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Breaking News
Nominations open for state-by-state broking awards
by Staff Reporter • 29 Sep 2014
The process to find the leading brokers in each state has begun, with nominations now open for the 2015 Better Business...
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Melbourne car finance broker loses credit licence
by Staff Reporter • 29 Sep 2014
ASIC has cancelled the credit licence of a car finance broker for “failing to comply with numerous responsible...
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RBA flags possible changes to home loan rules
by Staff Reporter • 29 Sep 2014
The Reserve Bank of Australia has raised the possibility of implementing new rules to cool the property market.
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ABS reports strong credit growth, moderate population growth
by Nick Bendel • 29 Sep 2014
Household borrowings of loans have reached record levels, according to the Australian Bureau of Statistics.
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More good news on commissions may be coming: Symond
by Nick Bendel • 26 Sep 2014
Aussie Home Loans executive director James Symond has forecast that more lenders may follow the Commonwealth Bank’s...
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Prominent economist sounds alarm over property speculation
by Staff Reporter • 26 Sep 2014
Shane Oliver has warned that the Reserve Bank of Australia could soon take action to deal with the “danger signs”...
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Federal inquiry hears call for equity release reform
by Nick Bendel • 26 Sep 2014
ASIC has been urged to lead a regulation and information campaign to make equity release products safer and more...
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More than a quarter of new buyers save for at least five years
by Staff Reporter • 26 Sep 2014
First home buyers are struggling to enter the market but are keeping their mortgage repayments under control, according...
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Homeloans announces new addition to BDM team
by Staff Reporter • 26 Sep 2014
Homeloans has recruited its fifth BDM in three months and forecast further growth in the coming 12 months.
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Commonwealth Bank announces new commission structure
by Staff Reporter • 25 Sep 2014
The Commonwealth Bank has announced the new commission structure it foreshadowed earlier this year.
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Brokers tipped to win from ASIC reforms
by Nick Bendel • 25 Sep 2014
The recent tightening of low-doc lending standards has been highlighted as an opportunity to re-engage with a lucrative...
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RBA report reveals secrets of big four’s ‘strong profitability’
by Nick Bendel • 25 Sep 2014
Australia’s big four have developed world-class efficiency thanks partly to focusing on mortgages and outsourcing,...
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Less waste means better service, says award-winning broker
by Nick Bendel • 25 Sep 2014
Regular efficiency drives have helped a Brisbane broker achieve the highest customer satisfaction ratings in the Aussie...
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Vow recruits Glenn Mitchell
by Staff Reporter • 25 Sep 2014
Vow Financial has appointed former MFAA stalwart Glenn Mitchell to the new position of head of commercial and leasing.
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Federal inquiry report calls for planning and zoning reform
by Staff Reporter • 25 Sep 2014
A federal review has called for national reforms in an effort to improve inefficient planning and zoning processes.
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ASIC celebrates low-doc success
by Nick Bendel • 24 Sep 2014
ASIC has celebrated the success of its responsible lending laws, which it said have delivered improved outcomes for...
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Brokers unconvinced by lenders that buy business
by Nick Bendel • 24 Sep 2014
Brokers are lukewarm on the recent wave of lender cashback offers, with some calling for faster turnarounds and more...
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P&N Bank tells federal inquiry to be tougher on big banks
by Nick Bendel • 24 Sep 2014
Confidence in the financial system “could be eroded even further” if the major banks are not “overtly...
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GFC marked turning point in land values
by Staff Reporter • 24 Sep 2014
The recent property recovery has widened the gap between prices for land in capital cities and the regions, according...
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Tech-savvy borrowers make better clients
by Staff Reporter • 24 Sep 2014
Tablet users have higher savings balances and more products than non-tablet users, according to ING Direct.
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Vow and Resi hold key to Yellow Brick Road profit target
by Nick Bendel • 23 Sep 2014
Yellow Brick Road would be “highly unlikely” to post its first ever profit in 2014/2015 if not for its two recent...
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Bank of Queensland settles Storm Financial cases
by Nick Bendel • 23 Sep 2014
Bank of Queensland’s profits will be hit by more than $22 million after it reached a settlement with ASIC over the...
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NAB offers $1,000 to new borrowers
by Staff Reporter • 23 Sep 2014
NAB has taken a shot at its big bank rivals after unveiling a temporary $1,000 cashback offer for new borrowers.
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We need negative gearing: housing lobby
by Staff Reporter • 23 Sep 2014
Restricting access to negative gearing would reduce housing investment and affordability, according to new research.
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Greater demand for properties in outer suburbs
by Staff Reporter • 23 Sep 2014
Properties in Melbourne’s outer suburbs recorded the shortest timeframe between being listed and sold, according to...
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