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Breaking News
ING Direct voted Australia’s best non-major bank
by Nick Bendel • 22 Sep 2014
Brokers have named ING Direct as Australia’s best non-major lender for the third consecutive year.
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ANZ tells inquiry: make disclosure documents simpler
by Nick Bendel • 22 Sep 2014
ANZ has called for disclosure documents to feature “plain English” and less irrelevant information.
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Govt urged to help banks improve their funding base
by Nick Bendel • 22 Sep 2014
Suncorp Bank has called on the federal government to develop a “national funding strategy” to promote stability and...
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Off-the-plan trend hurting first home buyers, says lobby group
by Michael Crawford • 22 Sep 2014
The real estate lobby has criticised the NSW government for a lack of appropriate development across the state.
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Australian First Mortgage appoints new BDM
by Staff Reporter • 22 Sep 2014
Australian First Mortgage has appointed a new BDM for New South Wales brokers.
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Inquiry fears of broker bias dismissed
by Nick Bendel • 19 Sep 2014
Aggregators and franchises have dismissed concerns raised at the Financial System Inquiry that broker recommendations...
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Loan Market to keep brokers and planners separate
by Nick Bendel • 19 Sep 2014
Loan Market has taken a stand on convergence by separating its broking business from its new financial planning...
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New mortgage tech forecast to make Australia a world leader
by Nick Bendel • 19 Sep 2014
The emerging national e-conveyancing network will transform Australia from being “quite far behind” other countries...
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Mortgage borrowers feeling increasingly confident
by Staff Reporter • 19 Sep 2014
Homebuyers are feeling more confident and experiencing less mortgage stress, although fewer people think now is a good...
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Property prices forecast to continue rising in 2015
by Staff Reporter • 19 Sep 2014
The housing market will continue its strong momentum well into 2015, a leading real estate expert has forecast.
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ME Bank tells federal inquiry: more broker disclosure needed
by Nick Bendel • 18 Sep 2014
Brokers should disclose more information to “minimise the adverse impact” caused by lender-owned aggregators, the...
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ASIC fines lender for ‘potentially misleading’ home loan ads
by Nick Bendel • 18 Sep 2014
One lender has been penalised almost $41,000 less than a month after the MFAA spoke out against the “widespread...
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Aussie makes another rate cut
by Staff Reporter • 18 Sep 2014
Aussie Home Loans has undercut the big banks by reducing its Select Basic Variable rate to all-time lows.
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Report paints Australia as global property powerhouse
by Staff Reporter • 18 Sep 2014
Australia is attracting a disproportionately high share of international real estate investment, according to a new...
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Brokers urged to provide more funding options to business clients
by Nick Bendel • 18 Sep 2014
New research has suggested that many commercial clients are expanding but are “unaware of the funding options”...
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ASIC announces review into self-reporting of rule breaches
by Nick Bendel • 17 Sep 2014
ASIC has said it usually takes no action against firms that admit regulatory breaches – but that failure to...
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Foreign clients could prefer common values to language
by Huntley Mitchell • 17 Sep 2014
Brokers are divided about how much clients value ethnicity, after one real estate mogul forecast that Indian buyers...
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Cash rate to stay at 2.5pc until Sep 2015: RBA
by Nick Bendel • 17 Sep 2014
The official cash rate will remain at a record-low 2.5 per cent “for the next year at least”, according to the...
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PLAN focuses on benchmarking and software as it turns 15
by Nick Bendel • 17 Sep 2014
PLAN Australia has unveiled a new benchmarking system for its 1,300 brokers as it prepares to celebrate its 15th...
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Big banks can sell home loans but not super: Roy Morgan
by Staff Reporter • 17 Sep 2014
The big four banks are good at selling home loans and credit cards but struggle to cross-sell superannuation.
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Sydney broker convicted of $3.6m loan fraud
by Staff Reporter • 16 Sep 2014
ASIC has helped convict a Sydney broker who created false documents in an attempt to secure more than $3.6 million of...
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Loan Market diversifies into financial planning
by Staff Reporter • 16 Sep 2014
Loan Market has advertised for experienced financial planners to join its new advice business.
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Tim Brown turns TV star in business reality show
by Nick Bendel • 16 Sep 2014
Prominent industry figures Tim Brown and Murray Lees have joined a Sydney broker in a business mentoring reality show.
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Smartline named best franchise in Australia
by Nick Bendel • 16 Sep 2014
Smartline Personal Mortgage Advisers has beaten more than 1,000 other groups to be named Australia’s top franchise.
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Buy real estate in cities not regional areas: John Symond
by Staff Reporter • 16 Sep 2014
Almost half of properties in Australia’s capital cities are selling for more than their listing price, according to...
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