Join Alex Whitlock and Charbel Kadib as they delve into the economic impacts of the fear surrounding the coronavirus pandemic, how this instability is affecting the housing market, and staffing changes across some of the major banks. This week they discuss: - The RBA's fourth interest rate cut in less than a year - Changes to NAB's third-party team - ANZ's job cuts

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the MFAA's most recent broker market share statistics, APRA's January data on mortgage volume fluctuations, and predictions for the RBA's March meeting given the coronavirus pandemic. This week they discuss: - What's prompting a year-on-year drop in broker market share - Mortgage book growth for CBA and Bankwest - Changes to executive teams in the non-bank space

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into their key takeaways from ASIC's draft guidance around brokers' best interests duty compliance, CBA's new compassionate care product for owner-occupiers, and the half-year results from two major Australian brokerages. This week they discuss: - How the best interests duty will benefit the broker channel - Circumstances where brokers should be advising borrowers against taking out mortgages - A new major survey on Australia's lenders

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest movements surrounding the Connective-AFG merger and the competition regulator's thoughts on the matter, what results season is telling us about lending flows, and uncertainty around the impending best interests duty obligations on white label loans. This week they discuss: - Executive responses from Connective and AFG to the ACCC's concerns - How turnaround times are affecting the banks' mortgage volumes - The potential issues the Best Interests Duty Bill presents around white label

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into industry responses to the passing of the best interests duty legislation, revelations around pricing discrepancies for loyal borrowers, and issues with lenders not passing on rate cuts to their customers. This week they discuss: The clarifications still required around best interests duty implementation The risks of sticking with one's lender for too long Why the effect of the RBA's rate cuts are questionable

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the proposed laws to hold mortgage brokers to similar obligations as financial planners, changing sentiment regarding the impending first cash rate decision for 2020, and the non-major rollout of the First Home Loan Deposit Scheme. This week they discuss: Proposed reference check and breach reporting obligations for mortgage brokers Why stable interest rates increase consumer confidence The Better Business Summit kicking off in Adelaide

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the new government package of loans and grants for small businesses affected by bushfires, what is happening in the first home buyer space, and details about the upcoming Better Business Summit 2020. This week they discuss: Bushfire recovery grants and loans Why the number of new first home buyer loans has dropped The Broker Product of Choice: Non-Banks survey

Join Annie Kane and Charbel Kadib as they delve into the first two major appointment changes of the year, how industry scrutiny has prompted increased broker diversification into SME lending, and how the mortgage industry has come together to fundraise for those affected by Australia's ongoing bushfire crisis. This week they discuss: The resignation of MyState Group CEO Melos Sulicich Donelle Brooks' appointment as head of third party at Lend The Mortgage and Finance Industry Bushfire Relief appeal for the Red Cross

Join Annie Kane and deputy editor of SMSF Adviser Sarah Kendell as they delve into the impacts of the continuing bushfire crisis. In this episode, they provide updates on the current situation in Australia in relation to the loss of human lives, wildlife and property and the economic consequences. This week they discuss: How the government is responding on a state and federal level Several banks announcing bushfire relief and financial assistance packages Global fundraising efforts for victims, firefighters, support services and wildlife How you can donate: There have been many fundraisers and appeals set up by charities, organisations and individuals to help support victims of the bushfires and support those on the front line. Some of the major appeals include: Red Cross Salvation Army NSW Rural Fire Service QLD Fire and Rescue SA Country Fire Service VIC Country Fire Authority Tasmania Fire Service Western Australia WWF AFCA bushfire disaster support

Join Annie Kane and Charbel Kadib as they delve into the biggest themes and developments that impacted the home loan market in 2019. In this episode, they discuss the biggest news of the year - reviewing the banking royal commission and its recommendations, the general election, and the incoming best interests duty. This week they discuss: - The impacts of the banking royal commission - A new best interests duty - Changes at the banks

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Annie Kane and Momentum Intelligence's head of strategy, Michael Johnson, as they delve into a new broker survey initiative. In this episode, they discuss Momentum Intelligence's Broker Pulse survey, what it hopes to achieve, and some of its initial findings. This week they discuss: - What the Broker Pulse survey is - What brokers value from mortgage lenders - How the lenders have been evaluated so far

