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Breaking News
Homeloans Ltd expands team
by Reporter • 2 Jul 2018
Non-bank lender Homeloans has created two new roles to grow the third-party sales team and help support future growth.
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Rate hike would be a ‘major policy mistake’: AMP
by Reporter • 2 Jul 2018
AMP economist Shane Oliver has dismissed a claim from former Reserve Bank board member Warwick McKibbin, who suggested...
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Australia’s top brokers revealed!
by Reporter • 29 Jun 2018
The best mortgage and finance brokers in Australia have been named at The Adviser’s Australian Broking Awards 2018.
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Brokers flagged in ASIC’s scathing ‘one-stop shop’ report
by Miranda Brownlee and James Mitchell • 29 Jun 2018
Mortgage brokers, accountants, financial planners and property agents have been named in a damning report from the...
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Brokerage hires new head of debt capital
by Reporter • 29 Jun 2018
Brokerage and financial advisory firm Catalyst Advisers has appointed a former NAB associate to lead its commercial...
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‘Significant’ spike in funding costs prompts rate hike
by Reporter • 28 Jun 2018
BOQ has announced that it will be increasing interest rates across its variable home loans and lines of credit for...
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Loans approved outside of serviceability triple in one year
by Reporter • 28 Jun 2018
The value of loans approved outside of serviceability has tripled to a whopping $4.3 billion in just 12 months, which...
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Investors abandon interest-only loans
by Reporter • 28 Jun 2018
New APRA data shows that at least half of all new investor borrowers are taking out loans with principal and interest...
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Booming property has ‘conditioned’ us to expect profits: CEO
by James Mitchell • 27 Jun 2018
The chief executive of a Sydney-based real estate group says that skyrocketing property prices have given Australians a...
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NAB brings on ‘home lending specialists’
by Reporter • 27 Jun 2018
“Specially trained” home lending specialists are being brought in to NAB’s banks to “offer customers expert...
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Non-bank assumes 20% default rate for apartments
by James Mitchell and Tim Stewart • 27 Jun 2018
A non-bank lender has revealed how it stress-tests new residential projects amid fears of oversupply, rising defaults,...
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Mortgage Choice partners with P2P lender
by Reporter • 26 Jun 2018
Mortgage Choice brokers will now have access to a greater range of loan products following the announcement of a new...
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Find out who the leading brokers in Australia are
by Reporter • 26 Jun 2018
There are just two days left to buy tickets for the Australian Broking Awards 2018, so make sure you secure your spot...
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Property professional expects tighter credit to lift house prices
by Reporter • 26 Jun 2018
On Your Side Investments founder Mike Harvey is forecasting Brisbane property prices to grow by up to 70 per cent over...
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‘Clean and timely exit’: CBA to cut ties with Aussie
by James Mitchell • 26 Jun 2018
CBA’s decision to distance itself from Aussie Home Loans via the bundled spin-off of its wealth management business...
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ASIC wants to embed agents within major banks
by Tim Stewart • 25 Jun 2018
New ASIC chairman James Shipton is asking the government for additional funds to embed staff within the big four banks...
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RateSetter to ‘accelerate’ broker strategy with new appointment
by Reporter • 25 Jun 2018
Peer-to-peer lender RateSetter has confirmed that it has hired ING’s former head of third-party distribution and...
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Aussie to list on ASX as part of new wealth group
by Reporter • 25 Jun 2018
The Commonwealth Bank of Australia has announced that it will demerge its wealth management and mortgage broking...
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Industry ‘on notice’ over conflicts of interest: ASIC
by Reporter • 25 Jun 2018
The new chairman of ASIC has told a parliamentary committee that he plans to use “every inch” of the corporate...
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Credit squeeze hits elite brokers as lenders scrutinise expenses
by Reporter • 25 Jun 2018
As banks continue to tighten their home lending policies in response to regulatory pressure and the negative press...
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Young brokers recognised among elite finance professionals
by Reporter • 25 Jun 2018
A handful of young Australians working in the mortgage and finance industry have been recognised for their excellence...
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Broker donates trail to charity
by Reporter • 22 Jun 2018
A Western Sydney-based broker is donating 10 per cent of his trail commission to charity to help support victims of...
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Former CBA boss weighs in on broker commissions
by Tas Bindi • 22 Jun 2018
A former CBA chief executive has expressed his views on a potential “dilemma” with mortgage broker commissions and...
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Federal Court approves CBA’s $20m settlement over BBSW manipulation
by Tas Bindi • 22 Jun 2018
The Federal Court has approved Commonwealth Bank’s $20 million settlement with ASIC for manipulating the bank bill...
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Mutual home loan growth outpaces big four
by Reporter • 21 Jun 2018
The latest quarterly statistics from the prudential regulator show strong growth for the customer-owned banking...
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