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Broker clients shun majors as ‘anti-bank’ sentiment grows
An increasing number of Australians are telling brokers they do not want a home loan with a big four bank, a new report has found.
BROKER • Thu, 08 Jun 2017
Aussies blame foreigners for surging property prices: report
Almost 60 per cent of Australians believe foreign investor activity is responsible for booming property prices, with older Australians feeling strongest about the issue
AGGREGATOR • Thu, 08 Jun 2017
Non-bank boss urges brokers to ‘reinvent’ themselves
The head of one of Australia’s largest non-bank lenders says there is a “revolution going on” in mortgage broking right now and that industry players must adapt and keep ...
BROKER • Tue, 06 Jun 2017
ASIC slammed for ‘persecuting’ brokers over customer fraud
A financial services lawyer has criticised the corporate regulator for persecuting brokers and believes more should be done to help them detect fraudulent mortgage ...
BROKER • Mon, 05 Jun 2017
Heritage launches fund for police officer killed on duty
Heritage Bank has established a fund to accept donations from the public to support the family of Senior Constable Brett Forte, tragically killed in the line of duty in ...
LENDER • Mon, 05 Jun 2017
Sydney broker's unique remuneration model
A Sydney-based broker has revealed why he pays his staff a salary and how he has managed to reduce the group’s reliance on lender commissions by 50 per cent in six years
BROKER • Sun, 04 Jun 2017
Bank hits borrowers with 0.76% rate hike
A major bank subsidiary has increased the variable interest rate on owner-occupier home loans by 76 basis points.
BORROWER • Sun, 04 Jun 2017
Foreigners to pay for FHB tax breaks
The state government has announced a raft of measures to improve housing affordability including scrapping stamp duty for first home buyers and taxing foreign investors
BORROWER • Sun, 04 Jun 2017
Bank CEO warns against ‘white anting’ brokers
The chief executive of an Australian bank has spoken out about channel conflict in the mortgage industry and says a customer’s decision to use a broker must be respected
BROKER • Wed, 31 May 2017