Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

Commissions to change despite no evidence of poor outcomes
by James Mitchell • 21 Apr 2017
A mortgage industry veteran has highlighted that both the ASIC and Sedgwick reviews — the latter of which has... READ MORE

ACL holders likely to be required to report breaches
by Francesca Krakue • 21 Apr 2017
Under proposed changes by Treasury, Australian Credit Licence holders could soon be subject to mandatory breach... READ MORE

Cairns broker reaping rewards of financial planning
by Francesca Krakue • 21 Apr 2017
A regional broker has seen significant benefits as a result of his investment in an ongoing partnership with a... READ MORE

Major banks to change broker commissions
by James Mitchell • 20 Apr 2017
Australia’s big four banks will make significant changes to the way mortgage brokers are remunerated after they... READ MORE

Rate hikes hit investor, refi volumes for major group
by James Mitchell • 20 Apr 2017
One of Australia’s largest mortgage broking groups has seen a slide in investor and refinance deals over the March... READ MORE

Broker numbers ‘may be reaching saturation point’
by Reporter • 19 Apr 2017
There is a “disconnect” between growth in the number of brokers in the market and the amount of new loans being... READ MORE

PLAN CEO shares top tips on broker success
by Francesca Krakue • 19 Apr 2017
The new CEO of PLAN Australia shares her enthusiasm for the role and key advice on succeeding in the mortgage broking... READ MORE

Free aggregation platform launches
by Reporter • 19 Apr 2017
One of Australia’s largest loan processing groups has launched a new, zero-aggregation-fee platform that aims to help... READ MORE

Young guns carve out niche with new brokerage
by James Mitchell • 19 Apr 2017
Two Sydney mortgage brokers have managed to put their university education to use by targeting a particular type of... READ MORE

Average broker home loan portfolio is $38m, finds MFAA
by Reporter • 18 Apr 2017
The national average value of a broker’s home loan portfolio is around $38 million, new research from the Mortgage... READ MORE

Wealth firm launches new home loans subsidiary
by staff reporter • 18 Apr 2017
Wealth management firm Stanford Brown has merged one of its divisions with a Sydney-based mortgage broking firm to... READ MORE

Tasmania mortgage demand outstrips NSW and Victoria
by Francesca Krakue • 18 Apr 2017
The annual rate of growth in mortgage applications was +4.3 per cent year-on-year for the March quarter with the... READ MORE

Brokerage hires broker and financial adviser Shane Marini

by Richard van der Draay • 18 Apr 2017
Regional mortgage brokerage firm Mint Equity has announced that it has expanded its team by hiring mortgage broker and... READ MORE

FBAA: ASIC peer review panel ‘a great idea’
by Reporter • 13 Apr 2017
The executive director of the Finance Brokers Association of Australia has welcomed the consultation on ASIC’s... READ MORE

Aggregator to launch new council

by Reporter • 13 Apr 2017
The winner of the 2016 Australian Broking Awards’ Training and Education of the Year category, PLAN Australia, has... READ MORE

Mortgage broker sentenced for fraud
by Reporter • 13 Apr 2017
The former GM of a mortgage manager, Beth Ngoc Stolyar (nee Nguyen), has been found guilty of mortgage fraud at... READ MORE

Major bank increases investor rates
by staff reporter • 13 Apr 2017
A big four bank has increased its fixed home loan rates for new residential investor borrowers. READ MORE

New ASIC panel to be given power to ban brokers
by Reporter • 12 Apr 2017
A consultation has launched to determine whether a new Financial Services Panel being set up by ASIC should be given... READ MORE

Financial planning ‘fantastic way’ to diversify
by Francesca Krakue • 12 Apr 2017
The general manager of lending at Yellow Brick Road has stressed the growing importance of diversification in the... READ MORE

Elite broker reveals his top tips for business development
by Richard van der Draay • 12 Apr 2017
The “best investment brokers could ever make” for their business is to hire staff to help with the front piece of... READ MORE

What brokers look for in an aggregator
by Reporter • 12 Apr 2017
One of the most important choices a broker makes when coming into the business is which aggregator to go with. Five... READ MORE

Major bank reveals lack of ‘clarity’ around aggregator oversight
by Reporter • 11 Apr 2017
A big four bank has acknowledged that data quality and public reporting could be further improved in the mortgage... READ MORE

Big four bank announces strategic appointment
by Francesca Krakue • 11 Apr 2017
Westpac has newly appointed a state general manager for NSW/ACT to lead a team of BDMs who provide expert mortgage... READ MORE

Regional broker thriving in ‘buoyant’ Cairns market
by Francesca Krakue • 11 Apr 2017
An award-winning broker has discussed the flourishing Cairns mortgage market and what winning Regional Office of the... READ MORE

71% of consumers are happy with broker advice
by Reporter • 11 Apr 2017
Nearly three-quarters of consumers have rated the advice they have received from brokers as ‘good’ (or higher), new... READ MORE