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Economy

Non-banks must unite, says Barnes' Rayner
23 February 2015
mortgagebusiness

Barnes Home Loans executive director Janelle Rayner has urged non-bank lenders to join forces to combat the strength of the big four.

Credit reporting takes effect
23 February 2015
mortgagebusiness

Lenders will soon be able to assess more of their clients’ credit history than previously, following last year’s changes to the Privacy Act.

Barnes brand to live on
20 February 2015
mortgagebusiness

Queensland mortgage manager Barnes Home Loans will not be rebranded following its acquisition by non-bank lender Homeloans Ltd.

Third party retains majority share of mortgage market
20 February 2015
mortgagebusiness

Research commissioned by the MFAA has revealed that mortgage brokers retained a majority share of the mortgage market in the December quarter.

Advisers write one in four new AMP home loans
20 February 2015
mortgagebusiness

AMP Bank has seen a significant increase in the use of AMP-aligned financial advisers as a distribution channel for the lender’s residential mortgages.

SME market gap an opportunity for brokers
20 February 2015
mortgagebusiness

Brokers are well placed to fill a critical gap in the growing SME space, according to a new study.

Big four ‘own’ 40 per cent of brokers
20 February 2015
mortgagebusiness

Australia’s mutual lenders have hinted at the need for a national mortgage broker register after estimating 40 per cent of loan writers are owned by the major banks.

SMEs in need of guidance: report
19 February 2015
mortgagebusiness

One-third of SMEs say they have “no ultimate plans” for their business, according to a new study.

Australian banking growth to slow
19 February 2015
mortgagebusiness

Morningstar analysts have flagged, as a “central theme”, slower growth in the Australian banking system over the coming years.

Major broker to use predictive analytics
19 February 2015
mortgagebusiness

A listed mortgage group has revealed plans to provide predictive and reactionary analytics as it transitions to the cloud.