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Breaking News
Borrowers can use paintings to buy properties
by Nick Bendel • 28 Apr 2014
Brokers who cannot get their clients approved have been given another finance option: using artwork to borrow up to $1...
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Australians grateful for 'intense competition' between big banks
by Staff Reporter • 28 Apr 2014
Happy home loan customers have driven approval for the banks to record highs, according to Roy Morgan Research.
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ASIC bans Sydney brokerage
by Nick Bendel • 24 Apr 2014
ASIC has cancelled the licence of a Sydney brokerage – nine months after it was almost liquidated.
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Bank cuts fixed rates again
by Nick Bendel • 24 Apr 2014
One non-major bank has announced another cut to its fixed rates, which have now fallen by up to 60 basis points in...
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Another lender makes big rate cuts
by Nick Bendel • 24 Apr 2014
Life has become easier for non-conforming clients after one lender cut almost 100 basis points from some of its...
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Investment advice turns clients into 'raving fans'
by Nick Bendel • 24 Apr 2014
New research has suggested that brokers are losing income by not offering or outsourcing property investment services.
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21pc of would-be buyers are struggling for finance
by Staff Reporter • 24 Apr 2014
One in five potential buyers are unable to seal a deal because they cannot obtain finance, according to a new survey.
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House prices may have reached ‘high water mark’
by Staff Reporter • 24 Apr 2014
The Sydney boom has “well and truly faded”, despite sharp price growth over the past year, according to Australian...
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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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