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Breaking News
New app to reduce turnaround times
by Reporter • 21 May 2015
The MFAA has announced a partnership with a new smartphone app designed to help brokers manage the compliance process...
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Scrapping first home owner grant ‘makes no sense’
by Reporter • 21 May 2015
The Western Australian Budget has dealt a blow to first home buyers, who will no longer receive a government grant for...
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Broker banned for $3.6m fraud
by Reporter • 20 May 2015
ASIC has punished a Sydney broker with a 10-year ban after she was convicted of loan fraud.
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‘Responsible’ Bankwest puts brake on investor lending
by Reporter • 20 May 2015
Bankwest has made it harder for investors to secure loans, in a sign that APRA’s campaign on lending standards is...
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Connective brokers offered new growth opportunity
by Reporter • 20 May 2015
Connective has officially launched its new range of white-label home loan products under its home loans brand.
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Public bank bashing could spell good news for brokers
by Reporter • 20 May 2015
APRA’s criticism of bank lending practices might have provided brokers with a golden marketing opportunity.
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Brokers hit new market share record
by Reporter • 19 May 2015
The rise and rise of mortgage broking has continued, with the industry setting a new record for market share.
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Mortgage brokers still love their local champions
by Reporter • 19 May 2015
Brokers might have just as much of a soft spot for their state’s bank as they do their state’s beer, if new data is...
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Home loan demand hits six-year high
by Reporter • 19 May 2015
The number of owner-occupied mortgage commitments has reached its highest level since September 2009.
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Debt reduction the best strategy following rate cut
by Reporter • 19 May 2015
Borrowers have been advised to take advantage of record-low interest rates by paying off debt rather than splurging...
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Regulator told to be alert, not alarmed
by Nick Bendel • 18 May 2015
APRA is slowly increasing pressure on Australia’s banks despite an industry view that lending standards are sound.
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Homeloans lowers rates on full-doc products
by Reporter • 18 May 2015
Homeloans has cut rates for two of its full-doc home loan products by up to 35 basis points, just over a month after...
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Investors drive record result for major aggregator
by Reporter • 18 May 2015
Strong investor activity in Victoria and New South Wales has helped one of the nation’s largest aggregators process...
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Prices rising in Tasmania as confidence grows
by Reporter • 18 May 2015
The Real Estate Institute of Tasmania (REIT) has said the housing market is on the way up after house sales reached...
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Three lenders announce rate cuts
by Reporter • 15 May 2015
Resimac has now reduced its rates by 150 basis points this year after making another cut of 85 points.
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How do you feel about your aggregator?
by Reporter • 15 May 2015
How happy brokers are with their aggregator – and what might prompt them to leave – is the focus of a recently...
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Finance and property group shows tech credentials
by Nick Bendel • 15 May 2015
Coronis will now be able to deliver faster settlements for its buyers after becoming an early adopter of electronic...
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Housing tipped to benefit from small business package
by Reporter • 15 May 2015
This week's Budget could provide further stimulus to the record building boom currently underway.
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Aggregator takes lead generation ‘to the next level’
by James Mitchell & Huntley Mitchell • 14 May 2015
One of Australia’s fastest-growing mortgage aggregation groups is using innovative technology and strategic...
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Industry groups react to Budget
by Reporter • 14 May 2015
The federal government’s recent Budget has drawn mixed reactions from two of the industry’s leading figures.
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Federal inquiry calls for end to stamp duty
by Reporter • 14 May 2015
Liberal, Labor and Greens parliamentarians have joined forces to call for an end to stamp duty.
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Sydney house price growth nears 17pc
by Reporter • 14 May 2015
It hardly seems possible, but the Sydney market may be growing even faster than previously thought.
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SMEs bearish about cash flow and sales
by Reporter • 14 May 2015
Almost half of small and medium-sized businesses are finding it harder to manage their cash flow and are more concerned...
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Price pressures forecast to persist despite building boom
by Reporter • 13 May 2015
Australia will build 41 per cent more homes in 2014/2015 than three years ago – yet the country is still facing a...
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Government threatens brokers in Budget
by Nick Bendel • 13 May 2015
Brokers could be victims of the government’s decision to strengthen the rules around foreign investment in real...
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