Powered by MOMENTUM MEDIA
Broker Daily logo

Lender

Risks of tighter lending flagged by economists
6 December 2018
Money squeeze

Economists have issued a warning regarding the potential ramifications of stricter lending practices on the broader market.

New AMP CEO commences role
4 December 2018
New AMP CEO commences role

A new chief executive officer has stepped up to the helm of wealth giant AMP, stepping into the role that was temporarily filled by interim CEO Mike Wilkins.

Bank launches new loan agreement for parents
4 December 2018
mortgagebusiness

A mutual bank has launched a new shared equity agreement for parents acting as guarantor for their children, in a bid to address the “legal, financial and emotional challenges” of the ...

LATEST PODCAST: What the conclusion of the royal commission means for the mortgage sector
3 December 2018
Mortgage Business Uncut

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Royal commission round-up
3 December 2018
Royal commission round-up

With the financial services royal commission now having closed its seventh round of hearings, we take a look at some of the recent developments and next steps.

More lenders change broker commissions
3 December 2018
mortgagebusiness

As we enter the last month of the calendar year, more lenders have announced changes to broker commission off the back of the Combined Industry Forum recommendations.

Shareholders agree to lender acquisition
30 November 2018
Shareholders agree to lender acquisition

The result of a shareholder vote to determine the outcome of a $630 million takeover bid for a lender has been announced.

Commissioner criticises NPP shareholder model
30 November 2018
mortgagebusiness

A commissioner from the Productivity Commission has rebutted calls for new entrants to become stakeholders in the NPP, implying that it might not be effective in boosting competition.

Mortgage lending up 6.6% among mutuals
30 November 2018
mortgagebusiness

The underlying profits of Australia’s mutual banks, credit unions and building societies have increased as competition in the mortgage market intensifies.

Flat-fee broker remuneration a ‘credible alternative’: ANZ CEO
29 November 2018
Shayne Elliott

A flat fee paid by lenders to brokers is “worth looking at” and is “not an unreasonable proposition”, ANZ CEO Shayne Elliott has told the financial services royal commission.