Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

Broker to fork out over $1.2m for breaching credit laws
by Francesca Krakue • 10 Apr 2017
The Federal Court fined on Friday the sole director of a Cairns-based brokerage a total of $776,000 for breaching... READ MORE

Mortgage lender appoints Chum Darvall as deputy chairman
by Reporter • 10 Apr 2017
A former CEO of Deutsche Bank ANZ has become deputy chairman of mortgage manager Homeloans Ltd. READ MORE

Major bank launches home loan rewards campaign
by Francesca Krakue • 10 Apr 2017
NAB has announced a new rewards points campaign for its home loan customers, in a move aimed at helping brokers shape... READ MORE

Up to 60% of broker application rework caused by VOI problems
by Reporter • 10 Apr 2017
Between 20 and 60 per cent of all broker applications require rework from funders due to problems with identification... READ MORE

Broker share could reach 73%: NAB
by Reporter • 7 Apr 2017
The executive general manager for broker partnerships at NAB has told brokers that they could achieve a similar market... READ MORE

Millennials ‘not prepared’ for reality of owning home
by Francesca Krakue • 7 Apr 2017
A recent survey has revealed that while most Australian millennials intend on buying a home in the next five years,... READ MORE

Client strike rate ‘much higher’ with financial advice
by Francesca Krakue • 7 Apr 2017
Taking the step to become qualified as a financial planner can make a significant difference to brokers’ client... READ MORE

Submissions flooding in for ABAs 2017
by Reporter • 7 Apr 2017
There has been a surge in submissions for the 2017 Australian Broking Awards, the only industry awards focusing... READ MORE

Former mortgage broker pleads guilty to deception
by Francesca Krakue • 6 Apr 2017
A former mortgage broker has pleaded guilty to six charges of deception in the Adelaide District Court totalling $1.9... READ MORE

Revealed: Best of the non-banks 2017
by Reporter • 6 Apr 2017
New research has revealed which non-bank lenders brokers think are at the top of their game for short-term, commercial,... READ MORE

Mutual lender halts investor lending
by Francesca Krakue • 6 Apr 2017
Credit Union Australia has announced it will temporarily pause accepting applications for investor lending until... READ MORE

Brokers are ‘elite money managers’, says PIPA chair
by Richard van der Draay • 6 Apr 2017
The chair of the Property Investment Professionals of Australia has said that mortgage brokers are “elite money... READ MORE

Mortgage insurer raises awareness of bone marrow failure syndrome
by Reporter • 6 Apr 2017
Loan protection specialist ALI Group has partnered with not-for-profit organisation Maddie Riewoldt’s Vision, to... READ MORE

Majority of brokers expect more out-of-cycle rate hikes
by Francesca Krakue • 5 Apr 2017
A recent survey has revealed that 85 per cent of brokers believe there are more out-of-cycle rate hikes in the... READ MORE

FHBs accessing super to fund properties ‘irresponsible’
by Tamikah Bretzke • 5 Apr 2017
Allowing first home buyers to access their superannuation to fund property purchases would be “frowned upon” by... READ MORE

Top 25 Brokerages ranking entries now open
by Francesca Krakue • 5 Apr 2017
The Adviser is now taking entries for one of the most anticipated annual reports showcasing the best mortgage broking... READ MORE

RBA makes cash rate announcement - Apr 2017
by Francesca Krakue • 4 Apr 2017
The Reserve Bank of Australia has revealed the decision of today’s monthly board meeting. READ MORE

Virgin Money increases interest rates
by Reporter • 4 Apr 2017
The lender has announced that, from 5 April, it will increase the interest rate on three-year fixed rates for investors... READ MORE
world map australian brokers lowest paid in the world mortgage brokers fbaa asic

Analysis: Aus brokers among the lowest paid in the world
by Reporter • 4 Apr 2017
Mortgage brokers in Australia are among the lowest paid in the world, as new research from the FBAA and ASIC reveal... READ MORE

APRA tightening on investor lending ‘short-sighted’

by Francesca Krakue • 4 Apr 2017
The CEO of a national broking franchise has stressed that the regulator’s measures to rein in investor lending are... READ MORE

Demand for fixed rate declines
by Francesca Krakue • 4 Apr 2017
Fresh figures from a major brokerage have revealed that consumer demand for fixed rate home loans dipped in March,... READ MORE

ASIC to begin ‘targeted surveillance’ on interest-only loans
by Reporter • 3 Apr 2017
ASIC has announced a targeted industry surveillance to examine whether lenders and mortgage brokers are... READ MORE

Brokers ‘need to become more digitally enabled’
by Reporter • 3 Apr 2017
The heads of several leading banks, aggregators and industry consultants have said that lender focus on brokers is... READ MORE

Regional bank broker channel shrinks

by Francesca Krakue • 3 Apr 2017
The growth of a non-major bank’s broker channel has contracted over the first half of the year to 2017, buffeted by... READ MORE

Sydney brokerage announces charity partnership
by Tamikah Bretzke • 3 Apr 2017
A Sydney-based brokerage has announced its partnership with a charity to address the poverty and education of women in... READ MORE