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Breaking News
Key Sydney real estate crosses $1m mark
by Staff Reporter • 14 Nov 2014
Sydneysiders who want to buy a free-standing house within 10 kilometres of the CBD must now pay more than $1 million.
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Mortgage and auction numbers on the rise
by Nick Bendel • 14 Nov 2014
Lending has recorded strong growth over the past year, although the commercial sector has grown almost twice as fast as...
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Gail Kelly resigns from Westpac
by Staff Reporter • 13 Nov 2014
Westpac has announced today that Gail Kelly will retire as chief executive on February 1 after seven years in the...
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Some brokers surprisingly upbeat about new lending rules
by Nick Bendel • 13 Nov 2014
Smart brokers and investors could ironically benefit from plans to make investor loans more expensive.
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Aussie Home Loans continues growing and growing
by Staff Reporter • 13 Nov 2014
Aussie Home Loans has revealed it is expanding its Western Australian presence by 40 per cent.
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Bank offers 'low' rates and 100 per cent offset account
by Staff Reporter • 13 Nov 2014
Bank of Sydney has revealed plans to offer borrowers a variable rate of 4.69 per cent.
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Brokers get new tool to master new credit regime
by Staff Reporter • 13 Nov 2014
New online training courses will soon be available to help brokers learn about comprehensive credit reporting.
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National house price growth finally returns to single figures
by Staff Reporter • 13 Nov 2014
Expanding housing supply has been credited with reducing property prices to one-year lows.
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Rate war may be coming to an end, brokers warned
by Nick Bendel • 12 Nov 2014
Brokers may be running out of time to capitalise on the ongoing spate of rate cuts, which has now seen variable rates...
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Online property transfers finally possible
by Nick Bendel • 12 Nov 2014
Australia's emerging electronic conveyancing network has celebrated its "most significant milestone" with the launch of...
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Two in three investors plan to use brokers for next loan
by Nick Bendel • 12 Nov 2014
Property investors are fans of the third-party channel and could potentially help brokers build referral relationships,...
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Wide Bay Australia reduces variable rate to 4.65pc
by Staff Reporter • 12 Nov 2014
Wide Bay Australia has unveiled its lowest ever home loan rate after making cuts of up to 65 basis points.
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Heritage Bank waives application fees
by Staff Reporter • 12 Nov 2014
Heritage Bank borrowers can save up to $600 after the mutual temporarily waived application fees.
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Discharge times slammed as 'absolutely ludicrous'
by Nick Bendel • 11 Nov 2014
Banks have been urged to speed up their discharge times so clients are not "held to ransom" when they want to...
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Award-winning city broker boosts productivity by moving to the country
by Nick Bendel • 11 Nov 2014
One star broker has accidentally discovered the secret of being more accessible to his clients – moving 250...
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Investor lending share rises to 41.4pc
by Nick Bendel • 11 Nov 2014
Mortgage lending figures have continued to surge thanks to a 27.4 per cent jump in investor finance.
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AFG enjoys 17.2pc jump in volumes
by Nick Bendel • 11 Nov 2014
AFG has enjoyed another stellar month, with volumes and home loan sales at record levels.
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Aggregator highlights referral possibilities as part of rebrand
by Staff Reporter • 11 Nov 2014
Australian Loan Company has changed its name as part of a strategy to forge closer links with its sister financial...
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Should the big four banks return profits to brokers and borrowers?
by Nick Bendel • 10 Nov 2014
Large profits from the majors have raised the question of whether they should return some margin through higher...
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APRA criticises banks in mortgage crash stress test
by Nick Bendel • 10 Nov 2014
Australia's banks would initially cope well with a housing slump but would struggle to bounce back.
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New program could bring ‘dead leads’ back to life
by Huntley Mitchell • 10 Nov 2014
Brokers may have a new way to capitalise on clients who initially fail to qualify for finance.
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Profits up, LVRs down for Genworth
by Nick Bendel • 10 Nov 2014
Australia's booming housing market has delivered strong profit growth for Genworth, with a market analyst forecasting...
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Australia a world leader in property price growth
by Staff Reporter • 10 Nov 2014
A new global report has revealed Australia's house and unit values have more than tripled since 1975.
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ASIC issues new rules for brokers
by Nick Bendel • 7 Nov 2014
ASIC has updated its responsible lending guidelines in response to a landmark court case that is set for resolution...
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APRA warns lenders over high LVRs
by Nick Bendel • 7 Nov 2014
Banks that offer mortgages with LVRs above 90 per cent are taking serious risks, according to APRA.
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