William Farrington

1 week ago | mpamag.com | William Farrington

'It’s incredibly rewarding to help brokers grow their business' By 20 Jun 2025 Name: Geoff Murphy Job title: Senior Manager – Client Partnerships RECF Years in the industry: 20+ Company: La Trobe Financial Location: Melbourne, Victoria MPA’s long-running ‘BDM in the Spotlight’ series casts a light on the top business development managers and state managers in the mortgage finance industry.

1 week ago | mpamag.com | William Farrington

CBA's Matt Comyn is right to worry about banker brain drain By 19 Jun 2025 Matt Comyn (pictured below), chief executive of Australia’s largest financial institution Commonwealth Bank, has never shied away from expressing his thoughts on mortgage broker remuneration. As revealed during the 2018 Royal Commission, Comyn once harboured a desire to end broker commissions and shift to a fee-for-service model, while hoping for regulatory change over trail commissions.

1 week ago | mpamag.com | William Farrington

Labour market 'appears to be tracking a little better than the RBA expected' By 19 Jun 2025 Australia’s job market stood its ground in May, with the seasonally adjusted unemployment rate staying at 4.1% for the third consecutive month, matching market expectations. While the number of unemployed people edged lower by 2,600 to 618,300, this stability masked some underlying shifts: those seeking full-time work fell notably, while part-time jobseekers rose.

1 week ago | mpamag.com | William Farrington

Why brokers must work together and forge strong referral networks to stand a chance By 19 Jun 2025 Five months into its merger with Lydian Finance, Victoria-based independent brokerage Clark Finance Group is brimming with optimism. Following the mutually beneficial combination, volumes are on the rise and Clark Finance has seen a steady stream of new business coming via Lydian’s network of financial planners.

1 week ago | mpamag.com | William Farrington

Projects being killed off due to funding shortfalls By 17 Jun 2025 It’s a tough market out there for property developers, with input costs remaining prohibitively high and labour shortages adding more obstacles to breaking soil. And while most brokers are telling MPA that credit appetite among the lenders is healthy, they are warning that lowball valuations from the major valuation firms are stopping projects dead in the water.