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Higher commissions

Major brokerage negotiates higher commissions

by James Mitchell • 25 Aug 2017
One of Australia’s largest brokerages has reset its commercial terms with the banks as its CEO believes strong... READ MORE
CBA

CBA hungry for broker business
by James Mitchell • 25 Aug 2017
Australia’s biggest bank could be making an aggressive play to win broker business after losing a significant amount... READ MORE
Property and coins

Opinion: Our perverse fascination with property

by James Mitchell • 25 Aug 2017
Obsession does funny things to people. Risks fade away, become inconsequential, as the obsession narrows in on an... READ MORE
Magnifying glass, scrutinise

ASIC to scrutinise broker mortgages
by Lucy Dean • 24 Aug 2017
The corporate watchdog has revealed that it will be paying “particular attention” to broker-introduced mortgages... READ MORE
Risk, disadvantage

Lenders ‘intentionally disadvantaging borrowers’: FBAA
by Lucy Dean • 24 Aug 2017
By requiring brokers to meet volume targets in order to retain accreditation, lenders are disadvantaging borrowers and... READ MORE
CBA

CBA shareholders asked to submit claim on class action
by Reporter • 23 Aug 2017
Maurice Blackburn Lawyers and litigation funder IMF Bentham are calling on CBA’s 800,000 shareholders to enter into... READ MORE

Broker reveals his top Facebook marketing tips
by Reporter • 23 Aug 2017
A leading broker has revealed his top tips for brokers looking to make the most of their digital marketing strategies... READ MORE
APRA

APRA curbs driving turnaround blowouts
by James Mitchell • 23 Aug 2017
Macro-prudential measures were always going to have side effects. Brokers are now seeing the fallout as lenders use... READ MORE
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