Breaking News
ASIC slammed for ‘persecuting’ brokers over customer fraud
by • 6 Jun 2017
A financial services lawyer has criticised the corporate regulator for persecuting brokers and believes more should be...READ MORE
Mortgage market more complex than ‘ever before’: Mortgage Choice
by • 6 Jun 2017
The recent rate and policy changes by lenders has made the mortgage market “more complicated and confusing than ever... READ MORE
Brokers share their views on the budget and cash rate
by • 6 Jun 2017
An industry survey has revealed that brokers are largely sceptical that the housing and banking measures announced in... READ MORE
Heritage launches fund for police officer killed on duty
by Staff reporter • 6 Jun 2017
Heritage Bank has established a fund to accept donations from the public to support the family of Senior Constable... READ MORE
Sydney broker's unique remuneration model
by • 5 Jun 2017
A Sydney-based broker has revealed why he pays his staff a salary and how he has managed to reduce the group’s... READ MORE
Bank hits borrowers with 0.76% rate hike
by Staff reporter • 5 Jun 2017
A major bank subsidiary has increased the variable interest rate on owner-occupier home loans by 76 basis... READ MORE
Foreigners to pay for FHB tax breaks
by • 5 Jun 2017
The state government has announced a raft of measures to improve housing affordability including scrapping stamp duty... READ MORE
Why brokers are ‘a provider of choice’
by • 5 Jun 2017
An award-winning regional broker has highlighted how brokers are providing customers with not only a choice of lender,... READ MORE
ASIC to undertake new loan fraud project
by • 2 Jun 2017
The financial services regulator has revealed that it is currently scoping a new project into loan fraud, which could... READ MORE
New green loan product comes to broker channel
by • 2 Jun 2017
A peer-to-peer lender has launched a new green loan to help broker clients invest in sustainable and low-emissions... READ MORE
Industry body appoints new independent directors
by • 2 Jun 2017
The Mortgage and Finance Association of Australia has appointed two new independent directors to its board, following... READ MORE
‘Moving target’ of regulation posing challenges, says broker
by • 2 Jun 2017
An award-winning regional broker has discussed the difficulties presented by lenders’ changing appetites and... READ MORE
Bank CEO warns against ‘white anting’ brokers
by • 1 Jun 2017
The chief executive of an Australian bank has spoken out about channel conflict in the mortgage industry and says a... READ MORE
Mutual lender the latest to hike interest rates
by • 1 Jun 2017
An Australian mutual bank has joined the ranks of those hiking rates on interest-only loans, and has reduced the... READ MORE
Value of foreign investment in real estate revealed
by Staff reporter • 1 Jun 2017
A new report has highlighted the positive impact foreign investment has on real estate and the economy, calling on... READ MORE
White-label funder releases new variable rates
by • 1 Jun 2017
A white-label loans distributor has announced "special" variable rates for brokers and a "simplified" pricing... READ MORE
Branches still leading channel for major banks
by • 31 May 2017
Brokers are writing less than 50 per cent of mortgages for the big four banks but have become the dominant channel for... READ MORE
Brokers help bank boost home loan growth by 95%
by • 31 May 2017
Mortgage brokers have been responsible for 95 per cent of a Tasmanian bank’s home loan growth in the past year,... READ MORE
Lenders must ‘adapt or lose share’ to fintechs: Lender CEO
by • 31 May 2017
Fintechs are “good for brokers and business” and lenders must “adapt or follow them or lose share to them”,... READ MORE
New insurance offering for mortgage broker clients
by • 31 May 2017
A new partnership has been announced that aims to provide mortgage brokers with a life insurance solution for their... READ MORE
Bank raises rates, sets sights on brokers
by • 30 May 2017
A challenger bank has announced a raft of changes to interest rates and revealed its broker strategy for the near... READ MORE
Aggregator surpasses $60bn trail book value
by • 30 May 2017
Strong retention rates and robust growth has seen a major bank-owned aggregator grow its trail-book value beyond $60... READ MORE
FBAA calls for independent actuary
by • 30 May 2017
The Finance Brokers Association of Australia has called for the appointment of an independent actuary to investigate... READ MORE
Rate tracker mortgage wins innovation award
by • 30 May 2017
A regional lender’s ‘rate tracker’ home loan has been recognised as the “Innovative Mortgage Offering of the... READ MORE
Bank commission changes drive senior broker to diversify
by • 29 May 2017
A top mortgage broker has explained how he diversified his business after learning that one of the big four banks had... READ MORE
Uno. boss reveals his vision of the future of mortgage lending
by • 29 May 2017
The managing director of online mortgage broker uno. has suggested that artificial intelligence in mortgages could... READ MORE
FBAA speaks out in support of single EDR scheme
by • 29 May 2017
A new external dispute regulation (EDR) scheme has been backed by the Finance Brokers Association of Australia (FBAA),... READ MORE
Aggregator limits LVR in light of APRA directive
by • 29 May 2017
Connective Home Loans has followed in the footsteps of Australia’s big banks, announcing changes to maximum... READ MORE
Claims of fudged expenses ‘ludicrous’, says aggregator
by Francesca Krakue & Lucy Dean • 26 May 2017
The CEO of a boutique aggregator has slammed a report that claims expenses are “fudged” by brokers in order to get... READ MORE
Broker sued by aggregator in loan fraud case
by • 26 May 2017
A leading mortgage industry lawyer has warned brokers of the shortcomings of professional indemnity insurance following... READ MORE

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