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Breaking News
Aggregator calls for housing market reform
by Staff Reporter • 13 Oct 2014
National Mortgage Brokers has called for governments to help first home buyers by removing the obstacles to new...
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Investor boom continues as loan commitments jump 29.3pc
by Nick Bendel • 13 Oct 2014
Investor finance commitments have been growing at almost three times the rate of owner-occupied mortgages.
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First home buyers want new mortgage options: survey
by Staff Reporter • 13 Oct 2014
Almost half of young Australians want superannuation or salary rules to change so they can enter the housing market.
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Heritage Bank announces 30-point rate cut
by Nick Bendel • 10 Oct 2014
Heritage Bank has “recognised the need to offer sharper pricing” by unveiling a discounted variable rate of 4.69...
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Bank of Queensland plans big broker expansion
by Nick Bendel • 10 Oct 2014
Bank of Queensland has announced plans to almost double its pool of accredited brokers this financial year after...
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ASIC links insurance non-compliance to high commissions
by Staff Reporter • 10 Oct 2014
Firms that sell life insurance have been put on notice after an ASIC review found high levels of non-compliance.
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Historic election process underway
by Nick Bendel • 10 Oct 2014
Nominations have opened for the first direct election in MFAA history, with the association expecting a turnout of...
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Expanding lender keeps expanding BDM team
by Nick Bendel • 10 Oct 2014
Bluestone has now added its sixth BDM in 2014 and has revealed plans to add up to four more in the coming year.
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Brokers making limited use of lending panels
by Nick Bendel • 9 Oct 2014
Most brokers regularly use a maximum of six lenders, while a surprisingly high number favour just one or two, according...
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Surging Chinese demand drives rapid growth for brokerage
by Nick Bendel, James Mitchell • 9 Oct 2014
The Sydney and Melbourne investor markets are running so hot that one China-focused brokerage has forecast doubling its...
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More to housing market than just Sydney and Melbourne
by Nick Bendel • 9 Oct 2014
Commentators and policymakers have been reminded that a majority of Australia’s population live outside the big two...
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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...
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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...
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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...
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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 period.
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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...
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‘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 expert.
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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...
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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...
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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...
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