Straw Poll - The Adviser


Num Title Status Votes
1 What impact will a November rate rise have on your business? 67
2 How has recent media negativity towards non-banks impacted your business? 19
3 In 2008 I would expect my business: 22
4 Do you expect more refinancing business as a result of the February RBA rate rise? 16
5 Will the cost of funding in 2008: 63
6 Will we see wide-scale reductions to broker commissions: 152
7 Will the National Rental Affordability Scheme effectively tackle housing affordability? 36
8 The implications for securitisation following Macquarie Bank's exit from mortgages is: 122
9 When will variable rates top ten per cent? 123
10 Has the current funding climate prompted you to consider diversifying your products/ services? 78
11 Does the non-bank sector need to resurrect the Mortgage Lenders Council - an industry body that advocates its interests? 67
12 Will other lenders follow Westpac's lead and cut broker commissions: 160
13 Do you expect a drop in broker numbers as a result of commission cuts? 314
14 Does the future of mortgage broking lie in cross selling? 182
15 Will changes to broker commission structures lead to consolidation in the aggregation industry? 253
16 Will we see a broker swing to non-bank lenders as a result of bank commission cuts? 226
17 Will commission restructuring lead to a fee-based mortgage broking industry in Australia? 253
18 Do you expect your business to grow during this financial year? 218
19 Where does your aggregator fall short? 153
20 Which residential lending sector do you expect most of your business to come from over the coming six months? 175
21 How much of an RBA rate cut will borrowers see from their lender? 313
22 What would be a responsible reaction to interest rates from the RBA in September? 266
23 Which market segment will September's rate cut boost most? 303
24 Can Australian lenders remain shielded from a worsening global financial crisis? 446
25 Will a bank drop the broker channel within the next 12 months? 749
26 Are we now past the worst of the financial crisis? 1056
27 Does the future success of the broking industry lie in providing advice? 723
28 Are you more open to offering non-bank products than you were 12 months ago? 620
29 Do you expect your volumes to increase in 2009? 802
30 Is now a good time for borrowers to lock in a fixed-rate loan? 643
31 Will your business plan be ready for the new year? 248
32 Should the RBA cut the cash rate in Feb? 874
33 By 2010 the maximum available LVR will be: 859
34 At this stage should the FHOG boost be extended beyond June? 576
35 Will second tier banks win more broker business in '09? 454
36 Is the 100bp Feb rate cut enough to boost borrowing activity? 527
37 Should the banks pass on future rate cuts in full? 503
38 Has the property market bottomed-out? 598
39 In 12 months will the cash rate: 513
40 Is the federal government's handling of the crisis so far 596
41 Have you seen an upswing in investor business? 369
42 Will current low rates create a future housing bubble? 417
43 Do DEFs put you off recommending non-bank products? 595
44 Have slow turnarounds cost some lenders your business? 472
45 Will the MFAA's proposed aggregator forum help improve bank servicing? 414
46 Has business so far this year been better than expected? 437
47 Will the RBA cut rates in May? 634
48 Will you recommend fixed rate loans this month? 453
49 Should the upped FHOG be: 278
50 Is the federal budget good news for the economy 338
51 Have reduced max LVRs impacted your volumes? 498
52 Currently what is the main threat to business? 325
53 Has our economy turned the corner? 417
54 Have borrowers missed the boat for fixed rates? 696
55 Will imposing minimum volume quotas cost banks business? 530
56 Can brokers now realistically retain accreditation with all major lenders? 1142
57 Are turnaround times: 531
58 Are property markets poised for recovery? 188
59 By year end the cash rate will: 540
60 Will all aggregators eventually be acquired by banks? 522
61 Will you be ready to register for an Australian Credit Licence on Nov 1? 416
62 Will rising rates slow borrowing activity? 415
63 I would switch aggregator for: 324
64 Do you offer your clients insurance products as part of your presentation? 282
65 Is white labelling your own products a viable option for brokers? 239
66 Will the RBA increase rates in October? 351
67 Has the RBA raised interest rates too soon? 668
68 Was ASIC right to delay broker licencing? 460
69 Do you cross-sell other products when offering residential mortgages? 300
70 In November rates will: 561
71 Is your 2010 business plan: 185
72 I recommend non-bank products to: 572
73 Should the RBA up the cash rate in Dec? 647
74 Does the broking industry fmijo further consolidation next year? 517
75 Has competition amongst lenders improved? 394
76 Will business be brisk over the Christmas period? 506
77 Business in the year ahead will be: 355
78 Will the gap between the banks' rates narrow before the RBA meets in Feb 358
