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Breaking News
Westpac announces changes to variable interest rates
by Reporter • 17 Mar 2017
The big four bank last week announced changes to interest rates across a range of variable lending products for home...
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ASIC: change standard commissions and move away from bonuses
by Annie Kane • 17 Mar 2017
Linking standard commissions to LVR and “moving away” from bonus and soft dollar commissions are just three of the...
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WA’s best brokers crowned
by Reporter • 17 Mar 2017
The top brokers, brokerages, lender BDMs and loan administrators in Western Australia have been crowned at The...
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National recruitment drive for brokerage
by Reporter • 17 Mar 2017
Elders Home Loans’ head of home loans has spearheaded a restructured strategy for the company, growing its broking...
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Brokers hear from industry leaders at aggregator conference
by Francesca Krakue • 17 Mar 2017
Mortgage professionals have been provided with insights into how they can evolve and thrive in a highly competitive...
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Remuneration report released
by Annie Kane • 16 Mar 2017
The government has today released the long-awaited remuneration review into broker commissions for consultation.
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Broker clients have ‘extreme’ sensitivity to rate changes
by James Mitchell • 16 Mar 2017
A JP Morgan report into the mortgage industry has found that customers who obtained a home loan through a broker are...
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Speciality lender makes changes to SMSF loan product
by Reporter • 16 Mar 2017
A leading specialty lender has announced that it has made changes to one of its self-managed super fund products in a...
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Sydney and Melbourne ‘out of favour’ with investors
by Francesca Krakue • 16 Mar 2017
Less than a quarter of property investors from Sydney and Melbourne believe now is a good time to buy an investment...
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Innovative Virtual VOI platform avoids big four banks
by Reporter • 15 Mar 2017
A new virtual verification of identify service has revealed that it is targeting mid-tier lenders, aggregators and...
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Big four bank announces investor LVR change
by Reporter • 15 Mar 2017
A major bank has announced that it is reducing the maximum LVR ratio for investment home loans, effective...
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Lender to trial virtual sales assistants
by James Mitchell • 15 Mar 2017
An ASX-listed marketplace lender with an extensive broker footprint has announced that it will trial a new artificial...
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NAB launches university scholarship
by Francesca Krakue • 15 Mar 2017
The big four bank has this week unveiled a scholarship program and academic research funding to support the future of...
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Major lenders lose 6% broker market share in a year
by Reporter • 14 Mar 2017
The proportion of mortgages being written by brokers to the major banks has fallen by 6.55 per cent in just one year,...
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In Memoriam: Brett Emerson Hartley
by James Mitchell • 14 Mar 2017
Brett Emerson Hartley, founder of MAS and FirstPoint Mortgage Brokers, has passed away after a long illness.
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Banks put heads together to ease switching
by Francesca Krakue • 14 Mar 2017
Lenders and other stakeholders have come together at an inaugural roundtable to discuss new initiatives aimed at...
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An expert’s simple digital marketing framework revealed
by Tamikah Bretzke • 14 Mar 2017
A digital marketing guru and guest speaker at the Better Business Summit recently shared her online marketing tips for...
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Major banks’ plan to scrap commissions ‘highly unlikely’
by James Mitchell • 13 Mar 2017
Recent media reports claiming that the major banks are planning to scrap broker commissions have been slammed by a...
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APRA on ‘high alert’ as investor lending soars
by James Mitchell • 13 Mar 2017
Housing finance commitments posted further growth in January, driven by the investor segment.
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Former bank CEO joins P2P lender
by Reporter • 13 Mar 2017
Peer-to-peer lender RateSetter has appointed former ING Direct chief executive Vaughn Richtor to its Australian board...
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Half of all single women struggle to recover from financial setbacks
by Francesca Krakue • 13 Mar 2017
New research has revealed that single women – and in particular single mothers – struggle with poor financial...
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Broker of the Year revealed - Mar 2017
by Francesca Krakue • 10 Mar 2017
The top brokers, brokerages, lender BDMs and loan administrators of South Australia have been crowned at The...
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CUA to ramp up broker offering, streamline process
by James Mitchell • 10 Mar 2017
The mutual lender is looking to grow its third-party footprint and has revealed how it is changing its processes to...
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Chifley Securities thanks APRA for 140% lending surge
by Staff reporter • 10 Mar 2017
Non-bank lender Chifley Securities says its record growth over the last 12 months has been the direct result of tighter...
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No surprise as new report finds drop in housing affordability
by Staff reporter • 10 Mar 2017
National housing affordability has dipped with the proportion of median family income required to meet average loan...
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