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Breaking News
Aggregators urged to help brokers comply with ASIC
by Nick Bendel • 26 Aug 2014
Outsource Financial has called for aggregators to educate their members so brokers don’t break home loan advertising...
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Young star aiming to become $100m broker
by Nick Bendel • 26 Aug 2014
The 26-year-old named the industry’s best new broker has improved so rapidly that he expects to triple his volumes in...
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Settlements up but loan book down at Homeloans
by Nick Bendel • 26 Aug 2014
Homeloans has reported growth in broker settlements and brand recognition, although profit has fallen.
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La Trobe extends commercial terms to 25 years
by Staff Reporter • 26 Aug 2014
La Trobe Financial has extended the loan terms available on commercial lending products to 25 years.
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Brokers with hearing problems advised to seek help
by Nick Bendel • 26 Aug 2014
A Genworth executive who went deaf in one ear has advised brokers with hearing problems to seek help during Hearing...
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‘High-risk’ credit applications rise 52pc in two years
by Nick Bendel • 25 Aug 2014
Some banks remain naive about credit fraud, despite a 52 per cent jump in suspicious applications in the past two...
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Star broker gets 75pc of business from accountants
by Nick Bendel • 25 Aug 2014
Australia’s Finance Broker of the Year focuses on accountants because they are the “key influencers” of...
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Online mortgage threat still years away: Mortgage Choice
by Nick Bendel • 25 Aug 2014
Mortgage Choice has said that brokers have nothing to fear from digital rivals – at least for now.
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MyState profits fall, margin pressure forecast
by Nick Bendel • 25 Aug 2014
The MyState group has posted a modest annual profit despite its banking business going backwards.
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‘We want to attract more female brokers to the FAST network’
by Staff Reporter • 25 Aug 2014
FAST has revealed it wants to recruit more female brokers as its second annual Women in Finance roadshow draws to a...
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Mortgage Choice posts record result
by Nick Bendel • 22 Aug 2014
Mortgage Choice has delivered a record profit and settlement result, while continuing to expand the non-broking share...
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False mortgage advertising is ‘widespread’: MFAA
by Staff Reporter • 22 Aug 2014
Brokers have been warned about the “widespread industry practice” of “false home loan advertising”.
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AMP Bank posts strong mortgage growth
by Nick Bendel • 22 Aug 2014
AMP Bank has increased its earnings despite the parent group reporting falling revenues and profits.
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Australians want more transparent banking: survey
by Staff Reporter • 22 Aug 2014
New research commissioned by Australia’s smaller banks has found that people want more transparency regarding rates...
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FBAA announces national conference
by Staff Reporter • 22 Aug 2014
The FBAA has said it will show brokers how to “maximise their revenue” at its upcoming national conference.
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Broker tells court: I stole money to help clients
by Staff Reporter • 21 Aug 2014
A broker has told a court that he dishonestly used money from new clients to help existing customers meet their...
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Broker spots big opportunity in migrant boom
by Nick Bendel • 21 Aug 2014
One broker is about to launch an Indian mortgage group to capitalise on the large numbers of Indians moving to growth...
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Credit files can be repaired for free, says association
by Nick Bendel • 21 Aug 2014
Brokers have been urged to familiarise themselves with credit legislation so they can help clients repair their credit...
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Low interest rates set to boost economy: Reserve Bank
by Staff Reporter • 21 Aug 2014
Interest rates are likely to remain at record lows and to drive an increase in business investment, according to the...
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National conveyancing firm increases broker support
by Nick Bendel • 21 Aug 2014
Slater & Gordon’s Conveyancing Works has appointed a new national sales manager to better support brokers.
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Broker of the Year avoids discussing rates
by Nick Bendel • 20 Aug 2014
The man judged Australia’s best broker has said there is “far greater value than just offering rates” and only...
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LJ Hooker goes retail with new high street brokerages
by Nick Bendel • 20 Aug 2014
LJ Hooker Home Loans is about to boost its profile by opening the first in a series of highly visible local...
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QBE plans partial sale of ‘highly profitable’ LMI business
by Nick Bendel • 20 Aug 2014
QBE Insurance has announced plans to float a minority stake of its Australian mortgage insurance business.
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Brokers critical to our business: Suncorp Bank
by Nick Bendel • 20 Aug 2014
Suncorp Bank has said it will rely on brokers as it aims to keep growing market share outside its Queensland base.
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Banks concede lack of control over foreign housing funds
by Staff Reporter • 20 Aug 2014
Australian banks have admitted to having limited control over the financing of residential purchases by overseas...
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