79 Will you retain membership of an industry body post licensing? 596
80 Does your aggregator's technology platform meet all your requirements? 366
81 Are you concerned about overregulation under the new licensing laws? 442
82 Do you expect RHG to reenter the mortgage market? 391
83 Where is business most active: 309
84 Will the RBA raise interest rates in March? 458
85 Are non-banks becoming more competitive? 400
86 Has demand for non-conforming products over the last 12 months 275
87 Do you use social media (eg: Fmijobook/Twitter) to market your business? 588
88 Could new licensing laws negatively impact on your referral relationships? 511
89 How many hours do you work each week? 457
90 To what degree does the quality of BDM support influence which lender you plmijo your business with? 501
91 Will licensing encourage you to diversify your product offering? 241
92 As a broker, how often do you invest money in marketing your business? 488
93 Which licensing option will you choose under the new credit regime? 445
94 Are we approaching the end of this upward rate cycle? 556
95 Will the next financial year be: 342
96 Have you registered with ASIC yet? 569
97 What level of support have you received from your aggregator moving into regulation? 308
98 How will we fare at the World Cup? 313
99 Do you expect to see an upswing in demand for fixed rate products? 226
100 Have Australia's banks profited from the GFC? 356
101 Who 'owns' the client? 481
102 Do you buy leads? 387
103 What is the no.1 reason your clients are refinancing? 290
104 In general, how does lending policy compare to 12 months ago? 468
105 Is it your responsibility to advise clients on their debt structure? 679
106 Will licensing rid the industry of unprofessionalism? 494
107 how many products do you cross sell? 228
108 Have high LVR products truly made a comeback? 289
109 Which political party do you think will be better for the broking industry? 554
110 Is there still demand for low doc products? 0
111 Is there a future for low doc loans? 400
112 Which licensing option will you choose? 359
113 Are you writing more business with 2nd tier lenders than 12 months ago? 545
114 Will banks move rates outside of the RBA this year? 356
115 Has competition improved amongst lenders over the last 12 months? 363
116 Does the future of broking lie in fee for service? 450
117 Should exit fees be banned? 511
118 Are current turnaround times acceptable? 246
119 Do you expect your volumes to increase in 2011? 492
120 What have you registered as? 277
121 Have you added a new revenue stream to your business in the last year? 173
122 What is most important in a lender BDM? 386
123 Will Australia win back the Ashes? 213
124 First rate rise in 2011: 380
125 Has the flood devastation adversely affected your business? 281
126 I would switch aggregator for: 364
127 Have you sold your aggregator's white labelled product? 273
128 Will we see the return of 100% LVR's before the end of the year? 496
129 Are non-banks a viable alternative to the majors? 414
130 Have you seen an increase in business as a result of lender discounts and incentives? 345
131 Do you use social media (eg: FmijobookTwitter) to market your business? 200
132 What impact has NCCP had on your business since Jan 1? 478
133 Will consumers be better off as a result of the govt. ban on exit fees? 716
134 Do you offer insurance products as part of your service offering? 256
135 Should the Govt. have injected more into RMBS? 123
136 Should the Govt. increase the FHOG to encourage the return of FHB's? 359
137 Which type of borrower do the banks most frequently reject: 500
138 Should smaller lenders be excluded from the ban on exit fees? 268
139 Will the broking industry struggle to attract new entrants? 358
140 Do you plan to make the transition from broker to financial planner in the future? 284
141 Should a university degree be the minimum qualification for mortgage broking? 614
142 Will the new financial year be: 281
143 Do you hold accreditation with all five major banks? 479
144 Should brokers accept a referral fee from developers? 455
145 Will non-bank products be easier to recommend without exit fees? 322
146 The most negative impact on business is: 404
147 The next move for the cash rate will be: 476
148 Has demand for specialist/non-conforming products over the last year: 233
149 Do you own investment property? 374
150 Should CHOICE be dabbling in mortgage broking? 614
151 Have you seen an increase in demand for fixed rate products? 298
152 Do you expect to see an upswing in investor business over the coming period? 304
153 Do you keep a referral register? 309
154 Is current lender competition boosting loan volumes? 211
155 Has the increased competition between lenders resulted in greater channel conflict? 312
156 Where is business currently most active: 149
157 How many support staff does your broking business have? 235
158 Have you written an SMSF loan? 274
