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Breaking News
Three appointed to MFAA board
by Staff Reporter • 25 Nov 2013
Three leading mortgage and finance industry professionals have just been appointed to the board of the MFAA.
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Report offers solution to WA's housing crisis
by Brendan Wong • 25 Nov 2013
A Western Australian housing body has released a new report in the hope that it will stimulate reforms to deal with the...
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Records topple at leading aggregator
by Staff Reporter • 25 Nov 2013
Connective has announced that October was the aggregator's best ever month, with members settling over $2 billion...
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Higher rates for fixed rate loans
by Staff Reporter • 25 Nov 2013
Since early September, lenders have been raising their rates for more than 180 fixed rate home loan products, with 88...
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Beacon launches mortgage broking arm
by Tim Stewart • 22 Nov 2013
Non-institutional licensee Beacon Group will diversify into mortgage broking services through a deal struck with...
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Supermarkets tipped to shake up industry
by Steven Cross • 22 Nov 2013
Almost one third of brokers believe in the next five years the biggest impact on the mortgage industry will come from...
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Borrowers cautious about high LVR loans
by Staff Reporter • 22 Nov 2013
Only one in 10 borrowers are comfortable borrowing as much as 97 per cent of a property's sale price, according to a...
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COBA calls for an end to majors' 'unfair advantage'
by Staff Reporter • 22 Nov 2013
The Customer Owned Banking Association (COBA) has called on the Financial System Inquiry (FSI) to address the “unfair...
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Australians positive about their finances
by Staff Reporter • 22 Nov 2013
A majority of Australians are confident about their financial situation, according to the National Consumer Sentiment...
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Ambitious plans for debtor finance company
by Staff Reporter • 22 Nov 2013
One of Australia’s largest debtor finance companies is putting weight behind its ambitious growth plans by appointing...
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Bank snaps up chunk of major aggregator
by Alex Whitlock • 21 Nov 2013
Macquarie Bank has secured a stake in aggregation group Connective, with the deal extending the bank’s footprint...
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Credit conditions restricting construction
by Michael Masterman • 21 Nov 2013
Tight credit conditions and significant tax and regulatory burdens are hindering new home construction, according to...
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First timers buying with wealth creation in mind
by Staff Reporter • 21 Nov 2013
A majority of young Australians buy their first property with a future wealth strategy in mind, according to results of...
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Aussie aims to grow WA team by 50pc by 2015
by Steven Cross • 21 Nov 2013
Australia’s largest brokerage group is on the expansion trail, with hopes to grow from 100 employees to 150 in WA by...
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Changing times at industry law firm
by Staff Reporter • 21 Nov 2013
Mortgage Settlements Australia, a law firm with 20 years' experience in the mortgage industry, has rebranded to MSA...
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More banks to follow Macquarie commission hikes
by Steven Cross • 20 Nov 2013
A swathe of commission hikes in the latter half of 2013 will prompt more lenders to up incentives to brokers as they...
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Consumers optimistic about future
by Steven Cross • 20 Nov 2013
More than half of all Australians are comfortable with their current financial situation, while one third claim to have...
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Calls to clarify SMSF laws
by Michael Masterman • 20 Nov 2013
Superannuation Australia has called on ASIC to clarify the law so that only financial advisers and accountants can...
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RBA board shows easing bias remains
by Michael Masterman • 20 Nov 2013
Minutes from the Reserve Bank of Australia’s November board meeting show that a clear easing bias remains, but for...
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New website links brokers and investors
by Staff Reporter • 20 Nov 2013
Property Investment Professionals of Australia (PIPA) has launched a new website to help property professionals,...
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ANZ price fixing allegations dismissed
by Steven Cross • 19 Nov 2013
The Federal Court has dismissed proceedings brought by the Australian Competition and Consumer Commission (ACCC) that...
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Brokers expected to write half of all loans
by Michael Masterman • 19 Nov 2013
Brokers have increased their market share to a new high of 46.4 per cent of all home loans written, according to...
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Stop focusing on profit:coach
by Steven Cross • 19 Nov 2013
A majority of brokers are getting business plans wrong by focusing on goals and profit, according to one industry...
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Brokers missing important data
by Stacey Moseley • 19 Nov 2013
Many mortgage brokers are not fully utilising all the client information they collect, according to one major bank...
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Auction market maintains runaway results
by Brendan Wong • 19 Nov 2013
Sydney’s weekend auction market did not slow down over the weekend, with buyer and seller numbers at record levels.
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