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Breaking News
‘Ability to sell’ critical to success in broking
by James Mitchell • 23 Mar 2017
A Sydney mortgage broker has explained the importance of good salesmanship among new-to-industry brokers in an...
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LFI Group appoints national sales manager
by Reporter • 23 Mar 2017
Finance industry insurer LFI Group, a wholly-owned subsidiary of Liberty Financial, has announced the appointment of...
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Broker heads debate FOFA reforms for third party
by Reporter • 22 Mar 2017
At ASIC’s Annual Forum 2017, several industry heads discussed the idea of whether Australian brokers need to be...
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National brokerage hits 50 franchises
by Francesca Krakue • 22 Mar 2017
Since launching its franchise business in May last year, MoneyQuest has achieved a presence in every mainland state of...
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Savvy referral relationships ‘essential’ to lead generation
by Francesca Krakue • 22 Mar 2017
The leader of a referral partnership company has shared key advice on how brokers can get the most out of thoughtful...
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Majority of Australians struggle with budgeting
by Reporter • 22 Mar 2017
A new survey has revealed that over half of the nation say they find it difficult to manage their money, do not know...
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Referrers being paid ‘almost as much’ as brokers
by James Mitchell • 21 Mar 2017
There has been a sharp increase in the use of mortgage referrers, such as real estate agents and developers, whom are...
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‘Brokers deliver great consumer outcomes’; ASIC chairman
by Reporter • 21 Mar 2017
The chairman of Australia’s financial services regulator has said that he believes “brokers deliver great consumer...
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Boutique aggregator partners with ZipID
by Francesca Krakue • 21 Mar 2017
A leading aggregator has announced it is joining forces with the identity verification service in an effort to help its...
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Regional brokers ‘massively important’ to rural communities
by Francesca Krakue • 21 Mar 2017
An award-winning regional broker has revealed that mortgage professionals are playing an increasingly critical role for...
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Industry associations voice support for ASIC review
by Reporter • 20 Mar 2017
The heads of the two main mortgage broking industry associations have both voiced their broad support of ASIC’s...
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Brokers ‘integral’ to non-bank lender success
by Francesca Krakue • 20 Mar 2017
The CFO of a non-bank lender, which has priced the largest RMBS issue from a lender of its type, has said it is...
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Lender launches frequent flyer offer for home loan customers
by Francesca Krakue • 20 Mar 2017
A non-major lender is offering 20,000 frequent flyer points for every $100,000 drawn to customers who apply for a home...
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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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