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they delve into ASIC's updated responsible lending guidance (RG 209), the issues with the government's First Home Loan Deposit Scheme lender panel, and new appointments at the banks. This week they discuss: - Why ASIC's RG 209 guidance has raised more questions from brokers - CBA joining the First Home Loan Deposit Scheme panel - Executive position changes within NAB and Suncorp

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode they reveal how banks are targeting first home buyers, discuss why some banks are lowering rates while others are raising them, and why Resimac are withdrawing externally funded products. This week they discuss: - Auction clearance rates remain strong in a more “optimistic” housing market - ANZ removes LMI for high earners - The Australian Business Securitisation Fund appoints first external investment manager

Mortgage Business Spotlight: Delving into all facets of the services and products available to mortgage brokers. Join Alex Whitlock for an in-depth analysis of the products, technology and services that are helping brokers deliver better outcomes to their clients with the Mortgage Business Spotlight podcast. In this episode, Alex is joined by the director of Marketplace.finance, Matthew Johnson, and the associate director of Secured Lending, Thomas Cranfield, to discuss how their products enable brokers to provide a more holistic, transparent and faster service to their clients. This week they discuss: The opportunity provided by Marketplace Finance for residential brokers to tap into the commercial landscape without needing to build their own capabilities The streamlined, non-bank commercial funding solution offered to brokers by Secured Lending The importance of strong partnerships with lenders of integrity in delivering the optimal client outcome

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss Westpac's senior leadership changes in the fallout of AUSTRAC's civil penalty orders, Westpac's contracting home loan volumes, and the tabling of the amended best interests duty legislation for mortgage brokers. This week they discuss: Former Westpac CEO Brian Hartzer's resignation Macquarie's growth in market share Calls for clarity around the best interests duty legislation Momentum Intelligence has launched the Consumer Access to Mortgages survey, which aims to understand the public's attitudes, perceptions and priorities in a bid to quantify the value of the third-party distribution channel to the Australian public. You can share the Consumer Access to Mortgages survey by downloading the relevant resources here. If you are interested in finding out more about the Broker Pulse initiative, you can find out more about the survey here.

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they delve into the anti-money laundering and anti-terrorism financing regulator AUSTRAC's civil penalty orders against Westpac, as well as the latest class actions against ANZ and Westpac in relation to the mis-selling of comprehensive credit insurance. This week they discuss... Westpac CEO Brian Hartzer's response to the allegations Whether ramifications for the alleged breaches are adequate Previous cases of banks mis-selling CCI

Join Alex Whitlock and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they explore the implications of a rapid rebound in the housing market, the future of Aussie Home Loans, and a neobank's official entry into the mortgage market. This week they discuss... The latest housing market data CBA's plans for Aussie Home Loans The launch of neobank 86400's home loan products

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they recap FBAA's Challenge the Future conference, how some banks are attempting to improve loan processing times, and the movement of non-bank lenders into the prime space. This week they discuss... ASIC's forthcoming best interests duty guidance Non-major lenders suspending pre-approvals CBA lowering their interest rate floor

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they examine how the financial climate has been impacting the big four lenders and their profits, what has been accounting for an increase in financial complaints and what we can expect from the RBA this week. This week they discuss... Westpac's annual report The Australian Financial Complaints Authority's first-year findings Predictions for RBA rate cuts

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the results of Momentum Intelligence's Aggregator of Choice survey, which evaluates broker satisfaction levels regarding aggregator groups. This week they discuss... The levels of broker satisfaction What brokers most value in an aggregator What is preventing brokers from switching groups

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, you’ll hear how the industry has responded to the ACCC’s inquiry into mortgage pricing and the proposed legislation around commission payment. This week they discuss… - Why the recommendation to introduce a Netherlands-style consumer-pays model in Australia may not be successful - The big banks’ response to criticism over their failure to pass on RBA rate cuts - How trail commission could be impacted by new legislation

