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Breaking News
ASIC told to back off
by Nick Bendel • 31 Mar 2014
Large numbers of brokers are convinced that ASIC holds brokers to higher standards than lenders.
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Is it really becoming harder to buy a home?
by Nick Bendel • 31 Mar 2014
The verdict is in and it’s inconclusive: homes are becoming less affordable – but they’re also becoming more...
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Regulator gives big tick to MFAA
by Nick Bendel • 31 Mar 2014
One of Australia’s key regulators has praised the MFAA for setting higher standards than the law demands.
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Half our clients may want SMSF advice, says Sydney firm
by Nick Bendel • 31 Mar 2014
Plan2day has responded to the boom in SMSFs by adding a superannuation arm to its business.
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Home buyer confidence falls in March
by Staff Reporter • 31 Mar 2014
Reduced first home buyer numbers and cost of living pressure are undermining home buyer confidence, a key industry...
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ASIC investigations lead to two convictions
by Staff Reporter • 28 Mar 2014
ASIC announced today that one broker has pleaded guilty to identity theft while an accountant has been banned for loan...
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Chinese agent flying to Sydney for cashed-up clients
by Nick Bendel • 28 Mar 2014
Hong Kong investors are showing strong interest in the Australian market – partly because they can borrow money at 2...
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House prices always fall: RBA
by Nick Bendel • 28 Mar 2014
The Reserve Bank of Australia has praised the nation's housing market at an overseas conference but also warned that...
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Banks warned about lending standards
by Nick Bendel • 28 Mar 2014
Some banks may be letting big profits go to their heads by dropping lending standards, according to the Reserve Bank of...
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Brokerage donates hundreds of thousands of dollars to good causes
by Nick Bendel • 28 Mar 2014
Sydney firm 1st Street Home Loans has forecast it will make up to $90,000 of charitable donations this financial year.
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Clients prefer printed marketing to digital: marketing expert
by Nick Bendel • 28 Mar 2014
Printed marketing pieces like postcards will generate a better response from clients than email blasts, according to...
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Brokers call for banks and govt to help first home buyers
by Nick Bendel • 27 Mar 2014
Government assistance and flexible lending policies could be the key to helping new borrowers enter the market.
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Non-bank lenders 'keep the banks honest'
by Nick Bendel • 27 Mar 2014
Brokers have voiced support for the competition the non-banks bring to the industry, as the winners of the Non-Bank...
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Foreigners not to blame for high prices: real estate lobby
by Nick Bendel • 27 Mar 2014
Governments not foreigners are to blame for the shortage of affordable housing, according to the Real Estate Institute...
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Full Circle 'diversifies' into footy and cricket
by Nick Bendel • 27 Mar 2014
One Melbourne brokerage plans to boost client loyalty by offering free access to an MCG corporate box.
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Developer-turned-lender feels wrath of ASIC
by Staff Reporter • 27 Mar 2014
Queensland developer Kawana Island Properties has fallen foul of ASIC after engaging in unlicensed credit activity.
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Liquidation looms for national brokerage
by Nick Bendel • 26 Mar 2014
A brokerage with offices in five states may be liquidated in five days.
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Big four banks too dominant: MFAA
by Staff Reporter • 26 Mar 2014
The MFAA has called for the federal government to lower borrowing costs by undermining the power of the big banks.
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Fewer loans approved after NCCP: Steve Kane
by James Mitchell • 26 Mar 2014
The National Consumer Credit Protection laws have meant fewer loans but better lending outcomes.
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Clients can reward you for telling them hard truths
by Nick Bendel • 26 Mar 2014
Sometimes the best way to impress a client is to say no or lower their expectations, according to one firm.
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First home buyers given dire warning
by Staff Reporter • 26 Mar 2014
First home buyers are being held “hostage” by investors, according to one finance comparison website.
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More lenders cut rates by 15 points
by Nick Bendel • 25 Mar 2014
Three lenders have reduced their fixed rates, while a fourth lender has introduced new LVR tiers.
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Brokers challenged on financial planning skills
by Staff Reporter • 25 Mar 2014
Financial planning could be a “bridge too far” for mortgage brokers, according to BT Financial Group’s general...
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Star firm finds older brokers are more loyal and productive
by Nick Bendel • 25 Mar 2014
Finance Achievers has attributed its award-winning success to a strategy of recruiting experienced brokers over...
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Bank to offer brokers more as profit falls
by Nick Bendel • 25 Mar 2014
ING Direct will offer brokers more cross-selling opportunities as part of its strategy to become the “primary bank”...
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