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Boxing, hit, fight, smash

MFAA hits back at trail and fee-for-service claims
by Reporter • 22 Mar 2018
The association has told the Productivity Commission that it has “serious concerns” with a statutory best interests... READ MORE

Commissioner suggests trail could be paid to borrowers
by Reporter • 22 Mar 2018
The chairman of the Productivity Commission has restated his concern regarding the payment of trail commission, warning... READ MORE

2 new categories for Australian Broking Awards announced
by Reporter • 22 Mar 2018
In recognition of the importance of nurturing new talent in the broking industry, two new awards have been created for... READ MORE
CBA, Commonwealth Bank of Australia

CBA calls for more IO justification
by Reporter • 21 Mar 2018
The Commonwealth Bank of Australia has made updates to its broker process when customers choose interest-only... READ MORE
APRA

APRA curbs had ‘significant impacts’ on broker relations
by Staff Reporter • 21 Mar 2018
Australia’s mutual banks have argued that macro-prudential measures have created reputation and trust issues and... READ MORE
anz logo building people walking anz mortgage remediation not good enough financial services royal commission decade to refund

ANZ admits mortgage remediation was ‘not good enough’
by Reporter • 21 Mar 2018
The financial services royal commission has placed ANZ’s remediation program under intense scrutiny, after the bank... READ MORE
Association slams royal commission reporting

Association slams royal commission reporting
by Reporter • 21 Mar 2018
The Finance Brokers Association of Australia has called out mainstream media reports on brokers, which it states are... READ MORE

Major banks under the microscope
by Reporter • 21 Mar 2018
What do you think of the major banks? Momentum Intelligence, in partnership with The Adviser, is calling on brokers to... READ MORE
Tim Brown

Tim Brown resurfaces at innovation group
by Staff Reporter • 20 Mar 2018
Former Vow boss Tim Brown has landed a position as head of financial services markets at Australian tech group Lakeba. READ MORE
ANZ accused of non-compliance with NCCP

ANZ accused of non-compliance with NCCP
by Reporter • 20 Mar 2018
The financial services royal commission has suggested that ANZ is “non-compliant with the National Credit Act,... READ MORE
NAB

NAB to host Digital PD Day
by Reporter • 19 Mar 2018
The big four bank has invited brokers to tune into its inaugural Digital Professional Development Day, a... READ MORE
‘build and strengthen’ leadership

New ASIC role aims to ‘build and strengthen’ leadership
by Reporter • 19 Mar 2018
The Minister for Revenue and Financial Services has announced that the government will create a new deputy chairperson... READ MORE
Aussie under fire over broker commissions

Aussie under fire over broker commissions
by Reporter • 19 Mar 2018
The royal commission has further interrogated Aussie Home Loans over broker misconduct, this time placing commissions... READ MORE
ANZ

Major bank to suspend asset finance lending

by James Mitchell • 16 Mar 2018
A big four bank has announced that it will suspend providing new secured asset finance loans to retail customers in... READ MORE
Glenn Gibson

Ex-banker to replace Rasby at YBR
by Staff Reporter • 16 Mar 2018
A former AMP Bank executive has been appointed as general manager of Yellow Brick Road. READ MORE
FBAA determined to carry torch for broking industry

FBAA determined to carry torch for broking industry
by Reporter • 16 Mar 2018
The head of the industry association has reassured brokers that public perception of the sector is still positive... READ MORE
check bank loan contracts

Regulator warns SMEs to check bank loan contracts
by Adam Zuchetti • 16 Mar 2018
Small businesses with loans of up to $1 million are being urged to check their contracts, as the banking regulator... READ MORE
Non-major announces third-party leadership changes

Non-major announces third-party leadership changes
by Staff Reporter • 16 Mar 2018
A regional bank has today announced a new leadership position within its third-party banking business. READ MORE
Aussie broker fraud

Royal commission unveils Aussie broker fraud
by Reporter • 16 Mar 2018
An Aussie Home Loans broker had his contract terminated for submitting fraudulent documentation for a loan... READ MORE
The Adviser’s Better Business Awards in Perth

Leading brokers in WA honoured
by Reporter • 16 Mar 2018
The best brokers, BDMs and administrators in Western Australia have been honoured at The Adviser’s Better Business... READ MORE
Home loan demand falls two months in a row

Home loan demand falls two months in a row

by Staff Writer • 15 Mar 2018
Demand for home loans dropped again in January, according to new data from the Australian Bureau of Statistics. READ MORE
Boxing gloves

Broker slams CBA during commission hearing

by Reporter • 15 Mar 2018
The contents of a chain of email communications between a mortgage broker and the Commonwealth Bank have been disclosed... READ MORE

Major bank concedes brokers were ‘bypassing’ mortgage controls
by James Mitchell • 15 Mar 2018
A big four bank has faced another round of questioning before the royal commission over customer expenses, the broker... READ MORE
Taxing property investors 'not the answer'

Taxing property investors ‘not the answer’, says HIA
by Sasha Karen • 14 Mar 2018
Figures from the property industry have argued that taxing investors is not the answer to Australia’s housing... READ MORE
ASIC extends exemption for credit hardship arrangements

ASIC extends exemption for credit hardship arrangements
by Staff Reporter • 14 Mar 2018
The corporate watchdog has issued Credit (Amendment) Instrument 2018/114, which amends Class Order 14/41 as it applies... READ MORE