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Breaking News
Australians continue to increase their borrowing power
by Staff Reporter • 8 Oct 2014
Both rich and poor households have strongly grown their disposable income during the most recent reporting period.
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Reserve Bank reveals cash rate decision - 2014
by Staff Reporter • 7 Oct 2014
The Reserve Bank of Australia has announced the result of its monthly board meeting.
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Brokers speak out against ‘artificial intervention’ in lending...
by Nick Bendel • 7 Oct 2014
Brokers have voiced concern about “micromanagement” and “artificial intervention” after regulators warned that...
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‘Big data and diversification equals more money’
by Staff Reporter • 7 Oct 2014
Brokers are losing revenue opportunities by failing to properly exploit customer data, according to one tech expert.
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Clients falling out of love with branch networks
by Nick Bendel • 7 Oct 2014
Brokers have reported that branch networks are losing their appeal, although regional borrowers may still value bricks...
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Sydney property prices still growing at double-digit rates
by Staff Reporter • 7 Oct 2014
Sydney continues to be the runaway leader for property price growth, new research has revealed.
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Interest rate hikes on the horizon
by Staff Reporter • 7 Oct 2014
Interest rates will remain on hold for the rest of 2014 but will begin steadily rising from 2015, according to a survey...
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Convergence set to enter new era
by Staff Reporter • 6 Oct 2014
Brokers have been warned of a growing challenge from accounting groups who see mortgage broking as a logical...
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Brokers defended at parliamentary inquiry
by Nick Bendel • 6 Oct 2014
The MFAA has defended the educational standards of brokers and dismissed the “old chestnut” that commissions...
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Rising property prices ‘more than offset’ by cheaper mortgages
by Nick Bendel • 6 Oct 2014
Housing affordability remains within long-term averages, according to surprising testimony from the Reserve Bank of...
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Aggregator nears financial planning milestone
by Staff Reporter • 6 Oct 2014
Astute Financial is poised to recruit its 100th financial planner three years after launching its advice business.
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House sales strong in NSW but weak in other states
by Staff Reporter • 6 Oct 2014
New home sales have already peaked despite bouncing back in August, according to the Housing Industry Association.
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Suncorp Bank reduces variable rate to 4.69pc
by Staff Reporter • 3 Oct 2014
Suncorp Bank has announced today that it has temporarily reduced its Home Package Plus discounted rate to 4.69 per...
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RBA tells borrowers to expect new mortgage rules
by Nick Bendel • 3 Oct 2014
New lending rules are highly likely to be introduced before the end of the year, according to the Reserve Bank of...
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First home buyers keep struggling in mortgage boom
by Staff Reporter • 3 Oct 2014
New aggregator statistics have confirmed the continuing growth in investor finance and fixed-rate loans.
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Low interest rates get credit for latest housing record
by Staff Reporter • 3 Oct 2014
New homebuilding approvals have set their second record in as many months.
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Brokers share $5,000 for mastering NRL and AFL
by Staff Reporter • 3 Oct 2014
Pepper has announced the winners of its football tipping competitions and is about to launch two more competitions for...
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Origin Finance and Chan & Naylor unite to form national brokerage
by Nick Bendel • 2 Oct 2014
A new national mortgage group will use white label products as part of a strategy to offer clients a one-stop shop for...
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Brokers accused of abusing SMSF rules
by Staff Reporter • 2 Oct 2014
One prominent financial planner has called on ASIC to take “urgent action” against brokers who abuse SMSF finance.
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Platform integration means more selling and less typing
by Staff Reporter • 2 Oct 2014
ALI Group and Stargate Group have made it easier for brokers to sell insurance by integrating a paperless online...
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Borrowers still have much to learn about credit: survey
by Staff Reporter • 2 Oct 2014
New Veda research has found that Australians have improved their credit scores but are largely unaware of the new...
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Vow Financial brokers raise more than $40,000 for charity
by Nick Bendel • 2 Oct 2014
Vow Financial brokers have shown their charitable side with two big fundraising efforts at their national conference in...
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Flat commission model would remove ‘perceived conflict of...
by Nick Bendel • 1 Oct 2014
The idea of an identical industry commission rate has garnered a positive response after commissions again became a...
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ASIC suspends firm’s licence for compliance breaches
by Staff Reporter • 1 Oct 2014
ASIC has placed a three-month trading ban on a firm that failed to meet its reporting obligations.
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Historic change hands more power to brokers
by Staff Reporter • 1 Oct 2014
Brokers have voted to change the MFAA constitution to allow direct elections to the board.
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