159 Will the RBA cut rates on Melbourne Cup day? 437
160 Have you stopped writing low-doc loans because of NCCP? 326
161 Would you like to see more lenders distribute via brokers? 298
162 Is your 2012 business plan: 168
163 Do you expect your volumes to increase in 2012? 322
164 Will the RBA cut rates again next week? 501
165 Have you added a new revenue stream to your business this year? 211
166 Do you expect to write more business with non-major banks in 2012? 213
167 Should MFAA membership be compulsory for brokers? 1206
168 Would you like to see more foreign banks lending in Australia? 1156
169 The most active borrower segment this year will be: 297
170 Is the cash rate still the right benchmark for mortgage rates? 278
171 What would you switch aggregator for? 168
172 What will the RBA do with the cash rate next week? 418
173 Do you generate leads via your online presence? 300
174 Will the out of cycle rate hikes lead to an increase in refinancing? 421
175 Have you sold your aggregators home brand product? 252
176 How many products do you cross-sell? 170
177 Do you use social media to market your business? 210
178 Is June 30th too early to complete the MFAA diploma requirements? 405
179 Will the future of broking be fee for advice? 0
180 Does the future of broking lie in fee for service? 344
181 Who do you recommend non-bank products to? 372
182 Does the quality of BDM support influence which lender you plmijo your business with? 542
183 Do you have a succession plan/exit strategy in place? 190
184 What is your number one source of leads: 221
185 Are boutique aggregators a viable alternative to the majors? 311
186 Where will the cash rate be by end of 2012? 364
187 Is this financial year on course to be better than 2010/11? 262
188 Have you seen an upswing in demand for fixed rate products? 292
189 Will the RBA cut rates again next week? 337
190 How often do you write SMSF loans? 247
191 Do you own a tablet (iPad or android)? 389
192 What level of business support do you receive from your aggregator? 249
193 What impact has NCCP had on your business to date? 307
194 Do you plan on adding a new revenue stream to your business this financial year? 145
195 Will comprehensive credit reporting negatively impact the broker proposition? 234
196 Has licensing rid the industry of unprofessionalism? 322
197 When will we see the return of 100% LVR loans? 352
198 Do you expect to see a rise in investor business over the coming period? 197
199 Are you writing more business with non-major banks compared to last year? 162
200 Should new brokers be given 12 months to complete their diploma? 479
201 How often do you invest money in marketing your business? 155
202 Will the RBA cut rates next week? 347
203 Is it ethical for brokers to accept a fee from developers? 314
204 Is there enough margin in lending to increase commissions? 712
205 Will other lenders follow Macquarie and raise commissions? 1212
206 Is the lack of first year trail putting off new recruits to the industry? 297
207 Do you pay kick-backs to your referral partners? 319
208 Have you stopped writing low-doc loans because of NCCP? 490
209 Will the broking industry see further consolidation in 2013? 1186
210 How low will the cash rate go this cycle? 341
211 What is most important in a lender? 178
212 Will the majors' market share drop in 2013? 212
213 Will the transition to Mortgage Adviser be a positive for the industry? 215
214 Will we see a December rate cut? 283
215 Will you have a business plan ready for 2013? 186
216 Where will business be most active in 2013? 97
217 Will online channels erode broker market share? 282
218 Is CBA's Aussie acquisition positive for the broking industry? 415
219 Will the majors cut rates independently of the RBA this year? 226
220 Do you write loans with credit unions? 211
221 How frequently do you sell your aggregator's white label product? 164
222 Have you switched licencing options? 164
223 Have the industry associations lost their relevance? 188
224 Will we see home loan rates fall below 4% this year? 217
225 Are you seeing more demand for fixed rate products? 3540
226 Will the RBA cut rates on March 5th? 308
227 Are you planning on adding a new revenue stream to your business this year? 158
228 Is channel conflict still an issue? 129
229 What is the primary device you use with clients? 268
230 Will the major banks pass on rate cuts in full should the RBA drop rates this year? 141
231 Do you offer risk products as part of your service offering? 158
232 Do you consider yourself an 'adviser'? 160
233 Should brokers be accredited before providing SMSF services? 221
234 Where does your aggregator fall short? 119
235 Should brokers disclose if their aggregator/brokerage is owned by a bank? 239
236 Do you have a preferred lender? 199
237 Will ANZ's extra rate cut set a precedent? 199
238 How satisfied are you with your current professional referral relationships? 114
239 Will the RBA cut rates next week? 189
240 Will commissions increase in the next 12 months? 178
