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Breaking News
Cash flow lender eyes broker business
by Nick Bendel • 26 Jun 2014
The new general manager of a cash flow lender has offered brokers “generous upfront and ongoing commission” in...
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Brokers jump at free marketing support
by Staff Reporter • 26 Jun 2014
Over 100 businesses so far have taken up the offer of free MFAA marketing support.
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Sydney and Melbourne auctions set to break records
by Staff Reporter • 26 Jun 2014
Auction market records are on the verge of being broken, with the usually quieter winter selling season nowhere in...
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Commission increase spurs industry debate
by Nick Bendel • 25 Jun 2014
Prominent industry figures are divided about whether NAB can expect increased volumes from its commission restructure...
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John Symond urges govt not to over-regulate
by Staff Reporter • 25 Jun 2014
Aussie Home Loans executive chairman John Symond has warned that consumers will suffer if the industry is...
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No bubble despite ‘difficult affordability conditions’: Residex
by Staff Reporter • 25 Jun 2014
Australia’s property market has been tipped to avoid a bubble, despite most Australians having to spend more than 30...
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Lender grows mortgage business by 55pc
by Staff Reporter • 25 Jun 2014
One lender has announced plans to double its mortgage business after reporting a big increase in broker-referred...
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Report reveals where Australians put their salary
by Staff Reporter • 25 Jun 2014
Borrowers who are struggling to save a deposit are probably spending half their income on rent, utilities and...
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Major bank ramps up commission
by Alex Whitlock, Nick Bendel • 24 Jun 2014
In a shock announcement, first-year trail commission has been reintroduced by one of the big four banks.
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Bank cuts variable rates again
by Staff Reporter • 24 Jun 2014
One lender has announced a rate cut of 20 basis points less than two months after announcing a 25-point cut.
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CBA ‘ignored evidence of $100m fraud’: Fairfax
by Staff Reporter • 24 Jun 2014
Fairfax Media has reported that the Commonwealth Bank “repeatedly ignored evidence of an alleged $100 million fraud...
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Lender follows May rate cut with June cut
by Staff Reporter • 24 Jun 2014
Brokers have been offered “minimal costs at high-end LVRs” after one lender cut 10 basis points from one of its...
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Tech-savvy brokers ‘will ultimately win the day’
by Staff Reporter • 24 Jun 2014
Almost half of brokers say they’re unhappy with their current aggregator software platforms and one third would...
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Best holiday destinations for investment revealed
by Staff Reporter • 24 Jun 2014
Cessnock and Byron Bay are the surprise winners in a new report that reveals which top holiday destinations bring in...
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More competition could be mixed blessing, say brokers
by Nick Bendel • 23 Jun 2014
Brokers have backed an association’s call for more competition in the market even though there’s division on...
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Salary policy ‘paying off handsomely’ for $3bn brokerage
by Nick Bendel • 23 Jun 2014
Resolve Finance has forecast 23 per cent annual growth thanks in part to a hiring policy that involves paying a base...
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Foreigners not pricing new buyers out of market: RBA
by Nick Bendel • 23 Jun 2014
An official report has dismissed fears that first home buyers are being priced out of the market by rising numbers of...
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House prices to continue rising in all capital cities
by Staff Reporter • 23 Jun 2014
Brisbane and Sydney will be the clear leaders in house price growth over the next three years, a new report has...
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Big banks praised for social media skills
by Staff Reporter • 23 Jun 2014
Three major banks have been recognised for their postings on LinkedIn by being named among the site’s top 10 most...
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National group on target to add 100 brokers
by Nick Bendel • 20 Jun 2014
Mortgage Choice has revealed that a successful recruitment scheme has put it on track to grow its broker numbers by 20...
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Broker plans to launch ‘finance Wikipedia’
by Nick Bendel • 20 Jun 2014
One brokerage has revealed plans for an ambitious lead generation website after being recognised as one of...
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Big banks accused of ‘hiding behind sub-brands’
by Staff Reporter • 20 Jun 2014
Australia’s smaller lenders have accused three major banks of misleading consumers by not providing proper disclosure...
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Population statistics encourage housing lobby
by Staff Reporter • 20 Jun 2014
New population data suggests that now may be a good time to be a broker in Western Australia but not in Tasmania.
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Property price growth lower than expected in May
by Staff Reporter • 20 Jun 2014
Residential price growth across Australia was lower than expected in May, with most capital cities experiencing a drop...
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Major tipped to reintroduce first-year trail
by Nick Bendel • 19 Jun 2014
More aggregators have forecast that improved commissions are on the horizon, with two banks in particular tipped to...
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