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Breaking News
Regulator slams ‘inaccurate and speculative’ reporting
by Nick Bendel • 12 Jan 2015
ASIC has defended the way it has handled the alleged $110 million mortgage fraud that has rocked the industry.
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Brokers given new white-label option
by Staff Reporter • 12 Jan 2015
Interim Finance has unveiled a new product that will allow brokers to offer personalised short-term loans to their...
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Real estate guru reveals referral secrets
by Huntley Mitchell • 12 Jan 2015
Brokers will fail to realise their referral potential if they only interact with real estate agents during...
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Bust to boom forecast for Australia's sixth-biggest city
by Staff Reporter • 12 Jan 2015
The Gold Coast will be one of the strongest property markets in the next two years, before facing "significant...
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Alleged $110m mortgage fraud may have been inevitable
by Nick Bendel • 9 Jan 2015
Prominent industry figures have defended the banks after ASIC alleged that two brokers submitted at least 350...
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National mortgage form set to streamline processing
by Nick Bendel • 9 Jan 2015
A national mortgage form is expected to be introduced this year as Australia’s electronic conveyancing network...
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Record-breaking month for home approvals
by Staff Reporter • 9 Jan 2015
New data has revealed that new home building approvals reached their highest-ever monthly level in November last year.
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Tabloid TV slams ‘fast and easy’ home loans
by Huntley Mitchell, Nick Bendel • 8 Jan 2015
Aggregators have backed the role of interest-only loans despite a warning from regulators and a scare campaign by A...
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Aggregator's home loan volumes jump almost 24pc
by Nick Bendel • 8 Jan 2015
AFG has reported extremely strong mortgage growth alongside a major increase in refinances.
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Interest rate 'chatter' changing borrower habits
by Staff Reporter • 8 Jan 2015
Brokers across Australia are writing significantly fewer fixed-rate loans today than a year ago, according to new...
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ASIC set to get tough in 2015: compliance expert
by Nick Bendel • 7 Jan 2015
Brokers have been warned to expect a more aggressive ASIC this year, with the regulator already cracking down on two...
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Hot property prices disguise cooling market
by Nick Bendel • 7 Jan 2015
New data has revealed that three capital cities recorded double-digit house price increases during 2014.
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Interest rates about to fall, says leading analyst
by Staff Reporter • 7 Jan 2015
The markets now think it is a "dead certainty" that the Reserve Bank of Australia will cut interest rates by April.
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Brokers arrested in alleged $110m mortgage fraud
by Staff Reporter • 6 Jan 2015
ASIC announced today that two Melbourne men have been arrested after carrying out an alleged mortgage fraud.
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Associations form battlelines on SMSF borrowing
by Nick Bendel • 6 Jan 2015
The MFAA and FBAA will lobby the government in opposite directions regarding direct borrowing by superannuation funds.
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Majors outpaced in latest APRA stats
by Nick Bendel • 6 Jan 2015
Australia's 10 biggest third-party banks have increased their investor lending over the past year, although one bank...
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Brokers open second office as settlements jump 31pc
by Nick Bendel • 6 Jan 2015
Aussie Home Loans has opened a second Townsville store after the first branch established itself as one of the best in...
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New lending model poses threat and opportunity for brokers
by Nick Bendel • 5 Jan 2015
Peer-to-peer lending could help brokers write more loans in the short term – but it might also pose a threat to their...
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Will a supermarket move into mortgages in 2015?
by Nick Bendel • 5 Jan 2015
One prominent third-party consultant has revealed that several "non-traditional brands" are "well-advanced" in their...
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ACCC demands greater transparency from franchises
by Nick Bendel • 5 Jan 2015
Brokers and mortgage groups could be fined up to $51,000 under new franchising rules that took effect on January 1.
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Year in review: 10 biggest stories of 2014
by Staff Reporter • 31 Dec 2014
We bid farewell to a dramatic year that included rate cuts, commission increases, financial scandal and the arrival of...
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Foreign property investment forecast to increase in 2015
by Staff Reporter • 31 Dec 2014
Australia's recent free trade agreement with China is forecast to boost Chinese investment in local real estate – and...
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Credit ombudsman increases compensation limit
by Staff Reporter • 31 Dec 2014
The Credit and Investments Ombudsman has announced an increase in the monetary compensation limit available to...
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Big wins and big losses for ASX-listed mortgage firms
by Nick Bendel • 30 Dec 2014
Publicly listed industry firms outperformed the stock market in 2014, despite significant falls in the share price of...
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Industry leaders forecast big changes in 2015
by Huntley Mitchell, Nick Bendel • 30 Dec 2014
Brokers have been told to expect new third-party banks, looser lending standards and more industry consolidation next...
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