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Breaking News
Competition driving cuts: economist
by Michael Masterman • 24 Jan 2014
Increased competition in the mortgage market, not future cash rate expectations or cheaper funding, is the driving...
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SMSF property an 'oversold' strategy
by James Mitchell • 24 Jan 2014
Investing in property via an SMSF is an “oversold” strategy that could “wipe out” the retirement savings of...
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Economic woes threaten Melbourne market
by Steven Cross • 24 Jan 2014
Employment, consumer sentiment and first home buyer numbers are the key indicators to watch in Victoria during 2014,...
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Bank announces new head of intermediaries
by Staff Reporter • 24 Jan 2014
Suncorp Bank (Suncorp) has today confirmed the appointment of Steven Degetto to the role of head of intermediaries.
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Mortgage broker handed three-year ban
by Staff Reporter • 23 Jan 2014
ASIC has banned a former Sydney mortgage broker and real estate agent from engaging in credit activities for three...
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Major bank cuts fixed rates
by Staff Reporter • 23 Jan 2014
As the battle for customers intensifies, a second major bank has announced a cut to its fixed rate on selected home...
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Financial advice the future for brokers: survey
by Michael Masterman & Stacey Moseley • 23 Jan 2014
New research suggests that a majority of brokers believe it is feasible for them to offer financial advice.
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Brokers welcome new credit reforms
by Nick Bendel • 23 Jan 2014
Brokers have cautiously welcomed impending changes to credit reporting, with the final piece of the legislative jigsaw...
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Aggregator commits to big 2014
by Staff Reporter • 23 Jan 2014
A leading aggregator has committed to increased broker support after boosting leads to brokers by 500 per cent in...
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Cash rate to remain on hold: economist
by Staff Reporter • 23 Jan 2014
Inflation figures released by the Australian Bureau of Statistics suggest interest rates are to remain on hold for...
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Consumer sentiment down in the New Year
by Staff Reporter • 23 Jan 2014
Consumer sentiment has fallen to its lowest level since July 2013, according to the Westpac-Melbourne Institute Index...
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Non-bank launches new niche product
by Michael Masterman • 22 Jan 2014
Homeloans Ltd has launched a new product aimed at borrowers who might ordinarily fall outside mortgage insurance and...
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Major bank announces fixed rate cut
by Staff Reporter • 22 Jan 2014
In further confirmation of a highly competitive mortgage market, a major bank has cut its fixed rates on selected...
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Major offers $1,000 rebate for FHBs
by Staff Reporter • 22 Jan 2014
A major bank is offering first home buyers a $1,000 rebate on applications submitted before 31 March 2014.
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Mortgage enquiries jump 15.3pc
by Nick Bendel • 22 Jan 2014
Mortgage enquiries have reached four-year highs and are forecast to continue rising, according to one credit demand...
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New sales boss to grow broker business
by Nick Bendel • 22 Jan 2014
Loan insurers ALI Group has appointed a new regional sales boss to help coach and influence brokers to sell insurance.
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Broking one of the most 'in-demand' professions
by Steven Cross • 21 Jan 2014
Mortgage broking is predicted to be among the most in-demand professions in the banking and finance sectors for 2014,...
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ING DIRECT reduces variable rates
by Staff Reporter • 21 Jan 2014
In a sign that the mortgage market will be highly competitive in 2014, one non-major has moved to reduce its variable...
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Non-majors' market share triples
by Staff Reporter • 21 Jan 2014
Non-major lenders have tripled their market share of new fixed-rate loans, according to AFG’s quarterly Competition...
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FHBs rejoice as investors head north
by Steven Cross • 21 Jan 2014
Investors are turning their sights towards Brisbane, giving first-time home buyers in Sydney and Melbourne a breath of...
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WA named top-performing economy
by Staff Reporter • 21 Jan 2014
CommSec has released its quarterly State of the States economic performance report, with Western Australia again rated...
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Confidence soars in the property industry
by Staff Reporter • 21 Jan 2014
Confidence in the market among property industry professionals has reached an all-time high, a business sentiment...
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Convergence best controlled by planners: Omniwealth
by James Mitchell • 20 Jan 2014
It is more viable for a financial planner to add a mortgage broking component to their business than for a mortgage...
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Better Business Summit tickets selling fast
by Staff Reporter • 20 Jan 2014
Brokers looking to attend the inaugural Better Business Summit are being urged to secure their tickets quickly, with...
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2014 rate cut 'months away': economists
by Steven Cross and Michael Masterman • 20 Jan 2014
The cash rate is expected to remain on hold well into the year as weak employment figures continue to offset the...
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