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Breaking News
ASIC sings the praises of tough love
by Staff Reporter • 16 May 2014
ASIC has told the MFAA conference that it is helping brokers to help themselves through firm regulation.
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Aggregator adds another lender to its panel
by Nick Bendel • 16 May 2014
Custom Equity Group has now partnered with two lenders in two months after adding Teachers Mutual Bank to its panel.
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Brokers given new product to tap Chinese market
by Nick Bendel • 16 May 2014
RP Data is using the MFAA annual conference to flag the launch of a new option to produce property reports in Chinese.
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ASIC hit hard in $120m Budget cut
by John Batsick • 15 May 2014
The chief regulator of the mortgage broking industry has had its funding slashed following Tuesday night’s federal...
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Non-major bank keeps cutting rates
by Nick Bendel • 15 May 2014
One bank has cut its fixed rates by 12 points after already making two rounds of cuts to its fixed rates this year.
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Brokers all but reach magical 50pc mark
by Nick Bendel • 15 May 2014
The MFAA has welcomed brokers to its annual conference with the news that they are now writing practically half of...
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Rates won’t rise until end of 2015: NAB
by John Batsick • 15 May 2014
NAB has revealed it does not expect an interest rate rise until the last quarter of 2015, defying industry predictions...
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Budget needed to fix debt: FBAA chief
by Kylie Purcell • 15 May 2014
President of the FBAA Peter White has said Tuesday’s Budget was “tough but necessary” for the sake of future...
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Known scammer resurfaces, broker warns
by Nick Bendel • 14 May 2014
A known scammer, who has previously targeted the broking industry with false leads to be paid for up front, has...
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MFAA shock: Phil Naylor quits
by John Batsick • 14 May 2014
MFAA’s Phil Naylor has today announced he is quitting his role as the organisation’s CEO.
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Lender cuts fixed and variable rates
by Staff Reporter • 14 May 2014
One lender has made its fifth rate cut of the year, with reductions in both its fixed and variable rates.
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Star name steps forward for Australian Broking Awards
by Kylie Purcell • 14 May 2014
A husband-and-wife brokerage that juggles the demands of two young children has set its sights on Australian Broking...
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Latest housing stats are good news for interest rates
by Staff Reporter • 14 May 2014
New housing data points to a stabilising market and makes the case for lower interest rates, according to a peak real...
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Real estate making Australians feel wealthier
by Staff Reporter • 14 May 2014
Rising property prices have triggered a surge in household wealth, according to the Reserve Bank of Australia.
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Brokers demand reform from tonight’s Budget
by Nick Bendel • 13 May 2014
Brokers have drawn up a wishlist for Tony Abbott’s first Budget that includes introducing a first home owner’s...
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Property giant reveals how to exploit Chinese leads
by Nick Bendel • 13 May 2014
Australian brokers have a real chance to capitalise on the booming market of Chinese buyers, according to a website...
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Bank speaks out against volume incentives for staff
by Nick Bendel • 13 May 2014
Bank of Queensland (BoQ) has called for more transparency in how lenders sell their products directly to consumers.
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Compliance expert warns industry about insurance
by Staff Reporter • 13 May 2014
ASIC has signalled it will apply greater scrutiny to brokers who sell add-on insurance, according to a legal firm that...
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ABS finds Australia wealthier, smarter but not fairer
by Nick Bendel • 13 May 2014
Australia has become a wealthier and more educated country but has not become any fairer, according to statistics from...
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Brokers divided on insurance opportunity
by Nick Bendel • 12 May 2014
Brokers may be missing out on extra income, with new research revealing that little more than half sell insurance.
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Stargate-RP Data deal to 'speed up loan application process'
by Staff Reporter • 12 May 2014
Stargate Group has become the first software developer to fully integrate its broker platform with RP Data.
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Lender cuts fixed rates by 10 points
by Staff Reporter • 12 May 2014
One lender has cut its fixed rates “to keep one step ahead of the competition”.
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Bigwigs to attend brokerage opening
by Nick Bendel • 12 May 2014
Two politicians will help open a new brokerage office in western Sydney, with the owner bullish about the region’s...
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Demographic data points to lower interest rates: analyst
by Tim Stewart • 12 May 2014
Australia’s ageing population will cause interest rates to be “lower for longer”, according to one investment...
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CBA confirms new broker commission structure planned
by John Bastick • 9 May 2014
The Commonwealth Bank has confirmed the way it pays commissions to brokers is set to undergo wholesale changes in the...
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