Join Alex Whitlock and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the ACCC's mew mortgage pricing inquiry, product switching behaviour at home and abroad, and the recent pick-up in investor activity. This week they discuss... - The ACCC's new 'Home Loan Price Inquiry' - Product switching behaviour in Australia and abroad - The spike in investor lending activity

Join James Mitchell and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the implications of the Reserve Bank's latest cut to the cash rate on the mortgage market and the broader economy. They also explore... - The economic backdrop that prompted the Reserve Bank's latest rate cut - The mortgage market's response to the cut - Future monetary policy expectations

Join James Mitchell and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss Treasurer Josh Frydenberg's recent call for "common sense" in the lending space, the upturn in the housing market, and the potential introduction of new credit curbs. This week they discuss... - The context surrounding Treasurer Josh Frydenberg's recent plea to the lending industry - The likelihood of a 'v-shaped' recovery in the housing market - The potential introduction of new macro-prudential measures

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the costs of broking and the increasing administrative burden of the loan writing process, The Adviser EU Study Tour 2019 and the role of aggregators. This week they discuss... - The expenses debacle - What industry is discussing around broker commissions - The Aggregator of Choice survey for brokers  

Join Alex Whitlock and Annie Kane as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the launch of new banks and what it means for competition in the mortgage market, clearance rates and what's happening in the housing market and Momentum Intelligence's Aggregator of Choice survey. This week they discuss... - Pepper Money's launch into New Zealand - CUA's new CEO - The Aggregator of Choice survey for brokers

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the appointment of Suncorp's new group CEO and managing director, renewed calls for commission clawback reform, court cases impacting the lenders, and what the cash rate is expected to do in the near future. This week they discuss... - Who the new Suncorp CEO is - Why aggregators are calling for clawback reform - When the next cash rate cut is expected to come

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the draft legislation on a best interests duty for brokers, the findings of ASIC's shadow shopping exercise and Aussie's new consumer focused report to understand what 'best' really means. This week they discuss... - The draft best interests duty for brokers - What ASIC thinks of the mortgage shadow shop exercise - What consumers want in the mortgage process

In this episode, they discuss why we are seeing record-high auction figures, the increase in mortgages being written and changes around introducer fees. This week they discuss: - Release of IFAA figures - Consumer Access to Mortgages report - Best interests duty and what it involves

In this episode, they discuss the mergers and acquisitions that have been filtering through the mortgage broking space and what it means for the industry. From AFG and Connective's merger to REA Group's ownership of Smartline and a potential buyback from John Symond, the past week has seen some major structural changes in the channel. This week they discuss: - Demand on aggregators for more transparency  - Opportunities for boutique and sub aggregators  - Westpac vs ASIC federal court ruling 

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss whether the touted recovery in the housing market has been reflected in the financial results of major lenders. This week they discuss: - Mortgage approval trends - New appointments - Announcement of a new partnership in the white label space

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the stabilisation of the property market off the back of recent rate cuts and serviceability changes, housing market predictions, and the current state of the lending landscape.  This week they discuss: -  APRA’s latest monthly banking stats - How the banks are implementing royal commission recommendations - Women in Finance Awards 2019

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market With rates at an all-time low they discuss how the market is reacting, further changes on serviceability floor changes, what has been happening in the events calendar and the continuing fall out on the back of the royal commission.  This week they discuss - Launch of the business funding guide - Women in finance awards - APRA’s banking remuneration changes for executives

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the appointment of a new CEO for NAB, the findings of the APRA Capability Review and how the lenders have been enacting serviceability floor changes. This week they discuss: - The launch of a brand new bank - The new buffers and floors being rolled out - Connective Home Loans' new white label portfolio

In this week’s episode, Annie and Charbel discuss the changing mortgage serviceability levels from lenders, why ASIC is slamming Consumer Credit Insurance, and how the housing market is performing. This week, they discuss: - How the housing market is performing - ASIC’s shift in becoming a stronger regulator  - The new 'common approach' to assessing co-borrower financial abuse

Join Alex Whitlock, Annie Kane and Charbel Kadib as they as they delve into the latest themes and developments in the home loan market. In this week’s episode they discuss APRA's changes to home loan serviceability assessments, the RBA’s decision to cut rates to an all-time low of 1 per cent, and what the market thinks of the reforms to the responsible lending guidelines. This week, they discuss - The RBA’s decision to drop the cash rate for the second month in a row - What the serviceability and responsible lending changes are - The Australian Broking Awards 2019

