Aussie news

  • Genworth to offload LMI stake by Adam Smith

    Genworth's US-based parent company will sell a large minority stake of the Australian mortgage insurer to offset financial losses

  • Times see brokers band, brand together by Adam Smith

    Loose business affiliations among broker businesses are signs of a growing shift toward branding, according to Connective's Glenn Lees

  • Broker productivity cause for concern by Adam Smith

    The mortgage broking industry must become more productive if brokers are to see sustainable returns, Aussie chief financial officer John McDonald has claimed

  • RBA hawkishness has put off consumers: Symond by Adam Smith

    The RBA's hawkish stance has put off consumers for much of the year, Aussie's John Symond has stated

  • Brokers: Rate speculation "fuelled by media" by BN

    Brokers reacted to yesterday's bank interest rate rises and stronger than expected employment figures with cautious optimism. There was anger, however, at the role the mainstream media had played in stirring up public concern.

  • MFAA president: Further cuts "inappropriate" by

    President of the MFAA, James Symond, has warned the banks that any further changes to commissions would be inappropriate and could kill off the industry.