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Banks and brokers in remuneration talks
by James Mitchell • 14 Jun 2017
Representatives from the mortgage broking industry have met with the Australian Bankers’ Association to discuss... READ MORE
Michael Russell, Broker

Broking boss dismisses channel conflict
by James Mitchell • 14 Jun 2017
The head of a national brokerage says channel conflict is “not a systemic issue” despite rising broker fears that... READ MORE
Martin Fedmowski

‘Data is king’ mindset stokes growth for brokerage
by Lucy Dean • 14 Jun 2017
A Melbourne-based brokerage has surpassed $100 million customer submissions by leveraging customer data and overhauling... READ MORE
Connective office

Connective announces new appointments
by Reporter • 14 Jun 2017
Major aggregator Connective has announced that it has expanded its support team following an uptick in membership. READ MORE
digital marketing, social media icons

The secrets of digital marketing unveiled
by staff reporter • 14 Jun 2017
Harnessing digital marketing can help a business attract new clients, establish trust and provide a point of... READ MORE
Women in Finance Awards 2017

Nominations open for Women in Finance Awards
by staff reporter • 13 Jun 2017
Submissions are now open for the inaugural Women in Finance Awards, the flagship event that aims to highlight the... READ MORE

Brokers losing clients as channel conflict thrives

by James Mitchell • 13 Jun 2017
EXCLUSIVE Mortgage brokers have grown increasingly concerned about channel conflict over the last 12 months and singled... READ MORE
UNO, Vincent Turner

Most loans to be sourced digitally ‘within 10 years’, says fintech
by Lucy Dean • 13 Jun 2017
A web-based brokerage has predicted that “within five to 10 years” most home loans will be sourced through digital... READ MORE
Suncorp Bank

Non-major announces rate hike on investor loans
by Lucy Dean • 13 Jun 2017
A Queensland-based lender is set to increase both fixed and variable rates for investors, reflecting crackdowns on... READ MORE
Australian Prudential Regulation Authority (APRA)

Investor commitments fall sharply in April
by Lucy Dean • 13 Jun 2017
Macroprudential regulation has had an “immediate impact” on mortgage lending, analysts have suggested, pointing to... READ MORE
MyState Bank

Broker clients shun majors as ‘anti-bank’ sentiment grows
by James Mitchell • 9 Jun 2017
An increasing number of Australians are telling brokers they do not want a home loan with a big four bank, a new report... READ MORE
APRA

IO borrowers could struggle to refinance, warns industry
by Lucy Dean • 9 Jun 2017
Interest-only borrowers may have difficulty refinancing, following a crackdown from the Australian Prudential... READ MORE
blame

Aussies blame foreigners for surging property prices: report
by Staff reporter • 9 Jun 2017
Almost 60 per cent of Australians believe foreign investor activity is responsible for booming property prices, with... READ MORE
Auswide Bank

Non-major bank changes IO credit policy
by Reporter • 9 Jun 2017
A non-major lender has announced that it is implementing a policy change for new and existing interest-only investment... READ MORE
slam

Brokers slam APRA’s ‘sledgehammer’ approach to IO loans
by Annie Kane and Lucy Dean • 8 Jun 2017
The Australian Prudential Regulation Authority has been castigated by brokers for its nationwide “sledgehammer”... READ MORE
Join

Former broker boss to join LMI provider
by Reporter • 8 Jun 2017
Suncorp's former broker head, Steven Degetto, is to join a leading provider of Lenders Mortgage Insurance as its chief... READ MORE
mortgage

ASIC consults on mortgage offset class order
by staff reporter • 8 Jun 2017
The financial services regulator has released a consultation paper on its proposals to remake two instruments relating... READ MORE
Launch mortgage training course

FBAA to launch reverse mortgage training course
by Lucy Dean • 8 Jun 2017
The Finance Brokers Association of Australia has commissioned a reverse mortgage training course for brokers. READ MORE
Non-bank boss urges brokers to 'reinvent' themselves

Non-bank boss urges brokers to ‘reinvent’ themselves
by James Mitchell • 7 Jun 2017
The head of one of Australia’s largest non-bank lenders says there is a “revolution going on” in mortgage broking... READ MORE
Stop, denied, reject, not accepted

Lender stops offering owner-occupied IO fixed rates
by Reporter • 7 Jun 2017
A non-major lender has announced that new applications for interest-only repayments on owner-occupied fixed rate loans... READ MORE
Confused

Disparity between RBA and bank rates confusing mortgagors
by Reporter • 7 Jun 2017
Consumers are increasingly caught in ‘camp confusion’ as lenders increase their interest rates despite the cash... READ MORE

RBA makes cash rate decision - Jun 2017
by Lucy Dean • 6 Jun 2017
The Reserve Bank has announced its cash rate decision following its monthly board meeting. READ MORE
Fraud

ASIC slammed for ‘persecuting’ brokers over customer fraud
by James Mitchell • 6 Jun 2017
A financial services lawyer has criticised the corporate regulator for persecuting brokers and believes more should be... READ MORE
complicated

Mortgage market more complex than ‘ever before’: Mortgage Choice
by Reporter • 6 Jun 2017
The recent rate and policy changes by lenders has made the mortgage market “more complicated and confusing than ever... READ MORE
House

Brokers share their views on the budget and cash rate
by Reporter • 6 Jun 2017
An industry survey has revealed that brokers are largely sceptical that the housing and banking measures announced in... READ MORE