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‘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
competition in mortgage market

RBA highlights competition in mortgage market
by Reporter • 14 Mar 2018
Strong growth in the issuance of residential mortgages has been driven by non-major and non-bank lenders, according to... READ MORE
allegations of bribery at NAB

Royal commission reveals allegations of bribery at NAB
by Reporter • 14 Mar 2018
Several NAB employees were allegedly “bribed” by third-party introducers, the Royal Commission into Misconduct in... READ MORE
CBA

CBA outlines Aussie ‘misconduct’
by Reporter • 14 Mar 2018
Commonwealth Bank has outlined instances of alleged “misconduct” identified by its wholly owned subsidiary, Aussie... READ MORE
digital globe digital data artificial intelligence ai expenses verification engine launched for brokers and lenders

‘Australia-first’ AI-driven living expenses engine launches

by Reporter • 14 Mar 2018
A new artificial intelligence-based expenses verification engine has been launched for brokers and lenders to ensure... READ MORE
bans mortgage broker

ASIC permanently bans mortgage broker - 2018
by Reporter • 13 Mar 2018
The financial services regulator has permanently banned a Victorian-based mortgage broker and removed his Australian... READ MORE
Consumer confusion

Consumer confusion greater than ever before
by Reporter • 13 Mar 2018
Brokers are well placed to support clients confused by the wave of changes introduced by banks and regulators,... READ MORE
‘stand up’ to scrutiny , negative comments

Broker urges MFAA, FBAA to ‘stand up’ to scrutiny
by James Mitchell • 12 Mar 2018
A top mortgage broker has expressed his frustration with the level of scrutiny and negative news plaguing the... READ MORE
First home buyers, mortgage

First home buyers undeterred by rising mortgage pressures
by Reporter • 12 Mar 2018
First home buyers have been active in the property market, despite a rise in mortgage repayments in proportion to... READ MORE
brokers join rival aggregator

Former eChoice managers, brokers join rival aggregator
by James Mitchell • 12 Mar 2018
The managing director of an award-winning boutique aggregator has confirmed that “a couple of familiar faces” will... READ MORE
Bank rules out cryptocurrency lending

Bank rules out cryptocurrency lending
by Reporter • 12 Mar 2018
Teachers Mutual Bank has announced that, effective today, a number of changes will be made to its lending policy... READ MORE
cut fixed rates

Major banks cut fixed rates
by Reporter • 9 Mar 2018
Two major banks have announced rate cuts of up to 50 basis points to their fixed rate home loan offerings. READ MORE