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Breaking News
Fraudulent broker jailed
by Staff Reporter • 10 Feb 2010
A former NSW mortgage broker and property developer has been jailed for two years and three months after pleading...
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Second tier lender matches majors
by Staff Reporter • 10 Feb 2010
ING Direct has been named as a finalist in the Mortgage and Finance Association of Australia’s (MFAA) Lender of the...
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Stargate upgrades broker platform
by Staff Reporter • 10 Feb 2010
Stargate has announced it will partner with Microsoft to deliver an updated business technology platform to its 2,000...
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Mortgage EZY unveils third revenue stream
by Staff Reporter • 9 Feb 2010
Non-bank lender Mortgage EZY has developed a unique program, KICK Lending, that gives its broker business partners the...
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Govt warns against further rate hikes
by Staff Reporter • 9 Feb 2010
Treasurer Wayne Swan has taken a pre-emptive shot at lenders, telling Parliament yesterday that the removal of the...
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Collins gives investors leg up
by Staff Reporter • 9 Feb 2010
In a bid to increase its market share, non-bank lender Collins Securities has launched a non-genuine savings product...
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Brokers fear overregulation
by Staff Reporter • 9 Feb 2010
Mounting overhead costs and burdensome disclosure requirements are just two issues brokers are concerned about when...
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Hemisphere takes flight
by Staff Reporter • 8 Feb 2010
RESIMAC has today officially launched its new retail lending business, Hemisphere Financial Services.
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Home loan demand stumbles
by Staff Reporter • 8 Feb 2010
Demand for home loans dived in January as the effect of three consecutive interest rates took its toll on Australians...
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Firstfolio to acquire third target
by Staff Reporter • 8 Feb 2010
In a bid to become one of Australia’s leading non-bank mortgage managers, Firstfolio has made an off-market takeover...
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Auction results start year with a bang
by Staff Reporter • 8 Feb 2010
Despite three interest rate hikes last year and the threat of more this year, the real estate market has remained...
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Government shocks industry, withdraws guarantee
by Staff Reporter • 8 Feb 2010
In another sign that the economy is well on the road to recovery, the federal government has announced it will end its...
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Light at the end of the tunnel for RHG
by Staff Reporter • 5 Feb 2010
RHG Mortgage Corporation Limited looks set to reenter mortgage lending having raised its full-year profit guidance by...
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Homeloans expects profit surge
by Staff Reporter • 5 Feb 2010
Improving market conditions and robust business activity in the second half of 2009 have raised Homeloans expectations...
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Brokers to focus on long-term relationships: MFAA
by Staff Reporter • 5 Feb 2010
A new survey has found that borrowers are more likely to use brokers for short-term help in getting finance, but prefer...
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RESIMAC breaks into retail market
by Staff Reporter • 4 Feb 2010
RESIMAC has today revealed that it will launch a new retail lending business – a further indication that mortgage...
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LJ Hooker targets vendors
by Staff Reporter • 4 Feb 2010
In a bid to ramp up the number of listed properties on the market, LJ Hooker has launched a new campaign ‘Home Sweet...
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Smaller lenders challenge majors
by Staff Reporter • 4 Feb 2010
Smaller lenders are going head to head with the majors, ramping up their home loan offering in a bid to grab further...
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Lender takes on majors, lifts LVRs
by Staff Reporter • 4 Feb 2010
In a further sign that competition is reemerging in the market, Future Financial has increased its loan-to-value ratios...
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China credit constraints a positive step
by Staff Reporter • 4 Feb 2010
The Chinese government's move to restrict credit growth among the nation's banks will strip volatility out of the...
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Median land price jumps 5.7pc
by Staff Reporter • 4 Feb 2010
The cost of residential land continues to rise nationally, with a new report showing the median price of raw land...
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Top performing capital city revealed
by Staff Reporter • 4 Feb 2010
Hobart is officially Australia’s best performing capital city, recording an average growth rate of 12.8 per cent each...
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Rate freeze bodes well for brokers
by Staff Reporter • 3 Feb 2010
The surprise Reserve Bank decision to leave the official cash rate on hold at 3.75 per cent will help stimulate further...
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Second-tier banks disapprove guarantee change
by Staff Reporter • 3 Feb 2010
Australia’s second-tier lenders have criticised the government’s proposal to level the fee structure of the...
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Investor market on the rise
by Staff Reporter • 3 Feb 2010
Confirming what most brokers have known for some time, a new report from Westpac has revealed that investors are...
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