non-bank lender acquires competitor
by Reporter • 16 Aug 2018
A Perth-based non-bank lender has assumed control of a domestic competitor, in a move designed to help it... READ MORE
residential property market tightens

Private lenders ‘consolidating’ as market tightens
by Reporter • 16 Aug 2018
There has been a “consolidation in the private lending market” as the residential property market tightens, a... READ MORE
Sydney

Sydney 8th most overpriced global property market
by Reporter • 15 Aug 2018
Sydney has been known by many to be a rather unaffordable market, but new research indicates just how overpriced the... READ MORE
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