Join Annie Kane & Charbel Kadib as they kick off the new financial year and discuss the new Code of Practice comes into effect In this episode, they discuss the introduction of the new Banking Code of Practice and the issues it has raised in the broking industry, the updated Pensioner Loan Scheme and changes in the housing market. This week, they discuss - The new Banking Code of Practice - APRA’s monthly banking stats - New lenders entering the Australian market      

  Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the strength of the broker channel, Westpac's serviceability decision (and reversal of that decision) and predictions of a triple cash rate cut. - The possibility of further cash rate cuts - Westpac's serviceability decision - Facebook's announcement of its own currency, Libra

In this episode they discuss the lenders that have announced they will be passing on the full RBA cash rate drop, the effects these cuts have on savers and the speculation around the first home deposit scheme. This week, they discuss: - Changes at mortgage marketplace HashChing - Structural changs at AFG on the back of the royal commission - Mortgage industry recognition during the Queens honours birthday list

Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the RBA's decision to move the official cash rate to a new record-low level of 1.25 per cent, the effect the drop will have on savings rates, and which lenders have passed on the full reduction to borrowers. This week, they discuss -The impact of the rate cut and what it means for the Australian economy - Why ANZ is defending its decision not to cut rates by the full amount - Why some lenders are hitting back at a new bank levy

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss drops in fixed rates ahead of the official cash rate decision tomorrow, the factors that may impact the RBA's decision, the state of the property market, and appointment changes in the banking sector. This week they discuss... - New appointments at the banks and associations - A contraction in a major bank's mortgage portfolio - A merger between two small lenders

Join Alex Whitlock and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they talk about the changes all around, with the CEO of a major financial services group stepping down, APRA looking to revise its mortgage lending guidance, an RBA rate cut looking imminent and a new cabinet in Parliament. This week they discuss... - What the new cabinet structure means for the mortgage sector - When the property market is predicted to bottom out - The New Broker Academy 2019 Brisbane event taking place tomorrow

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the federal election outcome and what it means for the mortgage and property sectors moving forward, YBR’s strategy update, and what the regulators are up to. This week they discuss... - Updates on the brokers who ran for local seats in Parliament - Updates on the brokers who ran for local seats in Parliament - YBR disposing its wealth business• The ASIC Forum 2019

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the newly announced First Home Loan Deposit Scheme, a drop in fixed rates across some of the major lenders and the ongoing support for the current broker remuneration structure. This week they discuss... - More mortgage brokers run for seats in government - What the upcoming election will mean for first home buyers - An update on the trail commission debate

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the financial results of the major banks and the strong performance of the third-party channel and tomorrow's cash rate decision. This week they discuss... - How the major banks' profits are falling, and what is causing it - What economists are expecting to happen to the cash rate in May - Why mortgage brokers are running for Parliament

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. In this bonus episode, host Annie Kane is joined by leading Australian economist Christopher Joye, to discuss whether the Reserve Bank will drop the official cash rate to a new record low on Tuesday and what that would mean for mortgages. But, as Annie and Christopher explain, the cash rate is not the only lever that the RBA and the regulators could pull to ensure mortgages remain affordable. This week they discuss... - The reasons for and against the RBA cutting the rate on Tuesday - The likelihood of lenders passing on any rate reduction to borrowers - What the economy could look like under a Liberal or Labor government

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market. Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss the likelihood of a rate cut as early as next week. This week they discuss... - Banks and lenders continue to cut interest rates - More funding for the Australian Business Growth Fund - Judo Capital now Judo Bank after being granted SME banking licence

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.   Join Alex Whitlock, Annie Kane, Charbel Kadib as they delve into the latest themes and developments in the home loan market.   In this episode, they are joined by Momentum Intelligence’s Michael Johnson to discuss the findings and research involved in the Third-Party Lending Report.   This week they discuss...   - The strength of non-major banks  - How the majors compare to the other lenders - The comparison with AFG’s Mortgage Index