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Breaking News
Treasury questions ban on exit fees
by Staff Reporter • 18 Oct 2013
The Treasury Department has requested industry comment on the banning of loan exit fees brought in under the previous...
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Beloved father, husband dies on Mount Everest
by Staff Reporter • 17 Oct 2013
A brokerage director has died saving his wife, award-winning broker Wendy Higgins and two friends from an avalanche...
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Non-bank tweaks policy to cater for unique property
by Michael Masterman • 17 Oct 2013
A specialised mortgage lender has changed its policy to cater for demand for small apartments.
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Rental yields declining
by Staff Reporter • 17 Oct 2013
Rental yields have begun to fall as housing values rise faster than rental rates, according to research by RP Data.
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Consumer confidence continues to rise
by Staff Reporter • 17 Oct 2013
Consumer confidence has reached its highest level since January 2011, according to the latest Roy Morgan research.
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Aus may adopt NZ's 80pc LVR maximum
by Steven Cross • 16 Oct 2013
New Zealand has adopted a maximum 80 per cent loan-to-value ratio (LVR) rule in a bid to curb risky lending, which some...
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Brokers upskilling on SMSFs
by Staff Reporter • 16 Oct 2013
More than 130 credit advisers are now enrolled in a Mortgage & Finance Association of Australia (MFAA) training...
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Rate cut scheduled for 2014
by Staff Reporter • 16 Oct 2013
While the Reserve Bank of Australia (RBA) appears to be in favour of cutting the current cash rate further, it remains...
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Housing outlook solid to 2016
by Michael Masterman • 16 Oct 2013
Sydney, Perth and Brisbane will drive the Australian housing market over the next three years, according to the...
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Lender hints at new SMSF loan for brokers
by Steven Cross • 15 Oct 2013
A direct-to-consumer online lender has launched an aggressively priced SMSF product, which Firstmac hinted may soon...
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Loans drop for first time in 2013
by Staff Reporter • 15 Oct 2013
For the first time this year both the value and the number of housing commitments fell in August, according to the...
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Pay later broker education scheme launched
by Staff Reporter • 15 Oct 2013
A leading training company has made it easier for brokers to learn on the job.
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No end in sight for record-breaking spring
by • 15 Oct 2013
Sydney and Melbourne have continued to record solid auction performances despite higher listing numbers over the...
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Fees and taxes biggest homebuyer worries
by Staff Reporter • 15 Oct 2013
Fees and taxes top the list of the most common concerns among Australian borrowers, according to a survey by a major...
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BOQ eyes broker volumes for growth
by Steven Cross • 14 Oct 2013
The Bank of Queensland (BOQ) is looking to brokers to build on their surge in profits over the past financial year,...
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Rental yields a concern for investors
by Staff Reporter • 14 Oct 2013
Rental yields have begun to decline as housing values rise faster than rental rates, according to research by RP Data.
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Building activity on the up
by Staff Reporter • 14 Oct 2013
Dwelling commencements increased in 2012/2013 following two consecutive years in decline, according to housing data...
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Process services division launched
by Staff Reporter • 14 Oct 2013
A world-leading technology company has launched a business process services division with a core focus on mortgage...
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Australians' wealth driven by property
by Staff Reporter • 14 Oct 2013
Australians have the highest median wealth in the world, largely due to real estate holdings, according to a new report...
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CBA finally offers offset
by Stacey Moseley • 11 Oct 2013
After many years of promises Commonwealth Bank has finally come through with their transactional offset account.
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Top broker group to be recognised
by Reporter • 11 Oct 2013
The Better Business Awards has today expanded its program to include a Best Broker Group category, which will...
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Financial planning body warns brokers
by Aleks Vickovich and Steven Cross • 11 Oct 2013
Brokers looking to diversify into financial planning should be wary of labelling themselves as 'planners' unless they...
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Property professionals feeling positive
by Staff Reporter • 11 Oct 2013
House prices have improved over the past quarter but according to a NAB report, Australians can expect even faster...
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Unemployment rate drops - Oct 2013
by Staff Reporter • 11 Oct 2013
Seasonally adjusted unemployment decreased by 0.1 per cent in September, according to the latest Australian Bureau of...
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Young brokers lead charge to planning
by Steven Cross • 10 Oct 2013
Financial planning is a core focus for almost half of top-performing young brokers, highlighting the rapid convergence...
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