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Breaking News
Industry needs more transparency, say brokers
by Nick Bendel • 23 Apr 2014
Brokers have echoed a call by two lenders for banks to be more transparent about which other banks, aggregators and...
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Bank stats reveal winners and losers
by Staff Reporter • 23 Apr 2014
New market share data has revealed upward moves over the past year from two non-majors, while one industry giant has...
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New owner joins forces with law firm
by Nick Bendel • 23 Apr 2014
One first-year principal has set himself the goal of hiring staff after moving out of the home office in which he...
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More borrowers under financial stress
by Staff Reporter • 23 Apr 2014
ING Direct has delivered some bad news for brokers: four out of five potential clients are strapped for cash.
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Housing confidence falls ahead of federal Budget
by Staff Reporter • 23 Apr 2014
Housing supply has been forecast to increase in the next 12 months – but so have interest rates.
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Brokerage collapses with $900k debt
by Nick Bendel • 22 Apr 2014
The Commonwealth Bank has wound up a brokerage that had 80 staff at its peak but never recovered from the GFC.
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New publication launched for third-party distribution sector
by Staff Reporter • 22 Apr 2014
Sterling Publishing, publisher of The Adviser, has unveiled a new digital publication dedicated to the mortgage...
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Nominations close today for Top 25 Brokerages ranking
by Staff Reporter • 22 Apr 2014
Brokerages have one last chance for the opportunity to officially call themselves one of Australia’s top performers.
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Survey records all-time high for foreign investment
by Staff Reporter • 22 Apr 2014
Foreign buyers are now snapping up a quarter of new properties in Queensland, according to NAB.
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Digital processing the future for non-major bank
by Staff Reporter • 22 Apr 2014
One lender has targeted a move to online-only applications after launching a new processing system.
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Aussie plans massive growth
by Nick Bendel • 17 Apr 2014
Australia’s biggest brokerage group will expand its network by 25 per cent to capitalise on a market that it says has...
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Will new home building save Australia’s economy?
by Nick Bendel • 17 Apr 2014
Historical data indicates that Australia’s housing sector might stimulate the economy’s next round of growth,...
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Aggregator makes strong case for diversification
by Staff Reporter • 17 Apr 2014
One leading aggregator has advised brokers to capitalise on a “growing demand” for commercial lending.
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AFG loans win investor approval
by Staff Reporter • 17 Apr 2014
Investors have given approval to $300 million of home loans written by AFG brokers.
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Commercial volumes jump 18pc in 12 months
by Staff Reporter • 17 Apr 2014
Veda has warned that the Australian economy appears sluggish despite a big jump in commercial mortgage volumes.
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Brokers buoyant about new Sydney airport
by Nick Bendel • 16 Apr 2014
Mortgage groups and local brokers are ready to capitalise on the development boom that will be triggered by Sydney’s...
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Bank cuts two-year fixed rate to 4.75pc
by Nick Bendel • 16 Apr 2014
One non-major has undercut the big four by reducing its two-year fixed rates to 4.75 per cent.
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Lender’s new offset account covers all products
by Staff Reporter • 16 Apr 2014
Teachers Mutual Bank has unveiled a mortgage offset facility that is available across its entire home loan product...
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RBA unlikely to raise interest rates any time soon
by Staff Reporter • 16 Apr 2014
The Reserve Bank of Australia has confirmed that the official cash rate is likely to remain at 2.5 per cent “for some...
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Residex reveals suburbs with best growth potential
by Staff Reporter • 16 Apr 2014
A major data analysis company has highlighted the top 10 surburbs likely to see fast growth over the next five years.
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Star brokerage keeps expanding
by Nick Bendel • 15 Apr 2014
One of Australia’s top brokerages has revealed plans to open two new offices and launch a self-managed super fund...
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Bank defeats borrower in court
by Nick Bendel • 15 Apr 2014
The Federal Court has ruled in favour of a bank after two borrowers challenged its right to seize their house.
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Franchise brokers gaining leads thanks to white label
by Nick Bendel • 15 Apr 2014
LJ Hooker Home Loans has reached a milestone, with its white label product now representing more than 20 per cent of...
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Clients are being 'overwhelmed' by paperwork: FBAA
by Staff Reporter • 15 Apr 2014
Borrowers are now protected by so much paperwork that they are often too overwhelmed to read it, according to the...
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Consumer advocate fights for mortgage victims
by Nick Bendel • 15 Apr 2014
One community legal centre has highlighted cases of mortgage hardship to justify free dispute resolution.
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