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Breaking News
Aggregator unveils eight-day Cert IV course
by Nick Bendel • 6 Jun 2014
Vow Financial will soon have a new pool of diversified-focused brokers after launching its own Certificate IV...
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ANZ named Home Lender of the Year
by Staff Reporter • 6 Jun 2014
ANZ has been rewarded for its “competitive rates and great features” by winning a prestigious home loan award.
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Major banks ‘tighten grip’ on broking
by Staff Reporter • 6 Jun 2014
The growing strength of the major banks may pose a threat to the mortgage broking industry, according to a new study.
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Bank cuts fixed rates by 40 points
by Staff Reporter • 5 Jun 2014
One lender has highlighted the value of rate cuts over cashback offers after reducing its fixed rates by 40 basis...
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Business set to boom for Sydney brokers
by Nick Bendel • 5 Jun 2014
Sydney brokers may be set for a bonanza after the state government announced forecasts of another 1.6 million residents...
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Spencer has billion-dollar ambitions after selling Stargate
by Nick Bendel • 5 Jun 2014
Stargate has sold its technology division to Rubik Financial for $35 million after rejecting similar offers over the...
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Consumer confidence rises after hitting GFC levels
by Staff Reporter • 5 Jun 2014
A recent report by Roy Morgan Research has found that consumer confidence rose by 2.9 per cent last week,...
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Prices set to keep rising for Sydney units
by Staff Reporter • 5 Jun 2014
Sydney’s high density apartment market will remain strong for two more years before prices ease, according to BIS...
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Broking remains a boys’ club, say prominent women
by Kylie Purcell • 4 Jun 2014
The MFAA has increased its female recruitment by one-third in the past two years, but some women believe that broking...
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Mortgage brokers reward lender for special offers
by Nick Bendel • 4 Jun 2014
One lender has launched a cashback incentive for brokers after two earlier promotions generated a 50 per cent jump in...
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Disclosure documents not protecting consumers: ASIC
by Nick Bendel • 4 Jun 2014
Disclosure often fails to protect consumers because many are too lazy to read the documents or can’t understand them,...
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Building approvals keep falling from 10-year high
by Staff Reporter • 4 Jun 2014
There is still a “historically high level” of construction in the pipeline despite building approvals falling for...
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Foreign investors ‘not competing with first home owners’
by Stefanie Garber • 4 Jun 2014
Another property group has contradicted the popular view that offshore investors are pushing locals out of the market.
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RBA announces cash rate decision - Jun 2014
by Staff Reporter • 3 Jun 2014
The Reserve Bank of Australia has announced the outcome of its monthly board meeting.
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Broker saves clients in $200k loan fraud
by Nick Bendel • 3 Jun 2014
A Melbourne broker has swooped in at the last moment to help two loan fraud victims save their house after a four-year...
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Have house prices finally peaked?
by Staff Reporter • 3 Jun 2014
Two pieces of evidence suggest the market might have peaked: prices have just fallen and the market has almost reached...
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Loan writers reveal pros and cons of working in nation's top suburbs
by Kylie Purcell • 3 Jun 2014
Brokers in Australia’s best-performing suburbs have been “incredibly active” but feel concerned about first home...
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Building increases but confidence declines
by Staff Reporter • 3 Jun 2014
Building and consumer sentiment surveys from before and after the federal Budget have painted conflicting views about...
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Borrowers turn from fixed rates to variable rates
by Staff Reporter • 3 Jun 2014
Variable rates have grown in popularity as intense competition has forced lenders to offer discounts.
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Aggregators demand reform for cancelled accreditations
by Nick Bendel • 2 Jun 2014
Brokers have been urged to band together and hold lenders responsible when they cancel accreditations without...
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Bank ‘very likely’ to reinstate trail in first year
by Nick Bendel • 2 Jun 2014
Two banks may be just three months away from reinstating trail in the first year, according to Connective.
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Ray Hair joins Homeloans, replaces Greg Mitchell
by Staff Reporter • 2 Jun 2014
Homeloans has said new recruit Ray Hair will bring “astute commercial skills and proven leadership skills” to the...
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Some banks rise, some fall, new lending stats show
by Nick Bendel • 2 Jun 2014
Two non-majors were the big movers in loan volumes in the past year, while each of the big four banks also grew its...
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FBAA diversifies into vendor finance
by Staff Reporter • 2 Jun 2014
The FBAA has responded to the growth in vendor finance for property by offering to represent the sector’s interests.
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Another man arrested in alleged $100m loan fraud case
by Staff Reporter • 30 May 2014
Victoria Police has arrested a third man as part of an ongoing investigation into an alleged $100 million fraud...
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