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Breaking News
Developer-turned-lender feels wrath of ASIC
by Staff Reporter • 27 Mar 2014
Queensland developer Kawana Island Properties has fallen foul of ASIC after engaging in unlicensed credit activity.
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Liquidation looms for national brokerage
by Nick Bendel • 26 Mar 2014
A brokerage with offices in five states may be liquidated in five days.
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Big four banks too dominant: MFAA
by Staff Reporter • 26 Mar 2014
The MFAA has called for the federal government to lower borrowing costs by undermining the power of the big banks.
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Fewer loans approved after NCCP: Steve Kane
by James Mitchell • 26 Mar 2014
The National Consumer Credit Protection laws have meant fewer loans but better lending outcomes.
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Clients can reward you for telling them hard truths
by Nick Bendel • 26 Mar 2014
Sometimes the best way to impress a client is to say no or lower their expectations, according to one firm.
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First home buyers given dire warning
by Staff Reporter • 26 Mar 2014
First home buyers are being held “hostage” by investors, according to one finance comparison website.
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More lenders cut rates by 15 points
by Nick Bendel • 25 Mar 2014
Three lenders have reduced their fixed rates, while a fourth lender has introduced new LVR tiers.
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Brokers challenged on financial planning skills
by Staff Reporter • 25 Mar 2014
Financial planning could be a “bridge too far” for mortgage brokers, according to BT Financial Group’s general...
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Star firm finds older brokers are more loyal and productive
by Nick Bendel • 25 Mar 2014
Finance Achievers has attributed its award-winning success to a strategy of recruiting experienced brokers over...
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Bank to offer brokers more as profit falls
by Nick Bendel • 25 Mar 2014
ING Direct will offer brokers more cross-selling opportunities as part of its strategy to become the “primary bank”...
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Low interest rate bandwagon rolls on
by Staff Reporter • 25 Mar 2014
Another major industry player has supported the view that interest rates are set to remain at or near record lows.
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Lenders cut fixed rates by 20 points
by Nick Bendel • 24 Mar 2014
Two lenders have responded to the “considerable borrower appetite to lock in their rates” by cutting their fixed...
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28 year-old targets $100m volumes
by Nick Bendel • 24 Mar 2014
Western Australia’s top broker has said she should be able to triple her volumes by slashing her paperwork.
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Why it’s better to break the law in Australia than the US
by Staff Reporter • 24 Mar 2014
Rogue financial services providers face inconsistent punishments and are often treated lightly by international...
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Three Aussie lenders named among world’s most ethical companies
by Nick Bendel • 24 Mar 2014
Westpac, NAB and Teachers Mutual Bank are among the five most ethical lenders in the world.
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Lender eyeing 100pc growth in 2013/2014
by Nick Bendel • 24 Mar 2014
Commercial lender Thinktank has expanded its staff levels and may see 100 per cent growth this financial year.
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We know what makes a good BDM, say banks
by Nick Bendel • 21 Mar 2014
Lenders have told brokers that relationships are a two-way street: BDMs must be responsive but brokers also need to...
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Young star named WA Broker of the Year
by Nick Bendel • 21 Mar 2014
One of the industry’s brightest young talents has been crowned Western Australia’s best broker.
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Commissions are wrong: financial planners
by Staff Reporter • 21 Mar 2014
Brokers may be in favour of commissions, but they have been condemned by Australia’s peak financial planning body.
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Asia’s love affair with Australia may be cooling
by Staff Reporter • 21 Mar 2014
Australia has been ranked as the Asia-Pacific’s second most attractive real estate destination – behind China.
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Mortgage Choice reveals true cost of credit card debt
by Staff Reporter • 21 Mar 2014
Credit card debts are affecting people’s ability to take out home loans or pay them off, new research has suggested.
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Mixed support for $1bn red tape crackdown
by Nick Bendel • 20 Mar 2014
Brokers have largely welcomed Tony Abbott’s crackdown on red tape, even though some feel comfortable with their level...
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Wealth business eyes aggregator acquisition
by Nick Bendel • 20 Mar 2014
Further industry consolidation may be around the corner after Yellow Brick Road revealed it is in talks to buy three...
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Integration king adds another related business
by Nick Bendel • 20 Mar 2014
SureDirect Loan Options is about to welcome a law firm to its premises alongside two other financial services...
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RBA offers good news on interest rates
by Nick Bendel • 20 Mar 2014
The Reserve Bank of Australia has signalled that interest rates are likely to remain at record lows.
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