Breaking News

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ASIC bans broker for five years
by Staff Reporter • 30 Apr 2014
ASIC has banned a former RAMS broker for five years after he created and submitted false documents for home loan... READ MORE
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Brokerage caught in $180K collapse
by Nick Bendel • 30 Apr 2014
A Queensland brokerage that diversified into building supplies, such as kit homes, has been wound up six years after... READ MORE
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Major follows rate-cutting trend
by Nick Bendel • 30 Apr 2014
One of the big four banks has become the latest lender to reduce rates after cutting five basis points from two of its... READ MORE
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Non-bank also announces rate cut
by Staff Reporter • 30 Apr 2014
Yellow Brick Road has taken a swipe at discounting by the major banks after announcing its own rate cut. READ MORE
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Mining boom over, construction boom just begun
by Kylie Purcell • 30 Apr 2014
Australia’s mining boom has ended and been replaced by a housing construction boom, according to a report released by... READ MORE
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Consumer confidence falls ahead of federal Budget
by Staff Reporter • 30 Apr 2014
Brokers may have to settle for reduced volumes between now and the federal Budget if a new survey is any guide. READ MORE
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Brokers cold on growing reverse mortgage market
by Nick Bendel • 29 Apr 2014
Reverse mortgages have been tipped to make a comeback – but most brokers don’t care. READ MORE
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Self-employed get special new product
by Staff Reporter • 29 Apr 2014
Self-employed borrowers could potentially save “thousands of dollars” with a new loan product. READ MORE
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Silver lining in $660m Banksia collapse
by Staff Reporter • 29 Apr 2014
Banksia Securities creditors have recouped most of their money in the two years since the firm collapsed. READ MORE
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Mortgage brokers advise clients to pay fast and pay now
by Kylie Purcell • 29 Apr 2014
With interest rates at an all-time low, Smartline Personal Mortgage Advisers are telling clients that now is the time... READ MORE
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Major bank announces commission bonus
by Staff Reporter • 29 Apr 2014
Westpac has doubled some insurance commissions for the next three months. READ MORE
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Lender cuts rates by 30 points
by Nick Bendel • 28 Apr 2014
The mortgage market has become even more competitive after another lender cut its fixed rates and waived its fees. READ MORE
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Competition fierce in new award categories
by Staff Reporter • 28 Apr 2014
A number of new categories have amplified interest in the fourth Australian Broking Awards. READ MORE
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Brokerage to hold nationwide lead generation day
by Nick Bendel • 28 Apr 2014
Yellow Brick Road brokers will lure Australians into branches on Saturday with the promise of free, non-judgemental... READ MORE
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Borrowers can use paintings to buy properties
by Nick Bendel • 28 Apr 2014
Brokers who cannot get their clients approved have been given another finance option: using artwork to borrow up to $1... READ MORE
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Australians grateful for 'intense competition' between big banks
by Staff Reporter • 28 Apr 2014
Happy home loan customers have driven approval for the banks to record highs, according to Roy Morgan Research. READ MORE
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ASIC bans Sydney brokerage
by Nick Bendel • 24 Apr 2014
ASIC has cancelled the licence of a Sydney brokerage – nine months after it was almost liquidated. READ MORE
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Bank cuts fixed rates again
by Nick Bendel • 24 Apr 2014
One non-major bank has announced another cut to its fixed rates, which have now fallen by up to 60 basis points in... READ MORE
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Another lender makes big rate cuts
by Nick Bendel • 24 Apr 2014
Life has become easier for non-conforming clients after one lender cut almost 100 basis points from some of its... READ MORE
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Investment advice turns clients into 'raving fans'
by Nick Bendel • 24 Apr 2014
New research has suggested that brokers are losing income by not offering or outsourcing property investment services. READ MORE
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21pc of would-be buyers are struggling for finance
by Staff Reporter • 24 Apr 2014
One in five potential buyers are unable to seal a deal because they cannot obtain finance, according to a new survey. READ MORE
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House prices may have reached ‘high water mark’
by Staff Reporter • 24 Apr 2014
The Sydney boom has “well and truly faded”, despite sharp price growth over the past year, according to Australian... READ MORE
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Industry needs more transparency, say brokers
by Nick Bendel • 23 Apr 2014
Brokers have echoed a call by two lenders for banks to be more transparent about which other banks, aggregators and... READ MORE
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Bank stats reveal winners and losers
by Staff Reporter • 23 Apr 2014
New market share data has revealed upward moves over the past year from two non-majors, while one industry giant has... READ MORE
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New owner joins forces with law firm
by Nick Bendel • 23 Apr 2014
One first-year principal has set himself the goal of hiring staff after moving out of the home office in which he... READ MORE