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Breaking News
APRA reins in mortgage lending by banks
by Nick Bendel • 21 Jul 2015
After warning of “heightened levels of risk” in the housing market, the regulator has taken firm action on...
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Brokers banned for breaching NCCP
by Reporter • 21 Jul 2015
ASIC has permanently banned two Perth-based finance brokers from engaging in credit activities and providing financial...
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Westpac announces 0.64pc rate discount
by Huntley Mitchell • 20 Jul 2015
Westpac is offering a two-year discount of 64 basis points for one of its variable-rate home loans.
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Choice's trail book tops $50 billion
by Emma Ryan • 20 Jul 2015
Mortgage aggregation group Choice has exceeded $50 billion in the value of its trail book.
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YBR introduces new broker service
by Emma Ryan • 20 Jul 2015
Yellow Brick Road has launched a new in-house service to its broker network.
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Buyers increasingly making use of tax break
by Reporter • 20 Jul 2015
Property investors are using tax depreciation in higher numbers and more quickly than ever before, new data suggests.
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Industry figures respond to CPA move
by Huntley Mitchell • 17 Jul 2015
An industry association, a prominent aggregator and an award-winning broker have all weighed in on CPA Australia’s...
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‘Case for reviewing negative gearing’ exists: RBA
by Nick Bendel • 17 Jul 2015
The Reserve Bank is open to a negative gearing review after revealing that an increasing number of investors are using...
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Aggregator continues to bolster broker support
by Reporter • 17 Jul 2015
Mortgage aggregation group eChoice has announced the appointment of Simon Adler as its new sales operations manager.
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FBAA backs national day for brokers
by Emma Ryan • 17 Jul 2015
Mortgage brokers are being encouraged to support a new initiative aimed at increasing awareness of the industry.
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CPA confirms broker push
by • 16 Jul 2015
Accounting body CPA Australia has confirmed that its members have the option of moving into the mortgage broking space,...
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Soccer star becomes a broker
by Huntley Mitchell • 16 Jul 2015
Former Socceroo Joel Griffiths has turned his focus to the third-party channel, becoming a qualified mortgage broker...
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New app to speed up broker productivity
by Huntley Mitchell & Nick Bendel • 16 Jul 2015
The loan application and settlement process is set to become a whole lot easier for brokers, thanks to a new app...
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Growing foreign investment in construction forecast
by Reporter • 16 Jul 2015
Australia has some of the world’s most expensive construction markets, although the tide is starting to turn, an...
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Industry newcomers may be breaching NCCP
by Emma Ryan • 15 Jul 2015
Concerns of unqualified brokers entering the industry have been raised, following a dramatic rise in non-brokers...
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Government continues foreign real estate crackdown
by Reporter • 15 Jul 2015
Australians who buy expensive local properties from foreigners will have to withhold 10 per cent of the payment under...
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Connective urges brokers to diversify with technology
by Emma Ryan • 15 Jul 2015
Connective CEO Glenn Lees has advised brokers to embrace technology in order to drive diversification throughout their...
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Sydney boom takes housing market into uncharted territory
by Nick Bendel • 15 Jul 2015
Forget about Sydney becoming a million-dollar city – new data suggests its median house price has already passed $1.1...
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APF moves into wealth, appoints head
by Huntley Mitchell • 14 Jul 2015
Mortgage group Australian Property Finance (APF) has officially launched its new wealth management arm and appointed...
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Aussie responds to case of mortgage fraud
by Huntley Mitchell • 14 Jul 2015
Aussie Home Loans has issued a statement in response to a $7 million mortgage fraud case involving one of its former...
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Property investors choosing favourite broker
by Reporter • 14 Jul 2015
Votes are flooding in for mortgage broking firms across the country with property investors keen to highlight the...
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Variable rate popularity surges
by Reporter • 14 Jul 2015
Variable rates continue to dominate borrower demand, according to new research by Mortgage Choice.
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Marketplace lender prepares to enter third-party channel
by Huntley Mitchell • 13 Jul 2015
Marketplace lender DirectMoney is actively seeking partnerships within the third-party channel as it prepares to list...
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Have your say on Australia’s non-major lenders - Jul 2015
by Reporter • 13 Jul 2015
The Adviser’s annual survey of Australia’s non-major banks is now open and brokers are being urged to give their...
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Housing finance falls to 21-month low
by Reporter • 13 Jul 2015
Evidence has emerged that the investor lending crackdown may be working, with home loan approvals at their lowest level...
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