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Breaking News
ASIC warns customers of scam emails
by Reporter • 12 Jan 2017
Registry customers of the Australian Securities and Investments Commission (ASIC) are being warned that scam emails...
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ASIC wades through broker remuneration data
by James Mitchell • 11 Jan 2017
The head of an industry association has confirmed that the federal government has granted ASIC an extension on its...
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Brokers must find their ‘niche’, says marketing guru
by James Mitchell • 11 Jan 2017
A digital marketing expert and speaker at the upcoming Better Business Summit has revealed what most brokers are...
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Increasing job demand for brokers and BDMs
by Reporter • 11 Jan 2017
Mortgage brokers, broker business development managers and consumer lending BDMs — particularly those with strong...
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Being a female broker is ‘biggest advantage’
by Reporter • 11 Jan 2017
A Perth-based broker has claimed that being a female broker in a male-dominated industry is her “biggest...
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Looming regulatory change signals major opportunity for brokers
by James Mitchell • 10 Jan 2017
As the industry eagerly awaits the outcome of ASIC’s remuneration review, one Sydney-based broker believes there is...
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White-label mortgages dominating the market
by James Mitchell • 10 Jan 2017
Brokers from a major aggregator wrote the same volume of branded home loans in November as they did for a major bank,...
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ZipID gaining traction with mortgage brokers
by James Mitchell • 10 Jan 2017
ID verification company ZipID (acquired by Veda in 2015) received overwhelming demand for its broker webcasts in...
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More borrowers locking in fixed rates, says major broker - Jan 2017
by Staff reporter • 10 Jan 2017
One of Australia's biggest mortgage brokerages has found that a growing proportion of borrowers are seeking the...
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Bank sells stake in brokerage, CEO resigns
by Reporter • 9 Jan 2017
An Australian bank has allegedly sold its stake in a mortgage broking business, the CEO of which has also tendered his...
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Labor renews calls for banking royal commission
by Staff reporter • 9 Jan 2017
The federal opposition has reinstated calls for a royal commission into the banking and financial services sector,...
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RBA appoints new head of domestic markets
by Reporter • 9 Jan 2017
The Reserve Bank of Australia has announced that Dr Marion Kohler has been appointed as head of the domestic markets...
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Call for stamp duty break for over 70s
by Reporter • 9 Jan 2017
Giving home owners over the age of 70 a concession on stamp duty could help boost the second-home buyers market and...
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ASIC should make it ‘compulsory’ to visit a mortgage broker
by Tamikah Bretzke • 6 Jan 2017
A regional broker says it should be made compulsory for home buyers to see brokers and believes industry bodies could...
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MFAA director steps down
by James Mitchell • 6 Jan 2017
The Mortgage & Finance Association of Australia (MFAA) announced today that one of its directors has not sought...
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Bank boss explains decision to hike rates
by James Mitchell • 6 Jan 2017
Australian banks are expected to continue increasing mortgage rates in an effort to offset the impact of increased...
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Flavell offers 5 financial resolutions for 2017
by Staff reporter • 6 Jan 2017
At the start of a new year many of us make a number of resolutions that we wish to integrate into our lives.
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Bank tips broker market share to reach 70%
by James Mitchell • 5 Jan 2017
The head of third party at a non-major bank believes brokers could soon be writing 70 per cent of Australian home loans...
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Lender to lift investor rates on Friday
by James Mitchell • 5 Jan 2017
A non-major lender has announced rate changes across its fixed and variable rate home loans for owner-occupiers and...
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Regulator blames ‘bank subcultures’ for mistrust
by Staff reporter • 5 Jan 2017
ASIC chairman Greg Medcraft has said that conflicted subcultures are to blame for ongoing consumer mistrust and...
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ASIC cancels broker’s credit licence
by James Mitchell • 4 Jan 2017
ASIC has cancelled the Australian credit licence held by a South Australian company.
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Brokers to play key role in REA mortgage business
by James Mitchell • 4 Jan 2017
Online real estate giant REA Group is currently exploring opportunities to work with mortgage brokers after announcing...
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Top broker predicts investors will ‘come out and play’ in 2017
by James Mitchell • 4 Jan 2017
One of Australia’s most successful mortgage brokers who wrote over 1,000 home loans in the 2016 financial year...
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Dwelling price to income ratio affects affordability
by Tamikah Bretzke • 4 Jan 2017
The latest figures from a property, information and analytics company have highlighted the dwelling price to income...
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CUA steps up to the crease for Ponting Foundation
by Staff reporter • 4 Jan 2017
Australia’s largest credit union has teamed up with the Ponting Foundation to support the charity’s work in helping...
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