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Breaking News
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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Lender’s early Christmas present
by Staff Reporter • 1 Nov 2013
Non-bank lender Liberty has today announced that for the rest of the year, it will waive the application fee on full...
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Non-major raises fixed rates
by Steven Cross • 1 Nov 2013
ING DIRECT has made changes to its fixed rate products, following similar hikes from the four majors.
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Fight against property spruikers continues
by Staff Reporter • 1 Nov 2013
PIPA has reinforced its push for a more professional property investment industry with a string of new measures and...
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New CEO drives aggregator growth
by Steven Cross • 1 Nov 2013
FAST's Brendan Wright claims broker numbers are soaring since the brand revamped its offering.
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Inflation-adjusted house values remain down
by Staff Reporter • 1 Nov 2013
Capital city home values remain 6.5 per cent below previous market peaks when adjusted for inflation, according to RP...
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Short-term lender offers incentives
by Staff Reporter • 1 Nov 2013
Semper Capital is offering brokers an extra incentive to write short-term loans with them in the lead up to Christmas.
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Nation's top brokers revealed
by Steven Cross • 31 Oct 2013
The Adviser's fifth annual Elite Business Writers ranking reveals Australia’s top-performing brokers for the...
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Australians wary of 2014
by Staff Reporter • 31 Oct 2013
Consumer sentiment has fallen as concerns the Australian economy won’t perform in 2014 grow.
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Franchise network doubles in size
by Staff Reporter • 31 Oct 2013
A series of enticing initiatives have helped double the size of Resi Mortgage Corporation in 2013, with the non-bank...
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New home sales at 2-year high
by Staff Reporter • 31 Oct 2013
New home sales have increased in both the month and quarter of September 2013, according to the Housing Industry...
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Financial wellbeing at all-time high
by Staff Reporter • 31 Oct 2013
Australian households are experiencing record-high levels of financial wellbeing, according to the ING DIRECT Financial...
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APRA crackdown on high LVRs
by Steven Cross • 30 Oct 2013
The Australian Prudential Regulation Authority (APRA) has warned lenders they are willing to take action against loan...
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House prices racing into dangerous waters
by Steven Cross • 30 Oct 2013
RBA has called for vigilance from lenders and borrowers, as property prices begin to shoot upwards into unaffordable...
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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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