Breaking News
‘Limited’ recourse for borrowers once mortgage discharged
by • 29 Aug 2017
Borrowers have limited rights against a lender once their mortgage has been discharged, the Supreme Court of New South...READ MORE
Market ‘noise’ pushes non-major to strengthen communication
by • 29 Aug 2017
A non-major lender has said that noise in the distribution space is pushing them to focus on stronger communication... READ MORE
CBA CEO apologises to brokers
by • 29 Aug 2017
Ian Narev, the outgoing chief executive officer of the Commonwealth Bank, has apologised to brokers for some of the... READ MORE
New originations rise by 17% at Pepper
by • 28 Aug 2017
Specialist lender Pepper has reported that, as it continues to focus on brokers, its Australian mortgage business saw... READ MORE
‘Overwhelming shift’ in consumers wanting alternatives: Homeloans
by • 28 Aug 2017
Both consumers and brokers are increasingly looking to alternative lenders for finance as price differentiation and... READ MORE
Brokers ‘have to show’ emotional IQ: ALIC
by • 28 Aug 2017
For brokers to win business and build successful relationships, they need to be able to show their emotional... READ MORE
ING reveals plans for 'key' broker channel
by • 28 Aug 2017
The challenger bank has laid out its thoughts and plans for the broker channel at its ING broker roadshow.
READ MOREBroker calls for whistle-blower protections
by • 28 Aug 2017
Whistle-blower protections for brokers who reveal bank indiscretions are essential for “self-survival”, a... READ MORE
Technology ‘essential’ driver of growth
by • 25 Aug 2017
Brokers and aggregators have called for a greater uptake of technology in the sector, arguing that those who aren’t... READ MORE
‘No wonder’ broker share at 53%: AFG
by • 25 Aug 2017
A major aggregator has said that it is “no wonder” that brokers’ share of the home loan market is now 53 per... READ MORE
Major brokerage negotiates higher commissions
by • 25 Aug 2017
One of Australia’s largest brokerages has reset its commercial terms with the banks as its CEO believes strong... READ MORE
CBA hungry for broker business
by • 25 Aug 2017
Australia’s biggest bank could be making an aggressive play to win broker business after losing a significant amount... READ MORE
Opinion: Our perverse fascination with property
by • 25 Aug 2017
Obsession does funny things to people. Risks fade away, become inconsequential, as the obsession narrows in on an... READ MORE
ASIC to scrutinise broker mortgages
by • 24 Aug 2017
The corporate watchdog has revealed that it will be paying “particular attention” to broker-introduced mortgages... READ MORE
Lenders ‘intentionally disadvantaging borrowers’: FBAA
by • 24 Aug 2017
By requiring brokers to meet volume targets in order to retain accreditation, lenders are disadvantaging borrowers and... READ MORE
CBA shareholders asked to submit claim on class action
by • 23 Aug 2017
Maurice Blackburn Lawyers and litigation funder IMF Bentham are calling on CBA’s 800,000 shareholders to enter into... READ MORE
Broker reveals his top Facebook marketing tips
by • 23 Aug 2017
A leading broker has revealed his top tips for brokers looking to make the most of their digital marketing strategies... READ MORE
APRA curbs driving turnaround blowouts
by • 23 Aug 2017
Macro-prudential measures were always going to have side effects. Brokers are now seeing the fallout as lenders use... READ MORE
Outgoing CBA boss to speak at Aussie conference
by Staff Reporter • 23 Aug 2017
CBA chief executive Ian Narev will join Aussie founder John Symond and real estate guru John McGrath at the... READ MORE
Auswide hikes rates by 40bps
by • 22 Aug 2017
A Queensland-based bank has announced a 40 basis point increase to its investment products, citing a need to ensure... READ MORE
Brokers, banks accused of using ‘aggressive sales tactics’
by • 22 Aug 2017
Westpac bank staff are required to meet targets of six to nine home loan requests per week or be “performance... READ MORE
Broker channel needs to be ‘undercut’, says fintech boss
by • 22 Aug 2017
The founder of an online mortgage marketplace says there is too much “fat” in the home loan value chain and... READ MORE
Australian public ‘deserves to know’: FBAA
by • 21 Aug 2017
The Australian public “deserves to know what’s going on”, the Finance Brokers Association of Australia has said... READ MORE
Broker-originated loans surge by 73% at MyState
by • 21 Aug 2017
Mortgage brokers wrote $871.6 million of new home loans to Tasmanian-based lender MyState Bank in the financial year... READ MORE
National TV campaign champions mortgage brokers
by • 21 Aug 2017
A national television and radio campaign has positioned mortgage brokers as the go-to professionals for Australian home... READ MORE
Broker sees value in cosy bank relations
by • 21 Aug 2017
One leading mortgage professional has revealed how a different way of working with the banks is leading to better... READ MORE
Fintech launches broker version of ‘Fitbit’
by • 18 Aug 2017
HashChing has introduced a Fitbit-like service which allows brokers to “dig deeper” into analytics, track... READ MORE
Macquarie changes new variable and fixed rates
by staff reporter • 18 Aug 2017
The challenger bank is reducing its variable and fixed rates for some new mortgages but increasing the variable rate... READ MORE
'Harder to get a loan approved by a bank': Bouris
by • 18 Aug 2017
It is now harder to get a loan approved by a bank, according to the executive chairman of Yellow Brick Road, who... READ MORE
Broker blasts ‘smoke and mirrors’ of online lending
by • 18 Aug 2017
A broker has condemned the “smoke and mirrors” and delayed turnaround of online lending, saying that “nothing has... READ MORE

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