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Brokers can 'effect change' by promoting ethical lenders
by Lucy Dean • 11 Sep 2017
Banks are "only ever" going to promote the good that they do, but brokers can "effect change" by educating clients... READ MORE
Money

‘Brokers have to expand their offering’, says SME lender
by Reporter • 11 Sep 2017
The head of sales of a small business loan specialist has said that brokers “have to expand their offering” to... READ MORE
Mortgage Choice ad

New TV adverts highlight ‘local’ brokers
by Reporter • 8 Sep 2017
A new national television advertising campaign is to launch next week championing “local” brokers and financial... READ MORE
House

‘Mortgage buffers’ will protect households from rate rises:...
by Reporter • 8 Sep 2017
Treasurer Scott Morrison has said that interest rates are “obviously” going to rise in the future but that many... READ MORE
Banned

ASIC formally bans flex commissions
by Reporter • 7 Sep 2017
Flex commissions paid to car finance brokers have now been formally banned, in a bid to reduce the likelihood of... READ MORE
Launch, ribbon cutting

Chifley Securities launches aggregation division
by Reporter • 7 Sep 2017
The non-bank finance group has launched a new aggregation division to provide brokers with a wider group of lenders... READ MORE

CBA calls for ‘consistent approach’ on broker remuneration
by Reporter • 7 Sep 2017
The big four bank has said that it supports a “self-regulatory model” when it comes to broker remuneration but... READ MORE
Chess piece, conflict

Lender vows to put 'a stop to channel conflict’
by Lucy Dean • 6 Sep 2017
Specialist lender Private Mortgages Australia has introduced a “subsequent referral fee” in a bid to alleviate... READ MORE
Merge, acquire, Announcer, Infocus

Financial advice company acquires Announcer
by Reporter • 6 Sep 2017
Financial services company Infocus has acquired financial advice and mortgage broking group Announcer. READ MORE
Brokers

Client ‘stickiness’ essential for new brokers
by Lucy Dean • 6 Sep 2017
With heavy competition from other brokers and banks, it’s “absolutely essential” that brokers foster... READ MORE
Magnifying glass

‘Proof’ needed in ASIC remuneration claims
by Reporter • 6 Sep 2017
The CEO of a brokerage and sub-aggregation company has voiced “extreme concern” with some of the recommendations in... READ MORE
Scales of Justice

Banned broker’s appeal to go back to court
by Reporter • 5 Sep 2017
A former Victorian mortgage broker is to have her appeal on her ban for credit activities heard once again, following a... READ MORE
Cash, RBA

RBA delivers cash rate verdict
by Lucy Dean • 5 Sep 2017
The Reserve Bank of Australia has announced the official cash rate for September, following its monthly board meeting. READ MORE

Women in Finance Awards sells out
by Reporter • 5 Sep 2017
A ground-breaking new awards program that recognises the outstanding work of women within the financial services... READ MORE
Shelley Craft, ASIC MoneySmart

ASIC releases mortgage videos
by Reporter • 5 Sep 2017
The financial services regulator has released a series of videos to help consumers get a home loan, which also touches... READ MORE
Paperless, cutting paper

Paperless transactions the next battleground: AFG
by Lucy Dean • 5 Sep 2017
Paperless transactions will provide the broking sector a “great opportunity” but also a major challenge as... READ MORE
Mortgage

Mortgage industry forum preparing policy solutions

by Reporter • 4 Sep 2017
Members of the mortgage broking and banking industries have formed six working groups to help prepare policy solutions... READ MORE
HSBC

Bank rolls out ‘strong, low’ mortgage rate
by staff reporter • 4 Sep 2017
HSBC has released a ‘strong, low rate’ for owner-occupier mortgagors paying principal and interest in a bid to help... READ MORE
mfaa mortgage finance association of australia home loan asic

Brokers should be given ‘identifier numbers’: MFAA
by Reporter • 4 Sep 2017
Mandatory broker identifier numbers should be established and used on every home loan to help provide ASIC with “the... READ MORE

Bankwest cuts investor rates by 30bps

by Lucy Dean • 1 Sep 2017
A CBA subsidiary bank has announced a 30 basis point cut to rates for new interest-only and principal and interest... READ MORE

‘We need to look after our industry family’: FBAA
by Lucy Dean • 1 Sep 2017
The Finance Brokers Association of Australia has announced plans to take the lead on promoting mental health in the... READ MORE

Bank halts investor lending
by Reporter • 1 Sep 2017
Heritage Bank has temporarily stopped accepting new applications for investment home loans, effective immediately. READ MORE
Westpac

Westpac: Tying broker commissions to LVR could impact FHBs
by Reporter • 1 Sep 2017
The major bank has revealed some of the difficulties in implementing ASIC’s suggestions for ‘enhancing’ the... READ MORE
Technology

Brokerage head questions big data, AI and robo-advice
by Reporter • 1 Sep 2017
The managing director of MoneyQuest has questioned whether big data, algorithms, robo-advice and artificial... READ MORE
Technology

Big four bank launches 'industry-first' broker hubs
by Reporter • 31 Aug 2017
The Westpac group has launched “industry-first” platforms for brokers that provide “educational and... READ MORE