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Breaking News
Virgin Money increases interest rates
by Reporter • 4 Apr 2017
The lender has announced that, from 5 April, it will increase the interest rate on three-year fixed rates for investors...
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Analysis: Aus brokers among the lowest paid in the world
by Reporter • 4 Apr 2017
Mortgage brokers in Australia are among the lowest paid in the world, as new research from the FBAA and ASIC reveal...
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APRA tightening on investor lending ‘short-sighted’
by Francesca Krakue • 4 Apr 2017
The CEO of a national broking franchise has stressed that the regulator’s measures to rein in investor lending are...
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Demand for fixed rate declines
by Francesca Krakue • 4 Apr 2017
Fresh figures from a major brokerage have revealed that consumer demand for fixed rate home loans dipped in March,...
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ASIC to begin ‘targeted surveillance’ on interest-only loans
by Reporter • 3 Apr 2017
ASIC has announced a targeted industry surveillance to examine whether lenders and mortgage brokers are...
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Brokers ‘need to become more digitally enabled’
by Reporter • 3 Apr 2017
The heads of several leading banks, aggregators and industry consultants have said that lender focus on brokers is...
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Regional bank broker channel shrinks
by Francesca Krakue • 3 Apr 2017
The growth of a non-major bank’s broker channel has contracted over the first half of the year to 2017, buffeted by...
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Sydney brokerage announces charity partnership
by Tamikah Bretzke • 3 Apr 2017
A Sydney-based brokerage has announced its partnership with a charity to address the poverty and education of women in...
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APRA tightens up on interest-only lending
by Reporter • 31 Mar 2017
Additional supervisory measures on mortgage lending have been announced to reinforce “sound residential mortgage...
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White-label funder increases investor rates
by Reporter • 31 Mar 2017
A wholesale funder and distributor of white-label home loans has told brokers today that it is increasing interest...
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Brokers ‘most influential information source’: Deloitte
by Reporter • 31 Mar 2017
The heads of several leading banks, aggregators and industry consultants have said that mortgage brokers, rather than...
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Three more banks lift rates
by Staff reporter • 31 Mar 2017
Australia’s smaller banks are joining the big four in lifting their home loan rates out-of-cycle.
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Accessible finance key to unlocking housing affordability
by Reporter • 31 Mar 2017
Making finance available to first home buyers through a government-backed lender has resulted in higher rates of home...
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New categories for Australian Broking Awards announced
by Reporter • 31 Mar 2017
The 2017 Australian Broking Awards will include some new and improved categories to recognise the industry thought...
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Highly paid referrers looking to eat brokers’ lunch
by James Mitchell • 30 Mar 2017
Sophisticated referral aggregators are muscling in on the third-party channel and providing a lucrative revenue source...
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Associations at odds over remuneration consultation period
by Reporter • 30 Mar 2017
The two main industry associations have voiced differences of opinion over Treasury’s consultation period for...
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Broker protects 1,000 Aussies from financial hardship
by James Mitchell • 30 Mar 2017
A Victoria-based mortgage broker has recently achieved the milestone of protecting 1,000 Australians from financial...
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Regional bank delivers $1m in scholarships
by Francesca Krakue • 30 Mar 2017
Bendigo and Adelaide Bank has announced more than $1 million worth of scholarships for over 90 local university...
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Investor rates to rise by more than 30 basis points
by Reporter • 29 Mar 2017
One of Australia’s largest banks has revealed that it will follow the majors by lifting its variable rates by more...
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Adelaide broker loses credit licenses
by Staff reporter • 29 Mar 2017
ASIC has cancelled the Australian credit licences held by two companies associated with an Adelaide broker.
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Specialist lender sees broker numbers rise 38%
by Reporter • 29 Mar 2017
A leading specialist lender has said that it has seen broker numbers rise around 38 per cent year-on-year as it...
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Top tips on talking insurance
by Francesca Krakue • 29 Mar 2017
An industry veteran and a successful mortgage professional share some key tips on how to have effective conversations...
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AMP increases P&I and interest-only rates
by Reporter • 28 Mar 2017
Challenger bank AMP has announced that it will be increasing variable rates for interest-only loans and owner-occupied...
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Tougher lending not the go for WA
by Staff reporter • 28 Mar 2017
REIWA president Hayden Groves says claims of unilateral credit tightening are a knee-jerk reaction to market conditions...
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Award-winning brokerage hires C-suite exec
by James Mitchell • 28 Mar 2017
Top 25 mortgage brokerage 1st Street Financial has announced the appointment of Ofer Greenberg as the group’s chief...
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