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Breaking News
Brokerage defeats liquidation threat from taxman
by Nick Bendel • 21 May 2014
A brokerage with offices in five states has beaten a liquidation threat, ASIC has confirmed.
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Big spenders overvalue their homes: study
by Kylie Purcell • 21 May 2014
People who have bigger spending habits and higher levels of debt tend to overvalue the price of their homes.
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Rich Sydney suburbs enjoying strong price growth
by Staff Reporter • 21 May 2014
Interstate and overseas clients are helping drive strong price growth in Sydney’s prestige market.
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$17.6m acquisition ‘ticks all the boxes’
by Nick Bendel • 20 May 2014
Yellow Brick Road’s acquisition of Vow Financial looks good on paper but will still have to prove itself in practice,...
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Don’t blame foreigners for rising house prices: LJ Hooker
by Staff Reporter • 20 May 2014
Australia’s housing market needs more foreign investment not less, according to LJ Hooker.
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Policy change may 'cut first home buyers out of market'
by Nick Bendel • 20 May 2014
First home buyers in Australia’s second-most expensive market may be “cut out of the market” after changes to a...
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Australian mortgage repayments 'surprisingly low'
by Staff Reporter • 20 May 2014
Australian households may be paying off their mortgages more slowly than assumed, according to a ratings agency.
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Report reveals top 10 cheapest areas for regional units
by Staff Reporter • 20 May 2014
A new report has unveiled which country areas offer Australia’s most affordable units.
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YBR buyout of Vow now one step closer
by Staff Reporter • 19 May 2014
Vow Financial has been valued at $17.6 million as its potential acquisition by Yellow Brick Road moved one step...
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Foreign investment fears raised at housing inquiry
by Nick Bendel • 19 May 2014
Australians seem divided about whether foreign investment is a threat to the housing market or an opportunity.
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Consumer advocate slams 40-year mortgages
by Nick Bendel • 19 May 2014
The controversial issue of 40-year mortgages has returned after a consumer advocate warned they could make borrowers...
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Most brokers confident but large minority predict falling revenue
by Kylie Purcell • 19 May 2014
While one third of brokers think their business will go backwards in the next 12 months, a majority are more...
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Reserve Bank urges first home buyers not to 'overstretch'
by Staff Reporter • 19 May 2014
First home buyers should wait for better market conditions rather than taxing their finances to get in now, according...
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Lawyer warns industry about dangers of template contracts
by Staff Reporter • 19 May 2014
Template contracts that are cheaper in the short term could expose brokers to costly litigation in the long term, a...
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Industry seeking fresh approach from Naylor's replacement
by Nick Bendel • 16 May 2014
Industry figures eyeing a politically savvy, innovative replacement for MFAA boss Phil Naylor would consider anyone...
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Mortgage Choice announces massive profit growth
by Nick Bendel • 16 May 2014
Mortgage Choice has forecast it will end the financial year with double-digit profit growth and revenues exceeding $160...
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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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