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Breaking News
The biggest challenges facing new brokers
by Francesca Krakue • 17 Jan 2017
Two industry associations have highlighted the common mistakes that new-to-industry mortgage brokers make when...
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Single borrowers “squeezed” out of market
by Reporter • 17 Jan 2017
A non-major bank believes single borrowers are being “squeezed out of buying a home”, after it saw single loan...
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Association warns brokers of asset finance complexity
by Reporter • 16 Jan 2017
As more mortgage brokers look to diversify into asset finance, the president of a professional association has urged...
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Refinancing to play major role in 2017 mortgage market
by Tamikah Bretzke • 16 Jan 2017
A Sydney-based broker believes refinancing will be a key theme in 2017 as consumers are “more educated” about their...
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In Memoriam: Tony Walden, 1953-2017
by Staff reporter • 16 Jan 2017
Tony Walden, the general manager of group operations at Pepper, has passed away at the age of 63.
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Why US investors prefer adviser fees over commissions
by Staff reporter • 16 Jan 2017
A new survey has found that nearly 50 per cent of US investors that rely fully on financial advice would rather pay...
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Broker secures $100m in private finance
by James Mitchell • 13 Jan 2017
A Melbourne-based brokerage is seeing an influx of funding from private lenders as developers continue to be locked out...
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CEO encourages mortgage review following rate hikes
by James Mitchell • 13 Jan 2017
Mortgage Choice CEO John Flavell says the new year is the ideal time for Australians to review their mortgage and make...
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Referral growth leads to new PMA appointment
by Reporter • 13 Jan 2017
A specialised lender offering loans to SMEs has hired a senior relationship manager to help accommodate the surging...
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Government responds to adviser financial literacy concerns
by Staff reporter • 13 Jan 2017
The Australian government Department of Education and Training has responded to concerns from the advice sector that...
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Non-major increases home loan rates
by Reporter • 12 Jan 2017
Bank Australia has announced that it will increase its variable interest rates for investor and owner-occupied home...
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Eastern states drive mortgage growth for major aggregator
by James Mitchell • 12 Jan 2017
One of Australia’s largest mortgage groups has seen a significant increase in lodgements from Victoria, Queensland...
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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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