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Breaking News
P&N Bank tells federal inquiry to be tougher on big banks
by Nick Bendel • 24 Sep 2014
Confidence in the financial system “could be eroded even further” if the major banks are not “overtly...
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GFC marked turning point in land values
by Staff Reporter • 24 Sep 2014
The recent property recovery has widened the gap between prices for land in capital cities and the regions, according...
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Tech-savvy borrowers make better clients
by Staff Reporter • 24 Sep 2014
Tablet users have higher savings balances and more products than non-tablet users, according to ING Direct.
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Vow and Resi hold key to Yellow Brick Road profit target
by Nick Bendel • 23 Sep 2014
Yellow Brick Road would be “highly unlikely” to post its first ever profit in 2014/2015 if not for its two recent...
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Bank of Queensland settles Storm Financial cases
by Nick Bendel • 23 Sep 2014
Bank of Queensland’s profits will be hit by more than $22 million after it reached a settlement with ASIC over the...
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NAB offers $1,000 to new borrowers
by Staff Reporter • 23 Sep 2014
NAB has taken a shot at its big bank rivals after unveiling a temporary $1,000 cashback offer for new borrowers.
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We need negative gearing: housing lobby
by Staff Reporter • 23 Sep 2014
Restricting access to negative gearing would reduce housing investment and affordability, according to new research.
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Greater demand for properties in outer suburbs
by Staff Reporter • 23 Sep 2014
Properties in Melbourne’s outer suburbs recorded the shortest timeframe between being listed and sold, according to...
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ING Direct voted Australia’s best non-major bank
by Nick Bendel • 22 Sep 2014
Brokers have named ING Direct as Australia’s best non-major lender for the third consecutive year.
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ANZ tells inquiry: make disclosure documents simpler
by Nick Bendel • 22 Sep 2014
ANZ has called for disclosure documents to feature “plain English” and less irrelevant information.
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Govt urged to help banks improve their funding base
by Nick Bendel • 22 Sep 2014
Suncorp Bank has called on the federal government to develop a “national funding strategy” to promote stability and...
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Off-the-plan trend hurting first home buyers, says lobby group
by Michael Crawford • 22 Sep 2014
The real estate lobby has criticised the NSW government for a lack of appropriate development across the state.
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Australian First Mortgage appoints new BDM
by Staff Reporter • 22 Sep 2014
Australian First Mortgage has appointed a new BDM for New South Wales brokers.
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Inquiry fears of broker bias dismissed
by Nick Bendel • 19 Sep 2014
Aggregators and franchises have dismissed concerns raised at the Financial System Inquiry that broker recommendations...
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Loan Market to keep brokers and planners separate
by Nick Bendel • 19 Sep 2014
Loan Market has taken a stand on convergence by separating its broking business from its new financial planning...
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New mortgage tech forecast to make Australia a world leader
by Nick Bendel • 19 Sep 2014
The emerging national e-conveyancing network will transform Australia from being “quite far behind” other countries...
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Mortgage borrowers feeling increasingly confident
by Staff Reporter • 19 Sep 2014
Homebuyers are feeling more confident and experiencing less mortgage stress, although fewer people think now is a good...
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Property prices forecast to continue rising in 2015
by Staff Reporter • 19 Sep 2014
The housing market will continue its strong momentum well into 2015, a leading real estate expert has forecast.
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ME Bank tells federal inquiry: more broker disclosure needed
by Nick Bendel • 18 Sep 2014
Brokers should disclose more information to “minimise the adverse impact” caused by lender-owned aggregators, the...
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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...
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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.
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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...
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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”...
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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...
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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...
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