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Young Leaders in Finance Awards 2018 winners

Young brokers recognised among elite finance professionals
by Reporter • 25 Jun 2018
A handful of young Australians working in the mortgage and finance industry have been recognised for their excellence... READ MORE
Money, cash, donation

Broker donates trail to charity
by Reporter • 22 Jun 2018
A Western Sydney-based broker is donating 10 per cent of his trail commission to charity to help support victims of... READ MORE
David Murray

Former CBA boss weighs in on broker commissions
by Tas Bindi • 22 Jun 2018
A former CBA chief executive has expressed his views on a potential “dilemma” with mortgage broker commissions and... READ MORE
CBA, Commonwealth Bank of Australia

Federal Court approves CBA’s $20m settlement over BBSW manipulation
by Tas Bindi • 22 Jun 2018
The Federal Court has approved Commonwealth Bank’s $20 million settlement with ASIC for manipulating the bank bill... READ MORE
Mutual home loan growth

Mutual home loan growth outpaces big four
by Reporter • 21 Jun 2018
The latest quarterly statistics from the prudential regulator show strong growth for the customer-owned banking... READ MORE
Reserve Bank of Australia

Future credit tightening to be ‘modest’: RBA
by Reporter • 21 Jun 2018
The central bank has noted the recent fall in home loan approvals, driven by tighter credit conditions, and is... READ MORE
mortgage brokers fight, boxing gloves, battle

Opinion: Brokers are battling for Aussie mortgage prisoners
by James Mitchell • 21 Jun 2018
Mortgage brokers are fighting against the tide of regulation that is stripping borrowers of their options and leaving... READ MORE
ING direct

ING loses long-serving broker head
by Tas Bindi • 21 Jun 2018
The non-major bank’s head of third-party distribution and direct mortgages has left the group and is understood to... READ MORE
decline, home prices, fall

Home prices to fall by 10% in Sydney and Melbourne: ANZ
by Reporter • 20 Jun 2018
The major bank is expecting home values to decline by 10 per cent peak to trough in response to restricted access to... READ MORE

Aggregators will have to evolve, says Aussie CEO
by Reporter • 20 Jun 2018
The CEO of Aussie has outlined his belief that aggregators will need to evolve in the near future to provide more... READ MORE
money, cash, Australian dollars

British brokers double their money in five years
by James Mitchell • 20 Jun 2018
New data has revealed that British mortgage brokers managed to double their revenue in five years while reducing their... READ MORE
under scrutiny

Parliamentary committee to put ASIC under the spotlight
by Reporter • 20 Jun 2018
The financial services regulator will face scrutiny from the House of Representatives Standing Committee on Economics... READ MORE
meeting, list, announced

Major banks back on the stand as RC rolls on
by Reporter • 20 Jun 2018
The witness list for the next round of hearings for the banking royal commission has been announced. READ MORE
afg competition index big four decline arrow down

‘Structural shift’: Big four losing broker business
by James Mitchell • 19 Jun 2018
Australia’s challenger banks are seeing a greater share of third-party mortgages as the big four continue to lose... READ MORE
Launch

Broker launches TV adverts to back broker channel
by Reporter • 19 Jun 2018
A Tasmania-based broker has embarked on a campaign to boost financial literacy and strengthen the public’s perception... READ MORE
lvr home loan drop arrow down

Lenders slashing high LVR home loans: RateCity
by Reporter • 19 Jun 2018
The number of lenders offering low-deposit home loans has dropped by 44 per cent in the past three years, new RateCity... READ MORE
money, pay rise, cash rolls

Pay rise on the cards for franchisees
by James Mitchell • 18 Jun 2018
Morningstar is confident that Mortgage Choice brokers will receive a significant boost in commissions next financial... READ MORE

Bluestone expands BDM team ahead of growth
by Reporter • 18 Jun 2018
The non-bank lender has announced that it has hired six new business development managers across three different states... READ MORE
home loan, increase, first quarter 2018

Home loan arrears rise in first quarter of 2018
by Reporter • 18 Jun 2018
Mortgage delinquencies rose over the first quarter of 2018 for both owner-occupied and investment home loans, according... READ MORE
Networking group

Why this broker set up her own networking group
by Reporter • 18 Jun 2018
NSW broker and Better Business Awards winner Louisa Sanghera reveals why she set up her own networking group in the... READ MORE
Broker, market share, high, arrow up

Broker market share reaches new highs
by Reporter • 15 Jun 2018
The proportion of loans written by the third-party channel in the March quarter has reached its highest figure ever,... READ MORE
average mortgage, 2043, property mortgage

Average mortgage could be $1.45m by 2043
by Reporter • 15 Jun 2018
The median value of Australian houses could reach $2.9 million in the next 25 years, with the average mortgage size... READ MORE

NSW borrowers getting better rates than Queenslanders
by Reporter • 15 Jun 2018
Lenders are providing better loan rates to their customers in New South Wales than in Queensland, according to recent... READ MORE
Rate demand drops, fixed rate

Fixed rate demand drops for eighth consecutive month
by Reporter • 15 Jun 2018
As the cash rate continues its record-breaking run of inertia, borrowers are still looking to capitalise on continually... READ MORE
Futurist outlines his vision

Futurist outlines his vision of the future of broking
by Reporter • 14 Jun 2018
Futurist, author and start-up founder Brett King has suggested that mortgage brokers would need to broaden their... READ MORE