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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

Research shows more rate hikes will tip borrowers over the edge
by James Mitchell • 26 Apr 2017
New research has revealed that it would take less than a $100 rise in monthly repayments before the majority of Aussie... READ MORE

Brokers weigh in on super as housing affordability solution
by Francesca Krakue • 26 Apr 2017
A question posed on a community platform has led to a lively discussion about whether first home buyers should be... READ MORE

Westpac hikes interest-only rates
by Francesca Krakue • 24 Apr 2017
Westpac has today announced it will be increasing rates on its interest-only fixed rate loans by up to 30 basis... READ MORE

Sedgwick review accused of supporting ‘cartel behaviour’
by James Mitchell • 24 Apr 2017
A Melbourne-based broker and former CBA employee believes the ABA-commissioned Sedgwick review is looking to "support... READ MORE

Brokers to benefit from APRA crackdown: Kolenda
by James Mitchell • 24 Apr 2017
Increased measures from the banking regulator to drive investors out of the property market represent a huge... READ MORE

New trail book marketplace launches
by Reporter • 24 Apr 2017
A new website has launched for finance professionals, including mortgage brokers, that are looking to buy or sell... READ MORE