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Bank flags possible commission changes
by Nick Bendel • 30 May 2014
One lender has said it might follow Westpac and the Commonwealth Bank in changing its commission structure if the... READ MORE
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Six banks hit in alleged $100m loan fraud
by Staff Reporter • 30 May 2014
A professional poker player has allegedly used a home loan scam as part of a fraud scheme that reaped $100 million, a... READ MORE
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New home loan product could save borrowers $3,000 per year
by Staff Reporter • 30 May 2014
One non-bank lender has unveiled a 4.69 per cent home loan that comes with free financial planning and insurance... READ MORE
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Shock: housing at most affordable levels since 2002
by Staff Reporter • 30 May 2014
Housing is now at its most affordable levels in 12 years, thanks to growth in disposable incomes, according to new... READ MORE
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Expanding lender ‘well-placed for further growth’
by Nick Bendel • 30 May 2014
Homeloans has achieved its “best mortgage volumes in three years”, according to the lender’s outgoing general... READ MORE
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Broker celebrates record $55m month
by Nick Bendel • 29 May 2014
One broker has already written $105 million of loans in 2014, thanks in part to a record month and a record loan. READ MORE
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Fast mortgage growth should ring alarm bells: APRA
by Nick Bendel • 29 May 2014
Banks that grow their loan books faster than their competitors could be guilty of poor lending practices, according to... READ MORE
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Aggregator helps brokers diversify with new lender deal
by Staff Reporter • 29 May 2014
One of Australia’s largest aggregators has added another lender to its 40-strong panel. READ MORE
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Lender competition continues with risk fee cut
by Staff Reporter • 29 May 2014
One mortgage manager has removed its risk fee to help credit-impaired clients enter the market. READ MORE
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Non-major bank targets sub-80 LVR loans
by Nick Bendel • 29 May 2014
Suncorp Bank has posted 5.7 per cent growth in its mortgage book despite adopting a “more conservative” lending... READ MORE
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NSW broker convicted of loan fraud
by Staff Reporter • 28 May 2014
A former NSW-based mortgage broker has been convicted of falsifying loan application documents following an ASIC... READ MORE
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Brokers support clawback principle
by Nick Bendel • 28 May 2014
The prudential regulator of the Australian banking sector has endorsed lenders clawing back commissions from... READ MORE
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Mutual bank named as Australia’s best home lender
by Staff Reporter • 28 May 2014
Newcastle Permanent Building Society has Australia’s best home loan products, according to Canstar. READ MORE
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Govt urged to broaden and reduce land tax
by Staff Reporter • 28 May 2014
The Property Council of Australia has urged South Australia to make “courageous” decisions so it can return to... READ MORE
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Banks continue to increase mortgage volumes
by Staff Reporter • 28 May 2014
Australian lenders have recorded significant increases in loan volumes in the past year, according to new APRA data. READ MORE
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Slowing Perth market still has room to move
by Stefanie Garber • 28 May 2014
Perth may have passed its peak of price growth but investors can still find opportunities in the market, a leading... READ MORE
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MFAA wants strong lobbyist to replace Naylor
by Nick Bendel • 27 May 2014
The MFAA will begin its search for a new chief executive after its next board meeting, with lobbying skills set to be... READ MORE
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Sydney's boom market now at ‘dangerous’ levels
by Staff Reporter • 27 May 2014
One property expert has urged banks not to lower their lending standards after warning that the Sydney market has now... READ MORE
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Private mortgage market taking off again
by Nick Bendel • 27 May 2014
A “flood” of private mortgage lenders is now returning the market, according to a firm that helps brokers source... READ MORE
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CBA, ANZ named among world’s most valuable banks
by Tim Stewart • 27 May 2014
The Commonwealth Bank and ANZ have been named among the most valuable regional banking brands in the world. READ MORE
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Aggregator calls in sales stars
by Staff Reporter • 27 May 2014
One aggregator has booked two sales experts to advise brokers at its national conference on the Gold Coast. READ MORE
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Boom times ahead for Melbourne brokers
by Nick Bendel • 26 May 2014
Melbourne brokers could become the envy of the nation, with the city forecast to add 1.6 million dwellings as the... READ MORE
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Bank cuts rates by 45 points
by Nick Bendel • 26 May 2014
One lender has cut its fixed rates for the third time in six weeks. READ MORE
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Another government changing its first home owner grant
by Kylie Purcell • 26 May 2014
South Australian brokers will have to wait and see how their businesses will be affected as the state government... READ MORE
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ASIC bans broker for $9.4m fraud
by Staff Reporter • 26 May 2014
ASIC has banned a Melbourne broker who was sentenced to jail earlier this year over a low-doc loan fraud. READ MORE