241 Should entry level brokers be paid a salary? 161
242 Should banks provide more business support to brokers? 141
243 Do you expect to see an upswing in activity after the election? 236
244 Do we need more product innovation from lenders? 75
245 Have fixed rates reached their bottom? 65
246 Does NCCP continue to have a negative impact on your business? 84
247 Do you pay any of your professional referral partners? 146
248 Are we at the bottom of the rate cycle? 30
249 Do you expect to see additional lender commission incentives? 21
250 Have you experienced discrepancies between lenders' servicing calculators and their credit assessors? 4
251 Who "owns" the client? 278
252 Will lenders raise fixed rates again before the end of the year? 81
253 Do you offer your clients insurance products as part of your presentation? 153
254 Should lenders do more to help new industry entrants? 114
255 Will your clients be able to contact you over the Christmas break? 128
256 Do you write loans through non-bank lenders? 138
257 Do you outsource any of your processes? 94
258 Are lenders right to claw back commissions? 235
259 Would you use a system which tracks consumers through social media to predict when they will sell? 1
260 What would you leave your current aggregator for? 43
261 What’s the most important part of a BDM’s role? 96
262 Is ASIC prejudiced against the third-party channel? 88
263 What do you think about lenders offering special rates to 'gold' brokers? 116
264 Would you consider offering reverse mortgages? 79
265 How will your business look in 12 months? 47
266 Which part of the commission structure would you most like to see changed? 122
267 Where should the next MFAA chief executive come from? 65
268 How do you feel about your association? 87
269 How do you feel about your current software platform? 64
270 Which lender offers the fairest commission structure? 84
271 How much stress do you feel in your job? 119
272 What’s the biggest issue for your under-35 clients? 95
273 Where will the official cash rate be at Christmas? 102
274 How well are the non-majors taking on the big four? 75
275 How much do your customers value branch networks? 86
276 How many lenders do you regularly recommend to your clients? 128
277 What should be the minimum education requirements to become a broker? 112
278 Which type of channel conflict most impacts your business? 71
279 Does your business do commercial lending? 51
280 What do you think about the valuations your clients receive? 76
281 Do you write SMSF loans? 76
282 Why don’t you write short-term loans? 84
283 How would your business be affected if SMSF lending was scrapped? 128
284 How do you expect your business to fare in 2015? 57
285 What do you think about online lenders? 76
286 Will the Reserve Bank reduce the cash rate again next month? 48
287 Which major bank gets most of your business? 75
288 What impact has the recent rate cut had on your business? 24
289 Which is more important to your clients? 43
290 What is the number one thing you look for in an aggregator? 41
291 How are you best growing your business into a tangible asset? 45
292 What social media platform do you prefer to use for your business? 55
293 Do you offer property advice to your clients? 71
294 Do you work with peer-to-peer lenders? 116
295 Where will the cash rate be at the end of the year? 517
296 Has your business encountered mortgage fraud in the last five years? 206
297 How do you identify yourself? 319
298 Will rate rises on investor loans curb demand? 315
299 Are you educating your clients about recent regulatory changes? 113
300 Which business model have you adopted? 63
301 Should there be more mandatory education and training for brokers? 87
302 What’s the best thing about being a member of industry associations such as the FBAA and MFAA? 53
303 What portion of your business goes to mutual lenders? 31
304 What proportion of your overall loan book is made up of personal loans? 71
305 Is offering holidays to customers an effective way for lenders to incentivise home loans? 101
306 Does the MFAA get the balance right between brokers and lenders? 108
307 Do you think broker franchises offer franchisees satisfactory commissions? 122
308 Do you have a succession plan? 75
309 What was the main reason you left your previous aggregator? 41
310 Which area of your business is most driven by technology? 126
311 What proportion of your loan book is commercial lending/SME finance? 100
312 What do you think of the MFAA's performance over the past year? 700
313 What do you think of the FBAA's performance over the last year? 972
314 Will the RBA cut rates again in 2017? 229
315 What sort of business do you write for the non-bank lenders? 82
316 Succession planning: how soon are you planning to retire? 104
317 Do you offer an insurance product to your mortgage clients? 69
318 Have you integrated financial planning into your offering? 84

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