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Breaking News
Training boosted for online mortgage tool
by Staff Reporter • 26 Nov 2014
NextGen.Net has upgraded its training for brokers and lenders to maximise their awareness and use of its ApplyOnline...
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ASIC slaps director with 10-year credit ban
by Staff Reporter • 25 Nov 2014
ASIC has cancelled the credit licence of Net Finance and issued lengthy bans to two of its staff.
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Lenders have final say on broker commissions
by James Mitchell • 25 Nov 2014
Seventeen lenders have publicly responded to an eleventh-hour submission from AFG to the Financial System Inquiry...
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Variable rates now fall to 4.39 per cent
by Staff Reporter • 25 Nov 2014
Heritage Bank has stunned the market for the second time in three months with another ultra-low rate.
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Better Business Summit wins prestigious national recognition
by Staff Reporter • 25 Nov 2014
The Better Business Summit has been recognised as the best business event in Australia at the prestigious Publishers...
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Housing starts forecast to jump 13.3pc this year
by Staff Reporter • 25 Nov 2014
More evidence has emerged that property prices may be cooling, with Australia on track to build a record number of new...
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'The great Australian dream of home ownership is not fading away'
by Staff Reporter • 25 Nov 2014
Concerns that younger Australians are being locked out of the housing market are misguided, according to John Kolenda.
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AFG warns Murray against scrapping commissions
by James Mitchell • 24 Nov 2014
In a surprise last-minute submission, mortgage aggregator AFG has urged David Murray to consider the significance of...
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ASIC wraps more red tape around brokers
by Nick Bendel • 24 Nov 2014
Brokers have been warned that the recently updated responsible lending guidelines will mean more paperwork and...
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Sydney headed for price downturn
by Vivienne Kelly • 24 Nov 2014
Australia's largest city faces a correction in property prices if current growth levels continue for much longer,...
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Most investors plan to buy again within 12 months
by Nick Bendel • 24 Nov 2014
Now is the perfect time for brokers to renew contact with old investor clients, according to new research.
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Housing key to state growth
by Staff Reporter • 24 Nov 2014
Residential construction was a key source of growth for several state economies during 2013/2014, according to the...
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ANZ to arm brokers with cutting-edge tools
by Nick Bendel and James Mitchell • 21 Nov 2014
ANZ is about to launch a new online toolkit that will allow brokers to model complicated scenarios with their clients...
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Michael Russell shines light on succession plan
by Nick Bendel • 21 Nov 2014
Mortgage Choice's outgoing boss has revealed he will help to find his successor, with financial planning experience...
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Resi spinoff retains broker offering
by James Mitchell • 21 Nov 2014
A Resi-affiliated mortgage manager, which was not acquired by Yellow Brick Road as part of its $36 million deal with...
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Lender warns comparison rates could be ‘misleading’
by Staff reporter • 21 Nov 2014
Heritage Bank has warned brokers and borrowers to dig deeper to find the right loan, as comparison rates could be...
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'Maintenance of the status quo is not an option'
by Staff Reporter • 21 Nov 2014
Australia's mutual banks are finding it increasingly difficult to remain competitive in the mortgage market, according...
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Rivals and peers hail 'one of the best deal makers in the industry'
by Nick Bendel • 20 Nov 2014
Outgoing Mortgage Choice chief executive Michael Russell has been saluted by his fiercest rival.
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Brokers and banks at odds about state of mortgage market
by Nick Bendel • 20 Nov 2014
Brokers are three times likelier than mainstream banks to be concerned about APRA's regulatory position.
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Commercial loans 'not for everyone', brokers say
by James Mitchell • 20 Nov 2014
Brokers who have successfully integrated commercial lending into their business say that while the benefits are...
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Westpac breaks through as most popular big four lender
by Staff Reporter • 20 Nov 2014
Australians have voted Westpac as their favourite major bank for the first time in a decade.
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Prominent mortgage identity leaves lender
by James Mitchell • 20 Nov 2014
Darren McLeod has resigned from Firstmac after nine years with the non-bank.
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Mortgage Choice CEO announces retirement
by Staff Reporter • 19 Nov 2014
Mortgage Choice has announced that chief executive Michael Russell will retire.
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Former Homeloans chair transformed mortgage industry
by Nick Bendel • 19 Nov 2014
Timothy Holmes has been remembered as a pioneer of the non-bank sector who forced the banks to lower mortgage rates and...
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Productivity improvements help drive record results: John Symond
by Staff Reporter • 19 Nov 2014
Aussie Home Loans could be on track for another stellar year after posting record settlement and application figures in...
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