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Breaking News
Historic change hands more power to brokers
by Staff Reporter • 1 Oct 2014
Brokers have voted to change the MFAA constitution to allow direct elections to the board.
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Debate continues about possible changes to home loan rules
by Nick Bendel • 1 Oct 2014
The federal government has dismissed fears that Australia is at risk of a US-style sub-prime crisis but welcomed talk...
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Investor lending grows 10.2pc
by Nick Bendel • 1 Oct 2014
New lending statistics from APRA have confirmed the sharp rise in investor finance that has concerned the Reserve Bank...
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Broking candidates forging police checks: recruitment agent
by Nick Bendel • 30 Sep 2014
Mortgage groups have been warned to be alert to candidate fraud after one recruitment agent said he had never seen such...
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Brokers call for non-majors to find points of difference
by Huntley Mitchell • 30 Sep 2014
Non-major lenders need to keep searching for ways to improve if they want to continue to compete with the big four,...
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Mozo users name ING Direct as Australia’s best bank
by Nick Bendel • 30 Sep 2014
Consumers have chosen ING Direct as Australia’s best bank and shown a clear preference for non-majors.
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RBA urged to think twice before changing home loan rules
by Staff Reporter • 30 Sep 2014
One property group has warned that Chinese investors could fare better than local buyers if the Reserve Bank of...
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Vow Financial continues financial planning push
by Staff Reporter • 30 Sep 2014
Vow Financial has strengthened its financial planning arm by appointing a new head of wealth management.
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Bankwest cuts two-year fixed rates to 4.59pc
by Staff Reporter • 29 Sep 2014
Bankwest has unveiled the lowest two-year fixed rates in its history.
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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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