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Breaking News
Heritage Bank resumes investor lending
by Reporter • 9 Oct 2017
The regional bank has announced that it has begun accepting new applications for investment home loans again and has...
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CBA has 'a bet each way' on mortgage channels
by Reporter • 9 Oct 2017
The outgoing CEO of CBA, Ian Narev, has said that the bank has “a bet each way” on mortgage distribution, backing...
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Bankwest launches home loan pricing tool
by Reporter • 9 Oct 2017
Non-major lender Bankwest has rolled out a pricing tool on its Home Lending Portal, which provides "real-time...
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Better Business Awards nominations open
by staff reporter • 6 Oct 2017
Nominations for the industry’s best brokers, lenders and service providers are now being accepted for The Adviser...
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Minority shareholder places mortgage fintech into administration
by Reporter • 6 Oct 2017
Parties associated with a minority shareholder of online mortgage platform LoanFlare have put the company into...
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FBAA calls out UBS conclusion as ‘assumptions’
by Reporter • 6 Oct 2017
The Finance Brokers Association of Australia has excoriated UBS for releasing reports “based on assumptions and not...
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Opinion: We need to focus on young talent in broking
by James Mitchell • 6 Oct 2017
The shape of mortgage broking tomorrow will all depend on how we support the young professionals of today.
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Major brokerage says 1 in 4 now struggling with mortgage
by James Mitchell • 6 Oct 2017
One of Australia’s largest mortgage brokerages has found that borrowers are beginning to feel the burden of...
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RBA ‘just needs to relax’, says brokerage
by Reporter • 5 Oct 2017
The managing director of a mortgage broker–owned home loan brand has said that the RBA “just needs to relax” on...
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‘A third of IO borrowers don’t know they have an IO loan’: UBS
by Reporter • 5 Oct 2017
Banking analysts at UBS have suggested that a third of borrowers with interest-only loans “do not know or understand...
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Bluestone accepts VOI reports
by Reporter • 5 Oct 2017
The specialist lender has announced that it is now accepting identity reports for broker customers via the IDme and...
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Car finance manager pleads guilty to fraud
by staff reporter • 4 Oct 2017
Andrew Neville Hodgetts, a former finance manager for the Launceston Motor Group in Tasmania, has pleaded guilty to...
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Brokers have ‘completely changed’ their models
by James Mitchell • 4 Oct 2017
Local mortgage brokers are increasingly learning from their international counterparts and developing new and more...
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NSW mortgage rates differ by 1.91%
by Reporter • 4 Oct 2017
There is a “massive discrepancy” in home loan interest rates across NSW, even within the same suburbs, a new...
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RBA makes cash rate decision - Oct 2017
by Sasha Karen • 3 Oct 2017
The Reserve Bank of Australia has announced the official cash rate for October following its monthly board meeting.
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CEO of ASB Bank to retire
by Reporter • 3 Oct 2017
The chief executive and managing director of New Zealand–based ASB Bank, a subsidiary of the Commonwealth Bank, has...
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Mortgage stress on the rise
by Reporter • 3 Oct 2017
Nearly one in six people is experiencing "mortgage stress", according to a new research from Roy Morgan Research.
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Salesforce guru to deliver ‘mind-blowing’ message to brokers
by James Mitchell • 3 Oct 2017
Mortgage brokers and aggregators will travel to Silicon Valley this month to hear from one of the world’s most...
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Brokerage completes $1m capital raise
by Julianne Leybag • 3 Oct 2017
N1 Holdings Limited (ASX:N1H) has completed the issue of five million unlisted, unsecured convertible bonds, enabling...
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Survey confirms stamp duty relief is helping FHBs
by Staff Reporter • 3 Oct 2017
A new survey of conveyancers confirms that stamp duty relief in NSW has resulted in a sharp increase in the number of...
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92% of brokers predict rate hold
by Reporter • 3 Oct 2017
The vast majority of respondents to a HashChing survey believes that the Reserve Bank of Australia will keep the cash...
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Top broker to launch mental health program
by Reporter • 2 Oct 2017
Tracy Kearey, the director of Brisbane-based Home Loan Connexion, has revealed that she will launch a mental health...
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Credit union launches home loan chatbot
by Reporter • 2 Oct 2017
Sydney Credit Union has launched a new chatbot that can help respond to users' home loan enquiries, with the aim of...
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Resolve Finance rolls out franchise model
by Reporter • 29 Sep 2017
Mortgage brokerage Resolve Finance has announced that it is rolling out a franchise model in October to enable the...
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Borrowers in the dark over rising rates
by James Mitchell • 29 Sep 2017
A mortgage market analyst has said that he is “astonished” that banks don’t tell borrowers how much their...
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