Econ-Finance Pty Ltd

Broker clients overwhelmingly getting a better deal: Assistant Treasurer Stephen Jones MP, the Assistant Treasurer and Financial Services Minister has flagged that broker clients are ‘finding a better deal’ than they would be able to find on their own.

we are hiring!

Mortgage Broker's Assistant, Compliance Admin Assistant and Loan Processor Job in Sydney Experience working in a Mortgage Broking business or Bank is ESSENTIAL. Please DO NOT apply if you haven't worked for a mortgage broker or a Bank before. Experience with compliance and Broker Regulations is HIGHLY desirable Experience using 'MyCRM' software is also helpful.

We are looking for an experienced Customer Services Manager to help manage our existing and new clients. Job includes making outbound calls to new and existing clients to identify client needs and convert them to sales. Develop client relationships and drive sales growth by having deeper knowledge of clients financial and personal situation.

Responsibilities -
Contact customers and complete fact find and needs analysis.
Use fact find to refer to various business units to complete client needs.
Manage client database.
Update social media.
Follow up action items with various advisors.
Grow relationship with current and new referral partners.

Skills -
Polished phone and meeting manner.
Degree qualified or at least 3 years’ experience.
Advanced Microsoft office.
Experience with data base management (salesforce)

Commissions ban 'absolute rubbish': Medcraft The former ASIC chairman has described the call for broker commissioners to be banned as "absolute rubbish" and says giving more work to courts could backfire as they work too slowly.

The federal budget tonight was measured, fair and responsible. Frydenberg could have gone crazy and promised the world to win votes..... but didn’t. This shows a government that has put the future of our country ahead of vote buying. I wish them the best in the upcoming election.

Keep competition alive Sign our online petition.

We are starting to see common sense with both sides of politics taking a long hard look and the Hayne (commonwealth Bank) recommendations for a consumer pay model for mortgage broker payments. CBA’s CEO suggest we adopt the Netherlands model! Look at the difference in geographic size between Australia and Netherlands. Tell me who will support regional and rural Aussies? Who will service smaller cheaper metro suburbs? Without broker introduced competition service will suffer and cost will go up.

As a broker, I believe in my heart that the Royal Commission into "Banking Misconduct" was a stitch up of brokers. Hayne was used as a puppet for the banks to exterminate brokers from the Australian Mortgage Landscape. The losers will be the 75,000 people who work directly in this vibrant industry, the 17,000 small businesses and ultimately the consumer. The consumer will lose choice and by the attrition/ consolidation of lenders pay more as competition evaporates.

Note form one of my great and loyal clients

On mortgage brokers: the Royal Commission has this wrong The Royal Commission has been a ripper but its plans for mortgage brokers is simply crazy and I hope Bill Shorten can see this.

Banking royal commission: Kenneth Hayne adds mortgage brokers to hit list The former High Court judge Kenneth Hayne has stamped his authority on the royal commission by asking the government to expand the terms of reference.