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Breaking News
Brokers lose share of mortgage market
by Staff reporter • 18 Feb 2015
Research commissioned by the MFAA has revealed that broker share of the mortgage market dropped in the December...
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Advantedge lowers fixed rates
by Staff reporter • 18 Feb 2015
Another lender has responded to the Reserve Bank’s cash rate cut by reducing interest rates on its fixed-rate...
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Major aggregator delivers Australian-first comparison tool
by Staff reporter • 18 Feb 2015
Choice Home Loans has successfully launched an online loan comparison tool in an attempt to deliver more leads for...
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Homeloans acquires Queensland lender
by James Mitchell • 17 Feb 2015
Non-bank mortgage provider Homeloans Limited has executed a binding agreement to acquire one of Queensland’s...
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Bank increases trail commissions
by James Mitchell • 17 Feb 2015
A regional bank has announced a permanent increase of five basis points to its fourth-year trail commissions, effective...
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Rapid growth for CUA's loan volumes
by Staff reporter • 17 Feb 2015
Australia’s largest customer-owned financial institution lent its customers a record $1.8 billion in the second half...
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Home loans of less concern to buyers
by Emma Ryan • 17 Feb 2015
New research from Aussie Home Loans has revealed just 33 per cent of the public ask for a second opinion on their home...
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Banking group passes on RBA rate cut
by Staff reporter • 17 Feb 2015
MyState has announced that its subsidiaries, MyState Bank and The Rock, will reduce interest rates by 0.25 per cent for...
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Lender slashes rates by 40 points
by Staff reporter • 17 Feb 2015
Bluestone Mortgages has delivered a double bonus to borrowers by slashing interest rates and waiving its establishment...
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AFG denies bank takeover
by James Mitchell • 16 Feb 2015
Mortgage aggregator AFG has quashed rumours that a major bank is "running a ruler" over the company.
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Majors pocket billions from borrowers
by Staff reporter • 16 Feb 2015
The big four banks have kept an estimated $7 billion from their variable-rate home loan customers by not passing on the...
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Lender announces Black Friday rate cuts
by Staff reporter • 16 Feb 2015
Suncorp Bank has announced it will cut interest rates across its suite of fixed rate products.
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Lender announces 80-point upfront commissions
by Staff reporter • 16 Feb 2015
Australian Financial has modified its commission structure in an attempt to position itself as the non-traditional...
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Bank launches Australian-first business app
by Staff reporter • 16 Feb 2015
One regional lender has launched a banking app for business customers – the first of its kind in Australia.
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CBA to focus on proprietary channels
by James Mitchell • 13 Feb 2015
The country’s largest mortgage provider has revealed that a key focus for its growth will now be via the proprietary...
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Brisbane broker stresses importance of pre-approvals
by James Mitchell • 13 Feb 2015
Homebuyers in Brisbane are missing out on thousands of dollars in savings by failing to get finance approved before...
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Big four bank puts fixed rates to the sword
by Staff reporter • 13 Feb 2015
NAB Broker has announced it will cut fixed rates on its one-year, two-year, three-year and five-year Homeplus...
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Lender partners with NRL team
by Staff reporter • 13 Feb 2015
Pepper has broadened its commitment to western Sydney by announcing a partnership with the Penrith Panthers NRL club.
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CBA loses broker market share
by Staff reporter • 12 Feb 2015
Australia's biggest bank has admitted to being "underweight" on its broker-originated home loans and investment lending...
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Bank unveils record-low fixed rates
by Staff reporter • 12 Feb 2015
ME Bank has cut its fixed rates by 31 basis points after confirming last week that it will be passing on the full...
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E-conveyancing system promises good news for buyers and sellers
by Staff reporter • 12 Feb 2015
More than half of Australians are now covered by the country’s emerging electronic conveyancing network.
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Economist forecasts ‘building boom’ in 2015
by Staff reporter • 12 Feb 2015
The pessimists might have to quieten down for the time being after building approvals reached record levels in 2014.
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Regional bank ramps up investor lending with new partnership
by Staff reporter • 11 Feb 2015
Adelaide Bank has announced a new partnership with a Melbourne-based mortgage manager specialising in property...
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Reserve Bank flags more rate cuts
by James Mitchell • 11 Feb 2015
The Reserve Bank’s statement on monetary policy for February suggests the cash rate is still not low enough.
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Scrap negative gearing at your peril, REIA warns
by Staff reporter • 11 Feb 2015
Tony Abbott will harm the cause of rental affordability if he eliminates negative gearing in the next Budget, according...
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