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Breaking News
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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Teachers Mutual Bank targets Tasmania
by Nick Bendel • 1 Sep 2014
Teachers Mutual Bank has revealed plans to greatly expand its third-party business in Tasmania, which it sees as a...
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Big four post steady growth but smaller banks lead the way
by Nick Bendel • 1 Sep 2014
Australia’s big four banks have recorded steady – and remarkably similar – growth in their loan books during the...
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Good news and bad news for home sales
by Staff Reporter • 1 Sep 2014
New home sales are likely to decline this financial year but will still remain “historically elevated”, the Housing...
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Best Ethical/ Social Responsibility Program: Loan Market
by Reporter • 29 Aug 2014
Australian Broking Awards 2014
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Credit fraud responsibility ‘ultimately falls with the lender’
by Nick Bendel • 29 Aug 2014
Brokers have a role to play in combating industry fraud, but banks must bear the ultimate responsibility, according to...
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AMP Bank increases commissions by 20 points
by Nick Bendel • 29 Aug 2014
AMP Bank has offered brokers a temporary commission bonus to help attract customers “that may not have considered AMP...
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Firstfolio posts $4.1m loss but underlying profit
by Nick Bendel • 29 Aug 2014
Firstfolio has said it ended the financial year in a “much stronger position” despite moving from profit to loss.
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Profitable lender promises better back-end support
by Nick Bendel • 29 Aug 2014
Wide Bay Australia has promised brokers will get new loan consultants and better technology, after delivering strong...
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Think twice before increasing mortgage competition: Reserve Bank
by Nick Bendel • 29 Aug 2014
Increased mortgage competition might actually harm borrowers in the long run, according to the Reserve Bank of...
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Heritage Bank cuts rates to 3.99pc
by Staff Reporter • 28 Aug 2014
Heritage Bank has unveiled a one-year fixed rate of 3.99 per cent, which is the lowest rate of any kind in its 139-year...
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ME Bank unveils its lowest-ever three-year rate
by Nick Bendel • 28 Aug 2014
ME Bank has cut its three-year fixed standard home loan rate from 4.69 to 4.59 per cent.
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Bankwest announces commission bonus
by Staff Reporter • 28 Aug 2014
Bankwest has announced a three-month trail bonus of up to 15 basis points and revealed the offer may be extended.
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We need more power: ASIC
by Nick Bendel • 28 Aug 2014
ASIC has asked the federal government for more power so it can better protect consumers.
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ABS data shows new home building remains strong
by Staff Reporter • 28 Aug 2014
Residential construction has continued to surge ahead even as overall construction activity has declined.
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ASIC must give banks the same scrutiny as brokers: FBAA
by Nick Bendel • 27 Aug 2014
ASIC has been urged to “level the playing field” and ensure brokers and banks receive the same level of scrutiny.
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Targeted marketing ‘really makes a difference’
by Nick Bendel • 27 Aug 2014
The biggest mistake brokers make with marketing is not doing any, according to Best Marketing winner Connective.
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Housing market keeps powering banks
by Nick Bendel • 27 Aug 2014
The banking sector has become more profitable and is lending relatively greater amounts of money, according to new APRA...
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Sydney inner-city apartment prices set to keep rising
by Staff Reporter • 27 Aug 2014
Sydney inner-city apartments have been forecast to enjoy price growth of 21 per cent over the next seven years.
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Pepper launches online specialist lending course
by Staff Reporter • 27 Aug 2014
Pepper has unveiled a new online training course to help brokers master specialist lending.
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