Finance & Coffee Talk with Dien Finance and Coffee

Each week, we drop a video inside the group where you get to learn something new about a product or service out there that may be of benefit for you or your clients.

We make it fun by incorporating these sessions in a monthly quiz where you can win $1000 gift voucher from us? - All you got to do is take part in a monthly Quiz and get the highest score. Which means you can do it as many times as you like.

This episode deals with outsourcing your back office. With the high court case in NSW regarding payroll tax in the headlines, it's probably a great idea to check whats out there.



New kid on the block - REMOTE BROKER SOLUTIONS - chats with us in this episode. Whilst new, David Browne has been in the industry as a broker for many years. So to say he knows your pain points is not an exaggeration.



So grab a cuppa and have a listen

In our conversation with Steve Matsoukas, a Legend in the Finance Industry, we delve into his remarkable journey. After running a successful food business alongside his brother for 16 years, Steve decided that the cold working environment was enough, so he decided to transitioned into the broker industry. His initial foray in 2002 with Aussie as a salaried broker laid the foundation, but it was after venturing out independently post his entrepreneurial success that he truly made his mark. Steve's narrative stands out not just for the strategic processes he implemented to expand his team, leveraging technology significantly, but also for his strategic alliances with major players in the construction industry.

Navigating the complexities of construction loans, which inherently pose challenges with extended settlement lead times compared to typical refinances or purchases, Steve's expertise shines. In the current business landscape marked by firms facing adversity, we inquired about Steve's concerns and his outlook on the future. Tune in to discover his insights and perspectives on these pressing matters.

In this podcast, I interview Ronald Pringle and Arun Gupta from Gateway Bank about their Green Pocket and Planet initiative and their commercial lending offering. Gateway Bank was the one of the first to offer a green home loan program in Australia, which rewards customers for investing in environmentally friendly, energy efficient housing. With the cost of utilities across the country jumping by 30% in recent months, a green home loan could save customers a significant amount of money on their running costs. Gateway Bank also offers a green loan program for commercial properties, helping businesses to finance the purchase or renovation of commercial properties with a loan that rewards them for their environmental commitment. If you are new to commercial lending, Ronald Pringle and Gateway Bank can help you through the process. We often think that commercial lending is different in that it is difficult, so why not chat to a bank that will guide you through the process rather than ask you to take a back seat?

 

In this episode of the podcast, Peter White from the FBAA discusses the organization's recent milestones, including their 30th anniversary and reaching over 11,000 members. They also discuss the CBA's recent change in clawback policy and whether other lenders will follow suit. Finally, they talk about the FBAA's involvement in International Broker Forum, which will be held in Las Vegas for the first time this year. Lets also not forget their own annual National Conference on the GC at the end of the year! Hope to see you there!

Here are some of the key points from the podcast:


The FBAA is celebrating its 30th anniversary.
The organization has grown significantly in recent years, reaching 11,000 members.
The CBA recently changed its clawback policy, which could have implications for brokers.
The first International Broker Forum in Las Vegas this year.
The FBAA's national conference will be held in November.

In this episode, we sat down with Abraham Mathew from Suncorp Bank to discuss their image turnaround with F&C Members.

In the past, Suncorp Bank had a reputation for slow turnaround times. This lead to frustrations and a few memes on here.

However, that has changed recently. Thanks to their new Suncorp Bank Sunlight offering, applications are now processed "at lightning speed" - if they fit the mould.

Quick turnaround times make brokers look great in the eyes of their clients, and it has also helped Suncorp Bank to attract new business and fans on F&C.

In addition to their fast turnaround times, Suncorp Bank has also implemented an Instant Pricing Tool and a new digital verification of identity process called SunVerify. This process ensures that your clients can verify their identity super fast.

Key Points:


Suncorp Bank has a new Suncorp Bank Sunlight offering that makes applications process much faster.
Suncorp Bank has also implemented a new digital identification tool called SunVerify, ensuring a smooth verification process.
Suncorp Bank’s new Instant Pricing Tool is the fastest way to find the best discretionary price for personal new lending – in matter of seconds.

Speak to your Suncorp BDM to make sure its the business they want (Payg and Simple SE) to ensure a timely turnaround time for assessment.


Have you jumped on the Suncorp train yet?

In today's episode, we had the privilege of sitting down with the CEO of the Mortgage & Finance Association of Australia (MFAA), Anja Pannek. With her unique insights, Anja shared her observations on the industry and the association since taking the seat as CEO nine months ago.

We began by discussing the transformative power of Anja's role as CEO and the valuable observations she has made within the industry. From emerging trends to shifting dynamics, Anja provided a captivating overview of the ever-evolving landscape that brokers navigate daily.

Moving forward, we delved into the key challenges faced by brokers in the current climate and the proactive measures undertaken by the MFAA. Anja shed light on the association's relentless commitment to addressing these challenges head-on, ensuring that brokers are equipped with the necessary tools, resources, and support to thrive in their profession.

One notable aspect of the MFAA's work is its active engagement with the government. Anja provided a comprehensive update on the pressing issues the association is tackling in collaboration with policymakers. By fostering strong relationships and advocating for the interests of brokers, the MFAA plays a pivotal role in shaping policies that impact the industry as a whole.

To conclude the conversation, Anja shared her insights on the top three priorities brokers should focus on at present. Her expertise and strategic vision highlighted the critical areas where brokers can maximize their effectiveness and capitalize on emerging opportunities, ensuring their continued success in a dynamic and competitive market.

Prepare to be inspired and gain a wealth of knowledge as we delve into the fascinating world of mortgage and finance with the remarkable Anja Pannek, CEO of the MFAA. Let's dive into this captivating conversation and uncover the invaluable wisdom she imparts.