Breaking News
New TV adverts highlight ‘local’ brokers
by • 8 Sep 2017
A new national television advertising campaign is to launch next week championing “local” brokers and financial...READ MORE
‘Mortgage buffers’ will protect households from rate rises:...
by • 8 Sep 2017
Treasurer Scott Morrison has said that interest rates are “obviously” going to rise in the future but that many... READ MORE
ASIC formally bans flex commissions
by • 7 Sep 2017
Flex commissions paid to car finance brokers have now been formally banned, in a bid to reduce the likelihood of... READ MORE
Chifley Securities launches aggregation division
by • 7 Sep 2017
The non-bank finance group has launched a new aggregation division to provide brokers with a wider group of lenders... READ MORE
CBA calls for ‘consistent approach’ on broker remuneration
by • 7 Sep 2017
The big four bank has said that it supports a “self-regulatory model” when it comes to broker remuneration but... READ MORE
Lender vows to put 'a stop to channel conflict’
by • 6 Sep 2017
Specialist lender Private Mortgages Australia has introduced a “subsequent referral fee” in a bid to alleviate... READ MORE
Financial advice company acquires Announcer
by • 6 Sep 2017
Financial services company Infocus has acquired financial advice and mortgage broking group Announcer.
READ MOREClient ‘stickiness’ essential for new brokers
by • 6 Sep 2017
With heavy competition from other brokers and banks, it’s “absolutely essential” that brokers foster... READ MORE
‘Proof’ needed in ASIC remuneration claims
by • 6 Sep 2017
The CEO of a brokerage and sub-aggregation company has voiced “extreme concern” with some of the recommendations in... READ MORE
Banned broker’s appeal to go back to court
by • 5 Sep 2017
A former Victorian mortgage broker is to have her appeal on her ban for credit activities heard once again, following a... READ MORE
RBA delivers cash rate verdict
by • 5 Sep 2017
The Reserve Bank of Australia has announced the official cash rate for September, following its monthly board... READ MORE
Women in Finance Awards sells out
by • 5 Sep 2017
A ground-breaking new awards program that recognises the outstanding work of women within the financial services... READ MORE
ASIC releases mortgage videos
by • 5 Sep 2017
The financial services regulator has released a series of videos to help consumers get a home loan, which also touches... READ MORE
Paperless transactions the next battleground: AFG
by • 5 Sep 2017
Paperless transactions will provide the broking sector a “great opportunity” but also a major challenge as... READ MORE
Mortgage industry forum preparing policy solutions
by • 4 Sep 2017
Members of the mortgage broking and banking industries have formed six working groups to help prepare policy solutions... READ MORE
Bank rolls out ‘strong, low’ mortgage rate
by staff reporter • 4 Sep 2017
HSBC has released a ‘strong, low rate’ for owner-occupier mortgagors paying principal and interest in a bid to help... READ MORE
Brokers should be given ‘identifier numbers’: MFAA
by • 4 Sep 2017
Mandatory broker identifier numbers should be established and used on every home loan to help provide ASIC with “the... READ MORE
Bankwest cuts investor rates by 30bps
by • 1 Sep 2017
A CBA subsidiary bank has announced a 30 basis point cut to rates for new interest-only and principal and interest... READ MORE
‘We need to look after our industry family’: FBAA
by • 1 Sep 2017
The Finance Brokers Association of Australia has announced plans to take the lead on promoting mental health in the... READ MORE
Bank halts investor lending
by • 1 Sep 2017
Heritage Bank has temporarily stopped accepting new applications for investment home loans, effective... READ MORE
Westpac: Tying broker commissions to LVR could impact FHBs
by • 1 Sep 2017
The major bank has revealed some of the difficulties in implementing ASIC’s suggestions for ‘enhancing’ the... READ MORE
Brokerage head questions big data, AI and robo-advice
by • 1 Sep 2017
The managing director of MoneyQuest has questioned whether big data, algorithms, robo-advice and artificial... READ MORE
Big four bank launches 'industry-first' broker hubs
by • 31 Aug 2017
The Westpac group has launched “industry-first” platforms for brokers that provide “educational and... READ MORE
Brokers source 70% of foreign banks’ loans
by • 31 Aug 2017
Broker-originated loans made 70 per cent of all new residential loans at foreign banks in the June 2017 quarter, up by... READ MORE
Brokers providing ‘competition’, says O’Dwyer
by • 31 Aug 2017
The Minister for Revenue and Financial Services has highlighted that brokers are providing competition, which is... READ MORE
‘It’s time’ to take the lead on education: YBR
by • 31 Aug 2017
Aggregators and brand owners have a “bigger obligation today” to promote education, Yellow Brick Road has said... READ MORE
Customer-owned bank posts 10% pre-tax profit growth
by • 30 Aug 2017
For the 2016/17 financial year, Heritage Bank has recorded $56.31 million in pre-tax profit, a 10 per cent growth on... READ MORE
Low interest rates to remain ‘for years to come’
by • 30 Aug 2017
Australia will continue to have “low interest rates” for “years to come”, the founder of Aussie Home Loans has... READ MORE
Aussie chairman sells stake for $164m of CBA shares
by • 30 Aug 2017
The chairman and founder of Aussie Home Loans has received 2.1 million of Commonwealth Bank shares — worth nearly... READ MORE
Loan Market challenges borrowers’ ‘blind loyalty’ to banks
by • 30 Aug 2017
Rural customers often have “blind loyalty” to one lender, so brokers need to “keep the banks honest”, Loan... READ MORE

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