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Breaking News
Young blood needed to regenerate 'ancient' industry
by Nick Bendel • 9 May 2014
Brokers have backed a call for more young blood in the industry as the FBAA finalises a “strong marketing push” for...
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Lender unveils new home loan product
by Staff Reporter • 9 May 2014
Brokers have a new product to offer their clients after one lender launched a “low-rate, fully-featured” home loan...
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NAB and brokers both gain in bank’s half-yearly results
by Nick Bendel • 9 May 2014
NAB has given more of its mortgage business to brokers after claiming they secure better clients than lenders.
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AMP reports strong mortgage growth
by Nick Bendel • 9 May 2014
AMP Bank has thanked brokers for their “essential” contribution after growing its loan book by almost 10 per cent.
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Rogue broker facing 78 more charges
by Staff Reporter • 8 May 2014
A former mortgage broker who has already admitted stealing $170,000 could face another 78 charges involving...
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Brokers in booming areas reporting strong demand
by Nick Bendel • 8 May 2014
Booming Victorian cities are set to generate even more business for some lucky brokers, according to state population...
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First home buyers facing $30,000 hit
by Nick Bendel • 8 May 2014
Warnings have been sounded about Tasmania’s real estate market as the first home buyer sector declines and new...
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Massive household debt generating mortgage stress
by Nick Bendel • 8 May 2014
New research has revealed that Australians are worried about repaying their home loans, with household debt reaching...
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Former NRL star hosts Vow conference
by Nick Bendel • 8 May 2014
Vow Financial has given an upbeat assessment of the economy at the aggregator’s mini-conference.
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Macquarie approves YBR-Vow deal
by Nick Bendel • 7 May 2014
Yellow Brick Road has moved one step closer to acquiring Vow Financial after winning the approval of Macquarie and Vow...
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ASIC target facing jail as court date looms
by Staff Reporter • 7 May 2014
A former employee of a mortgage and wealth business faces up to 10 years in jail and $2.6 million in fines after...
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Small firms demand financial reforms
by Nick Bendel • 7 May 2014
Big firms are relatively happy with the financial system but smaller players feel disadvantaged, Financial System...
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Stamp duty must go: Property Council
by Andrew Jennings • 7 May 2014
Australia’s peak property body has made a pre-Budget call for Tony Abbott to abolish “one of Australia’s worst...
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Aggregators reveal volume and lender stats
by Staff Reporter • 7 May 2014
New mortgage statistics have revealed a big jump in volumes for AFG, while Westpac has been revealed as the most...
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Brokers fear impact of Abbott job cuts
by Nick Bendel • 6 May 2014
Canberra brokers fear the local housing market may be “decimated” if the federal government implements proposed...
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What do you really think of your aggregator?
by Staff Reporter • 6 May 2014
It’s that time of year when brokers get to reveal which aggregators they are with, how happy they are and what would...
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Westpac results show growing third-party share
by Nick Bendel • 6 May 2014
Westpac Group has sourced an increasing share of business from brokers and reported a growth in LVR rates.
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Industry consolidation continues with lender buyout
by Staff Reporter • 6 May 2014
Bendigo & Adelaide Bank has grown its loan book by $1.7 billion after acquiring another lender.
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Housing data paints mixed picture of property market
by Staff Reporter • 6 May 2014
Property approvals have seen big jumps over the past year – but numbers may be on their way down.
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Reserve Bank announces cash rate decision
by Staff Reporter • 6 May 2014
The Reserve Bank of Australia has announced the outcome of its monthly board meeting.
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Firstfolio gets debt boost from shareholder and CBA
by Nick Bendel • 5 May 2014
Firstfolio has bought itself time after agreeing a $29 million debt deal ahead of a looming debt deadline of July 7.
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Is industry consolidation good for brokers?
by Nick Bendel • 5 May 2014
Aggregators are split on the merits of industry consolidation in the wake of Yellow Brick Road revealing it is in talks...
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Bank further lowers two-year rate to 4.69pc
by Nick Bendel • 5 May 2014
One non-major has further undercut the big banks by reducing its fixed rates for the second time in less than a month.
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Macquarie mortgages grow to 1pc market share
by James Mitchell • 5 May 2014
Macquarie Bank’s Australian mortgage portfolio grew by 47 per cent to $17 billion for the year ended March 31,...
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FBAA sounds Budget warning about housing confidence
by Staff Reporter • 5 May 2014
Tony Abbott’s decision to reduce the paid parental leave scheme could damage the housing market, according to the...
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