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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
Money, cash, Australian dollars

Bank to raise $20m as it prepares to merge with aggregator
by Tas Bindi • 5 Sep 2018
A Western Australian bank has announced being on track to raise $20 million from a consortium of local and... READ MORE
RBA rate, money, cash, Australian dollars

RBA rate cut on the cards, says broker head
by Reporter • 5 Sep 2018
The managing director of a broking group has said that he believes a future cash rate drop from the Reserve Bank is... READ MORE
RBA

RBA unveils September cash rate verdict
by • 4 Sep 2018
The Reserve Bank of Australia has announced its monthly verdict on official interest rates, amid a backdrop of some... READ MORE
josh frydenberg federal treasurer appointment portfolio

Treasurer reveals who will take over financial services portfolio
by Reporter • 4 Sep 2018
Australia’s new federal Treasurer has revealed who will be responsible for legislation pertaining to financial... READ MORE
housing slump, Sydney, Melbourne

Housing slump could last 2 years
by Lucy Dean • 4 Sep 2018
Sydney and Melbourne’s housing slump could continue for up to two years, economists have predicted. READ MORE
Mortgage, mortgagors, brokers, HashChing

Over 25% of mortgagors wouldn’t qualify today: HashChing
by Reporter • 4 Sep 2018
More than a quarter of mortgagors who secured a home loan last year would not be successful today, according to four in... READ MORE
construction loan offerings, reject, reduce, will not accept

Lenders reduce construction offerings
by Reporter • 4 Sep 2018
Pepper Money and Homeloans Limited have made changes to their construction loan offerings, with both lenders stating... READ MORE
bank hike rates, FBAA, APRA

FBAA slates ‘toothless tiger’ APRA as more banks hike rates
by Reporter • 3 Sep 2018
The industry association has criticised the prudential regulator and lambasted the behaviour of the banks, accusing... READ MORE
Complaints, phone call, AFCA

AFCA expects to receive 50,000 complaints within first year
by Tas Bindi • 3 Sep 2018
The number of complaints to AFCA could exceed 50,000 within the first year, according to its CEO, who also stressed the... READ MORE
join, PLAN, panel, lender

SME lender joins PLAN panel
by Reporter • 3 Sep 2018
GetCapital has become the latest lender to join PLAN Australia’s panel, enabling over 1,650 brokers to access its... READ MORE
Appointment, handshake, broker, brokerage

Brokerage appointment to ease referral process for brokers
by Reporter • 3 Sep 2018
A major brokerage has announced a “strategic appointment” designed to simplify the referral process for its... READ MORE
Mortgage house, broker

Brokers well positioned to demystify reverse mortgages
by Tas Bindi • 31 Aug 2018
A review by ASIC found that more could be done to ensure seniors understand the risks and benefits of reverse... READ MORE
Fraser Todd, ID verification

New virtual ID verification tool for brokers launches
by Reporter • 31 Aug 2018
An Australian law practice has announced the launch of a new digital verification of identity (VOI) solution for... READ MORE