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Adelaide Bank hires new BDM
by Nick Bendel • 9 Oct 2014
Adelaide Bank has appointed its eighth BDM and revealed that more may be needed to cater for continuing growth.
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Lender makes another new appointment
by Staff Reporter • 9 Oct 2014
Australian First Mortgage has appointed industry veteran Rob Maloney as a credit services officer for NSW.
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Politicians trade barbs over mortgage candidate fraud
by Nick Bendel • 8 Oct 2014
The reported rise in fraudulent recruitment applications has turned political after the federal opposition accused the... READ MORE
New lending rules could threaten residential construction
by Nick Bendel • 8 Oct 2014
Regulators have been warned that ‘macroprudential tools’ could damage the “really strong pipeline” of new home... READ MORE
Sydney and Melbourne property prices set to fall
by Nick Bendel • 8 Oct 2014
Australia’s main housing markets have been forecast to start declining in 2016/2017, with significant price drops... READ MORE
Lender wins APRA approval to change name
by Staff Reporter • 8 Oct 2014
Brokers should now find it easier to sell one lender’s products after it added ‘bank’ to its name.
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Australians continue to increase their borrowing power
by Staff Reporter • 8 Oct 2014
Both rich and poor households have strongly grown their disposable income during the most recent reporting... READ MORE
Reserve Bank reveals cash rate decision - 2014
by Staff Reporter • 7 Oct 2014
The Reserve Bank of Australia has announced the result of its monthly board meeting.
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Brokers speak out against ‘artificial intervention’ in lending...
by Nick Bendel • 7 Oct 2014
Brokers have voiced concern about “micromanagement” and “artificial intervention” after regulators warned that... READ MORE
‘Big data and diversification equals more money’
by Staff Reporter • 7 Oct 2014
Brokers are losing revenue opportunities by failing to properly exploit customer data, according to one tech... READ MORE
Clients falling out of love with branch networks
by Nick Bendel • 7 Oct 2014
Brokers have reported that branch networks are losing their appeal, although regional borrowers may still value bricks... READ MORE
Sydney property prices still growing at double-digit rates
by Staff Reporter • 7 Oct 2014
Sydney continues to be the runaway leader for property price growth, new research has revealed.
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Interest rate hikes on the horizon
by Staff Reporter • 7 Oct 2014
Interest rates will remain on hold for the rest of 2014 but will begin steadily rising from 2015, according to a survey... READ MORE
Convergence set to enter new era
by Staff Reporter • 6 Oct 2014
Brokers have been warned of a growing challenge from accounting groups who see mortgage broking as a logical... READ MORE
Brokers defended at parliamentary inquiry
by Nick Bendel • 6 Oct 2014
The MFAA has defended the educational standards of brokers and dismissed the “old chestnut” that commissions... READ MORE
Rising property prices ‘more than offset’ by cheaper mortgages
by Nick Bendel • 6 Oct 2014
Housing affordability remains within long-term averages, according to surprising testimony from the Reserve Bank of... READ MORE
Aggregator nears financial planning milestone
by Staff Reporter • 6 Oct 2014
Astute Financial is poised to recruit its 100th financial planner three years after launching its advice... READ MORE
House sales strong in NSW but weak in other states
by Staff Reporter • 6 Oct 2014
New home sales have already peaked despite bouncing back in August, according to the Housing Industry... READ MORE
Suncorp Bank reduces variable rate to 4.69pc
by Staff Reporter • 3 Oct 2014
Suncorp Bank has announced today that it has temporarily reduced its Home Package Plus discounted rate to 4.69 per... READ MORE
RBA tells borrowers to expect new mortgage rules
by Nick Bendel • 3 Oct 2014
New lending rules are highly likely to be introduced before the end of the year, according to the Reserve Bank of... READ MORE
First home buyers keep struggling in mortgage boom
by Staff Reporter • 3 Oct 2014
New aggregator statistics have confirmed the continuing growth in investor finance and fixed-rate loans.
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Low interest rates get credit for latest housing record
by Staff Reporter • 3 Oct 2014
New homebuilding approvals have set their second record in as many months.
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Brokers share $5,000 for mastering NRL and AFL
by Staff Reporter • 3 Oct 2014
Pepper has announced the winners of its football tipping competitions and is about to launch two more competitions for... READ MORE
Origin Finance and Chan & Naylor unite to form national brokerage
by Nick Bendel • 2 Oct 2014
A new national mortgage group will use white label products as part of a strategy to offer clients a one-stop shop for... READ MORE
Brokers accused of abusing SMSF rules
by Staff Reporter • 2 Oct 2014
One prominent financial planner has called on ASIC to take “urgent action” against brokers who abuse SMSF... READ MORE
Platform integration means more selling and less typing
by Staff Reporter • 2 Oct 2014
ALI Group and Stargate Group have made it easier for brokers to sell insurance by integrating a paperless online... READ MORE
Borrowers still have much to learn about credit: survey
by Staff Reporter • 2 Oct 2014
New Veda research has found that Australians have improved their credit scores but are largely unaware of the new... READ MORE
Vow Financial brokers raise more than $40,000 for charity
by Nick Bendel • 2 Oct 2014
Vow Financial brokers have shown their charitable side with two big fundraising efforts at their national conference in... READ MORE
Flat commission model would remove ‘perceived conflict of...
by Nick Bendel • 1 Oct 2014
The idea of an identical industry commission rate has garnered a positive response after commissions again became a... READ MORE
ASIC suspends firm’s licence for compliance breaches
by Staff Reporter • 1 Oct 2014
ASIC has placed a three-month trading ban on a firm that failed to meet its reporting obligations.
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