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Breaking News
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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RBA tipped to reduce cash rate tomorrow
by Staff Reporter • 2 Feb 2015
The Reserve Bank of Australia is just over 24 hours away from cutting interest rates to record-low levels, two...
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Home loan stats reveal winners and losers in 2014
by Nick Bendel • 2 Feb 2015
Three banks experienced a fall in mortgage lending to owner-occupiers last year, APRA has revealed.
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La Trobe Financial increases loan threshold
by Staff Reporter • 2 Feb 2015
One lender has changed its lending rules in response to the booming Sydney and Melbourne property markets.
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Expectations weaken for house prices and rents
by Staff Reporter • 2 Feb 2015
More evidence has emerged that house price growth has started to go backwards rather than forwards.
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Regulator punishes firm over property hype
by Nick Bendel • 30 Jan 2015
Brokers have been sent a powerful message that they must be able to substantiate any marketing about the value of...
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Broker wins award for one-stop-shop strategy
by Nick Bendel • 30 Jan 2015
One of the industry’s best diversifiers has tried to emulate the major banks by selling multiple products to each...
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Property prices go backwards in four cities
by Staff Reporter • 30 Jan 2015
The Sydney market has continued to defy gravity but Melbourne price growth has rapidly slowed and Perth is moving at...
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St George launches cloud-based SME platform
by Staff Reporter • 30 Jan 2015
St George Bank has launched a platform of cloud-based applications to help small businesses and start-ups run their...
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‘Still a lot of heat’ in the market: Russell
by Staff Reporter • 30 Jan 2015
Mortgage Choice chief executive Michael Russell remains confident that record-low rates will continue to fuel...
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Accountants trump agents as best referrers
by James Mitchell • 29 Jan 2015
One of the nation’s fastest growing lenders has pointed to accountants as the most important referral partner for...
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Mortgage Choice's monthly settlements exceed $1 billion
by James Mitchell • 29 Jan 2015
One national mortgage group has reached a new financial milestone by settling $1.09 billion in mortgages in December.
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Stop 'crying wolf' over Sydney prices, says market expert
by Staff Reporter • 29 Jan 2015
Property analyst Louis Christopher has criticised rival commentators who have talked of a slowdown in the Sydney...
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Record improvements for home owners
by Staff Reporter • 29 Jan 2015
Rising property prices have delivered a windfall to Australians who have paid off their mortgage.
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Australians have ‘alarming lack of knowledge’ about credit card...
by Staff Reporter • 29 Jan 2015
Many consumers are unsure how much credit card interest they are paying and which institutions offer the best rates, a...
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Aggregator smashes settlement record by 10pc
by Nick Bendel • 28 Jan 2015
Connective has enjoyed the best sales month in the aggregator's history after expanding its network and helping brokers...
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Mark Bouris receives national honours
by Nick Bendel • 28 Jan 2015
One of the industry's most prominent figures has been awarded the Order of Australia.
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Law firm points to flaw in mooted SMSF ban
by Katarina Taurian • 28 Jan 2015
A Minter Ellison partner has warned that a blanket ban on SMSF borrowing will re-introduce doubt over investments such...
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