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CBA, Ian Narev

Outgoing CBA boss to speak at Aussie conference
by Staff Reporter • 23 Aug 2017
CBA chief executive Ian Narev will join Aussie founder John Symond and real estate guru John McGrath at the... READ MORE
Auswide Bank

Auswide hikes rates by 40bps
by Lucy Dean • 22 Aug 2017
A Queensland-based bank has announced a 40 basis point increase to its investment products, citing a need to ensure... READ MORE
Westpac, brokers, sales target

Brokers, banks accused of using ‘aggressive sales tactics’
by Lucy Dean • 22 Aug 2017
Westpac bank staff are required to meet targets of six to nine home loan requests per week or be “performance... READ MORE
Cut

Broker channel needs to be ‘undercut’, says fintech boss

by James Mitchell • 22 Aug 2017
The founder of an online mortgage marketplace says there is too much “fat” in the home loan value chain and... READ MORE
Question, deserves to know, thinking

Australian public ‘deserves to know’: FBAA
by Lucy Dean • 21 Aug 2017
The Australian public “deserves to know what’s going on”, the Finance Brokers Association of Australia has said... READ MORE
mystate bank surge mortgage broker loans

Broker-originated loans surge by 73% at MyState
by Reporter • 21 Aug 2017
Mortgage brokers wrote $871.6 million of new home loans to Tasmanian-based lender MyState Bank in the financial year... READ MORE
ALI Niggles

National TV campaign champions mortgage brokers

by James Mitchell • 21 Aug 2017
A national television and radio campaign has positioned mortgage brokers as the go-to professionals for Australian home... READ MORE
Vincent Turner, Uno

Broker sees value in cosy bank relations
by James Mitchell • 21 Aug 2017
One leading mortgage professional has revealed how a different way of working with the banks is leading to better... READ MORE
Launch

Fintech launches broker version of ‘Fitbit’
by Lucy Dean • 18 Aug 2017
HashChing has introduced a Fitbit-like service which allows brokers to “dig deeper” into analytics, track... READ MORE
Macquarie

Macquarie changes new variable and fixed rates
by staff reporter • 18 Aug 2017
The challenger bank is reducing its variable and fixed rates for some new mortgages but increasing the variable rate... READ MORE
Loan

'Harder to get a loan approved by a bank': Bouris
by Reporter • 18 Aug 2017
It is now harder to get a loan approved by a bank, according to the executive chairman of Yellow Brick Road, who... READ MORE
Magnifying glass

Broker blasts ‘smoke and mirrors’ of online lending
by Lucy Dean • 18 Aug 2017
A broker has condemned the “smoke and mirrors” and delayed turnaround of online lending, saying that “nothing has... READ MORE
Glenn Haslam

Former ANZ head of broker joins Resolve Finance
by Reporter • 17 Aug 2017
Glenn Haslam, a former head of broker distribution at ANZ, has joined finance provider Resolve Finance as general... READ MORE
Michael Russell

‘We're many years away from robo-advice’, says brokerage head
by Reporter • 17 Aug 2017
The managing director of a national brokerage has reassured brokers that the industry is “many years away” from... READ MORE
increase in demand

Brokers flock to mutuals as big bank sentiment sours
by James Mitchell • 17 Aug 2017
A handful of Australia’s mutual lenders have seen a significant increase in demand from the broker channel as... READ MORE
Property

More investors sacrificing lifestyle to buy property
by Julianne Leybag • 16 Aug 2017
New research shows that more Australian investors are choosing to sacrifice their lifestyle in order to buy... READ MORE
Upward

IO restrictions see non-majors lift rates
by Lucy Dean • 16 Aug 2017
Heritage Bank is the latest entrant to the interest-only hiking club, introducing rate increases of up to 40 basis... READ MORE
CBA

Opinion: Is CBA shorting mortgage brokers?
by James Mitchell • 16 Aug 2017
Australia’s biggest bank is under fire, and for good reason. But will CBA’s complete ownership of Aussie Home Loans... READ MORE
australia post mortgage space

Australia Post 'excited' about the mortgages market
by Reporter • 16 Aug 2017
The postal services company has revealed that it is “excited about the mortgages space” and is in talks with the... READ MORE
Thumbs down, not recommended

It ‘no longer makes sense’ to recommend IO loans
by Lucy Dean • 15 Aug 2017
Faced with increasing rates on interest-only loans, 'competent' brokers should only recommend principal and interest... READ MORE
Money

Brokers settled 'record' $49bn in June quarter
by Julianne Leybag • 15 Aug 2017
Australian finance brokers settled a “record” $49.46 billion worth of residential home loans in the June 2017... READ MORE
Heritage Bank

Heritage praises third-party team following strong growth
by James Mitchell • 15 Aug 2017
Mutual lender Heritage Bank has recognised its broker distribution team with an award for best overall performance at... READ MORE
Competition

REA lacks ‘competitive advantage’ in broker channel
by James Mitchell • 15 Aug 2017
Analysts have echoed the concerns of existing players in warning that the real estate giant’s move into mortgages... READ MORE
Mark Bouris

Bouris eager to innovate amid APRA crackdown

by James Mitchell • 15 Aug 2017
Mark Bouris has outlined how Yellow Brick Road could move further into product manufacturing as the banks fail to meet... READ MORE
Investment plans

‘Best’ investment plans have realistic buffers: Financial Mappers
by Lucy Dean • 14 Aug 2017
To produce a resilient financial plan, investors need to understand the political and regulatory climate domestically... READ MORE