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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
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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. READ MORE
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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. READ MORE
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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. READ MORE
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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... READ MORE
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Survey reveals savings goals and techniques
by Staff Reporter • 16 Sep 2014
Property is the most popular goal for people who are actively saving money, according to new research. READ MORE
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Debate continues about mixing broking and planning
by Nick Bendel • 15 Sep 2014
The convergence debate shows no signs of ending, with industry figures continuing to dispute whether brokers should... READ MORE
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E-conveyancing will mean more competition, inquiry told
by Nick Bendel • 15 Sep 2014
An emerging mortgage technology has been hailed as a way for smaller lenders to “capture a greater share of the... READ MORE
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Sintex cuts rates, adds commissions
by Nick Bendel • 15 Sep 2014
Sintex has cut its variable rates and introduced upfront payments for commercial loans. READ MORE
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Pre-GFC glory days return as house sales reach six-year highs
by Staff Reporter • 15 Sep 2014
House sales have reached their highest levels since before the GFC, although they may have peaked, according to new... READ MORE
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Suncorp Bank creates new tier of broker support
by Staff Reporter • 15 Sep 2014
Suncorp Bank has boosted its broker support by hiring seven business development officers to work alongside its BDMs. READ MORE
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CBA turnaround times back on track
by Nick Bendel • 12 Sep 2014
Commonwealth Bank has returned its SLAs to normal levels after reports that the lender had struggled to maintain... READ MORE
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Six months on, new credit rules yet to impress
by Nick Bendel • 12 Sep 2014
The new credit rules that began exactly six months ago appear to have gone unnoticed even though they are expected to... READ MORE
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Small banks have ‘major disincentive to growth’
by Nick Bendel • 12 Sep 2014
The federal government has been warned that existing capital rules reduce the incentive for smaller banks to challenge... READ MORE
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Price growth below inflation in two capital cities
by Staff Reporter • 12 Sep 2014
Hobart has joined Sydney and Melbourne as fast-moving markets, while Perth and Darwin appear to be stagnating. READ MORE
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Bank and mortgage manager form strategic alliance
by Staff Reporter • 12 Sep 2014
Ballast Finance’s wholesale mortgage management arm has signed a strategic alliance with Tasmanian lender MyState. READ MORE