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Breaking News
Aussie appoints new WA state manager
by Reporter • 16 Jan 2018
Aussie Home Loans has appointed Bendigo and Adelaide Bank’s Simone Ellul to the position of state manager for Western...
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Bank struggling to see growth through broker channel
by James Mitchell • 16 Jan 2018
A fresh report into an ASX-listed bank has concluded that its efforts to utilise the broker channel have failed to...
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New insurance offering for YBR and Vow brokers
by Reporter • 15 Jan 2018
Brokers in the Yellow Brick Road and Vow Financial networks will now be able to offer clients Suncorp’s Vero general...
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Brokers to hear from AFL performance coach
by James Mitchell • 15 Jan 2018
She helped Richmond win the AFL premiership. Now Emma Murray is set to work her magic on mortgage brokers across...
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Foreign sale of ANZ’s finance business falls through
by Reporter • 15 Jan 2018
ANZ’s attempted sale of its asset finance business UDC Finance to a foreign conglomerate will no longer take place,...
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Credit conditions ‘the tightest they’ve been in 15 years’
by Reporter • 15 Jan 2018
Members of the industry have challenged the assertions of a professor of economics regarding the state of the current...
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Lawyers have word of warning for FHBs
by Emma Ryan • 12 Jan 2018
A handful of legal professionals have voiced their concerns for first home buyers after a new survey revealed that...
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Fresh fears over high levels of household debt
by Staff Reporter • 12 Jan 2018
Moody’s Investor Service has warned that elevated levels of household debt may trigger a slowdown in the Australian...
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Melbourne ACL holder in court over alleged NCCP breaches
by Staff Reporter • 12 Jan 2018
The Federal Court of Australia has made interim orders restraining a Melbourne-based ACL holder from engaging in a...
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‘High demand’ for mortgage jobs this year
by Reporter • 12 Jan 2018
Mortgage processing, loan assessor and phone-based file assessor roles will all be in demand this year, according to a...
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Economics professor slams broker remuneration structure
by Reporter • 12 Jan 2018
A professor of economics has pointed the finger at mortgage broker commissions and incentives as being partially...
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Real estate head warns against radical housing policy changes
by Staff reporter • 12 Jan 2018
The chairman of real estate company Ray White has said that the newly released Treasury documents on ALP housing policy...
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‘Micro-management’ of big banks drove me to broking, says lending...
by Reporter • 12 Jan 2018
According to a former big four banker, the “micro-management” and “politics” of the major banks drove him out...
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Heritage updates credit policy
by Staff reporter • 11 Jan 2018
The Toowoomba-based bank has announced that it has updated its credit policy for some parts of the income verification...
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Broker to roll out finance education program for athletes
by Reporter • 11 Jan 2018
A former professional cyclist turned broker is planning to roll out a new program that will provide financial education...
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Man arrested after allegedly posing as broker
by Reporter • 11 Jan 2018
A Victorian man that had failed to appear in court for allegedly posing as an insurance representative or broker has...
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Regulator releases new guidance on mortgage reporting
by Reporter • 11 Jan 2018
Following industry consultation, APRA has issued updated guidance on how banks should report their residential...
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Industry veteran questions compliance of ‘robo’ brokers
by James Mitchell • 10 Jan 2018
One mortgage industry veteran has questioned online broking models and warned players operating in the space to ensure...
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ACCC report into mortgage pricing includes ‘some surprises’
by Reporter • 10 Jan 2018
The chairman of the Australian Competition and Consumer Commission has revealed that there will be some “surprises”...
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Aussie Home Loans in logo dispute with political party
by Reporter • 10 Jan 2018
A political party has come under fire from Aussie Home Loans after using a branding similar to that of the brokerage,...
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Fixed rate demand continues to fall
by Staff Reporter • 9 Jan 2018
The latest national home loan approval data from Mortgage Choice has found that the demand for fixed rate home loans...
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Aggregator GM made redundant; top brokers jump ship
by James Mitchell • 9 Jan 2018
Boutique aggregator eChoice has said goodbye to its general manager of aggregation, Blake Buchanan, and is losing a...
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Broker calls for improved financial literacy education
by Reporter • 9 Jan 2018
An SA-based broker has said that she is “concerned” with the level of financial literacy in Australia and has...
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Opinion: Why 2018 will be a big year for brokers
by James Mitchell • 8 Jan 2018
Regulation, cooling property prices and ongoing lending changes may seem like a burden, but they all have a silver...
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Cooling property ‘good news for APRA’
by James Mitchell • 5 Jan 2018
A leading economist has explained how a slowdown in the Sydney and Melbourne property markets will shape the decisions...
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