AFG news

  • Major banks claw back market share by Julia Corderoy

    Major bank market share of fixed rate mortgages has surged, now comprising over three quarters of AFG’s fixed rate market share

  • MFAA urging brokers to get in front of local MPs by Julia Corderoy

    The MFAA is urging brokers to connect with their local politicians in light of ASIC’s remuneration review

  • Industry unites to tackle remuneration review concerns by

    AFG took its national Masterclass series industry-wide to discuss the mortgage broker remuneration review currently being undertaken by ASIC. Brokers were invited to discuss the concerns and opportunities of the review with an expert industry panel featuring both the MFAA and FBAA alongside AFG executives.

  • Weekend wrap: New data dismisses age-old commission conflict by AB

    AFG released extensive data proving broker commissions are not a form of conflicted remuneration; the FBAA is reassuring brokers after ASIC revealed it will be calling on brokers to provide data; and ME Bank announced new foreign investment restrictions

  • Brokers to be summoned by ASIC by Julia Corderoy

    ASIC has revealed it will be serving notices to brokers to provide data, as a part of its fact find for the mortgage broker remuneration review

  • AFG shuts down commission fears by Julia Corderoy

    AFG has revealed extensive data to ASIC and brokers that shut down claims mortgage broker commissions are a form of conflicted remuneration