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Survey confirms stamp duty relief is helping FHBs
A new survey of conveyancers confirms that stamp duty relief in NSW has resulted in a sharp increase in the number of people looking to purchase their first home.
BORROWER • Mon, 02 Oct 2017
Borrowers in the dark over rising rates
A mortgage market analyst has said that he is “astonished” that banks don’t tell borrowers how much their repayments will be if rates were to rise.
BORROWER • Thu, 28 Sep 2017
Broker demand soars amid credit crackdown
Demand for mortgage broker services has skyrocketed in the last 12 months, with over 80 per cent of property investors eager to secure funding through the third-party ...
BROKER • Wed, 27 Sep 2017
Mortgage veterans eye brokers following latest acquisition
Former Pepper Group CEO Patrick Tuttle said that the third-party channel will be integral to the growth strategy he has planned for the SME lender he acquired last week
BROKER • Wed, 27 Sep 2017
Non-major takes $500m in mortgages from big four
The CEO of a mutual lender has explained how mortgage brokers have helped the group win more than half a billion dollars in mortgages from the major banks over the last ...
LENDER • Tue, 26 Sep 2017
CBA introduces new IO process for brokers
The nation’s biggest bank has launched an interest-only simulator to help brokers show customers the differences between IO and P&I repayments.
BROKER • Mon, 25 Sep 2017
Virgin Money cuts variable rates
The non-major lender has reduced today a number of variable investment P&I rates for new mortgage applications.
GROWTH • Sun, 24 Sep 2017
Cynicism builds as governments fail SMEs
Business leaders are becoming increasingly cynical of governments at all levels as the bluster about supporting SMEs fails to translate into meaningful action.
GROWTH • Thu, 21 Sep 2017
APRA has ‘failed’ on competition: COBA
The prudential regulator has failed to give due consideration to competition in the banking industry, argues the Customer Owned Banking Association.
COMPLIANCE • Wed, 20 Sep 2017