Broker News
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CIF developing ID code for all industry participantsUnique identifier to be given to “every participant across the entire value chain,” including bankers, aggregators and brokers
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RBA accepts banks’ pass through of rate cutsMinutes provide insight into central bank’s August decision and its plan for the cash rate moving forward
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Government releases “ambitious” legislative timelineBest interest duty coming in next six months, with all royal commission recommendations implemented before end of 2020
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Auction clearance rate reaches two-year highStrong results in Sydney and Melbourne help market pass notable benchmark
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Taxes and regulatory costs driving mortgages upEconomist calls for reform after research shows 10% of all government revenue is raised from taxes on housing
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Lender launches offer for Aussie expatsLimited time rate reductions of up to 70bps a response to widespread turmoil happening abroad
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ASIC v Westpac: why it mattersFinancial services lawyer unpacks the “broad, everyday applications” of the regulator’s court loss
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Major expects turnaround in home lendingBank’s Q3 figures yet to reflect new measures taken to stimulate its residential business
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Westpac revamps loan policiesBank institutes range of consumer credit changes following its responsible lending win in court earlier this week
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Young adults fear home ownership is out of reachBrokers encouraged to communicate options available to the discouraged segment of Aussie population
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Non-bank offers limited time discountsPromotion on selected home loan products scheduled to go live next week on 19 August
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New legislation an opportunity for brokersRule change marks “the end of an era,” leaving many businesses in need of securing alternative financing
Top News
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First-time buyer numbers rise: UK FinanceFirst-time buyer numbers were up in London, Scotland, Northern Ireland and Wales during the second quarter, the latest figures from UK Finance...
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Matt Lowndes joins MABMatt Lowndes will join the Mortgage Advice Bureau after leaving Coreco this July . Lowndes has over 20 years’ experience in the financial...
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Trump postpones meeting with Denmark's prime minister because 'she would have no interest in discussing the purchase of Greenland''The Prime Minister was able to save a great deal of expense and effort for both the United States and Denmark by being so direct'
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Vaping Raises Heart and Lung ConcernsThe small study of healthy young adults discovered that even e-cigarettes without nicotine caused a short-lived drop in blood vessel function.
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It Takes Years for Heart to Recover from SmokingExperts have long thought that an ex-smoker's risk of heart attack, stroke, heart failure or death from heart disease returns to normal within five...
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State's Legal Moves Cause Mixed Messages on Toxic AirIn recent weeks, state officials have been moving swiftly to make legal agreements with Sterigenics that, in some cases, have bypassed public input.
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Tipton & Coseley launches two later life productsTipton & Coseley Building Society has announced the launch of two later life lending mortgage products. The offerings are a 75 per cent...
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RBA accepts banks’ pass through of rate cutsMinutes provide insight into central bank’s August decision and its plan for the cash rate moving forward
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CIF developing ID code for all industry participantsUnique identifier to be given to “every participant across the entire value chain,” including bankers, aggregators and brokers
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Comment: Blockchain and the mortgage industryThe blockchain concept was originally developed as an efficient and secure way to manage and register transactions made with cryptocurrencies...
