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Stefan Hicks

Ensurance to ‘dispose’ of Australian retail brokerage

by Annie Kane and Charbel Kadib • 9 May 2018
The board of Ensurance Limited has announced that it will adopt a “new strategic direction” and seek to “dispose... READ MORE
office worker typing on desktop macquarie NAB executive entry into australian mortgage market

New Macquarie-backed player enters mortgage market

by Reporter • 9 May 2018
A new fintech founded by two former NAB executives has received $15 million from major investors to facilitate its... READ MORE

Budget 2018–19 released

by Reporter • 8 May 2018
The Budget 2018–19 has been released, with the Treasurer announcing a range of changes, tax cuts and new... READ MORE
New School Entrepreneurs Program

New School Entrepreneurs Program rolled out to brokers

by Reporter • 8 May 2018
Brokers are being urged to take up a new School Entrepreneurs Program that teaches school pupils and young adults... READ MORE
money, cash, Australian dollars, invest

Regional bank invests $25m in P2P lender

by Reporter • 8 May 2018
Bendigo and Adelaide Bank Limited has agreed to provide a $25 million facility to fund existing and future loans in a... READ MORE
Members Equity Bank

Bank apologises for failing to adequately warn of rate change

by Reporter • 8 May 2018
A non-major bank has apologised to customers and said that it is working to reimburse around 2,500 mortgagors affected... READ MORE
tougher lending, boxing gloves, brokers

New software aims to help brokers prepare for tougher lending

by Tas Bindi • 8 May 2018
Financial services software provider CashDeck has released software to help brokers and borrowers prepare for tougher... READ MORE
BDM departure, Adelaide Bank, Mark Nyman

Regional bank announces BDM departure

by Reporter • 8 May 2018
A non-major lender has announced the departure of its business development manager. READ MORE

P2P lender joins Finsure and LoanKit panels

by Reporter • 7 May 2018
Peer-to-peer lender RateSetter has joined the panel of Finsure and LoanKit, giving accredited brokers access to its... READ MORE
advantage paper copy signatures pen and paper

Advantedge requires paper copy signatures in NSW

by Reporter • 7 May 2018
The wholesale funder and distributor of white label home loans has announced that, as of today, it will require NSW... READ MORE
yellow miniature house coins on table rea group acquire hometrack australia property analytics company 130m

REA Group to acquire property analytics company for $130m

by Staff Reporter • 7 May 2018
The digital advertising company and owner of realestate.com.au has entered into an agreement to acquire Hometrack... READ MORE
ING Australia, Nancy Fox

ING Australia welcomes Perpetual director to board

by Staff Reporter • 7 May 2018
ING Australia has appointed finance industry veteran Nancy Fox to its board of directors. READ MORE
Tax cut, stamp duty reform, outdated stamp duty

Call to end ‘unconscionable’ stamp duty ‘profiteering’

by Reporter • 4 May 2018
A real estate group has called for stamp duty reform, accusing the NSW government of ignoring the damage caused by... READ MORE
Scrutiny, magnifying glass

Opinion: Scrutiny, regulation and the looming credit crunch

by James Mitchell • 4 May 2018
I’ve said before that the next downturn will, ironically, be triggered by regulation. Recent developments show that... READ MORE
david bailey afg aggregator broker renumeration

‘If brokers aren’t there helping consumers, who is?’: AFG

by Reporter • 4 May 2018
The head of a major aggregator has emphasised that “broader consideration” is needed on any wholesale changes to... READ MORE

Brokers originate $102.8bn for major bank

by Reporter • 3 May 2018
A big four bank has reported a $10.3 billion increase in mortgages settled through the third-party channel. READ MORE
Miles Hampton

Bank extends tenure of CEO and MD

by Reporter • 3 May 2018
The board of MyState Limited has extended the tenure of its current managing director and chief executive officer. READ MORE
mortgage

Bank scandals to impact mortgage lending: RBA

by James Mitchell • 3 May 2018
Reserve Bank governor Philip Lowe has warned that the recent public scrutiny of the banks will lead to even tighter... READ MORE
ANZ CEO

Tighter expense requirements to further slow lending: ANZ CEO

by Reporter • 3 May 2018
ANZ's chief executive officer confirms that lending will likely slow further off the back of tighter expense... READ MORE
AMP

AMP faces fourth shareholder class action

by Reporter • 3 May 2018
A fourth class action is being lined up against financial services giant AMP, as boutique law firm Phi Finney McDonald... READ MORE
NAB

NAB launches DocuSign for broker channel

by Reporter • 2 May 2018
The big four bank has become the first major lender to launch DocuSign in the broker channel, allowing customers to... READ MORE
Shayne Elliott

Mortgage broking needs to reform: ANZ CEO

by Reporter • 2 May 2018
Issues concerning conflicts of interest and poor incentive structures in the broking industry must be resolved through... READ MORE
boards to review culture

Treasurer calls for all boards to review culture

by Reporter • 1 May 2018
APRA’s damning report on CBA’s culture and governance should be “required reading” for all boards in... READ MORE

New cash rate record reached

by Reporter • 1 May 2018
The Reserve Bank of Australia has announced the official cash rate for May, setting a new record. READ MORE
South Australian senator Rex Patrick

Senator slams ASIC amid ‘shameful disclosures’

by Reporter • 1 May 2018
South Australian senator Rex Patrick is calling for ASIC’s new chair, James Shipton, to provide the public with a... READ MORE