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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... READ MORE
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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. READ MORE
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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. READ MORE
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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... READ MORE
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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. READ MORE
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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. READ MORE
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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... READ MORE
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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. READ MORE
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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. READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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. READ MORE
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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... READ MORE
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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... READ MORE
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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. READ MORE
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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... READ MORE
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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”... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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. READ MORE
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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... READ MORE