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Data sharing would lead to ‘better outcomes for customers’
by Reporter • 4 May 2017
The founder and managing director of a personal loan provider has said that he believes open data should be “adopted... READ MORE

Kolenda tells borrowers to bargain with banks
by James Mitchell • 4 May 2017
Finsure boss John Kolenda has urged mortgage holders to negotiate a better deal with their bank as out-of-cycle rate... READ MORE

Major aggregator launches asset finance platform
by Reporter • 4 May 2017
Connective has launched a new asset finance quoting and processing platform to enable brokers to offer a more... READ MORE

Brokers have ‘important role to play’ for stressed households
by Francesca Krakue • 3 May 2017
Mortgage brokers have an important role to play for the increasing number of households experiencing mortgage stress,... READ MORE

Major bank’s broker-originated loans jump

by Reporter • 3 May 2017
The proportion of new home loans written by brokers for a major bank have increased by 5 per cent in a year, according... READ MORE

From professional cyclist to mortgage broker
by Reporter • 3 May 2017
In early 2017, professional cyclist Travis Meyer unclipped from his bike for the last time to become a mortgage broker... READ MORE

RBA announces cash rate decision - May 2017
by Francesca Krakue • 2 May 2017
The Reserve Bank of Australia has announced the outcome of today’s monthly board meeting. READ MORE

Remuneration reform unites aggregators
by James Mitchell • 2 May 2017
The general manager of a boutique aggregation group has explained how the ASIC and Sedgwick reviews have prompted... READ MORE

APRA curbs hit YBR mortgage volumes

by James Mitchell • 2 May 2017
Yellow Brick Road has reported a fall in mortgage settlements over the three months to 31 March but managed to grow its... READ MORE

Elite broker tips market to grow amid regulatory flux

by Francesca Krakue • 2 May 2017
The increasingly complex lending environment will illuminate the value of brokers and is likely to see their share of... READ MORE

Eight lenders to take part in refinancing sale
by Reporter • 2 May 2017
Financial comparison website RateCity.com will host a home loan sale next Monday, which will see eight lenders cut... READ MORE

FBAA defends commission model to Senate inquiry
by Reporter • 1 May 2017
The industry association has defended the current broker commission model to the Senate economics references... READ MORE

Brokers have their say on IO crackdown
by Reporter • 1 May 2017
APRA’s latest curb on interest-only loans aims to reduce risk in the mortgage market, but several leading brokers... READ MORE

ASIC calls for broader whistleblower definition
by Linda Santacruz • 1 May 2017
The corporate regulator has said the current definition for whistleblowers in the Corporations Act is too narrow, and... READ MORE

UniBank appoints new GM
by Reporter • 1 May 2017
Teachers Mutual Bank’s sister division, UniBank, has appointed Mike Lanzing to the role of general manager. READ MORE

MFAA ‘accepts some change will be necessary’ on remuneration
by Reporter • 28 Apr 2017
The CEO of the Mortgage & Finance Association of Australia has said that ASIC’s remuneration review was a... READ MORE

Broker slams ‘unethical’ clawbacks

by James Mitchell • 28 Apr 2017
A veteran mortgage broker and former CBA employee believes clawbacks are an “underhanded way” of preventing brokers... READ MORE

Elite broker thriving after striking work/life balance
by Francesca Krakue • 28 Apr 2017
A successful broker has revealed how trusting his colleagues and learning how to delegate effectively has enhanced both... READ MORE

Real estate giant recruiting experienced brokers

by Sasha Karen • 28 Apr 2017
Since its rebranding to Our Broker last year, Raine & Horne’s financial services subsidiary has been attracting... READ MORE

Federal minister urges brokers to identify red tape challenges
by Reporter • 27 Apr 2017
The federal Minister for Small Business, Michael McCormack MP, has said he is “in awe” of what brokers do and is... READ MORE

Brokers a ‘source of pain’ for banks: Spectrum
by James Mitchell • 27 Apr 2017
An Australian asset manager believes the “extensive use of mortgage brokers” by banks is intensifying risks in the... READ MORE

‘Empower’ clients through diversification, brokers say
by Francesca Krakue • 27 Apr 2017
Two successful mortgage and finance professionals have shared the benefits of running a fully-diversified financial... READ MORE

Industry association attends Senate inquiry into consumer protection
by Reporter • 27 Apr 2017
The Finance Brokers Association of Australia has told the Senate economics references committee’s inquiry into... READ MORE

Banks accused of ‘regulatory manipulation’ with Sedgwick review
by James Mitchell • 26 Apr 2017
Stephen Sedgwick is not qualified to make any recommendations about broker remuneration, argues the head of an industry... READ MORE

Referral model less risky than broker channel: Sedgwick
by James Mitchell • 26 Apr 2017
Stephen Sedgwick believes the remuneration-related risk that referrers pose to borrowers is “much lower” than the... READ MORE