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Fraud, jail

Former car finance manager convicted for loan fraud
by James Mitchell • 15 Sep 2017
A Victorian man has been convicted in the Ringwood Magistrates Court after pleading guilty to one charge of dishonestly... READ MORE
APRA

Brokers provide regional lenders with ‘plenty of opportunities’:...
by Lucy Dean • 15 Sep 2017
Brokers are part of both the cause for and the solution to regional lenders’ struggle with the Australian Prudential... READ MORE
Question

ASIC questions legality of bank rate hikes
by James Mitchell • 15 Sep 2017
The corporate watchdog told a parliamentary hearing this week that the big banks could be in breach of the ASIC Act... READ MORE
Blind man

Political 'tit for tat' destructive in the Sydney housing debate
by Tim Neary • 14 Sep 2017
The political “tit for tat” over Sydney’s growth is not a helpful way to find sustainable solutions for meeting... READ MORE
Mario Rehayem

Former broker becomes CEO of non-bank lender
by James Mitchell • 14 Sep 2017
Non-bank lender Pepper has announced today the appointment of a new country CEO for Australia. READ MORE
Money

Brokers originate $3.9bn in mortgages for regional bank
by James Mitchell • 14 Sep 2017
Non-major bank ME has reported this week that mortgage brokers contributed more than 60 per cent of home loan... READ MORE
Greg Medcraft

'I'd do it': ASIC chairman would place consumers in larger loans

by Reporter • 14 Sep 2017
Greg Medcraft, the chairman of ASIC, has suggested that he would be tempted to place consumers in larger loans to get... READ MORE
Question mark

MFAA responds to UBS claims

by Staff Reporter • 13 Sep 2017
The MFAA has questioned the way UBS represented the results of its recent consumer survey. READ MORE
Ok hand sign

FBAA asks brokers: R U OK?
by Reporter • 13 Sep 2017
The Finance Brokers Association of Australia (FBAA) is hosting a breakfast in Melbourne asking brokers to discuss and... READ MORE
Blame game

OPINION: The blame game (part 2)
by Reporter • 13 Sep 2017
A new report from UBS has re-fuelled the blame game, after it found that more than a third of broker customers said... READ MORE
Mobile phone, technology

New direct-to-voicemail tech breaks into broker channel
by Reporter • 13 Sep 2017
A new technology provider, co-founded by Brisbane-based broker George Samios, aims to offer brokers a "new way of doing... READ MORE
CBA

CBA offers $1,250 refinance rebate
by Lucy Dean • 12 Sep 2017
The Commonwealth Bank has announced the availability of a $1,250 refinance rebate for “select applications” along... READ MORE
Loan Market

Loan Market awards top performers
by James Mitchell • 12 Sep 2017
The major brokerage has announced the winners of the International Loan Market Awards 2017 held on the Gold Coast this... READ MORE
Chess piece, conflict

Channel conflict ‘biggest issue’ for veteran broker
by James Mitchell • 12 Sep 2017
A Queensland mortgage broker with more than 20 years’ experience has warned that channel conflict has once again... READ MORE
Brokers

Direct accreditation a ‘minefield’ for new brokers
by Lucy Dean • 11 Sep 2017
Brokers looking to diversify into the asset finance sector can find navigating the space to be a “minefield”, so... READ MORE
ANZ

ANZ takes broker business from Westpac
by Staff Reporter • 11 Sep 2017
The major banks are hungry for broker business, with ANZ winning a significant share of the market over August,... READ MORE
Blame

OPINION: Turnaround slowdown — who’s to blame?
by Reporter • 11 Sep 2017
ING DIRECT recently suggested that the broker channel was partly to blame for its delayed turnaround times. While the... READ MORE

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