Breaking News
eChoice administrators clarify position on trail book
by James Mitchell • 30 Nov 2017
Rogers Reidy, the administrators handling mortgage aggregator eChoice, have addressed fears surrounding broker... READ MORE
Merger deal could see aggregator list on the ASX
by Reporter • 30 Nov 2017
The merger between an Australian bank and a major aggregator could see the latter list on the Australian Stock... READ MORE
Impact of technology on jobs ‘grossly overestimated’
by Jessica Yun • 29 Nov 2017
There is no need to fear the prospect of mass unemployment caused by artificial intelligence and machine... READ MORE
Borrowers bargaining for better mortgage deals
by Reporter • 28 Nov 2017
A new survey has found that a third of Australians have successfully negotiated a better deal on their mortgage.
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Analysis: A closer look at the eChoice model
by James Mitchell • 28 Nov 2017
The troubled aggregator has said that its third-party business and broker trail payments will not be affected by the... READ MORE
CBA announces major lending changes
by James Mitchell • 28 Nov 2017
The big four bank has revealed a raft of changes, including LVR caps and restrictions to rental income serviceability,... READ MORE
Banks make changes to commission structure
by Reporter • 28 Nov 2017
A major lender and a challenger bank have announced changes to their commission structure, which will come into... READ MORE
ATO asking Aussies to explain their lifestyle
by Lucy Dean • 27 Nov 2017
The Australian Taxation Office has said that it will crack down on “carelessness”, with undeclared income,... READ MORE
Bank slashes interest rates
by Reporter • 27 Nov 2017
A bank has announced its decision to cut rates by up to 0.50 per cent on a number of its loan offerings.
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Aggregator confirms voluntary administration
by James Mitchell • 27 Nov 2017
A mortgage aggregation business has confirmed that broker commissions, including trail payments made by lenders, will... READ MORE
Living expenses draw sharper focus
by Reporter • 27 Nov 2017
The finance industry has turned its attention to living expenses and credit reporting following APRA’s calls for... READ MORE
Tic:Toc to undercut broker distribution in white label play
by James Mitchell • 27 Nov 2017
Mortgage brokers are facing a double threat from online lender Tic:Toc, which is seeing a surge in demand from... READ MORE
FBAA updates brokers on response to Treasury
by Reporter • 27 Nov 2017
The head of the FBAA has revealed that the Combined Industry Forum’s response to ASIC’s review into remuneration... READ MORE
Brokers appointed to MFAA board
by Reporter • 24 Nov 2017
The Mortgage and Finance Association of Australia has appointed two directors to its board following a seven-week... READ MORE
Non-bank confirms launch of new non-resident mortgage
by James Mitchell • 24 Nov 2017
After listening to feedback from brokers, a national mortgage manager has revealed that it will soon launch a new... READ MORE
Liberty buys stake in major third-party player
by James Mitchell • 24 Nov 2017
Non-bank lender Liberty Financial has made a significant investment in a major mortgage protection insurance provider... READ MORE
Finance workers more prone to mental illness, says expert
by James Mitchell • 23 Nov 2017
A leading figure in mental health issues in the workplace has revealed some alarming numbers about the levels of... READ MORE
Better Business Summit confirms celebrity speaker
by Reporter • 23 Nov 2017
The agenda for the Better Business Summit 2018 has been announced, with brokers set to hear from a host of speakers,... READ MORE
Borrowers living ‘pay cheque to pay cheque’, warns brokerage
by Staff reporter • 22 Nov 2017
New research from a major mortgage brokerage has found that more than 40 per cent of Australians don’t have enough... READ MORE
Customer service still crucial for most Aussies
by Reporter • 22 Nov 2017
A finder.com.au survey of 2,005 Australians has found that 57 per cent of the respondents would be “turned off” by... READ MORE
Pepper takeover deal becomes effective
by Reporter • 22 Nov 2017
The Federal Court of Australia has approved the scheme implementation deed for Red Hot Australia Bidco Pty Ltd to... READ MORE
APRA calls for renewed focus on ‘realistic living expenses’
by Reporter • 22 Nov 2017
The chairman of the prudential regulator has called on the finance industry to “devote more effort to the collection... READ MORE
Borrowers want to interact with people, says fintech CEO
by Reporter • 22 Nov 2017
The CEO of online mortgage broker uno Home Loans has said that the company is looking to hire more home loan... READ MORE
AMP introduces additional expense requirements
by Reporter • 21 Nov 2017
Mortgagors will soon be required to provide brokers with supporting documentation about their living expenses when... READ MORE
Aussie lenders make Fintech 100 list
by Reporter • 21 Nov 2017
Ten Australian companies have been listed in KPMG’s Fintech 100 list, which identifies the top 50 fintech firms... READ MORE