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Breaking News
Financial advice group cops ASIC fine
by James Mitchell • 11 Oct 2016
A group of companies that promotes itself as one of Australia’s largest financial advisory businesses has been fined...
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Client retention programme delivers 94% success rate
by Reporter • 11 Oct 2016
A mortgage funder has reported that its new client retention initiative has helped brokers retain nearly 2,500...
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FBAA presses Treasury on banking transparency and LMI
by Reporter • 10 Oct 2016
A leading industry body has met with the Treasury to discuss banking transparency and lenders mortgage insurance,...
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Broker develops CRM platform
by Francesca Krakue • 10 Oct 2016
An experienced mortgage professional is in the process of designing his own customer relationship management system,...
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Untapped equity could assist struggling retirees
by Tamikah Bretzke • 10 Oct 2016
The financial, emotional and health-related hardships many “poorly prepared” retirees experience could be...
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Mortgage professional creates strategy to help FHBs into market
by Francesca Krakue • 10 Oct 2016
A broker has partnered with financial planners to devise a “fun and innovative” decision-making model for first...
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Challenger bank to reach 75% of broker market
by Francesca Krakue • 7 Oct 2016
The CEO of Bank of Queensland has emphasised that growing the broker channel is one of the challenger bank’s main...
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Non-major ‘shines a light’ on growing wealth opportunities
by Francesca Krakue • 7 Oct 2016
With brokers poised to vie for the title of the country’s best commercial writer, ING DIRECT has partnered with the...
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Nearly 80% of brokers believe rates will hold until 2017
by Reporter • 7 Oct 2016
Around four-fifths of brokers think that the Reserve Bank of Australia will hold the cash rate at its current...
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Regional bank ‘enhances’ home loan offering
by Reporter • 7 Oct 2016
Adelaide Bank has announced an ‘enhanced’ service and product offering for the home loans offered under AFG’s...
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Brokers facilitate 14% rise in mutual’s loan portfolio
by Reporter • 6 Oct 2016
A leading mutual bank has seen its housing loan portfolio swell by 14.2 per cent to $4.3 billion in 2015/16, thanks in...
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Lending changes present brokers with ‘golden opportunity’
by Francesca Krakue • 6 Oct 2016
Brokers remain “ideally placed” to give people a pathway to “financial choice and freedom” amid the APRA...
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Home loan rate cuts diverge from RBA hold
by Francesca Krakue • 6 Oct 2016
“Competition to get new customers” has resulted in lenders making nearly 200 cuts to home loan rates in the past...
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Brokers continue to play important role for alternative lender
by Francesca Krakue • 6 Oct 2016
The third-party channel remains “very important” to alternative lender Keystart, one of its executive managers has...
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Commercial lending ‘too dynamic and complex’ for NCCP
by Reporter • 5 Oct 2016
A broking industry body has warned that business loans “are not easy” and are “too dynamic and complex” to be...
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Calling Australia’s best commercial writers
by Francesca Krakue • 5 Oct 2016
Are you Australia’s best commercial loan writer? If you think you are the country’s most prolific commercial broker...
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Specialist lender launches online investment platform
by Francesca Krakue • 5 Oct 2016
La Trobe Financial has announced the launch of a new platform that will offer customers the opportunity to invest...
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RBA keeps cash rate on hold
by Tim Neary • 4 Oct 2016
The Reserve Bank of Australia has delivered the decision of its monthly board meeting.
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Major bank introduces broker client advisers to ‘remove conflict’
by Reporter • 4 Oct 2016
Big four bank NAB has said that it is aiming to remove channel conflict through a new system that will see “customer...
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APRA ‘should move with prudent haste’ to even playing field
by Reporter • 4 Oct 2016
The CEO of a leading building society has said that the federal government’s implied support of the four major banks...
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Brokers will be first to receive new home insurance offering
by Reporter • 4 Oct 2016
Non-major lender ING DIRECT has announced that brokers will be the first to access its new home insurance and contents...
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ASIC review ‘unlikely to result in strategic shift’
by Francesca Krakue • 4 Oct 2016
The Australian Securities and Investments Commission's review into broker remuneration is unlikely to result in...
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Nearly two-thirds of SMEs would pay a fee for service
by Reporter • 3 Oct 2016
Sixty-three per cent of small- to medium-sized businesses would pay a fee-for-service for a finance broker, a new...
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Regional bank positions itself for broker channel growth
by Francesca Krakue • 3 Oct 2016
Bendigo and Adelaide Bank plans to roll out a new lending platform to its brokers “as a first priority”, as it...
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Financial advice company launches broking business
by Francesca Krakue • 3 Oct 2016
Anthony Landahl, the general manager of Principal Edge Financial Services, has launched a mortgage broking arm of the...
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