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MyState Bank

Lenders pull LVR lever on investors
by James Mitchell • 22 Jun 2017
Following AMP’s decision to reduce LVRs on investor loans, a second challenger bank has this week announced... READ MORE
broker loans reduction major banks cba bank

‘Deliberate strategy’: majors lose broker loans
by Lucy Dean • 22 Jun 2017
A significant reduction in broker-originated loans at Australia’s biggest bank is intentional, according to a major... READ MORE

Brokers warned over trail books amid refi boom
by James Mitchell • 22 Jun 2017
A leading mortgage provider has urged brokers to look beyond their trail book when building a business in today’s... READ MORE
APRA

APRA’s ‘one size fits all’ lending curbs are dangerous: HIA
by Lucy Dean • 21 Jun 2017
Regulatory restrictions on investor lending have been condemned by a senior economist as a dangerous application of a... READ MORE
Home values climb

Home values climb across most capital cities

by James Mitchell • 21 Jun 2017
Home values climbed in all but one of Australia’s capital cities last week, with Perth flatlining week-on-week rather... READ MORE
Fraudsters targeting brokers in Sydney hotspots

Fraudsters target brokers in Sydney hotspots

by James Mitchell • 21 Jun 2017
Incidents of fraud through the broker channel are skyrocketing, according to Equifax, which has now revealed the top... READ MORE
Pepper

Pepper launches ‘revolutionary’ mortgage tools
by James Mitchell • 21 Jun 2017
The global financial services group has leveraged technology to provide two ground-breaking new offerings to the... READ MORE

Westpac hikes rates by 34 points
by James Mitchell • 20 Jun 2017
The major bank has today announced further interest rate increases but says they are not in response to the bank... READ MORE
AFG Home Loans

AFG expects 45% profit surge as branded loans mature
by Lucy Dean • 20 Jun 2017
The major aggregator has upgraded its net profit expectations for 2017 by nearly 45 per cent following changes to how... READ MORE
Mortgage Choice

Mortgage Choice names new chairman
by James Mitchell • 20 Jun 2017
The major brokerage today announced that Vicki Allen has been appointed a director of Mortgage Choice and she will... READ MORE
Commonwealth Bank

CBA pays $23m in compensation
by Staff reporter • 19 Jun 2017
The Commonwealth Bank has released the seventh and final independent report into its compensation scheme for victims of... READ MORE
Chris Helder

Act as if: Why brokers need to shift their beliefs
by Lucy Dean • 19 Jun 2017
Bestselling author and speaker Chris Helder explains how brokers can apply “useful belief” to achieve better... READ MORE
Brokers, MyState Bank

Brokers remain bullish as housing market turns
by James Mitchell • 19 Jun 2017
The majority of mortgage brokers surveyed by a non-major bank believe the Sydney and Melbourne property markets are yet... READ MORE
AMP Bank

AMP Bank announces investor lending changes
by James Mitchell • 19 Jun 2017
The challenger bank has today announced changes to investor lending to manage its portfolio and align with regulatory... READ MORE
asic industry funding senate room empty

ASIC industry funding model passes Senate
by Reporter • 16 Jun 2017
The new industry funding model for ASIC has been passed into law and will commence on 1 July 2017. READ MORE
mortgage lending, rate hikes, broker client

Banks pull the broker lever as APRA pressures mount

by James Mitchell • 16 Jun 2017
In addition to rate hikes and policy changes, brokers are proving to be a convenient lever for the banks to pull as... READ MORE
David Bailey

AFG appoints chief executive officer
by Reporter • 16 Jun 2017
The board of aggregator AFG has announced that David Bailey has been appointed as the company’s chief executive... READ MORE
Virgin Money raises IO rates, Reward Me Home Loan

Virgin Money raises IO rates for new loans
by staff reporter • 16 Jun 2017
The challenger brand has announced that it has increased the variable interest rates for owner-occupiers and investors... READ MORE
linkedin logo social media lead generation interest brokers

LinkedIn driving 80% of deals for non-bank
by James Mitchell • 16 Jun 2017
Social media has become the primary lead generator for a non-bank lender, which is now seeing significant interest from... READ MORE
Citycorp CEO Stephen Burns, Purple Circle Financial Services, Mr Tax Refund, Pop Up Tax Shop

Choice sub-aggregator secures JV with accountants

by Staff reporter • 16 Jun 2017
Purple Circle Financial Services has finalised a joint-venture agreement with tax accountants Pop Up Tax Shop and Mr... READ MORE
Homeloans reduces rates for owner occupiers

Homeloans reduces rates for owner-occupiers
by Staff reporter • 16 Jun 2017
A non-bank lender has announced that, effective immediately, a fixed rate home loan for owner-occupier home loans will... READ MORE
CBA

CBA changes serviceability calculations
by Reporter • 16 Jun 2017
A big four bank has changed its serviceability calculations for new owner-occupier and investment home loans, as well... READ MORE
Clive Kirkpatrick

Aggregator warns brokers of major industry changes
by James Mitchell • 15 Jun 2017
The head of a major aggregator has told brokers to brace for multiple pricing and policy changes from all lenders,... READ MORE
Mortgage manager rebrands following merger

Mortgage manager rebrands following merger
by Lucy Dean • 15 Jun 2017
Four mortgage businesses have recently joined forces and come together under a single brand. READ MORE
FBAA John Purvis, brand manager

FBAA expands team
by Lucy Dean • 15 Jun 2017
The Finance Brokers Association of Australia has appointed a senior manager to its newly created commercial brand... READ MORE