Breaking News
Discover the untapped market of medico finance
by • 17 May 2017
A successful broker shares the significant benefits of tapping into the lesser-known medico finance market and tips on...READ MORE
Negative gearing changes won’t deter investors, says broker
by • 16 May 2017
A successful mortgage broker says the changes to negative gearing announced in the federal budget are a “very minor... READ MORE
Bank launches AI ‘home loan assistant’
by • 16 May 2017
A new chatbot has been launched by UBank to help answer customers’ home loan questions, in what is being billed as... READ MORE
‘Order taker’ brokers unlikely to survive
by • 16 May 2017
Part-time brokers and those writing small volumes simply “won’t cut it” in the coming years as competitive... READ MORE
Aggregator sees 10% growth in female memberships
by • 16 May 2017
A major aggregator has revealed that its female membership has grown by almost 10 per cent in the past year.
READ MOREFirst bank to move will have ‘hell to pay’
by • 15 May 2017
The head of a major aggregator says the big banks have plenty of ways to absorb the government’s $6.2 billion levy... READ MORE
Pepper reveals details of upcoming roadshow
by Staff reporter • 15 May 2017
Brokers will be given access to Pepper’s head of credit and be the first to experience the company’s new digital... READ MORE
Aggregator identifies opportunity in budget changes
by Staff reporter • 15 May 2017
A boutique aggregator has partnered with a tax depreciation specialist to capitalise on measures announced in the 2017... READ MORE
National brokerage announces fintech partnership
by Staff reporter • 15 May 2017
A national mortgage broking franchise has harnessed the technology of local fintech Proviso to streamline the flow of... READ MORE
Investor loans to be ‘hardest hit’ by mortgage repricing
by • 12 May 2017
Mortgages will bear the brunt of the federal government’s new big bank tax, according to one analyst, who believes... READ MORE
Inquiry into mortgage pricing to begin next month
by • 12 May 2017
A year-long inquiry into how the major banks price their mortgage products will begin next month following the... READ MORE
Credit ombudsman supports royal commission into banks
by • 12 May 2017
The chief executive of the Credit and Investments Ombudsman has supported calls for a royal commission into the major... READ MORE
ABA finalists 2017 revealed
by • 12 May 2017
The finalists for the 2017 Australian Broking Awards have been revealed, with more than 70 brokers making the final cut... READ MORE
Loan writer permanently banned
by • 11 May 2017
ASIC has permanently banned a loan writer in Victoria from engaging in credit activities, after finding that four loans... READ MORE
Major bank levy will affect borrowers, warn CEOs
by • 11 May 2017
The heads of some of the major banks have warned that it is likely borrowers will be impacted by the new bank levy... READ MORE
FBAA reacts to budget, warns over rates hikes
by • 11 May 2017
The industry association has warned that a new $6.2 billion levy over four years on the top five banks contained in the... READ MORE
Major brokerage boss dismisses fed budget
by • 11 May 2017
The CEO of one of Australia’s largest mortgage groups has described the 2017 federal budget as “ineffective” and... READ MORE
Aussies getting ‘fleeced’ by major banks, says HashChing
by • 11 May 2017
A recent analysis conducted by the online mortgage marketplace has claimed that borrowers with the big four are paying... READ MORE
Major bank CEO has ‘no issue’ with brokers
by • 10 May 2017
Amid growing concerns about the future of broker remuneration, the chief executive of a major bank has explained how... READ MORE
Why this new-to-industry broker turned away his first deal
by • 10 May 2017
After purchasing nine investment properties in just six years, Kevin Sum decided to take his knowledge of the mortgage... READ MORE
Big four bank breaks rank on broker channel growth
by • 10 May 2017
The lender yesterday announced a profit of $2.6 billion, which it said was driven by “strong proprietary channel... READ MORE
Fixed rate demand surges in April
by Staff reporter • 10 May 2017
Mortgage Choice has reported a significant increase in demand for fixed rate home loans over April as banks continue to... READ MORE
Aggregator has ‘serious concerns’ about commission reforms
by • 9 May 2017
The head of a boutique aggregation group has slammed a number of recommendations made by Stephen Sedgwick on... READ MORE
Consumers go to brokers ‘to find best deal’: KPMG
by • 9 May 2017
Broker customers are largely drawn to the third-party channel to secure ‘the best deal’ but are most critical of... READ MORE
Non-bank director loses banning appeal
by • 9 May 2017
The Administrative Appeals Tribunal has affirmed ASIC’s banning of former Provident Capital MD Michael O’Sullivan... READ MORE
Bank increases owner-occupier variable rates
by • 9 May 2017
Heritage Bank has increased variable interest rates on selected products by 10 basis points as a result of “ongoing... READ MORE
Banks to work with broking industry on commission changes
by • 8 May 2017
The CEO of Australia’s largest brokerage is confident that the banks will consult with the third-party channel before... READ MORE
Former director convicted over illegal SMSF scheme
by Staff reporter • 8 May 2017
A Melbourne man has pleaded guilty to an offence relating to a scheme that facilitated the illegal early release of... READ MORE
ASIC sounds alarm on dodgy debt firms
by Staff reporter • 8 May 2017
ASIC has cracked down on misleading advertising by debt resolution firms, which should serve as a warning to borrowers... READ MORE
Non-major lender unveils new FHB offer
by • 8 May 2017
The lender’s new offer will allow first home customers to choose from a standard variable rate or five-year fixed... READ MORE

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