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Breaking News
Regulator approves Wide Bay bank status
by Staff reporter • 9 Feb 2015
APRA has consented to Wide Bay Australia's transition to becoming a bank.
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Betting syndicate helps broker group raise $6m
by Huntley Mitchell • 6 Feb 2015
Australian Credit and Finance has closed a $6 million capital raise with help from the founders of two prominent...
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More lenders follow suit with rate reductions
by Staff reporter • 6 Feb 2015
Yellow Brick Road, AMP, Suncorp Bank and Citibank have revealed their new standard variable rate home loans.
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Financial comfort level reaches record high
by Staff reporter • 6 Feb 2015
Improvements in job availability and security were key contributors to household financial comfort reaching its highest...
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Loan fraud on regulator's radar
by Staff reporter • 6 Feb 2015
ASIC believes the outcomes reflected in its latest enforcement report demonstrate its commitment to crack down on loan...
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ANZ matches NAB on rate cut
by Staff reporter • 5 Feb 2015
ANZ today announced it will lower interest rates for variable rate mortgages by 0.25 per cent per annum following its...
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NAB cuts rates: lowest in 40 years
by Staff reporter • 5 Feb 2015
National Australia Bank has become the third major lender to pass on the Reserve Bank's rate cut in full.
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Bank’s ultra-low variable rate drives 380pc surge in volumes
by Nick Bendel • 5 Feb 2015
Aggregator statistics have revealed the significant impact that interest rate cuts can have on where brokers send their...
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Industry veteran warns brokers of online threats
by James Mitchell • 5 Feb 2015
An industry veteran has warned brokers their biggest threat in coming years will be the major banks' ability to win...
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Non-bank lender reduces fixed rates
by Staff reporter • 5 Feb 2015
Australian First Mortgage (AFM) has taken the knife to its four-year and five-year fixed-rate home loans.
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Two more banks respond to RBA rates decision
by Staff reporter • 5 Feb 2015
Heritage Bank and Bank of Melbourne have followed suit by reducing rates for their variable home loan products.
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Westpac goes beyond RBA rate cut
by Staff reporter • 4 Feb 2015
Two of the big four banks have now passed on the RBA rate cut in full.
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First major reduces rates to record low
by Staff reporter • 4 Feb 2015
One major bank has passed on the full rate cut by slashing its variable, three- and five-year fixed-rate home loans.
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Non-majors pass on rate cut
by Staff reporter • 4 Feb 2015
Australia’s non-major lenders have been quick to slash variable rates after the Reserve Bank cut the official cash...
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Get personal if you want more referrals
by Huntley Mitchell • 4 Feb 2015
Brokers who fail to contact their clients at least every six weeks are losing business to rivals, one networking expert...
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Refinancing for renos 'too difficult': survey
by Staff reporter • 4 Feb 2015
Australian homeowners are dodging renovations funded by the equity in their home because it’s just too difficult,...
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Online lender undercuts the big four
by Staff reporter • 4 Feb 2015
Loans.com.au has cut its three-year fixed rate to its lowest-ever level, adding to speculation that the Reserve Bank...
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First bank passes on full rate cut
by Staff reporter • 3 Feb 2015
One of Australia’s regional lenders will pass on the Reserve Bank’s 25 basis point rate cut in full.
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Reserve Bank reveals rates decision
by Staff reporter • 3 Feb 2015
The Reserve Bank of Australia has announced the result of its monthly board meeting.
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Brokers at centre of ASIC lending crackdown
by Staff reporter • 3 Feb 2015
Bundaberg-based building society Wide Bay Australia will improve its responsible lending practices following concerns...
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Bernie Lewis joins major aggregator
by Staff reporter • 3 Feb 2015
South Australian mortgage group Bernie Lewis Home Loans has joined a leading aggregator after operating directly with...
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Lender slashes rates ahead of RBA announcement
by Staff reporter • 3 Feb 2015
A mutual lender has cut its fixed rate home loans to 50 basis points below those of the major banks.
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Aggregator and mortgage group both post strong results
by Nick Bendel • 3 Feb 2015
Vow Financial has enjoyed the first billion-dollar month in its history, while parent Yellow Brick Road has grown its...
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Banks cutting rates regardless of RBA movements
by Staff reporter • 3 Feb 2015
With less pressure now on the RBA to cut the cash rate, the central bank should "keep its powder dry", says Deloitte...
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Regulator strikes again: broker banned for three years
by Nick Bendel • 2 Feb 2015
ASIC has banned a Sydney broker after discovering financial irregularities in his company.
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