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ASIC gives broker nine-year ban
by Staff Reporter • 3 Sep 2014
ASIC announced today that it has banned a Gold Coast broker for providing lenders with false or misleading... READ MORE
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Companies face $7.7m fines in ‘landmark’ NCCP prosecution
by Nick Bendel • 3 Sep 2014
Two companies could each be penalised $7.7 million after the Federal Court found them guilty of breaching their... READ MORE
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50pc jump in brokers profiting through social media
by Nick Bendel • 3 Sep 2014
One expert has issued a warning about shunning social media as new research confirmed it is generating increasing... READ MORE
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AFG first home buyer numbers fall to 2010 levels
by Nick Bendel • 3 Sep 2014
AFG has reported a sharp slowing of mortgage growth and a big drop in first home buyer numbers. READ MORE
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Australians can now check credit scores online
by Staff Reporter • 3 Sep 2014
Borrowers can now “push for a better deal” thanks to a new website that will let Australians check their credit... READ MORE
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Another housing record gets broken
by Staff Reporter • 3 Sep 2014
New home building approvals have reached their highest level since records began in 1984. READ MORE
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Reserve Bank leaves cash rate at 2.5pc
by Nick Bendel • 2 Sep 2014
The Reserve Bank has backed up the prediction of most economists by leaving the official cash rate at a record-low 2.5... READ MORE
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Yellow Brick Road forecasts first profit in group history
by Nick Bendel • 2 Sep 2014
Yellow Brick Road has forecast that it will finally post a profit in 2014/2015, following $29 million of losses over... READ MORE
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Brokers bank on low rates but warn clients to be prepared
by Nick Bendel • 2 Sep 2014
Brokers have backed the consensus view among economists that the official cash rate will remain at 2.5 per cent in... READ MORE
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LMI makes sense, say prominent brokers
by Nick Bendel • 2 Sep 2014
Prominent brokers have endorsed LMI as part of a Genworth campaign to promote mortgage insurance. READ MORE
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Prices skyrocket in big cities, crawl in smaller capitals
by Nick Bendel • 2 Sep 2014
Sydney and Melbourne property prices have increased by about 50 per cent since 2009, while Hobart prices have actually... READ MORE
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Lenders offer no-LMI loans up to 85pc LVR
by Staff Reporter • 2 Sep 2014
MyState and The Rock will no longer require mortgage insurance for loans up to 85 per cent LVR. READ MORE
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MFAA and smaller banks take aim at big four
by Nick Bendel • 1 Sep 2014
The MFAA has been joined by 100 banks in warning the federal government that the big four have too much market power. READ MORE
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Tech is key to client happiness: Best Customer Service winner
by Nick Bendel • 1 Sep 2014
The brokerage judged to have Australia’s best customer service has said it keeps clients happy by using technology to... READ MORE
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Teachers Mutual Bank targets Tasmania
by Nick Bendel • 1 Sep 2014
Teachers Mutual Bank has revealed plans to greatly expand its third-party business in Tasmania, which it sees as a... READ MORE
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Big four post steady growth but smaller banks lead the way
by Nick Bendel • 1 Sep 2014
Australia’s big four banks have recorded steady – and remarkably similar – growth in their loan books during the... READ MORE
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Good news and bad news for home sales
by Staff Reporter • 1 Sep 2014
New home sales are likely to decline this financial year but will still remain “historically elevated”, the Housing... READ MORE
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Best Ethical/ Social Responsibility Program: Loan Market
by Reporter • 29 Aug 2014
Australian Broking Awards 2014 READ MORE
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Credit fraud responsibility ‘ultimately falls with the lender’
by Nick Bendel • 29 Aug 2014
Brokers have a role to play in combating industry fraud, but banks must bear the ultimate responsibility, according to... READ MORE
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AMP Bank increases commissions by 20 points
by Nick Bendel • 29 Aug 2014
AMP Bank has offered brokers a temporary commission bonus to help attract customers “that may not have considered AMP... READ MORE
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Firstfolio posts $4.1m loss but underlying profit
by Nick Bendel • 29 Aug 2014
Firstfolio has said it ended the financial year in a “much stronger position” despite moving from profit to loss. READ MORE
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Profitable lender promises better back-end support
by Nick Bendel • 29 Aug 2014
Wide Bay Australia has promised brokers will get new loan consultants and better technology, after delivering strong... READ MORE
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Think twice before increasing mortgage competition: Reserve Bank
by Nick Bendel • 29 Aug 2014
Increased mortgage competition might actually harm borrowers in the long run, according to the Reserve Bank of... READ MORE
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Heritage Bank cuts rates to 3.99pc
by Staff Reporter • 28 Aug 2014
Heritage Bank has unveiled a one-year fixed rate of 3.99 per cent, which is the lowest rate of any kind in its 139-year... READ MORE
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ME Bank unveils its lowest-ever three-year rate
by Nick Bendel • 28 Aug 2014
ME Bank has cut its three-year fixed standard home loan rate from 4.69 to 4.59 per cent. READ MORE