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Breaking News
ASIC bans convicted broker
by Huntley Mitchell • 6 Oct 2015
ASIC has announced it has permanently banned a convicted mortgage broker from the credit and financial services...
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Brokers forced to look beyond banks, says CEO
by James Mitchell • 6 Oct 2015
The head of an ASX-listed non-bank lender is seeing a significant increase in broker-originated loans as the...
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Loan Market’s top broker opens Sydney branch
by Huntley Mitchell • 6 Oct 2015
The newly-crowned number one broker for Loan Market has opened the group’s first suburban branch in New South Wales.
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RBA to keep cash rate on hold: survey
by James Mitchell • 6 Oct 2015
Australia’s leading economists unanimously expect the Reserve Bank to leave the official cash rate on hold when it...
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New product helps brokers address an under-serviced market
by James Mitchell • 6 Oct 2015
An Australian non-bank lender has today launched a brand new product aimed at self-employed and small-business...
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Industry body won’t raise membership fees for two years
by James Mitchell • 6 Oct 2015
One of the mortgage broking industry’s peak bodies has vowed to keep membership fees steady for 24 months.
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Teachers Mutual praises brokers for ‘national image’
by Huntley Mitchell • 5 Oct 2015
Teachers Mutual Bank CEO Steve James has credited brokers for helping the bank achieve strong lending growth and...
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Connective bolsters executive team for retail offering
by Huntley Mitchell • 5 Oct 2015
Connective has announced the appointment of two key personnel to drive the group’s new retail aggregation service,...
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Fixed-rate demand hits four-year low
by Huntley Mitchell • 5 Oct 2015
Demand for fixed-rate home loans fell significantly last month, according to new research by Mortgage Choice.
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Govt considers reforms to protect property buyers
by James Mitchell • 5 Oct 2015
New South Wales has followed its underquoting reforms with a new set of proposals to protect off-the-plan buyers.
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More home sales losing money
by Reporter • 5 Oct 2015
More homes are selling at a loss than last year, with vendors incurring a $66,000 deficit in the average loss-making...
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Auswide unveils new variable rate with offset feature
by James Mitchell • 2 Oct 2015
Auswide Bank has announced a fresh variable home loan rate to brokers for a limited time.
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ING Direct to drive convergence of broking and planning
by James Mitchell • 2 Oct 2015
One of Australia’s largest mortgage lenders has appointed a new partnership manager to help promote the convergence...
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Two-tiered mortgage market here to stay
by Huntley Mitchell • 2 Oct 2015
The majority of lenders will eventually adopt differential pricing for home loans after new Reserve Bank figures...
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Sydney and Melbourne now ‘extreme seller’s markets’
by Reporter • 2 Oct 2015
New mortgage data has revealed that buyers in Australia’s two major capitals have found life harder and harder.
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ASIC imposes licence conditions on national brokerage
by James Mitchell • 1 Oct 2015
ASIC has imposed conditions on a national finance brokerage’s Australian Credit Licence (ACL) following an...
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Liberty offers ‘free-thinking approach’ to investor loans
by James Mitchell • 1 Oct 2015
Liberty Financial has positioned itself as an alternative solution for property investors looking to continue growing...
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Broker group acquires equipment finance business
by James Mitchell • 1 Oct 2015
A Brisbane-based broker group has purchased a majority shareholding in Perth-based finance brokerage Allied Finance...
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Building approvals fall in August
by James Mitchell • 1 Oct 2015
Fresh figures have revealed that building approvals fell significantly in August following a rebound in July.
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Aussie sees record rise in female brokers
by Huntley Mitchell • 1 Oct 2015
Aussie Home Loans says it witnessed a record level of female brokers recruited to its retail channel during the last...
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Broker rejoins Loan Market
by Reporter • 1 Oct 2015
A Victorian broker has rejoined Loan Market to take advantage of the group's partnership with a leading real estate...
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Half of brokers not obtaining credit reports: Princeville
by James Mitchell • 30 Sep 2015
The business manager of an international credit repair group estimates that 50 per cent of mortgage brokers in...
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Broker unveils new networking initiative
by Huntley Mitchell • 30 Sep 2015
A Melbourne broker is about to launch an event and platform designed to help young industry professionals find their...
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Liberty rolls out latest CPDone software
by James Mitchell • 30 Sep 2015
Liberty Network Services has become the latest broker group to roll out CPDone version 2.0 in an effort to provide...
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FAST chief sees bigger things for broker channel
by James Mitchell • 30 Sep 2015
FAST chief executive Brendan Wright explains how the aggregator’s diversified approach to lending is helping...
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