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Breaking News
The 12 days of broking
by Tamikah Bretzke • 23 Dec 2016
For brokers, the ‘silly season’ is often associated with skeleton staff, slow business and closures over the...
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‘Too many unknowns’ in ASIC funding model: FBAA
by James Mitchell • 22 Dec 2016
The Finance Brokers Association of Australia remains in ongoing discussions with Treasury and key profile industry...
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Melbourne brokerage to list on ASX
by Reporter • 22 Dec 2016
A multi-disciplinary financial services firm that provides finance brokering has announced that it will list on the...
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Flavell warns of further rate hikes in 2017
by James Mitchell • 22 Dec 2016
Mortgage Choice chief executive officer John Flavell believes Australia’s lenders will continue to lift interest...
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Majority of Aussies struggle with overspending
by Francesca Krakue • 22 Dec 2016
A new study has revealed that the majority of Australians have problems with overspending, particularly over the...
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Westpac third-party GM to join specialist lender
by James Mitchell • 21 Dec 2016
Westpac’s NSW state general manager of third-party distribution will head up broker sales at a leading specialist...
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Bank launches new home loan following broker feedback
by James Mitchell • 21 Dec 2016
An Australian bank has today launched a new home loan product which offers a discount against the combined average...
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Non-major sells estates business to trustee company
by Reporter • 21 Dec 2016
Bendigo and Adelaide Bank has announced that it has entered into a strategic partnership with Equity Trustees, after...
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Major brokerage supports food donation drive
by Reporter • 21 Dec 2016
Brokers, team members, and those in the head office of Aussie Home Loans are being asked to bring in non-perishable...
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ANZ appoints customer fairness adviser
by Staff reporter • 21 Dec 2016
The major bank has appointed a Commonwealth Ombudsman to the newly created role of customer fairness adviser, which is...
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REA Group to roll out white-label home loans
by James Mitchell • 20 Dec 2016
Online real estate portal realestate.com.au has partnered with a major bank to launch a suite of branded home loan...
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Apartment prices to fall up to 20%, warns economist
by James Mitchell • 20 Dec 2016
A leading economist has predicted unit prices in Sydney and Melbourne to lose up to 20 per cent of their value as areas...
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FHBs waiting longer to enter property market
by Staff reporter • 20 Dec 2016
Recent research has revealed that in the ’90s it took from just a few months to a year to save a deposit for the...
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Suncorp appoints Microsoft boss to new role
by Staff reporter • 20 Dec 2016
The lender announced last week that it has made an appointment to the newly-created position of chief executive officer...
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The New Frontier: how lending curbs have changed the broking industry
by Reporter • 19 Dec 2016
We have entered a new era in Australian lending. Some brokers are struggling to survive by specialising in once-booming...
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Major bank sees 8.4% fall in broker market share
by James Mitchell • 19 Dec 2016
The non-major lenders have won back a significant share of broker-originated home loans over the three months to...
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Brokers set to become market innovators
by James Mitchell • 19 Dec 2016
Ever wondered what it takes to create an innovative business? TV’s The New Inventors host James O’Loghlin has some...
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Bank changes fixed and variable rates
by Reporter • 19 Dec 2016
A regional bank has announced variations to fixed and variable home loan rates for both new and existing customers,...
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Hayden becomes COO of mortgage marketplace
by Reporter • 19 Dec 2016
The former CEO of the Mortgage & Finance Association of Australia, Siobhan Hayden, has become the new chief...
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Brokers write $36bn for big four over September quarter
by James Mitchell • 16 Dec 2016
Mortgage brokers are writing more new home loans for the major banks than they did in 2015, according to the latest...
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APRA rules force non-major to reprice home loans
by James Mitchell • 16 Dec 2016
According to the CEO of an Australian challenger bank, rising funding costs and APRA’s investor lending growth cap...
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FBAA opposes MFAA stance on new EDR scheme
by Reporter • 16 Dec 2016
The Finance Brokers Association of Australia has said that the merger of the Credit and Investments Ombudsman and the...
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UK regulator to investigate ‘misaligned incentives’ in broker...
by James Mitchell • 16 Dec 2016
The Financial Conduct Authority (FCA) has launched a market study into competition in the mortgage sector and the...
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CUA named employer of choice third consecutive year
by James Mitchell • 16 Dec 2016
Mutual mortgage lender CUA has once again been recognised for its commitment to workplace equality, being named as a...
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AMP Bank to increase rates for investors in 2017
by James Mitchell • 15 Dec 2016
A challenger bank will hit property investors with a 15 basis point variable rate hike in the new year.
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