Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

Funds

Heritage launches fund for police officer killed on duty

by Staff reporter • 6 Jun 2017
Heritage Bank has established a fund to accept donations from the public to support the family of Senior Constable... READ MORE
team

Sydney broker's unique remuneration model

by James Mitchell • 5 Jun 2017
A Sydney-based broker has revealed why he pays his staff a salary and how he has managed to reduce the group’s... READ MORE
rate increase

Bank hits borrowers with 0.76% rate hike

by Staff reporter • 5 Jun 2017
A major bank subsidiary has increased the variable interest rate on owner-occupier home loans by 76 basis points. READ MORE
House with key

Foreigners to pay for FHB tax breaks

by James Mitchell • 5 Jun 2017
The state government has announced a raft of measures to improve housing affordability including scrapping stamp duty... READ MORE
Lifestyle

Why brokers are ‘a provider of choice’

by Reporter • 5 Jun 2017
An award-winning regional broker has highlighted how brokers are providing customers with not only a choice of lender,... READ MORE
Loan fraud magnifying glass

ASIC to undertake new loan fraud project

by Reporter • 2 Jun 2017
The financial services regulator has revealed that it is currently scoping a new project into loan fraud, which could... READ MORE
house loan

New green loan product comes to broker channel

by Reporter • 2 Jun 2017
A peer-to-peer lender has launched a new green loan to help broker clients invest in sustainable and low-emissions... READ MORE
New director

Industry body appoints new independent directors

by Lucy Dean • 2 Jun 2017
The Mortgage and Finance Association of Australia has appointed two new independent directors to its board, following... READ MORE
Brenden Lowbridge

‘Moving target’ of regulation posing challenges, says broker

by Francesca Krakue • 2 Jun 2017
An award-winning regional broker has discussed the difficulties presented by lenders’ changing appetites and... READ MORE
warning signage

Bank CEO warns against ‘white anting’ brokers

by James Mitchell • 1 Jun 2017
The chief executive of an Australian bank has spoken out about channel conflict in the mortgage industry and says a... READ MORE
red arrows up

Mutual lender the latest to hike interest rates

by Lucy Dean • 1 Jun 2017
An Australian mutual bank has joined the ranks of those hiking rates on interest-only loans, and has reduced the... READ MORE
Australia real estate

Value of foreign investment in real estate revealed

by Staff reporter • 1 Jun 2017
A new report has highlighted the positive impact foreign investment has on real estate and the economy, calling on... READ MORE
new rate value

White-label funder releases new variable rates

by Lucy Dean • 1 Jun 2017
A white-label loans distributor has announced "special" variable rates for brokers and a "simplified" pricing... READ MORE

Branches still leading channel for major banks

by James Mitchell • 31 May 2017
Brokers are writing less than 50 per cent of mortgages for the big four banks but have become the dominant channel for... READ MORE

Brokers help bank boost home loan growth by 95%

by Reporter • 31 May 2017
Mortgage brokers have been responsible for 95 per cent of a Tasmanian bank’s home loan growth in the past year,... READ MORE

Lenders must ‘adapt or lose share’ to fintechs: Lender CEO

by Reporter • 31 May 2017
Fintechs are “good for brokers and business” and lenders must “adapt or follow them or lose share to them”,... READ MORE
ali group clearview partner mortgage broker clients insurance offering

New insurance offering for mortgage broker clients

by Lucy Dean • 31 May 2017
A new partnership has been announced that aims to provide mortgage brokers with a life insurance solution for their... READ MORE

Bank raises rates, sets sights on brokers

by Reporter • 30 May 2017
A challenger bank has announced a raft of changes to interest rates and revealed its broker strategy for the near... READ MORE

Aggregator surpasses $60bn trail book value

by Lucy Dean • 30 May 2017
Strong retention rates and robust growth has seen a major bank-owned aggregator grow its trail-book value beyond $60... READ MORE

FBAA calls for independent actuary

by Lucy Dean • 30 May 2017
The Finance Brokers Association of Australia has called for the appointment of an independent actuary to investigate... READ MORE
win, trophy, award

Rate tracker mortgage wins innovation award

by Lucy Dean • 30 May 2017
A regional lender’s ‘rate tracker’ home loan has been recognised as the “Innovative Mortgage Offering of the... READ MORE

Bank commission changes drive senior broker to diversify

by James Mitchell • 29 May 2017
A top mortgage broker has explained how he diversified his business after learning that one of the big four banks had... READ MORE

Uno. boss reveals his vision of the future of mortgage lending

by Reporter • 29 May 2017
The managing director of online mortgage broker uno. has suggested that artificial intelligence in mortgages could... READ MORE

FBAA speaks out in support of single EDR scheme

by Lucy Dean • 29 May 2017
A new external dispute regulation (EDR) scheme has been backed by the Finance Brokers Association of Australia (FBAA),... READ MORE

Aggregator limits LVR in light of APRA directive

by Lucy Dean • 29 May 2017
Connective Home Loans has followed in the footsteps of Australia’s big banks, announcing changes to maximum... READ MORE