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Breaking News
Big four banks defy predictions and increase strength
by Staff Reporter • 9 Apr 2014
The major banks have been the big winners in the extraordinary growth story of Australia’s financial services...
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Red tape curbing growth: QBE
by James Mitchell • 9 Apr 2014
Overlapping, duplicative and inconsistent regulation creates inefficiencies and adds considerably to the cost of doing...
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Demand for mortgages still booming
by Staff Reporter • 9 Apr 2014
Australians’ appetite for mortgages shows no sign of abating, with March figures showing a 10.8 per cent increase in...
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Brokers call for LMI reform
by Nick Bendel • 8 Apr 2014
Brokers have backed the FBAA after the association told the federal government the LMI sector is anti-competitive.
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Bank offers clients $1,000 to switch
by Staff Reporter • 8 Apr 2014
One major lender has extended a $1,000 switching bonus for new borrowers.
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Funding search continues for group with $60m debt
by Nick Bendel • 8 Apr 2014
Firstfolio has received a debt extension as it continues to pursue new sources of funding.
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Allegations raised about 'lender of last resort'
by Staff Reporter • 8 Apr 2014
ABC television has raised questions about the ethics of a Sydney “mortgage trading business”.
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Lender adds two more BDMs
by Staff Reporter • 8 Apr 2014
Adelaide Bank has added two former mortgage brokers to its team of relationship managers.
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Brokers divided on looming interest rate rise
by Nick Bendel • 7 Apr 2014
Rising interest rates could generate more home loans business, some brokers believe.
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Lender tastes success with Centrelink clients
by Nick Bendel • 7 Apr 2014
Borrowers who rely on welfare can still be good home loan clients, the Senate Inquiry into Housing Affordability has...
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Here’s how you get leads: forum to reveal secrets
by Nick Bendel • 7 Apr 2014
Real estate experts will teach young brokers how to boost their leads as part of a new industry event.
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Stamp duty proposal could cost borrowers $14,000
by Nick Bendel • 7 Apr 2014
Western Australia’s government has been warned that first home buyers will suffer if the state's stamp duty exemption...
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German brokers charge 3pc: ING Direct
by James Mitchell • 7 Apr 2014
Mortgage brokers in Germany can charge up to 3 per cent commission, according to ING Direct.
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New franchise calls for brokers to work its leads
by Nick Bendel • 4 Apr 2014
A new mortgage group that plans to recruit 250 brokers said it would not be a threat to other big franchises like...
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Entries for national awards now open
by Staff Reporter • 4 Apr 2014
Previous winners at the Australian Broking Awards have been praised for raising standards and inspiring other brokers.
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Top broker urges govt to embrace high LVRs
by Nick Bendel • 4 Apr 2014
One of Australia’s leading brokerages has urged the government not to reduce maximum LVRs.
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Aggregators challenged by rising broker numbers
by Nick Bendel • 4 Apr 2014
One aggregator has warned that industry growth has created bottlenecks in broker support services.
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Lender cuts application fees
by Staff Reporter • 4 Apr 2014
A leading non-bank lender has extended a special offer that could save clients almost $2,000.
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NAB chief executive resigns
by Staff Reporter • 3 Apr 2014
NAB chief executive Cameron Clyne has announced he will retire in four months.
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Broker to sell lead generation franchises
by Nick Bendel • 3 Apr 2014
A broker is offering partnerships in a lead generation business he says has boosted his volumes by 50 per cent.
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Who will be crowned Australia’s best brokerage?
by Staff Reporter • 3 Apr 2014
Leading industry groups have just three weeks left to nominate themselves as the country’s best brokerage.
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Aussie tells PM: we need a long-term housing plan
by Nick Bendel • 3 Apr 2014
Aussie Home Loans has urged the federal government to help first home buyers by including 10-year housing development...
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The future of mortgages: faster, simpler, online
by Nick Bendel • 3 Apr 2014
The Commonwealth Bank has held out the vision of 24-hour mortgage settlements.
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Specialist lender cuts rates
by Staff Reporter • 3 Apr 2014
Investec Australia has reduced the interest rates on its tailored home loan offering for independent financial...
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Banned broker fights back against ASIC
by Nick Bendel • 2 Apr 2014
A former broker has revealed he has spent more than $40,000 on legal fees to overturn a lifetime ban by ASIC.
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