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Breaking News
MFAA warns brokers about fraud
by Nick Bendel • 5 Sep 2014
Brokers have backed a call from the MFAA to be on the alert for clients who may want to use false documents to defraud...
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Aussie Home Loans settlements grow 18pc
by Staff Reporter • 5 Sep 2014
Aussie Home Loans has set itself “even more ambitious growth targets” after enjoying a record year of settlements.
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Pepper plans acquisition, offers clients $1,000 cashback
by Nick Bendel • 5 Sep 2014
Pepper has revealed it is on the verge of acquiring a new lender, while it will also give new borrowers $1,000 cashback...
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Macquarie buys ING Direct non-branded loans
by James Mitchell • 5 Sep 2014
Macquarie Bank has purchased a $1.5 billion portfolio of non-branded mortgages from ING Direct.
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Aggregator appoints new GM of sales & marketing
by Nick Bendel • 5 Sep 2014
Australian Loan Company has announced a major new appointment as it looks to “keep up" with its rivals.
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Australian Broking Awards 2014: highlights
by Reporter • 4 Sep 2014
Australian Broking Awards 2014
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Multinational firm renews fee-for-service debate
by Nick Bendel • 4 Sep 2014
Brokers have rejected a call from a professional services giant to give up “conflicted remuneration” commissions in...
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Low interest rates won’t solve housing problems: RBA
by Nick Bendel • 4 Sep 2014
Borrowers shouldn’t expect Australia’s low interest rates to produce affordable housing, according to the Reserve...
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Young Broker of the Year submissions open
by Staff Reporter • 4 Sep 2014
The countdown is on to discover if Perth star James Chatfield can retain his title as Young Broker of the Year.
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Mortgage burden eases slightly for Australian families
by Staff Reporter • 4 Sep 2014
New housing data has revealed it has become slightly easier to afford a mortgage but that first home buyer numbers...
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Homeloans expands BDM team
by Staff Reporter • 4 Sep 2014
Homeloans has added two BDMs to New South Wales in expectation of further growth in the eastern states.
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ASIC gives broker nine-year ban
by Staff Reporter • 3 Sep 2014
ASIC announced today that it has banned a Gold Coast broker for providing lenders with false or misleading...
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Companies face $7.7m fines in ‘landmark’ NCCP prosecution
by Nick Bendel • 3 Sep 2014
Two companies could each be penalised $7.7 million after the Federal Court found them guilty of breaching their...
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50pc jump in brokers profiting through social media
by Nick Bendel • 3 Sep 2014
One expert has issued a warning about shunning social media as new research confirmed it is generating increasing...
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AFG first home buyer numbers fall to 2010 levels
by Nick Bendel • 3 Sep 2014
AFG has reported a sharp slowing of mortgage growth and a big drop in first home buyer numbers.
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Australians can now check credit scores online
by Staff Reporter • 3 Sep 2014
Borrowers can now “push for a better deal” thanks to a new website that will let Australians check their credit...
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Another housing record gets broken
by Staff Reporter • 3 Sep 2014
New home building approvals have reached their highest level since records began in 1984.
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Reserve Bank leaves cash rate at 2.5pc
by Nick Bendel • 2 Sep 2014
The Reserve Bank has backed up the prediction of most economists by leaving the official cash rate at a record-low 2.5...
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Yellow Brick Road forecasts first profit in group history
by Nick Bendel • 2 Sep 2014
Yellow Brick Road has forecast that it will finally post a profit in 2014/2015, following $29 million of losses over...
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Brokers bank on low rates but warn clients to be prepared
by Nick Bendel • 2 Sep 2014
Brokers have backed the consensus view among economists that the official cash rate will remain at 2.5 per cent in...
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LMI makes sense, say prominent brokers
by Nick Bendel • 2 Sep 2014
Prominent brokers have endorsed LMI as part of a Genworth campaign to promote mortgage insurance.
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Prices skyrocket in big cities, crawl in smaller capitals
by Nick Bendel • 2 Sep 2014
Sydney and Melbourne property prices have increased by about 50 per cent since 2009, while Hobart prices have actually...
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Lenders offer no-LMI loans up to 85pc LVR
by Staff Reporter • 2 Sep 2014
MyState and The Rock will no longer require mortgage insurance for loans up to 85 per cent LVR.
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MFAA and smaller banks take aim at big four
by Nick Bendel • 1 Sep 2014
The MFAA has been joined by 100 banks in warning the federal government that the big four have too much market power.
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Tech is key to client happiness: Best Customer Service winner
by Nick Bendel • 1 Sep 2014
The brokerage judged to have Australia’s best customer service has said it keeps clients happy by using technology to...
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