James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media. He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser. He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group. James holds a BA (Hons) in English Literature and an MA in Journalism.
Non-bank launches loan tracking tool
One of Australia’s largest non-bank lenders has launched a new loan tracking app aimed at helping mortgage brokers monitor the status of loan applications.
LENDER • Thu, 27 Jul 2017
‘Disingenuous’: Former bank exec questions back book repricing
A former major bank executive says lifting rates for existing interest-only borrowers has little to do with the regulatory pressures the banks claim they are under.
LENDER • Tue, 25 Jul 2017
CommSec founder buys into HashChing, joins board
CommSec founder Paul Rickard has joined the advisory board of online mortgage marketplace HashChing and formed part of the group's $6 million capital raise.
BORROWER • Tue, 25 Jul 2017
Dalton says ‘flat fee’ model could hurt consumers
Mortgage industry figure Kym Dalton has outlined a number of issues with the proposed flat-fee broker remuneration model, arguing that it "could be opaque" and vary from ...
GROWTH • Mon, 24 Jul 2017
Bankwest to lift rates for existing borrowers
The major bank subsidiary has announced significant changes to its home loan rates as it looks to “balance the needs of customers, shareholders and regulators”.
BORROWER • Mon, 24 Jul 2017
Vow Financial reveals top performers
Major aggregator Vow Financial has crowned its leading commercial business writers, who explained how they have found success amid challenging market conditions.
GROWTH • Sun, 23 Jul 2017
Major aggregator sees 36% surge in settlements
One of Australia’s largest aggregation groups has seen its commercial lending settlements surge 36 per cent over the 2017 financial year.
AGGREGATOR • Fri, 21 Jul 2017
National vacancy rates on the increase
Led by a jump in Sydney, the overall number of national residential vacancies is 78,314 in June 2017, giving a national vacancy rate of 2.4 per cent, data released this ...
GROWTH • Wed, 19 Jul 2017
Mutuals welcome government announcement
COBA has praised the government on moving quickly to allow all credit unions and building societies to use the term ‘bank’.
COMPLIANCE • Wed, 19 Jul 2017