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Whistle, called out

Associations denounce consumer groups’ ASIC response

by Reporter • 13 Jul 2017
The MFAA and FBAA have discredited the consumer advocacy groups’ response to ASIC's remuneration review, calling... READ MORE
Mortgage Choice

Mortgage Choice stands firm on current commission model

by Reporter • 13 Jul 2017
The leading brokerage has told the Treasury that the current upfront commission structure for brokers is “sound”... READ MORE
APRA

‘Disassociation’ between government policies and borrower...

by Lucy Dean • 13 Jul 2017
Outdated or ill-judged government policies have turned some borrowers into “collateral damage”, a leading broker... READ MORE
House and money

Lender will increase broker commissions

by Reporter • 12 Jul 2017
Non-bank lender Homeloans has announced that it will increase upfront and trail commissions on some of its loan... READ MORE
Criticize, Rice Warner, lack of knowledge

Rice Warner taken to task over commission calls

by James Mitchell • 12 Jul 2017
Research firm Rice Warner has been criticised by an industry association for its “significant lack of knowledge” of... READ MORE
Balance piggy bank and house

Major banks’ ‘weakened appetite’ for commercial investments...

by Lucy Dean • 11 Jul 2017
The major banks have lost their appetite for commercial loans following regulatory clampdowns, but that’s the way it... READ MORE
Tic Toc home loan

Fintech launches ‘instant home loan’ platform

by Lucy Dean • 11 Jul 2017
An Australian fintech has announced the arrival of a “world first” home loan platform that can approve home loans... READ MORE
Caution, warning

ASIC suppositions ‘dangerous’ and ‘problematic’, says...

by Reporter • 11 Jul 2017
A major aggregator has warned that some of the ASIC remuneration review's findings and proposals are... READ MORE
Diversifi

Brokerage trials new lead referral app

by Reporter • 11 Jul 2017
A Western Australia-based brokerage has become one of the first to trial a new lead-referral app, in a bid to enable... READ MORE
Clients

‘The vanilla client doesn’t exist anymore’

by Lucy Dean • 10 Jul 2017
There’s no such thing as a “vanilla client” these days, which is why brokers need to work harder to strengthen... READ MORE
Variable rate

Variable rate demand bounces back

by Staff reporter • 10 Jul 2017
Small variable rate cuts by many of Australia’s lenders have encouraged more borrowers into this type of home loan,... READ MORE
Virgin Money

Virgin Money hikes IO and high LVR rates

by Lucy Dean • 10 Jul 2017
Virgin Money has introduced rate increases for new high LVR lending and new and existing interest-only lending. READ MORE
iselect home loan settlement

iSelect eyes $2bn in home loan settlements

by James Mitchell • 10 Jul 2017
The ASX-listed group most known for its health insurance comparison service employs 25 brokers and has been named the... READ MORE
Social media strategy

‘Delivering value’ the key to a successful social media strategy

by Lucy Dean • 7 Jul 2017
Brokers looking to improve their social media strategy should identify their target demographics and only post content... READ MORE
investment rate

Auswide increases rates for investment loans

by Reporter • 7 Jul 2017
Auswide Bank has announced that it will be raising the reference rates for investment home loans and lines of credit by... READ MORE
AFG

AFG sets out vision for commission structure changes

by Reporter • 7 Jul 2017
The major aggregator has written to the Treasury revealing its thoughts on how broker commission structures could be... READ MORE
Education is the key to success

‘Change is opportunity’; Why education is the key to success

by Lucy Dean • 7 Jul 2017
A softening investment market presents opportunities for brokers to succeed, as long as they are “ahead of the... READ MORE
Aussie Home Loans, Aussie Chatter, online broker community

Major brokerage establishes online broker community

by Reporter • 6 Jul 2017
Aussie Home Loans has launched a new online community for its brokers and franchisees to provide them with... READ MORE
Vow Financial, training session

Aggregators have ‘duty of care’ to ensure brokers diversify: Vow

by Lucy Dean • 6 Jul 2017
Aggregators have a “duty of care” to make sure their brokers continuously seek education and training to boost... READ MORE
face challenge, Domain, REA, mortgage

Fintechs warn Domain and REA of mortgage ‘challenges’

by Reporter • 6 Jul 2017
Two mortgage fintechs have warned that the REA Group and Domain, as well as customers and brokers, could face... READ MORE
Pepper Group, deal

Pepper Group in takeover talks

by Reporter • 5 Jul 2017
Pepper Group Limited has confirmed that it has received an indicative non-binding proposal from KKR Credit Advisors... READ MORE
Greed, money, dollar sign, FBAA, RBA, cash

‘Greed factor’ controlling banks: FBAA

by Lucy Dean • 5 Jul 2017
The “greed factor” at Australian banks has led to market instability and a delay in deciding if the official cash... READ MORE
Heritage Bank, QLD, broker loan

Heritage Bank centralises broker loan processing to Queensland

by Reporter • 5 Jul 2017
Australia’s largest customer-owned bank will close its processing offices in NSW and Victoria at the end of this... READ MORE
Paul Ryan, Sydney broker, financial advocate

Broker calls for crackdown on ‘out of control’ rate hikes

by James Mitchell • 5 Jul 2017
A Sydney broker and financial literacy advocate has called on the federal government and ACCC to take action against... READ MORE
ing direct mortgage repricing home loan variable rate

ING DIRECT follows peers with mortgage repricing

by Staff reporter • 4 Jul 2017
Effective Friday, 7 July, the challenger bank is making a number of changes to variable rates across its home loan... READ MORE