Breaking News

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Economic report reveals surprising news on jobs and investment
by Staff Reporter • 21 Jul 2014
Economic growth in Australia is “looking good” thanks to low interest rates and the continuing resources boom,... READ MORE
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Housing report calls for more ‘shovel-ready land’
by Staff Reporter • 21 Jul 2014
Governments have been accused of “policy failure” over the lack of available residential land and its impact on... READ MORE
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ASIC forms task force to investigate one-stop shops
by Nick Bendel • 18 Jul 2014
ASIC has raised warnings about the conflicts of interest that can come with diversification following the... READ MORE
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‘Valuations have been creeping up for mortgage books’
by Nick Bendel • 18 Jul 2014
Mortgage book values have been increasing and will continue to do so, according to one industry expert. READ MORE
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Property expert talks up Indonesian market
by Huntley Mitchell • 18 Jul 2014
Increased interest from Indonesian investors in the Australian residential property market will boost the local... READ MORE
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Another city sets house price record
by Staff Reporter • 18 Jul 2014
Melbourne has followed Adelaide’s lead by posting a new record median price in the June quarter. READ MORE
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ING DIRECT cuts variable rate to 4.63pc
by Staff Reporter • 17 Jul 2014
ING DIRECT has unveiled a promotional rate of 4.63 per cent for new residential loans. READ MORE
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Banks should be terrified of Coles mortgage play: data expert
by Nick Bendel • 17 Jul 2014
A move by Coles into the mortgage market has been tipped to be good for brokers, good for borrowers – but terrifying... READ MORE
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RBA says rates will stay at 2.5pc for 12 more months
by Staff Reporter • 17 Jul 2014
The Reserve Bank of Australia has forecast that the cash rate will remain at a record-low 2.5 per cent for at least one... READ MORE
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Govt inquiry sounds warning on negative gearing

by Staff Reporter • 17 Jul 2014
Property incentives have created a “significant source of risk” for the economy, according to the Financial System... READ MORE
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New homebuilding providing ‘crucial economic dividend’
by Staff Reporter • 17 Jul 2014
New homebuilding has reached its highest level since 2010 after growing more than 20 per cent over the year. READ MORE
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House prices reach record levels
by Staff Reporter • 17 Jul 2014
Adelaide house prices have reached record levels, although sales figures remain flat. READ MORE
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New home loan product offers 'ongoing' 4.65pc rate
by Nick Bendel • 16 Jul 2014
CUA has unveiled a new variable home loan product with a 4.65 per cent 'ongoing' rate and a 100 per cent offset... READ MORE
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Smaller banks call for levy on big four
by Nick Bendel • 16 Jul 2014
Australia’s smaller banks have criticised the Financial System Inquiry for describing the country’s banking system... READ MORE
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Speculation grows about Coles move into mortgages
by Staff Reporter • 16 Jul 2014
Supermarket giant Coles has confirmed its move into financial services, which has added to industry speculation it... READ MORE
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Property investment market continues to grow
by Staff Reporter • 16 Jul 2014
Australian investors have continued their dominance of the property market, as the percentage of investors has grown to... READ MORE
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Business demand ‘positive’ despite poor credit figures
by Staff Reporter • 16 Jul 2014
There has been a dramatic fall in the growth of business credit, according to new research from Veda. READ MORE
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Study needed to ‘bring clawback debate to an end’
by Nick Bendel • 15 Jul 2014
The FBAA has called for a study to settle once and for all why loans end prematurely and whether clawbacks are fair. READ MORE
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Does it cost more to own or rent?
by Nick Bendel • 15 Jul 2014
A new research paper has found that renting is cheaper than buying for properties that are occupied for less than eight... READ MORE
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Housing scorecard finds big surge in NSW
by Staff Reporter • 15 Jul 2014
Western Australia has the strongest housing market in the country, while NSW has surged into second place, according to... READ MORE
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Economist warns of new GFC in 2015
by Staff Reporter • 15 Jul 2014
The World Competitiveness Center has predicted that a global financial crisis is likely, and not enough action is being... READ MORE
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Adelaide Bank cuts fixed rates by 40 points
by Staff Reporter • 14 Jul 2014
Adelaide Bank has dropped its SmartFix five-year fixed rate to an “historic low” of 5.34 per cent. READ MORE
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Brokers reveal why they would switch aggregator
by Staff Reporter • 14 Jul 2014
Younger brokers place greater emphasis on commissions than veterans, while women are more concerned about compliance... READ MORE
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Brokers turn to business coach to run nine-office empire
by Nick Bendel • 14 Jul 2014
The trio that own nine Mortgage Choice franchises have paid tribute to their business coach after being recognised as... READ MORE
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Two days left to become Australia’s smartest broker
by Staff Reporter • 14 Jul 2014
A record number of brokers have entered the $5,000 annual competition that determines who has the industry’s sharpest... READ MORE