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Breaking News
Citi reconfirms regional potential
by Steven Cross • 17 Jan 2014
Despite being seen as a thoroughly metropolitan lender catering to affluent and emerging-affluent individuals, Citi has...
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Unemployment holds steady in December: ABS
by Staff Reporter • 17 Jan 2014
Australia's seasonally-adjusted unemployment rate increased by 0.1 percentage points but the rounded estimate remained...
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New housing recovery continues: HIA
by Staff Reporter • 17 Jan 2014
Housing data released by the Australian Bureau of Statistics (ABS) shows a recovery in new home building, according to...
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Bank extends promo offering
by Steven Cross • 16 Jan 2014
In a clear indication that competition remains strong for home loan business, one lender is extending its promotional...
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Five indicators to watch: AMP
by James Mitchell • 16 Jan 2014
As the global economy enters a period of transition and normalisation in 2014, AMP Capital chief economist Shane Oliver...
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Lenders lend a helping hand
by Steven Cross • 16 Jan 2014
Australian lenders have banded together to provide financial support to help relieve the suffering of Western...
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US property market rebounds
by Vivienne Kelly • 16 Jan 2014
Property prices in the United States climbed in the year to November 2013 while Australian investors are increasingly...
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Limited profit growth expected for banks: Fitch
by Staff Reporter • 16 Jan 2014
Strong competition for loans is likely to result in limited profit growth for Australian banks in 2014, according to...
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Broking built on housecalls: expert
by Steven Cross • 15 Jan 2014
An authority on customer service has hit back at Australia’s top broker after he claimed he refuses to do...
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Mortgage, advice convergence set to snowball
by James Mitchell • 15 Jan 2014
The convergence of mortgage broking and financial planning looks set to increase as a greater number of advisers seek...
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Aggregator records massive growth
by Steven Cross • 15 Jan 2014
One aggregator has increased settlements by more than 40 per cent in just 12 months after boosting broker numbers in...
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Survey reveals limited support for property regulation
by James Mitchell • 15 Jan 2014
An underwhelming proportion of respondents to an industry survey believe property investment advice should be...
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Unemployment hits highest rate since 1995
by Staff Reporter • 15 Jan 2014
Unemployment has reached its highest level since January 1995, according to research house Roy Morgan.
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Hot market will burn lax brokers
by Steven Cross • 14 Jan 2014
Brokers getting too caught up in the hot property market may suffer in coming months, according to a senior industry...
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Home loan approvals reach 4-year high
by Staff Reporter • 14 Jan 2014
Home loan approvals reached a four-year high in November, according to new figures released by the Australian Bureau of...
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SMSF borrowings prudent: SPAA
by Staff Reporter • 14 Jan 2014
In light of recent statistics released by the ATO, there is no indication SMSF borrowings are either “exponential or...
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LVRs drop as investor activity increases
by Staff Reporter • 14 Jan 2014
Average LVRs have fallen to their lowest levels since June 2012, according to the latest AFG Mortgage Index.
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Leading brokerage launches recruitment drive
by Staff Reporter • 14 Jan 2014
A leading brokerage is embarking on an aggressive recruitment drive to capitalise on anticipated positive market...
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Leading brokers wary of outsourcing
by Steven Cross • 13 Jan 2014
Many brokers are dubious about outsourcing their business activity – except when it comes to marketing...
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Commercial market jumps 94pc
by Steven Cross • 13 Jan 2014
Sales transactions in the commercial property market almost doubled in the fourth quarter of 2013 from the figure 12...
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Housing credit growth up slightly
by Staff Reporter • 13 Jan 2014
Housing credit growth remained subdued in November 2013, increasing by just 0.5 per cent to be up by 5.1 per cent for...
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Brisbane tipped to overtake southern capitals
by Brendan Wong • 13 Jan 2014
Despite being overshadowed by Sydney and Melbourne, Brisbane is tipped to take the lead as the country’s strongest...
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Strong growth recorded in new home sales
by Staff Reporter • 13 Jan 2014
Representing a positive indicator for residential housing construction, new home sales posted strong growth of 7.5 per...
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ASIC let off for unlicensed business
by Steven Cross • 10 Jan 2014
Despite showing little mercy to brokers for minor transgressions, ASIC has allowed a collections agency in breach of...
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BoM announces new state manager
by Staff Reporter • 10 Jan 2014
The Bank of Melbourne (BoM) has announced a new state manager, mortgage broking for the bank's Victorian operations.
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