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Breaking News
New home sales at five-year high
by Staff Reporter • 31 Jan 2014
The housing market experienced its first annual increase in five years, representing "a strong recovery" in the market...
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Major pays out $70 million to mortgage customers
by Staff Reporter • 31 Jan 2014
ANZ is paying out $70 million to mortgage customers after failing to pass on interest rate reductions and over-charging...
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Westpac increases commissions
by Staff Reporter • 30 Jan 2014
One of the big four banks has increased its upfront commissions by as much as 30 per cent.
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Commission increases on the horizon: Hewitt
by Michael Masterman • 30 Jan 2014
Brokers should expect more commission increases as lenders compete for greater broker market share, according to the...
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Record competition good news for brokers
by Michael Masterman • 30 Jan 2014
Competition in the mortgage market is as fierce as it has ever been, according to general manager, distribution at NAB...
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Mortgage broker liquidated by tax man
by Nick Bendel • 30 Jan 2014
A Queensland mortgage brokerage formerly accredited with Australian Finance Group has been liquidated by the tax man.
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Mortgage manager signs funding deal with Resimac
by Staff Reporter • 30 Jan 2014
Australian Capital Group has added Resimac to its three-lender funding panel.
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Broker-real estate joint venture expands
by Staff Reporter • 30 Jan 2014
Australian Property Finance (APF) – 2013’s joint venture partnership between global real estate firm RE/MAX and...
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Non-major slashes fixed rates
by Michael Masterman • 29 Jan 2014
Following recent cuts to fixed rates by two major banks, a non-major has followed suit, slashing its fixed rates by up...
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Pepper launches prime home loan product
by Nick Bendel • 29 Jan 2014
Pepper has said it now offers the “complete suite of home loans” after launching its first prime mortgage product.
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Aggregator referral network nears $1m mark
by Nick Bendel • 29 Jan 2014
A boutique aggregator says it has generated almost $900,000 of new revenue for brokers since launching its lead...
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Billion-dollar business brokerage targets JVs with industry stars
by Nick Bendel • 29 Jan 2014
EasyBiz Finance plans to book another $500 million of loans per year by partnering with “hotshots” around...
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Non-bank announces four key appointments
by Staff Reporter • 29 Jan 2014
A leading non-bank lender has announced the appointment of four staff to key strategic positions.
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Broker liquidated with $9.6m debt
by Nick Bendel • 28 Jan 2014
A mortgage broker has entered liquidation as part of a complex insolvency involving at least four related companies and...
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MFAA tells parliament: brokers are honest
by Nick Bendel • 28 Jan 2014
The MFAA has told a Senate inquiry there is no evidence to support accusations of “widespread misconduct” by...
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Facebook secrets for free
by Staff Reporter • 28 Jan 2014
One mortgage broker has gained just under 16,000 likes on his Facebook page and is now showing other brokers how they...
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Negative gearing could help FHBs
by Stefanie Garber • 28 Jan 2014
First home buyers could take advantage of negative gearing to gain a foothold in the property market, a leading...
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Bank satisfaction at all-time high
by Staff Reporter • 28 Jan 2014
Customer satisfaction with consumer banking is at a record high, according to new research released by Roy Morgan.
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MFAA booted broker one year before ASIC
by Nick Bendel • 24 Jan 2014
A broker recently banned by ASIC was expelled from the peak industry body last year.
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Brokers must stand out from the crowd:Expert says
by Michael Masterman & Stacey Moseley • 24 Jan 2014
Brokers should differentiate themselves by using novel strategies to improve client relationships, according to a...
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Competition driving cuts: economist
by Michael Masterman • 24 Jan 2014
Increased competition in the mortgage market, not future cash rate expectations or cheaper funding, is the driving...
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SMSF property an 'oversold' strategy
by James Mitchell • 24 Jan 2014
Investing in property via an SMSF is an “oversold” strategy that could “wipe out” the retirement savings of...
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Economic woes threaten Melbourne market
by Steven Cross • 24 Jan 2014
Employment, consumer sentiment and first home buyer numbers are the key indicators to watch in Victoria during 2014,...
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Bank announces new head of intermediaries
by Staff Reporter • 24 Jan 2014
Suncorp Bank (Suncorp) has today confirmed the appointment of Steven Degetto to the role of head of intermediaries.
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Mortgage broker handed three-year ban
by Staff Reporter • 23 Jan 2014
ASIC has banned a former Sydney mortgage broker and real estate agent from engaging in credit activities for three...
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