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MP grills CBA on brokers, offsets and big mortgages

by • 24 Oct 2017
NSW MP Kevin Hogan said that mortgage brokers have told him that it is in their best interest to get clients to...READ MORE

Penalties for financial misconduct to increase

by • 24 Oct 2017
The Treasury is consulting on extending maximum prison terms, increasing civil penalties and expanding ASIC’s... READ MORE

New learning platform for brokers launched

by Staff reporter • 23 Oct 2017
A new interactive learning platform has been launched by the YBR Group, in partnership with Open Colleges, to drive... READ MORE

‘No formula’ for mortgage repricing, says NAB CEO

by • 23 Oct 2017
The major bank boss has confirmed that quantifying interest rate increases in response to regulatory measures is an... READ MORE

Mortgage Choice sees FHB flows jump to 15%

by Staff reporter • 20 Oct 2017
Historically low interest rates combined with additional first home buyer incentives are helping more potential buyers... READ MORE

Underinvestment in equipment would see SMEs ‘lose out’

by • 20 Oct 2017
The CEO of an asset finance and leasing solutions provider has warned that small businesses are less keen to invest in... READ MORE

Major bank to refund $65m to customers

by • 20 Oct 2017
Westpac is to refund approximately $65 million to customers, including home loan customers, after finding that they... READ MORE

Aggregator launches new lending platform

by • 20 Oct 2017
Vow Financial has launched a new lending platform, powered by Salestrekker, which it says is “the most sophisticated... READ MORE

Macquarie and Aussie launch new home loan

by • 19 Oct 2017

Aussie Home Loans has launched a new home loan product in partnership with Macquarie Bank.

READ MORE

Home loan arrears fell in August

by • 19 Oct 2017

The number of delinquent housing loans fell to 1.10 per cent in August, down from 1.17 per cent in July.

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Brokers ‘not recording the outcomes’ of IO discussions: ASIC

by • 19 Oct 2017
Brokers may be having the appropriate conversation with borrowers on interest-only home loans, the financial services... READ MORE

Commissions make credit advice ‘affordable’

by • 19 Oct 2017
The CEO of a NAB-owned aggregator has revealed his thoughts on broker commissions, stating that he believes that they... READ MORE

Agents not alert to identity fraud

by Staff reporter • 18 Oct 2017

Real estate agents are not doing enough to prevent identity fraud, a new survey has found.

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Adelaide Bank changes residential lending policies

by • 18 Oct 2017
Effective from 18 October, Adelaide Bank has reduced the time frame for off-the-plan valuations, added an additional... READ MORE

Opinion: Will brokers have the ABA in their corner?

by • 18 Oct 2017
With pro-broker ANZ chief Shayne Elliott at the helm, could the Australian Bankers’ Association become an ally of the... READ MORE

‘Significant decline’ in interest-only loans

by • 17 Oct 2017
New data from Mortgage Choice has revealed that there was a 60 per cent decline in interest-only mortgages over a... READ MORE

ASIC on broker remuneration and ‘good consumer outcomes’

by • 17 Oct 2017
A senior executive leader at ASIC has clarified what he believes "good consumer outcomes" look like, and shared his... READ MORE

New ASIC chair announced

by • 17 Oct 2017
James Shipton, executive director of the Program on International Financial Systems at Harvard Law School, has been... READ MORE

Mutual bank sees record number of broker-originated loans

by • 17 Oct 2017
Strength in the broker channel has helped Teachers Mutual Bank achieve a 19 per cent rise in its home loan performance,... READ MORE

Realestate.com.au Home Loans portal goes live

by • 17 Oct 2017
The new realestate.com.au Home Loans portal has gone live, with two-thirds of Choice Home Loans brokers signing up to... READ MORE

‘Major structural change’ in mortgages: AFG

by • 16 Oct 2017
The aggregator’s latest Mortgage Index results show that the market share of Australia’s major banks has hit a... READ MORE

Convicted loan writer permanently banned

by Staff reporter • 16 Oct 2017

ASIC has permanently banned a convicted loan writer from engaging in credit activities.

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Regulation specialist suggests remuneration is 'inherently conflicted'

by • 16 Oct 2017
A lawyer specialising in the regulation space has suggested that broker remuneration is “inherently conflicted” but... READ MORE

Mortgage fintech looks to blockchain for home loans

by • 16 Oct 2017
The CEO and founder of an online mortgage platform has revealed that the fintech is looking into how it can utilise... READ MORE

Aggregator launches insurance business

by • 13 Oct 2017
Custom Equity Group CEO David Haythorn has chosen to launch a general insurance platform, Equitisure, after seeing the... READ MORE

Aussie Home Loans appoints new digital marketing agency

by Staff reporter • 13 Oct 2017
CBA-owned mortgage broker Aussie Home Loans has appointed Sydney-based Switched on Media as its digital marketing... READ MORE

Hong Kong-backed broker has $650m to fund new mortgage line

by • 13 Oct 2017
A Melbourne-based broker part-owned by one of Hong Kong’s largest real estate players is eager to use the third-party... READ MORE

Small Business Minister 'agrees' with ASIC remuneration review

by • 13 Oct 2017
The Hon Michael McCormack MP, Minister for Small Business, has said that he “agreed” with ASIC’s proposals for... READ MORE

‘Disclosure has limitations’, says FBAA

by • 12 Oct 2017
The executive chairman of the Finance Brokers Association of Australia has questioned why ASIC wants more reporting in... READ MORE

Major banks grilled over broker pay and ownership

by • 12 Oct 2017
Westpac has defended its ownership of a mortgage broker before a parliamentary committee by pointing to CBA’s... READ MORE
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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