Breaking News
Rate spread to widen amid IO crackdown, says broker
by • 28 Jul 2017
A leading Sydney-based mortgage broker has explained how regulatory pressures to reduce interest-only lending...READ MORE
Connective brokers settle record amount in June
by • 28 Jul 2017
The major aggregator has revealed that its brokers settled a record amount of loans in June, surpassing the $4 billion... READ MORE
Non-bank launches loan tracking tool
by • 28 Jul 2017
One of Australia’s largest non-bank lenders has launched a new loan tracking app aimed at helping mortgage brokers... READ MORE
New LIXI CEO focuses on 'democratising' mortgage processing
by • 27 Jul 2017
Dr Shane Rigby, the new CEO of LIXI, reveals what the body has been up to since he stepped into the role left vacant by... READ MORE
Elite broker shares his top tips for success
by • 27 Jul 2017
Melbourne-based elite broker Josh Egan has revealed his top tips to success and how he made it through the crucial... READ MORE
‘Own the destination’: The key pillars of SEO
by • 27 Jul 2017
Brokers looking to improve their search engine ranking should adhere to this digital marketing catchphrase: “share... READ MORE
Westpac group changes rates
by • 27 Jul 2017
A big four bank and its subsidiaries have changed interest rates on a range of loans for both owner-occupiers and... READ MORE
‘Everybody’ needs a mentor: FBAA
by • 27 Jul 2017
There is a “greater need” for mentoring and business coaching within the broking industry, the Finance Brokers... READ MORE
Major bank hikes investor rates by 31 basis points
by • 26 Jul 2017
A big four bank has introduced changes to interest rates on both principal and interest and interest-only... READ MORE
Bank refunds over $230k in overcharged interest
by • 26 Jul 2017
A Tasmanian bank has refunded over $230,000 in overcharged interest and fees to more than 1,040 customers with mortgage... READ MORE
‘Disingenuous’: Former bank exec questions back book repricing
by • 26 Jul 2017
A former major bank executive says lifting rates for existing interest-only borrowers has little to do with the... READ MORE
Why this elite broker offers budgeting advice
by • 26 Jul 2017
A WA-based broker and elite business writer reveals how offering financial advice and a budgeting service has helped... READ MORE
CommSec founder buys into HashChing, joins board
by Staff reporter • 25 Jul 2017
CommSec founder Paul Rickard has joined the advisory board of online mortgage marketplace HashChing and formed part of... READ MORE
Broker applauds China innovation partnership, warns against ‘red...
by • 25 Jul 2017
A commercial broker has lauded Austrade’s innovation partnership with China, but warns against adding “red tape”... READ MORE
Dalton says ‘flat fee’ model could hurt consumers
by • 25 Jul 2017
Mortgage industry figure Kym Dalton has outlined a number of issues with the proposed flat-fee broker remuneration... READ MORE
Property developer and strip-club owner charged with fraud
by • 24 Jul 2017
A property developer and operator of Hobart’s Men’s Galley and Launceston’s Show Girls has been charged with... READ MORE
Bankwest to lift rates for existing borrowers
by • 24 Jul 2017
The major bank subsidiary has announced significant changes to its home loan rates as it looks to “balance the needs... READ MORE
Why ongoing performance review is critical
by • 24 Jul 2017
An ongoing review process can mitigate “oodles of worry and stress,” but all players need to be accountable, a... READ MORE
ASIC permanently bans former finance analyst
by • 24 Jul 2017
The Australian Securities and Investments Commission has permanently banned a former finance analyst convicted of... READ MORE
Vow Financial reveals top performers
by • 24 Jul 2017
Major aggregator Vow Financial has crowned its leading commercial business writers, who explained how they have found... READ MORE
Lenders announce P&I rate changes
by • 21 Jul 2017
Two lenders have announced reductions to fixed interest rates on principal and interest loans.
READ MOREAuswide classes off-the-plan lending as ‘unacceptable’
by • 21 Jul 2017
Auswide Bank has announced a raft of changes to its credit policy, stripping off-the-plan purchases and owner-builder... READ MORE
Top 25 brokerages in Australia revealed
by • 21 Jul 2017
Eight new entrants and four franchise groups made it into this year’s Top 25 Brokerages ranking, revealing the... READ MORE
Reduced sentence for loan fraud broker
by • 20 Jul 2017
A Queensland broker who was found guilty of submitting false documents to support mortgage applications has had her... READ MORE
Cross-industry group agrees on ASIC response framework
by • 20 Jul 2017
Members of the mortgage broking and banking industries have agreed on the framework to develop an industry response to... READ MORE
Regional banks update turnaround times
by • 20 Jul 2017
Two non-major banks have released revised turnaround times for home loans, stating that they can now service PAYG... READ MORE
National vacancy rates on the increase
by Staff reporter • 20 Jul 2017
Led by a jump in Sydney, the overall number of national residential vacancies is 78,314 in June 2017, giving a national... READ MORE
Mutuals welcome government announcement
by • 20 Jul 2017
COBA has praised the government on moving quickly to allow all credit unions and building societies to use the term... READ MORE
Broker uses trail commission to house the homeless
by • 19 Jul 2017
As consumer groups call for “urgent action” on trail commissions, one Sydney mortgage professional has started... READ MORE
Consumer law groups are ‘out of control’ on broking: FBAA
by • 19 Jul 2017
The FBAA has hit out at an article released by CHOICE this week, which suggested that mortgage brokers are targeting... READ MORE

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