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Breaking News
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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Westpac cuts three-year rates
by Staff Reporter • 19 Aug 2014
Westpac has announced another rate cut, with its three-year fixed rate falling by five basis points.
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CBA cuts fixed rates by 50 points
by Staff Reporter • 19 Aug 2014
Commonwealth Bank has continued cutting its fixed rates by announcing cuts of up to 50 basis points.
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Pepper launches new 85pc prime home loan
by Staff Reporter • 19 Aug 2014
Pepper has extended its prime product range, with customers now able to borrow from 4.85 per cent at up to 85 per cent...
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Brokers win and lose in latest mortgage figures
by Staff Reporter • 19 Aug 2014
Brokers have lost market share but continued to drive growth in mortgage lending.
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NAB home loan balances grow 8.5pc
by Nick Bendel • 19 Aug 2014
NAB has reported “good growth in mortgage lending” despite its net profit remaining steady.
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Mark Davis named Australia’s top broker
by Staff Reporter • 18 Aug 2014
Mark Davis has confirmed his star status by being crowned Broker of the Year at the Australian Broking Awards.
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ANZ home loans business keeps growing
by Nick Bendel • 18 Aug 2014
ANZ has reported strong loan growth and increased profit in its latest trading update.
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Australians wary about buying now
by Vivienne Kelly • 18 Aug 2014
Despite booming investor activity in property markets across the country, an increasing number of people believe the...
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Surprise data: affordable inner-city housing exists
by Staff Reporter • 18 Aug 2014
Affordable inner-city housing can still be found in all capital cities except Sydney, although time may be running out,...
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MyState hires another ex-Westpac mortgage executive
by Staff Reporter • 18 Aug 2014
MyState has announced the appointment of Huw Bough, six weeks after hiring another former Westpac executive, Melos...
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More bad news for creditors in $11.5m brokerage collapse
by Nick Bendel • 15 Aug 2014
Creditors of an insolvent mortgage and financial services group are facing a multimillion-dollar haircut, as the...
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No new regulation needed for mortgage broking: Labor Party
by Nick Bendel • 15 Aug 2014
The federal Labor Opposition has endorsed existing consumer protections but would consider new regulation if it saw...
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Teaser rates are ‘tricky marketing’, says lender
by Staff Reporter • 15 Aug 2014
One lender has hit out at “tricky marketing” by rivals that could potentially lead to borrowers paying more than...
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Aussie Home Loans partners with Virgin
by Staff Reporter • 15 Aug 2014
Aussie Home Loans clients can earn free overseas travel when they take out mortgages under a new partnership with...
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La Trobe pays bonus to AFG brokers
by Staff Reporter • 15 Aug 2014
AFG brokers will receive a bonus upfront payment from La Trobe Financial after reaching their annual volume targets.
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Citibank offers brokers 4.65pc variable rate
by Staff Reporter • 14 Aug 2014
Citibank has unveiled a 4.65 per cent variable rate for deals that exceed $750,000 with a maximum LVR of 80 per cent.
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Broker loans jump 8.7pc as CBA posts $8.6bn profit
by Nick Bendel • 14 Aug 2014
Commonwealth Bank has told brokers it will continue investing in end-to-end loan processing, with brokers increasing...
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Suncorp lending impacted by ‘intensely competitive mortgage...
by Nick Bendel • 14 Aug 2014
Suncorp Group has delivered a modest profit while acknowledging that its mortgage business has performed below target.
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Homebuilding market ‘strong’ but set to decline
by Staff Reporter • 14 Aug 2014
Homebuilding has been forecast to fall by 7.8 per cent during the next two years while renovation activity is expected...
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Gen Y less worried about debt than older generation
by Staff Reporter • 14 Aug 2014
New research shows that younger Australians are more disposed to accumulating debt than previous generations.
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Aussie Home Loans chief executive resigns
by Staff Reporter • 13 Aug 2014
Aussie Home Loans has announced the resignation of chief executive Ian Corfield after just over one year with the...
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