• 19/03/2024

Category: Commissions

Turmoil in Interest Rates can be Good for You

Turmoil in Interest Rates can be Good for You

Turmoil in interest rates great for mortgage brokers to grow their businesses

How To Kick-Start A Mortgage Broking Career

How To Kick-Start A Mortgage Broking Career

Are you looking to own your own business with a great income?  Then come and meet us at our office for a mortgage broking industry seminar on Wednesday 12th April 2023 at 6pm in North Sydney. How To…

New MFAA CEO seeks greater broker market share

New MFAA CEO seeks greater broker market share

Jayden Fennell| Australian Broker] 13 September 2022 New MFAA CEO seeks greater broker market share (brokernews.com.au) The new CEO of the MFAA says she is well aware of the challenges that brokers face, including channel…

Brokers continue to dazzle

Brokers continue to dazzle

Madison Utley| Australian Broker| 11 November 2019 https://www.brokernews.com.au/news/breaking-news/brokers-continue-to-dazzle-268027.aspx In its first year of operation, just 0.35% of the complaints lodged with the Australian Financial Complaints Authority (AFCA) were related to mortgage brokers. From 1 Nov…

Developers offer advisers $90,000 to flog high-rise apartments

Developers offer advisers $90,000 to flog high-rise apartments

Duncan Hughes| Australian Financial Review| 14 August 2019 https://www.afr.com/companies/financial-services/developers-offer-advisers-90-000-to-flog-high-rise-apartments-20190813-p52gk1 Commission payments of between $30,000 and $90,000 – plus extra incentives for multiple sales – are being offered by developers to buyers’ and real estate agents,…

Mortgage brokers record highest ever market share amidst tough market conditions

Mortgage brokers record highest ever market share amidst tough market conditions

MFAA | 19 June 2019 https://www.mfaa.com.au/news/mortgage-brokers-record-highest-ever-market-share-amidst-tough-market-conditions The mortgage broker channel has recorded its highest ever residential home loan market share result with brokers settling 59.7 per cent of all residential home loans during the January…

Open banking regime commences

Open banking regime commences

Mortgage Business | 2 July 2019 https://www.mortgagebusiness.com.au/breaking-news/13565-open-banking-regime-commences The financial services sector has officially ushered in the first phase of the new open banking regime. The 2019-20 financial year has kicked off with the launch of…

Mortgage Brokers to get 75% of market

Mortgage Brokers to get 75% of market

Mortgage brokers now arrange more loans than lenders do directly. 59.7 per cent of home loans are now arranged by mortgage brokers rather than by someone applying directly through their bank, according to Corelogic research.…

Labor to end negative gearing concessions for new investors on January 1

Labor to end negative gearing concessions for new investors on January 1

Henry Belot| The New Daily| 29 March 2019 https://thenewdaily.com.au/news/national/2019/03/29/labor-negative-gearing-concessions/ A Labor government would scrap negative gearing concessions for new investors on January 1 next year, earlier than many analysts and commentators predicted. Shadow Treasurer Chris…

ANZ and NAB bosses say banks are still ‘ready to lend’ amid responsible lending clampdown

ANZ and NAB bosses say banks are still ‘ready to lend’ amid responsible lending clampdown

Stephanie Chalmers| ABC Online| 27 March 2019 https://www.abc.net.au/news/2019-03-27/anz-and-nab-bosses-face-parliamentary-grilling/10943760?section=business The bosses of ANZ and NAB have told a parliamentary hearing their banks are willing to lend, amid a greater focus on responsible lending in the wake…

Accredited Broker