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Breaking News
‘A very good year’: NAB grows broker share by 22%
by James Mitchell • 7 Nov 2017
The major bank says that it is committed to eliminating channel conflict and stands by its position on broker...
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Bankwest names new broker head
by Staff reporter • 6 Nov 2017
The CBA subsidiary has announced on 6 November the appointment of a new general manager of third-party distribution.
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Westpac closes 58 branches in digital push
by Staff reporter • 6 Nov 2017
The major lender has revealed that the first mortgages have been originated on its new banking and wealth platform as...
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Aussie GM to run new Cronulla store
by Reporter • 6 Nov 2017
Aussie’s former general manager of distribution, Vaughan Fowler, has decided to leave his head office role to become...
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The broker of the future: Fintech CEO outlines his vision
by Annie Kane • 6 Nov 2017
The adoption and progression of artificial intelligence could enable brokers to provide a more customised and valuable...
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Microsoft-based platform targets brokers
by Reporter • 3 Nov 2017
CRM platform FinPal is looking to bridge the data gap between financial planners and mortgage brokers.
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Fixed rates linger at record highs
by Reporter • 3 Nov 2017
New figures released by Mortgage Choice reveal that demand for fixed rate mortgages continue to “hover” at record...
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Major aggregator to profit from credit changes
by Reporter • 3 Nov 2017
Vow Financial is ready to fill the void left by major lenders by “increasing uptake” of its own branded,...
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NAB recruits 338 brokers in 12 months
by James Mitchell • 3 Nov 2017
The major bank has grown its broker force by 8 per cent over the year to 30 September as third-party volumes approach...
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Better Business Awards: Judges revealed
by Staff reporter • 2 Nov 2017
The Adviser reveals today the judging panel for the 2018 Better Business Awards and explains exactly how winners are...
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RBA rates to remain unchanged: RateCity
by Reporter • 2 Nov 2017
According to a RateCity forecast, the Reserve Bank of Australia will again refrain from making any changes to current...
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Industry innovators awarded for efficiency
by Reporter • 2 Nov 2017
Three Australian financial service providers have been recognised for their innovation at an awards ceremony hosted by...
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Kinghorn ‘has no involvement’ in strategy, says CEO
by James Mitchell • 2 Nov 2017
LJ Hooker Home Loans CEO Paul O’Regan has clarified the role that embattled RAMS founder John Kinghorn plays in the...
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Westpac bolsters responsible lending with ApplyOnline changes
by Staff reporter • 1 Nov 2017
The major bank has informed mortgage aggregators that brokers will soon need to provide additional details about why...
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Virgin Money cuts investor, IO rates and ups LVRs
by Staff reporter • 1 Nov 2017
The Bank of Queensland-owned lender has this week reduced its variable rates for both owner-occupiers and investors and...
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Broker calls for vigilance as clients grow ‘desperate’
by Reporter • 1 Nov 2017
Loan Market broker Lee Wisniewski has urged the industry to more carefully consider loan applications from an...
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ASIC to release second broker remuneration report
by Staff reporter • 31 Oct 2017
The corporate watchdog has confirmed that its surveillance of mortgage broker remuneration is not over, with a fresh...
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New home sales continue to drop
by Reporter • 31 Oct 2017
New home sales have continued to decline following the 2015 peak, according to the latest HIA New Home Sales Report.
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AFP charges RAMS founder with fraud
by James Mitchell • 31 Oct 2017
RAMS founder John Kinghorn has been charged with fraud for allegedly avoiding tax obligations worth more than $30...
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‘Compliance is not a competitive advantage’: Choice
by James Mitchell • 31 Oct 2017
Choice Aggregation Services chief executive Stephen Moore says that unity and cooperation will be required for the...
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FBAA welcomes news from major bank
by Staff reporter • 30 Oct 2017
News that mortgage brokers are originating the majority of home loans for a major bank has been welcomed by the Finance...
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‘Stark’ figures show fewer houses are selling
by Reporter • 30 Oct 2017
Just 5.0 per cent of the national housing stock transacted in the 12 months to September, the lowest stock turnover...
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Brokers send $1bn in mortgages to non-bank in four months
by Staff reporter • 30 Oct 2017
One of Australia’s largest non-bank lenders, following a spike in broker accreditations, has hit a new milestone...
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Mortgage brokerage to produce own white label product
by Reporter • 30 Oct 2017
An independent mortgage brokerage has announced that, next year, it will launch its own white label product “with the...
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Investor rates to hit 6.5% by 2020: QBE
by Reporter • 27 Oct 2017
Insurance provider QBE has predicted that borrower rates will go up across the board by 2020, with investor...
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