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Breaking News
Brokers raising serious concerns about valuations
by Nick Bendel • 12 Dec 2014
More than half the brokers in a recent poll were unhappy with the valuations system, with concerns raised about...
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Regulator lays down the law on risk
by Nick Bendel • 12 Dec 2014
APRA has called for banks to demonstrate a "clear and unambiguous" risk appetite after confirming two new guides on...
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Bank of Sydney promises to be very accessible
by Nick Bendel • 12 Dec 2014
One of Australia's new third-party lenders has said it will not disappoint brokers on service in the way that some...
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Annual prices surge but quarterly results tell different story
by Nick Bendel • 12 Dec 2014
Sydney and Melbourne have recorded strong annual price growth that has continued to leave the smaller capitals far...
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Loan approval volumes up 10.3pc
by Nick Bendel • 12 Dec 2014
Mortgage lending remains strong despite a fall in the number of loan approvals.
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Bullish Firstfolio reveals ambitious growth strategy
by Nick Bendel • 11 Dec 2014
Firstfolio has unveiled plans to change its name, roll out new technology and double settlements.
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Brokers don't focus on commissions: survey
by Staff Reporter • 11 Dec 2014
New lender research has discovered that commissions are a minor consideration for 95 per cent of brokers.
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Aggregator reports strong growth in broker numbers
by Nick Bendel, Huntley Mitchell • 11 Dec 2014
Choice has reported network growth of almost 20 per cent as well as revealing that brokers are clamouring for social...
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FBAA slams credit agencies as error-prone and hard to reach
by Staff Reporter • 11 Dec 2014
Credit reporting agencies have been told to lift their game if they want more comprehensive credit reporting data.
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Liberty Financial moves into insurance
by Staff Reporter • 11 Dec 2014
One of Australia's non-bank lenders has diversified into insurance through a partnership with insurance giant CGU.
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APRA and ASIC 'turning up the dial' on banks
by Nick Bendel • 10 Dec 2014
Banks have been warned that regulators are targeting "higher-risk mortgage lending" as they look to maintain sound...
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Lender cuts fixed rates by 35 points
by Nick Bendel • 10 Dec 2014
Wide Bay Australia has made a play for brokers' holiday business by reducing its three-year fixed rates.
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Comprehensive credit reporting equals cheaper rates: report
by Nick Bendel • 10 Dec 2014
Lenders have been urged to embrace Australia's new credit regime, which has been forecast to make credit easier and...
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ASIC gives payday lender $478,000 bill
by Staff Reporter • 10 Dec 2014
ASIC has taken action against a company that tried to sidestep regulation by acting as both a broker and lender.
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Another big four bank predicts rate cut
by Nick Bendel • 10 Dec 2014
NAB has become the second major bank in a week to forecast that the official cash rate will fall in 2015.
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Pepper boss wins prestigious award
by Staff Reporter • 10 Dec 2014
Pepper co-group chief executive Patrick Tuttle has been named Financial Services Executive of the Year at The CEO...
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ANZ extends its home loan assessment activities
by Nick Bendel • 9 Dec 2014
ANZ is about to give a second major boost to customer service in less than a month after announcing a move to six-day...
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Make ASIC stronger: Murray
by Nick Bendel • 9 Dec 2014
The Financial System Inquiry has called for ASIC to be given greater power and has endorsed a model that would make...
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Federal inquiry attacks negative gearing
by Nick Bendel • 9 Dec 2014
One lender has come out in support of negative gearing, after it was criticised for distorting the market and posing a...
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Aggregator appoints new chief executive as MD departs
by Staff Reporter • 9 Dec 2014
Custom Equity Group has appointed David Haythorn as chief executive, while former managing director Sean O'Brien has...
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Sydney house prices 'due for a bit of a breather'
by Staff Reporter • 9 Dec 2014
Despite continued positive performance from the Sydney property market, one real estate group had said the fantastic...
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Murray proposes full disclosure of bank-owned brokers
by James Mitchell • 8 Dec 2014
The Financial System Inquiry has called for greater transparency of vertically-integrated broker groups, which could...
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Westpac forecasts cash rate to fall from 2.5pc to 2pc
by Nick Bendel • 8 Dec 2014
It is looking increasingly likely that the next move in interest rates will be down rather than up.
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Brokers must focus on service to combat online rivals
by Huntley Mitchell • 8 Dec 2014
Mortgage websites pose a threat to brokers who do nothing more than 'robotically' offer home loans, according to a web...
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Housing affordability down despite quarterly rise
by Staff Reporter • 8 Dec 2014
Property is proving to be less affordable for Australians, according to a report by Adelaide Bank and the Real Estate...
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