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Breaking News
Direct channels help CUA post record loan growth
by James Mitchell • 14 Sep 2015
Australia's largest credit union says direct channels accounted for well over half of its mortgages settled during...
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Date announced for national brokers day
by Emma Ryan • 14 Sep 2015
The Finance Brokers Association of Australia has confirmed the date for the long-awaited National Finance Brokers Day...
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The real property booms are happening outside Australia: report
by Reporter • 14 Sep 2015
Australia has placed 10th in a global ranking of house price growth, with capital gains far exceeding China but...
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Major funder sharpens variable rates
by James Mitchell • 11 Sep 2015
A major bank-owned mortgage funder has cut its variable rates for owner-occupiers to below 4 per cent and revealed a...
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Melbourne man pleads guilty to mortgage fraud
by James Mitchell • 11 Sep 2015
A Melbourne man has pleaded guilty to participating in a multimillion-dollar home-loan fraud conspiracy.
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Investor curbs failing, says Flavell
by James Mitchell • 11 Sep 2015
Mortgage Choice chief executive John Flavell says changes to investor lending are failing to have a significant impact...
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APRA measures could backfire, says wealth group
by Huntley Mitchell • 11 Sep 2015
Moves by the regulators and banks to curb investor lending growth in Sydney and Melbourne will needlessly harm...
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MyState cuts rates below 4%
by James Mitchell • 10 Sep 2015
An ASX-listed bank has just announced new market-leading mortgage terms.
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St.George open to expanding ‘no LMI’ policy to brokers
by James Mitchell • 10 Sep 2015
St.George Bank has revealed that it is open to adding additional sectors to its current LMI policy for medical...
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Aggregator takes issue with regulator
by Huntley Mitchell • 10 Sep 2015
The head of a mortgage aggregation group says the prudential regulator could have used tax controls to curb investor...
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Choice Home Loans encourages financial confidence in women
by James Mitchell • 10 Sep 2015
Choice Home Loans partnered with the Mamamia Women’s Network to host an event aimed to drive financial confidence...
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MFAA appoints AFG director
by Huntley Mitchell • 10 Sep 2015
The MFAA has announced the appointment of AFG executive director Malcolm Watkins to its board.
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Melbourne sees jump in property sales
by Reporter • 10 Sep 2015
Sales volumes have increased in half of Australia’s capitals, while other cities have suffered big declines.
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Mortgage changes ‘will be constant’, says broker head
by James Mitchell • 9 Sep 2015
The general manager of mortgage broking at one of Australia’s largest banks has cautioned brokers to prepare for...
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Regulate other lending sectors: Haron
by Huntley Mitchell • 9 Sep 2015
Connective director Mark Haron has called for the regulatory focus to be shifted to other areas of lending to avoid a...
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Intuitive Finance scoops up prestigious accolade
by Emma Ryan • 9 Sep 2015
Intuitive Finance has been crowned Victoria’s favourite mortgage broker at the 2015 Investors Choice Awards.
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NT and WA lead the way on housing affordability
by Reporter • 9 Sep 2015
Property has become more affordable in every state and territory over the past 12 months – except for New South...
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Homes under $400,000 a rare find
by Reporter • 9 Sep 2015
Australia’s supply of cheap houses has dried up in almost all capital cities in the past 10 years.
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ME announces cashback offer
by James Mitchell • 8 Sep 2015
Industry super fund-owned bank ME has just announced a cashback offer for new home loan customers.
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Borrowers rush to reclassify loans following investor pricing hikes
by James Mitchell • 8 Sep 2015
St.George Bank has introduced new processes to cope with an influx of investors switching to an owner-occupied loan...
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AFG clarifies benefits of new white-label offering
by Emma Ryan • 8 Sep 2015
Following the announcement of its new white-label offering with Macquarie Bank, AFG has clarified what it will mean for...
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FBAA urges better media engagement by brokers
by Huntley Mitchell & Adam Zuchetti • 8 Sep 2015
The FBAA has called for brokers to seek further media opportunities to promote not just their own business, but the...
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New home sales point to healthy 2015-16
by Reporter • 8 Sep 2015
The Housing Industry Association (HIA) says new home sales remain in “strong shape” despite a modest decline in...
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ASIC hands broker four-year ban
by Huntley Mitchell • 7 Sep 2015
ASIC has banned Raghwa Nand Prasad of Chipping Norton from providing financial services and engaging in credit...
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Loan Ave to offer 3% variable rate discounts
by Huntley Mitchell • 7 Sep 2015
Loan Ave has officially launched a revolutionary new product that offers customers heavily discounted home loan rates.
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