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Broker loans jump 8.7pc as CBA posts $8.6bn profit
by Nick Bendel • 14 Aug 2014
Commonwealth Bank has told brokers it will continue investing in end-to-end loan processing, with brokers increasing...READ MORE
Suncorp lending impacted by ‘intensely competitive mortgage...
by Nick Bendel • 14 Aug 2014
Suncorp Group has delivered a modest profit while acknowledging that its mortgage business has performed below... READ MORE
Homebuilding market ‘strong’ but set to decline
by Staff Reporter • 14 Aug 2014
Homebuilding has been forecast to fall by 7.8 per cent during the next two years while renovation activity is expected... READ MORE
Gen Y less worried about debt than older generation
by Staff Reporter • 14 Aug 2014
New research shows that younger Australians are more disposed to accumulating debt than previous generations.
READ MORE
Aussie Home Loans chief executive resigns
by Staff Reporter • 13 Aug 2014
Aussie Home Loans has announced the resignation of chief executive Ian Corfield after just over one year with the... READ MORE
Brokers reveal data on Gen Y clients
by Huntley Mitchell • 13 Aug 2014
About half of brokers believe the biggest issue facing their under-35 clients is the ability to save for a... READ MORE
Aggregator pleased with 2013/2014 results
by Staff Reporter • 13 Aug 2014
National Mortgage Brokers has reported a “fairly solid” result for 2013/2014, which also included a monthly... READ MORE
Sydney property prices continue to defy gravity
by Staff Reporter • 13 Aug 2014
Sydney property prices have raised the national average to such an extent that every other capital city has recorded... READ MORE
Bluestone makes key hire to help growth plans
by Staff Reporter • 13 Aug 2014
Bluestone has hired a former NAB Broker regional manager as it looks to continue expanding following its return to the... READ MORE
MFAA reforms will allow members to elect board
by Nick Bendel • 12 Aug 2014
MFAA members will directly elect their board under new rules, although the board itself will choose Phil Naylor’s... READ MORE
ANZ follows other big four banks in cutting five-year rates
by Nick Bendel • 12 Aug 2014
All four majors now offer five-year fixed rates under five per cent after ANZ cut its rates.
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La Trobe Financial cuts rates by 139 points
by Staff Reporter • 12 Aug 2014
La Trobe Financial has reduced its rates by up to 139 basis points and also introduced a clearer pricing... READ MORE
Bendigo & Adelaide Bank grows broker income by 8.8pc
by Nick Bendel • 12 Aug 2014
Bendigo & Adelaide Bank has reported growth in its third-party business, although first home buyers’ share of... READ MORE
Renovations trend may be distorting property market
by Staff Reporter • 12 Aug 2014
Renovations may be good news for builders but they’re bad news for first home buyers, according to one... READ MORE
New lenders ‘very interested’ in broker channel: Haron
by Nick Bendel • 11 Aug 2014
Connective director Mark Haron has told brokers they can expect more lenders to follow Bank of Sydney into the... READ MORE
Resimac cuts risk fees
by Staff Reporter • 11 Aug 2014
Resimac Financial Services has made life easier for specialist clients by reducing its risk fees and adding credit... READ MORE
Reserve Bank forecasts more property growth
by Nick Bendel • 11 Aug 2014
The Reserve Bank of Australia has painted a positive picture of the housing market but taken a slightly gloomier view... READ MORE
Lending numbers rise as first home buyer numbers fall
by Staff Reporter • 11 Aug 2014
Australians continue to buy and build homes in large numbers, but first home buyers are still leaving the market,... READ MORE
Property prices set for spring showdown: RP Data
by Staff Reporter • 11 Aug 2014
RP Data has forecast that the “real test for the market” will come in late 2014, although property prices are... READ MORE
Bank of Sydney to enter third-party channel
by Nick Bendel • 8 Aug 2014
A new bank that is about to enter the third-party channel has promised brokers generous commissions and a favourable... READ MORE
Bankwest cuts fixed rates by 75 points
by Staff Reporter • 8 Aug 2014
Bankwest has become the latest bank to cut its five-year rates, while it has also made changes to its other fixed... READ MORE
QBE report reveals why people use a bank or broker
by Nick Bendel • 8 Aug 2014
A significant number of borrowers believe going direct to lender is more convenient and produces a better deal,... READ MORE
ASIC urged to take charge of credit repair industry
by Nick Bendel • 8 Aug 2014
The credit repair industry should be regulated by ASIC and be legally required to act in clients’ best interests,... READ MORE
Bluebay Home Loans expands BDM network
by Nick Bendel • 8 Aug 2014
Bluebay Home Loans has appointed a new BDM and flagged plans to add further relationship managers.
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Teachers Mutual Bank cuts two-year rate to 4.67pc
by Staff Reporter • 7 Aug 2014
Teachers Mutual Bank has reduced its two-year fixed rate from 4.83 per cent to 4.67 per cent.
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Broker opens overseas outsourcing business
by Nick Bendel • 7 Aug 2014
A mortgage broker has launched a processing hub in India that he said would allow brokers to focus on sales rather than... READ MORE
Heritage Bank targets an increase in broker sales
by Nick Bendel • 7 Aug 2014
Heritage Bank has revealed plans to grow its third-party sales through new products after its broker business went... READ MORE
Sydney bubble unlikely to burst
by Staff Reporter • 7 Aug 2014
Sydney property prices are set to keep increasing due to population and land pressures, according to a local buyer’s... READ MORE
Advertising guru and RAF pilot to speak at mortgage conference
by Staff Reporter • 7 Aug 2014
Loan Market has recruited a famous advertising executive, a former war pilot and a business futurist to address its... READ MORE
No link between commissions and recommendations, say brokers
by Nick Bendel • 6 Aug 2014
Opinion is divided on why lenders have been increasing their commissions, with brokers insistent that it doesn’t... READ MORE
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