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Breaking News
Online banks present opportunity for brokers
by Michael Masterman • 30 Oct 2013
Online banks can actually improve brokers’ value proposition, as an excess of information increases the value of good...
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ANZ profit up 11 per cent
by Staff Reporter • 30 Oct 2013
Strong home loans growth has helped ANZ to achieve a cash profit after tax of $6.5 billion for the 2013 financial year,...
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IMB recognised for home loans
by Staff Reporter • 30 Oct 2013
IMB Building Society has received a five star rating for four of its home loan products from Canstar, making it the...
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Online supporting docs the way of the future
by Steven Cross • 29 Oct 2013
St George Bank has unveiled its new broker submission software yesterday, with brokers involved in the trial labelling...
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AFG prices 2nd RMBS issue this year
by Staff Reporter • 29 Oct 2013
The leading aggregator has successfully priced a residential mortgage-backed security (RMBS) at $300 million.
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Tech giants pose greatest threat to banks
by Staff Reporter • 29 Oct 2013
A new era for banking could be on the horizon, with international technology companies looking to muscle in on the...
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Melbourne delivers on super Saturday forecast
by Brendan Wong • 29 Oct 2013
Melbourne experienced a super Saturday, with the city hosting the highest ever number of weekend auctions.
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Borrowers urged to prepare for rate rise
by Staff Reporter • 29 Oct 2013
With much speculation that interest rates have reached their lowest point, mortgage holders are being urged to prepare...
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Brokers not to blame in subprime scandal
by Steven Cross • 28 Oct 2013
Evidence suggests brokers are not to blame despite ASIC's jump to roast brokers in the Senate inquiry into the subprime...
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One week left to nominate for business awards
by Stacey Moseley • 28 Oct 2013
Entries for the brokers' inaugural Better Business Awards close this Friday 1 November.
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Resimac succeeds in RHG takeover
by Staff Reporter • 28 Oct 2013
Resimac has emerged victorious after battling Pepper for the past two months for the acquisition of the former RAMS...
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Brokers decide who “owns” the client
by Stacey Moseley • 28 Oct 2013
Discussion has erupted after The Adviser revealed an ongoing legal battle over client ownership.
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Non-major lender has plans to expand
by Michael Masterman • 28 Oct 2013
A non-bank lender has moved into new Sydney premises as part of continued expansion plans designed to increase its loan...
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Brokers 'vulnerable' if SMSFs collapse
by Steven Cross • 25 Oct 2013
Brokers have been wedged into a dangerous position, and could be the scapegoat when market hype over self-managed super...
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Non-major banks double market share
by Staff Reporter • 25 Oct 2013
The big four banks are losing ground in the fixed rate home loan space, as the non-majors double their market share in...
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Housing market sentiment drops
by Staff Reporter • 25 Oct 2013
Confidence in the Australian housing market has fallen, according to the latest RP Data research.
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Bank posts record profit
by Staff Reporter • 25 Oct 2013
A non-major lender has posted a 14th consecutive record pre-tax profit for 2012/2013.
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RE/MAX-Vow joint venture signs up first brokers
by Staff Reporter • 25 Oct 2013
Australian Property Finance has announced the first brokers to join the new group looking to leverage of the wide range...
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Hardship assistance package on offer
by Staff Reporter • 24 Oct 2013
Non-bank lender announces support package for those affected by the current bushfire crisis.
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Non-major to support Better Business for brokers
by Stacey Moseley • 24 Oct 2013
Citi is the latest industry stakeholder to support business growth for brokers by throwing its weight behind The...
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Rates to hold steady: AMP economist
by Michael Masterman • 24 Oct 2013
A surge in inflation in the September quarter has further reduced the chance of another interest rate cut, according to...
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Investor group urges borrowers not to fix
by Steven Cross • 24 Oct 2013
While economists have been telling borrowers that now is the time to fix, one investor's group is claiming one more...
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Home loans most common dispute
by Staff Reporter • 24 Oct 2013
Almost 50 per cent of disputes accepted by the Financial Ombudsmen Service (FOS) in 2012/2013 were about credit...
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BOQ opens books to ASIC investigation
by Steven Cross • 23 Oct 2013
It has been revealed that 46,000 Bank of Queensland (BOQ) customers have been impacted by a decade-long series of rate...
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Crackdown on SMSF spruikers
by Staff Reporter • 23 Oct 2013
ASIC has warned SMSF promoters they will be heavily scrutinising any claims made about investment properties involved...
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