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Brokers warned about app scams
Potential web innovators are being warned about the dangers of being “done over” by app developers claiming to be based in Australia but are actually producing apps for a ...
BROKER • Mon, 04 Jun 2018
‘It’s time for greater clarity around broker obligations’
The head of a major mortgage brokerage says that the industry is selling itself short by adhering to “odd” and outdated credit laws.
BROKER • Sun, 03 Jun 2018
Analysis: How big are the non-bank lenders?
With limited information available about the size and market share of Australia’s non-ADI mortgage sector, The Adviser did some digging to identify some interesting ...
LENDER • Thu, 31 May 2018
Tic:Toc boss calls out HEM issues and ‘questionable’ third parties
The CEO of online mortgage lender Tic:Toc Home Loans says that no human judgement need enter the equation when it comes to assessing the expenses of a mortgage applicant
LENDER • Thu, 31 May 2018
China crackdown sees property investment fall by 65%: FIRB
Fresh FIRB data has revealed that tighter controls in China and the introduction of property fees and restrictions in Australia have seen a significant reduction in ...
GROWTH • Tue, 29 May 2018
Royal commission driving customers to different banks
Almost a third of Aussies say they are more likely to consider switching banks in the wake of the royal commission's findings, according to a new report.
LENDER • Tue, 29 May 2018
Non-major hikes rates
A challenger bank has increased its interest rates for variable residential and investment loans by 9 basis points, effective 29 May 2018, for both new and existing loans
LENDER • Mon, 28 May 2018
HSBC changes view on Sydney, Melbourne housing outlook
HSBC Australia has published a revised forecast for Australian house prices after seeing a more abrupt slowdown in Sydney and Melbourne as speculations swirl over a ...
BORROWER • Thu, 24 May 2018
Major bank offering broker clients $50k
One of the big four banks is offering mortgage broker clients a year’s worth of mortgage payments if they buy insurance by the end of next month.
BROKER • Wed, 23 May 2018