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Breaking News
Broker banned for five years
by Staff Reporter • 8 Nov 2013
ASIC has banned a Melbourne broker for five years, as well as cancelled his company’s credit licence, after an...
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Trend employment falling
by Staff Reporter • 8 Nov 2013
Market expectations of a 10,000 job rise in employment in October proved to be unfounded, with an actual increase of...
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TAS doubles home builder grant to stimulate economy
by Brendan Wong • 8 Nov 2013
The Tasmanian government has announced it will double the First Home Builder Boost to dramatically stimulate first home...
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Melbourne auction market gallops back to form
by Brendan Wong • 8 Nov 2013
Melbourne’s auction market is set to return to form this weekend following the distractions of last weekend’s...
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Bank launches 97pc LVR product
by Steven Cross • 7 Nov 2013
A non-major lender has announced a 97 per cent LVR loan for first home buyers which the lender claims brings it up with...
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Adelaide Bank reduces commercial rates
by Staff Reporter • 7 Nov 2013
Adelaide Bank has announced a 75 basis point reduction in new loan variable and fixed rates on its SmartSuite...
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Gold Coast experiencing house-led recovery
by Staff Reporter • 7 Nov 2013
The Gold Coast housing market has recorded its strongest annual increase in home value growth since May 2010, according...
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RAMS CEO to step down
by Staff Reporter • 7 Nov 2013
After five years with the company, CEO of RAMS Melos Sulicich has decided to step aside from the brand.
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Aussie breaks $2bn in October
by Staff Reporter • 7 Nov 2013
October has proved to be one of the best months on record for loan writing, with Aussie breaking the $2 billion mark.
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Borrowers turn to LMI as market booms
by Steven Cross • 6 Nov 2013
With the property market increasingly robust, consumers would rather borrow with low deposits and pay LMI than save for...
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Welcome Australia group slams lenders
by Steven Cross • 6 Nov 2013
Welcome Australia has weighed into the senate inquiry into low-doc and no-doc loans, claiming that lenders preyed upon...
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Mixed results for WA market
by Staff Reporter • 6 Nov 2013
Western Australia’s property market has delivered a mixed result over the September quarter, according to the latest...
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Sale listings on the up
by Staff Reporter • 6 Nov 2013
Residential property listings increased by 1.5 per cent in October, according to figures released by SQM Research.
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Prime mortgage arrears improve in August
by Staff Reporter • 6 Nov 2013
Delinquencies in excess of 30 days in the Australian prime residential mortgage market measured 1.35 per cent in...
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RBA rate announcement - Nov 2013
by Michael Masterman • 5 Nov 2013
The RBA has announced the outcome of its monthly board meeting.
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Lender aims to become the 'broker's bank'
by Steven Cross • 5 Nov 2013
The new head of broker distribution at Adelaide Bank plans to turn the lender into the ‘broker’s bank’ by putting...
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Over 500 nominations received for Better Business Awards
by Staff Reporter • 5 Nov 2013
Nominations for the inaugural Better Business Awards have now closed, with more than 500 nominations received over the...
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Brokers in high demand as property heats up
by Staff Reporter • 5 Nov 2013
Borrower demand has reached record highs, with new figures from AFG showing that consumers are relying heavily on...
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Jobs market stabilising
by Staff Reporter • 5 Nov 2013
Job advertisements fell a modest 0.1 per cent month-on-month in October following a 0.2 per cent gain in September,...
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Major bank announces huge profit
by Staff Reporter • 5 Nov 2013
Westpac has announced cash earnings of $7.1 billion dollars in 2012/2013, an increase of 8 per cent from...
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Brokers divided over client ownership
by Steven Cross • 4 Nov 2013
While brokers overwhelmingly agree that aggregators and lenders don't ‘own’ the client, they are still divided over...
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Borrowers move on fixed rates
by Steven Cross • 4 Nov 2013
Demand for fixed rate loans has risen after a number of lenders, including the big four, increased their rates in...
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Risky lending is no threat
by Steven Cross • 4 Nov 2013
A major lender has hit back at claims from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank...
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QLD confidence rises
by Staff Reporter • 4 Nov 2013
Business confidence has hit a 19-month high in Queensland, according to the latest research from Westpac.
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Scammer strikes again
by Steven Cross • 4 Nov 2013
Despite a court ordered ban until 2028, Mark Whittingham has once again been embroiled in a new scam involving the sale...
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