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Breaking News
Leads for the taking: 22pc of vendors don’t have finance
by Nick Bendel • 20 Feb 2014
Property research firm RP Data has revealed how brokers can generate 75 strong leads per year from their local area.
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Diversification equals dollars, say lenders
by Nick Bendel • 20 Feb 2014
Brokers who diversify into debtor finance and personal loans can “increase their income stream with a minimal amount...
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ASIC says penalties are too soft
by Nick Bendel • 20 Feb 2014
ASIC has asked parliament for increased powers and has called for law-breakers to be hit with tougher sentences.
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COBA calls for more competition
by Staff Reporter • 20 Feb 2014
The Customer Owned Banking Association has called for financial regulation reforms to deliver a more equitable...
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More rules won’t clean up industry, say brokers
by Nick Bendel • 19 Feb 2014
Brokers are adamant the industry does not need more regulation, despite another broker losing his credit licence.
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Better Business Summit registrations top 2,000
by Staff Reporter • 19 Feb 2014
Brokers and industry heads have shown strong support for the Better Business Summit, with the Melbourne leg now sold...
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Non-major grows loan book by 11.2pc
by Nick Bendel • 19 Feb 2014
Bendigo and Adelaide Bank customers are repaying their home loans too quickly for the bank’s own good.
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RBA predicts a 'period of stability in interest rates'
by Staff Reporter • 19 Feb 2014
Minutes from the latest RBA board meeting indicate the cash rate is set remain unchanged for some time after the board...
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Corporate collapses will always happen: govt
by Staff Reporter • 19 Feb 2014
Assistant Treasurer Arthur Sinodinos has said “no amount of regulation” can prevent collapses in the financial...
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Melbourne broker’s credit licence cancelled
by Staff Reporter • 18 Feb 2014
A Victorian mortgage broker has had his credit licence cancelled after ASIC raised concerns about his conduct.
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Choice adds 60 brokers, growing at 28pc
by Nick Bendel • 18 Feb 2014
Choice has revealed plans to more than double its network of retail brokers by targeting growth corridors.
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Non-banks make a broker 'look like a star'
by Nick Bendel • 18 Feb 2014
Non-banks say they are taking the fight to mainstream lenders and forecasting a greater share of the market.
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Award-winning young star diversifies into content marketing
by Nick Bendel • 18 Feb 2014
A star entrepreneur who combines mortgage broking with dry cleaning is about to launch a financial guidance newsletter...
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I’m turning around my business one lead at a time: broker
by Nick Bendel • 18 Feb 2014
A new Melbourne brokerage has blamed a lack of local marketing for its below-par performance.
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Auctions yet to disappoint
by Stacey Moseley • 18 Feb 2014
The auction market is yet to disappoint, with another weekend of strong performances across the country.
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CBA stars at Australian Lending Awards
by Nick Bendel • 17 Feb 2014
The Commonwealth Bank has praised brokers for their “excellent service” after being named Mortgage Lender of the...
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Five lenders announce rate changes
by Nick Bendel • 17 Feb 2014
Three major banks have cut their three-year fixed rates, while two non-majors have increased their fixed rates.
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Major cuts rates, offers bonuses, adds staff
by Nick Bendel • 17 Feb 2014
One major bank has responded to the “increasingly competitive market” by cutting rates and offering $1,000...
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Technology to link brokers and planners
by Staff Reporter • 17 Feb 2014
A popular mortgage broking CRM has teamed up with a leading wealth-planning software system to facilitate easier client...
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US doom merchant forecasts Australian property crash
by James Mitchell • 17 Feb 2014
China’s “bubble economy” will trigger a collapse of Australian property prices, a renowned economic forecaster...
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Brokers recruit better clients than banks: NAB
by Nick Bendel • 14 Feb 2014
Brokers secure more valuable mortgage clients than lenders – and NAB Broker has the numbers to prove it.
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VIC bushfires: brokers narrowly escape, lenders offer assistance
by Nick Bendel • 14 Feb 2014
A mortgage broker has had a narrow escape from the Victorian bushfires – as has a client whose home loan just...
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Expert tells ageing brokers how to cash in on first home buyers
by Nick Bendel • 14 Feb 2014
Internationally-renowned demographer Bernard Salt has revealed the secret to winning Gen Y clients: target their...
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Brokers who don't diversify are 'dinosaurs': Symond
by Nick Bendel • 14 Feb 2014
Brokers who sell only mortgages are “dinosaurs”, according to Aussie Home Loans executive director James Symond.
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Non-bank announces key appointment
by Staff Reporter • 14 Feb 2014
A prominent non-bank lender has announced the appointment of an industry veteran to its management team.
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