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Breaking News
AFM appoints regional manager
by Huntley Mitchell • 25 Aug 2015
Australian First Mortgage (AFM) has recognised the need to bolster its sales team since its merger with non-bank lender...
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MFAA celebrates win over proposed PI changes
by Reporter • 25 Aug 2015
The MFAA is rejoicing for its members after receiving confirmation that the proposed legislative changes to...
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NAB strives for ‘next level’ in mortgage settlements
by Huntley Mitchell & Adam Zuchetti • 24 Aug 2015
Brokers will soon notice changes to the mortgage settlement process at NAB, as it focuses on the “fulfilment” of...
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Third-party veteran joins property group
by James Mitchell • 24 Aug 2015
The former chief executive of a major brokerage has announced his new role on the board of a burgeoning property...
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SMSF lending uncertainty impacting brokers' activity
by Miranda Brownlee & Huntley Mitchell • 24 Aug 2015
The uncertainty of SMSF lending following David Murray’s recommendation to ban it in the Financial System Inquiry has...
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Brokers access education on investment advice
by • 24 Aug 2015
A new accredited training program will launch tomorrow, aiming to educate brokers on how best to advise and support...
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Economic outlook downbeat in July
by Reporter • 24 Aug 2015
Australia’s economic outlook continues to be “mixed and patchy”, according to the latest monthly business survey...
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Broker commissions on regulator’s radar
by James Mitchell • 21 Aug 2015
The corporate watchdog has identified the possibility that brokers could be driven by commission to recommend bigger...
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Westpac announces $1,000 cashback offer for borrowers
by Huntley Mitchell • 21 Aug 2015
Westpac has launched a home loan rebate campaign for one of its products to coincide with celebrations for the Chinese...
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Industry bodies clash over proposed PI changes
by Emma Ryan • 21 Aug 2015
The MFAA and FBAA appear divided over proposed legislative changes to professional indemnity insurance.
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AMP planners write one in four mortgages
by James Mitchell • 21 Aug 2015
AMP Bank says its financial advisers were responsible for 24 per cent of all home loans written in the six months to 30...
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Mortgage Choice loan book approaches $50 billion
by James Mitchell • 21 Aug 2015
Listed brokerage Mortgage Choice has seen record settlement volumes in the 12 months to 30 June with settlements...
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Brokers on notice following ASIC lending probe
by James Mitchell • 20 Aug 2015
ASIC has warned brokers to review their practices after an investigation found a majority of interest-only home loans...
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Government takes aim at brokers and agents
by Nick Bendel • 20 Aug 2015
Mortgage brokers and real estate agents who help overseas buyers flout foreign investment rules will face severe...
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Macquarie says brokers driving revenue from social media
by Huntley Mitchell • 20 Aug 2015
A new report by Macquarie Bank has found mortgage brokers are increasingly leveraging social media to generate leads,...
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New broker sets record for Loan Market
by Reporter • 20 Aug 2015
A new-to-industry broker has graduated from Loan Market’s mentoring program in record time after writing $12 million...
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Aussie franchise recognised for 2014-15 success
by Reporter • 20 Aug 2015
Aussie Prospect has been praised by group CEO James Symond for its stellar performance over the last financial year.
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Connective launches retail service
by James Mitchell • 19 Aug 2015
Leading aggregation group Connective has announced the launch of a new retail offering.
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Brokers ‘gaming the system’ on interest-only loans: lawyer
by James Mitchell • 19 Aug 2015
As ASIC prepares to release the findings of its report on interest-only mortgages, one Sydney property lawyer believes...
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Broker calls for standardised commissions
by Huntley Mitchell • 19 Aug 2015
One broker says standardising commissions will help address the ongoing channel conflict between lenders and loan...
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APF credits academy for ‘champion’ brokers
by Huntley Mitchell • 19 Aug 2015
Australian Property Finance (APF) says its broker academy is playing a vital role in helping attract and retain new...
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FBAA motor roadshow crosses the country
by Reporter • 19 Aug 2015
The Finance Brokers Association of Australia (FBAA) is reporting a positive response from its ‘Finance in...
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Financial services to deliver better work-life balance
by Reporter • 19 Aug 2015
Financial services companies are focused on offering work-life balance initiatives for their employers in the new...
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Fresh wave of Chinese money to hit property market
by James Mitchell • 18 Aug 2015
A Chinese property group estimates that over $75 billion in new capital will be invested in the Australian property...
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Brokerage sees 30pc spike in Queensland settlements
by James Mitchell • 18 Aug 2015
One of Australia’s top brokerages has seen a surge in loan settlements in Queensland after another record month.
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