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Breaking News
Reserve Bank makes interest rate decision
by Staff Reporter • 2 Dec 2014
The Reserve Bank of Australia has announced the result of its monthly board meeting.
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Brokers who shun digital risk becoming 'invisible'
by Nick Bendel • 2 Dec 2014
Independent brokers have been warned they will lose business to rivals if they do not turn their websites into lead...
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Starting the day at 5am could boost your productivity
by Huntley Mitchell • 2 Dec 2014
Brokers who start their days early are "far more dollar-productive" than those who finish late, according to one member...
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Banks express interest in faster discharges
by Nick Bendel • 2 Dec 2014
First Title may soon add a range of new lenders to its fast refinancing system.
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Macquarie keeps surging as MyState makes its debut
by Nick Bendel • 2 Dec 2014
Australia's newest bank ended October with $1.3 billion in owner-occupier loans on its books.
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House values up but growth may have peaked
by Staff Reporter • 2 Dec 2014
Australia’s house values have continued to increase in all of the capital cities, with only Sydney posting...
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More mutuals looking to enter broker channel
by Nick Bendel • 1 Dec 2014
Several third-party banks have revealed they have been holding discussions with lenders that are investigating moving...
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Hot Suncorp Bank variable rate slows turnarounds
by Staff Reporter • 1 Dec 2014
Suncorp Bank has withdrawn its service guarantee after its low variable rate prompted a "substantial increase" in...
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Do non-major banks deserve more business?
by Nick Bendel • 1 Dec 2014
Brokers have been urged to walk the walk on diversity and send more business to smaller lenders.
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Residential land sales heat up
by Staff Reporter • 1 Dec 2014
Increased demand for residential land in Sydney is set to continue, while select south-east Queensland markets will...
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ASIC bans mortgage lender
by Staff Reporter • 1 Dec 2014
The corporate watchdog has banned a Sydney mortgage lender from providing financial services following an...
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Brokers threatened with tough penalties
by James Mitchell • 28 Nov 2014
A parliamentary report has called for brokers to be fined if they knowingly help foreign property buyers avoid new...
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Brokerage announces four new referral relationships
by Nick Bendel • 28 Nov 2014
Barry Plant Financial Services has struck a blow for financial literacy by forming a referral relationship with a...
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Lender special could save clients $15,000
by Staff Reporter • 28 Nov 2014
Resimac Financial Services has extended its temporary 100-point fee reduction by three months.
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Brokers promised better service after Adelaide Bank tech upgrade
by Staff Reporter • 28 Nov 2014
Adelaide Bank has forecast "significant operational efficiencies" after signing off on a new generation loan...
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MyState appoints new broker relationship manager
by Staff Reporter • 28 Nov 2014
MyState has announced the appointment of Martin Liszewski as its broker relationship manager for New South Wales.
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Industry leaders announce new broker group
by James Mitchell • 27 Nov 2014
Two third-party leaders have united to form a new brokerage with plans to amass 200 loan writers within three to five...
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St George Bank helps brokers borrow against trail
by Staff Reporter • 27 Nov 2014
A major bank-owned lender has announced the launch of a new policy for commercial lending against mortgage broker trail...
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New mortgage calculators for MFAA members
by Staff Reporter • 27 Nov 2014
The MFAA has announced that members will now be able to lease a full set of loan calculators which can be uploaded to...
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APRA data reveals investor finance dominance
by Staff Reporter • 27 Nov 2014
Investor loans now make up the bulk of mortgages on combined bank loan books.
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ASIC takes civil action against credit provider
by Staff Reporter • 27 Nov 2014
Make it Mine could be penalised by $1.7 million after being accused by ASIC of breaching consumer credit laws,...
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Working smarter helps broker boost volumes by $135 million
by Nick Bendel • 26 Nov 2014
Australia's best young broker enjoyed a 250 per cent surge in volumes by reducing his paperwork and focusing on...
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New non-bank breaks into broking
by Staff Reporter • 26 Nov 2014
A new non-bank with a focus on commercial lending has entered the third-party channel with an initial lending pool of...
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Payday lender hit with $42,500 penalty
by Staff Reporter • 26 Nov 2014
One payday lender has received an infringement notice from ASIC for breaching the responsible lending laws.
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Mutual lender takes aim at big four after lender acquisition
by James Mitchell • 26 Nov 2014
An Australian credit union has acquired a bank with a $570 million loan portfolio as part of its long-term growth...
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