If lenders opt to pay lower commissions, one major franchise could be heavily impacted due to its remuneration model
The major lender has chosen to once more accept refinancing applications for P&I loans following APRA’s tighter IO guidelines
The non-bank’s third transaction in the past 12 months correlates with a growing market presence for the firm
The second tier bank wants to become the intermediated bank of choice with brokers and financial advisers
At Australian Broker, we love a bit of healthy discussion. This week we look at some solutions to the issue of trail portability.
Aggregators who claim resistance towards broker trail portability sits with the lenders are simply 'passing the buck', says Connective director Glenn Lees.
A major bank has recorded half-year profits of over $4.27bn, while rebuking claims the bank receives an unfair advantage.
A recent entrant into the broker channel has today announced a 0.39% reduction on its 3-year fixed rate home loan.
An unexpected drop in the number of home loan approvals highlights the need for the RBA to remain on the interest rates sideline, according to 1300HomeLoan.
ASIC commission Greg Tanzer has defended the length of time taken to take enforcement action, while emphasising that jail sentences are not always the preferred option.