Breaking News
Former ANZ head of broker joins Resolve Finance
by • 17 Aug 2017
Glenn Haslam, a former head of broker distribution at ANZ, has joined finance provider Resolve Finance as general...READ MORE
‘We're many years away from robo-advice’, says brokerage head
by • 17 Aug 2017
The managing director of a national brokerage has reassured brokers that the industry is “many years away” from... READ MORE
Brokers flock to mutuals as big bank sentiment sours
by • 17 Aug 2017
A handful of Australia’s mutual lenders have seen a significant increase in demand from the broker channel as... READ MORE
More investors sacrificing lifestyle to buy property
by • 16 Aug 2017
New research shows that more Australian investors are choosing to sacrifice their lifestyle in order to buy... READ MORE
IO restrictions see non-majors lift rates
by • 16 Aug 2017
Heritage Bank is the latest entrant to the interest-only hiking club, introducing rate increases of up to 40 basis... READ MORE
Opinion: Is CBA shorting mortgage brokers?
by • 16 Aug 2017
Australia’s biggest bank is under fire, and for good reason. But will CBA’s complete ownership of Aussie Home Loans... READ MORE
Australia Post 'excited' about the mortgages market
by • 16 Aug 2017
The postal services company has revealed that it is “excited about the mortgages space” and is in talks with the... READ MORE
It ‘no longer makes sense’ to recommend IO loans
by • 15 Aug 2017
Faced with increasing rates on interest-only loans, 'competent' brokers should only recommend principal and interest... READ MORE
Brokers settled 'record' $49bn in June quarter
by Julianne Leybag • 15 Aug 2017
Australian finance brokers settled a “record” $49.46 billion worth of residential home loans in the June 2017... READ MORE
Heritage praises third-party team following strong growth
by • 15 Aug 2017
Mutual lender Heritage Bank has recognised its broker distribution team with an award for best overall performance at... READ MORE
REA lacks ‘competitive advantage’ in broker channel
by • 15 Aug 2017
Analysts have echoed the concerns of existing players in warning that the real estate giant’s move into mortgages... READ MORE
Bouris eager to innovate amid APRA crackdown
by • 15 Aug 2017
Mark Bouris has outlined how Yellow Brick Road could move further into product manufacturing as the banks fail to meet... READ MORE
‘Best’ investment plans have realistic buffers: Financial Mappers
by • 14 Aug 2017
To produce a resilient financial plan, investors need to understand the political and regulatory climate domestically... READ MORE
MyState Bank revamps online broker portal
by • 14 Aug 2017
The Tasmanian bank has redesigned its online broker portal as part of its broker channel strategic investment... READ MORE
Frank Ganis joins major brokerage
by • 14 Aug 2017
Mortgage veteran Frank Ganis has joined a national mortgage brokerage after stepping down from his role as executive... READ MORE
85% of broker workload ‘immune’ to automation
by • 14 Aug 2017
Just 15 per cent of broker tasks are susceptible to automation, placing brokers on the lower end of the risk spectrum,... READ MORE
Necessity of diversity in brokerage staff a ‘no-brainer’
by • 11 Aug 2017
Without engaging a diverse workforce, brokerages risk having 'blind spots' in terms of opinions, skills and clientele,... READ MORE
Major bank cuts rates by 55 bps
by • 11 Aug 2017
The Commonwealth Bank has announced a raft of changes to interest rates on owner-occupied and investor home loans, with... READ MORE
'We have done enough' on mortgage curbs, says RBA
by • 11 Aug 2017
The Reserve Bank governor has told a parliamentary hearing about Australia’s “problematic” relationship and... READ MORE
Industry ‘needs to make adjustments’ to commissions: NAB
by • 11 Aug 2017
The major bank has said that the industry “needs to make adjustments to the standard commission model” to ensure... READ MORE
CBA to reduce commissions ‘imminently’: UBS
by • 10 Aug 2017
The Commonwealth Bank will likely reduce 'spiralling' broker commissions in the near future in line with the Sedgwick... READ MORE
Former mortgage broker jailed for 8 years
by • 10 Aug 2017
A former mortgage broker has been sentenced to 8 years and 9 months imprisonment for deceptions totalling $1.902... READ MORE
Pepper accepts $675m takeover deal
by • 10 Aug 2017
Non-major lender Pepper has confirmed that it has accepted a takeover offer from California-based investment manager... READ MORE
Major bank combats channel conflict, says brokers a ‘strategic’...
by • 10 Aug 2017
One of Australia’s largest mortgage providers is using its existing branch network to strengthen the broker-client... READ MORE
Women in Finance finalists revealed
by • 10 Aug 2017
The finalists for the inaugural Women in Finance Awards have been announced, including many representatives and... READ MORE
MoneyQuest makes four new appointments
by Staff Reporter • 9 Aug 2017
MoneyQuest managing director Michael Russell has announced that the company has made four new appointments.
READ MOREBroker-originated loans drop by whopping 8% at CBA
by • 9 Aug 2017
The proportion of new home loans being written by brokers to the Commonwealth Bank has dropped by a whopping 8 per... READ MORE
CBA confirms acquisition of major brokerage
by • 9 Aug 2017
The Commonwealth Bank of Australia has confirmed that it expects to wholly own Aussie Home Loans by the end of this... READ MORE
Brokers have their say on channel conflict
by Annie Kane • 9 Aug 2017
Several leading brokers have revealed their thoughts on channel conflict and how it has affected their... READ MORE
One in five brokers still don't have a website
by • 8 Aug 2017
A new report has identified some alarming trends about the mortgage broking industry’s relationship with online... READ MORE

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