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Breaking News
Why this elite broker offers budgeting advice
by Reporter • 26 Jul 2017
A WA-based broker and elite business writer reveals how offering financial advice and a budgeting service has helped...
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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...
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Broker applauds China innovation partnership, warns against ‘red...
by Lucy Dean • 25 Jul 2017
A commercial broker has lauded Austrade’s innovation partnership with China, but warns against adding “red tape”...
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Dalton says ‘flat fee’ model could hurt consumers
by James Mitchell • 25 Jul 2017
Mortgage industry figure Kym Dalton has outlined a number of issues with the proposed flat-fee broker remuneration...
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Property developer and strip-club owner charged with fraud
by Lucy Dean • 24 Jul 2017
A property developer and operator of Hobart’s Men’s Galley and Launceston’s Show Girls has been charged with...
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Bankwest to lift rates for existing borrowers
by James Mitchell • 24 Jul 2017
The major bank subsidiary has announced significant changes to its home loan rates as it looks to “balance the needs...
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Why ongoing performance review is critical
by Lucy Dean • 24 Jul 2017
An ongoing review process can mitigate “oodles of worry and stress,” but all players need to be accountable, a...
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ASIC permanently bans former finance analyst
by Lucy Dean • 24 Jul 2017
The Australian Securities and Investments Commission has permanently banned a former finance analyst convicted of...
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Vow Financial reveals top performers
by James Mitchell • 24 Jul 2017
Major aggregator Vow Financial has crowned its leading commercial business writers, who explained how they have found...
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Lenders announce P&I rate changes
by Lucy Dean • 21 Jul 2017
Two lenders have announced reductions to fixed interest rates on principal and interest loans.
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Auswide classes off-the-plan lending as ‘unacceptable’
by Lucy Dean • 21 Jul 2017
Auswide Bank has announced a raft of changes to its credit policy, stripping off-the-plan purchases and owner-builder...
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Top 25 brokerages in Australia revealed
by Reporter • 21 Jul 2017
Eight new entrants and four franchise groups made it into this year’s Top 25 Brokerages ranking, revealing the...
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Reduced sentence for loan fraud broker
by Lucy Dean • 20 Jul 2017
A Queensland broker who was found guilty of submitting false documents to support mortgage applications has had her...
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Cross-industry group agrees on ASIC response framework
by Reporter • 20 Jul 2017
Members of the mortgage broking and banking industries have agreed on the framework to develop an industry response to...
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Regional banks update turnaround times
by Lucy Dean • 20 Jul 2017
Two non-major banks have released revised turnaround times for home loans, stating that they can now service PAYG...
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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...
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Mutuals welcome government announcement
by James Mitchell • 20 Jul 2017
COBA has praised the government on moving quickly to allow all credit unions and building societies to use the term...
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Broker uses trail commission to house the homeless
by James Mitchell • 19 Jul 2017
As consumer groups call for “urgent action” on trail commissions, one Sydney mortgage professional has started...
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Consumer law groups are ‘out of control’ on broking: FBAA
by Reporter • 19 Jul 2017
The FBAA has hit out at an article released by CHOICE this week, which suggested that mortgage brokers are targeting...
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Diversity is helping to grow industry, says aggregator head
by Reporter • 19 Jul 2017
The chief executive of a leading aggregator has said that the broking industry has grown as a result of “a lot more...
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Lenders announce LVR changes
by Lucy Dean • 18 Jul 2017
A non-major lender and a mortgage manager have announced changes to maximum LVR ratios.
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Opinion: It's time for the broker bashing to stop
by James Mitchell • 18 Jul 2017
Enough now. The attack on brokers is getting out of hand. Also, the irony of a consumer group called ‘CHOICE’...
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First-time home buyers struggling with mortgages: report
by Julianne Leybag • 18 Jul 2017
First-time home buyers are currently having a hard time navigating the mortgage maze, with Queensland having the...
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Brokers will soon ‘have to’ charge fees, predicts elite broker
by Reporter • 18 Jul 2017
Mortgage brokers will soon “have to” charge fees for some, or all, of their services, one of Australia’s top loan...
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Opportunity for brokers ‘to help millions’
by Reporter • 18 Jul 2017
New research has suggested that 3.6 million people could be “underserviced” in terms of finance, which a specialist...
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