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Breaking News
Housing market ‘inaccessible’ for FHBs: HIA
by Lucy Dean • 28 Jun 2017
A supply-demand disparity in the Australian housing market has left the market “inaccessible” for new entrants,...
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REA broker play signals new era
by James Mitchell • 28 Jun 2017
The News Corp-controlled online real estate giant’s move into mortgages is major a wake-up call for brokers without a...
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CBA lifts interest-only rates
by Staff reporter • 27 Jun 2017
The major bank has followed its peers by announcing rate increases across its interest-only home loans.
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Aggregation boss offers advice for brokers in a changing market
by Lucy Dean • 27 Jun 2017
Brokers need to keep customers "front and centre" in order to navigate the “dynamic and challenging” landscape...
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‘Face-to-face’ interview critical to combating fraud
by James Mitchell • 27 Jun 2017
With mortgage fraud through the broker channel on the rise, an Equifax fraud expert says the initial interview with a...
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REA to acquire major brokerage
by James Mitchell • 27 Jun 2017
REA Group, the parent company of realestate.com.au, has today announced that it will acquire a majority 80.3 per cent...
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Brokers concerned about ‘loose’ branch lending
by James Mitchell • 27 Jun 2017
Mortgage brokers have called out bank branches for failing to comply with NCCP rules and using “loose” lending...
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Brokers need to be ‘religious’ about digital marketing
by Lucy Dean • 27 Jun 2017
The most common mistake businesses building digital marketing strategies make is trying to do too many things at once,...
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Financial planning missing the mark with new talent
by Larissa Waterson • 26 Jun 2017
As fears continue to mount over the number of financial advisers set to exit the industry and demand for qualified...
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Former Vow chief rejects trail book ‘scaremongering’
by James Mitchell • 26 Jun 2017
Leading trail book merchant and former Vow Financial boss Jeff Zulman has slammed allegations that broker trail books...
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Woolnough lands new role at ING
by Staff reporter • 26 Jun 2017
The challenger bank has brought together its direct and third-party business units under the leadership of Mark...
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NAB hikes IO rates by 35 basis points
by Lucy Dean • 23 Jun 2017
A major Australian bank has announced today a rate hike of 0.35 per cent on interest-only loans.
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Major bank to digitise broker channel
by James Mitchell • 23 Jun 2017
A big four bank has decided to overhaul its third-party origination process with a new digital program expected to hit...
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ASIC scrutinises 'licensees of last resort'
by Linda Santacruz • 22 Jun 2017
The corporate regulator has said it is conducting a surveillance of certain dealer groups that financial advisers...
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5 tips for owners to save on home loans
by Staff reporter • 22 Jun 2017
With the new financial year approaching soon, it’s important that owners pay off home loans sooner rather than later....
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Lenders pull LVR lever on investors
by James Mitchell • 22 Jun 2017
Following AMP’s decision to reduce LVRs on investor loans, a second challenger bank has this week announced...
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‘Deliberate strategy’: majors lose broker loans
by Lucy Dean • 22 Jun 2017
A significant reduction in broker-originated loans at Australia’s biggest bank is intentional, according to a major...
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Brokers warned over trail books amid refi boom
by James Mitchell • 22 Jun 2017
A leading mortgage provider has urged brokers to look beyond their trail book when building a business in today’s...
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APRA’s ‘one size fits all’ lending curbs are dangerous: HIA
by Lucy Dean • 21 Jun 2017
Regulatory restrictions on investor lending have been condemned by a senior economist as a dangerous application of a...
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Home values climb across most capital cities
by James Mitchell • 21 Jun 2017
Home values climbed in all but one of Australia’s capital cities last week, with Perth flatlining week-on-week rather...
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Fraudsters target brokers in Sydney hotspots
by James Mitchell • 21 Jun 2017
Incidents of fraud through the broker channel are skyrocketing, according to Equifax, which has now revealed the top...
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Pepper launches ‘revolutionary’ mortgage tools
by James Mitchell • 21 Jun 2017
The global financial services group has leveraged technology to provide two ground-breaking new offerings to the...
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Westpac hikes rates by 34 points
by James Mitchell • 20 Jun 2017
The major bank has today announced further interest rate increases but says they are not in response to the bank...
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AFG expects 45% profit surge as branded loans mature
by Lucy Dean • 20 Jun 2017
The major aggregator has upgraded its net profit expectations for 2017 by nearly 45 per cent following changes to how...
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Mortgage Choice names new chairman
by James Mitchell • 20 Jun 2017
The major brokerage today announced that Vicki Allen has been appointed a director of Mortgage Choice and she will...
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