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Breaking News
‘Quieter years ahead’, broker says
by Francesca Krakue • 24 Jan 2017
One successful loan writer has discussed the advantages of tapping into new revenue streams to shore up his...
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Vic off-the-plan apartment buyers ‘could lose deposits’
by Reporter • 24 Jan 2017
An online property agency has warned that “thousands of buyers” of off-the-plan apartments in Victoria could lose...
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Former Vow CEO weighs in on commission review
by James Mitchell • 23 Jan 2017
More than half of the brokerages operating in Australia would fail without trail commissions, according to a former...
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Lending changes will make asset finance ‘easier field to play in’
by Reporter • 23 Jan 2017
The managing director of an asset finance lender has said that changes being brought in by the regulator will make...
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Brokers forced to become more rate driven
by James Mitchell • 23 Jan 2017
One of the country’s most successful loan writers has explained how recent pricing changes has forced his business to...
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New home starts past their peak
by Francesca Krakue • 23 Jan 2017
Fresh figures from the Australian Bureau of Statistics suggest that new dwelling commencements have passed their record...
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Major brokerage applauds industry scrutiny
by James Mitchell • 20 Jan 2017
The head of one of Australia’s largest mortgage brokerages believes any scrutiny of the industry should be applauded...
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Non-bank waives fee for custom home loans
by Reporter • 20 Jan 2017
Liberty has announced that it is waiving the $995 application fee on new residential custom submissions, in a bid to...
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Top mortgage banker joins fintech startup
by Reporter • 20 Jan 2017
The former CEO of mortgages at Barclays has joined the advisory board of a consumer financial advice platform.
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Non-major cuts rates for owner-occupiers and investors
by Staff reporter • 20 Jan 2017
A Queensland-based bank has announced discounts on variable and fixed rates for both owner-occupied and investment...
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‘Volume hurdles need to be banned’
by James Mitchell • 19 Jan 2017
As the industry digests the findings of the interim Sedgwick Review, one association has called for volume-based...
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MyState changes senior management to focus on brokers
by Reporter • 19 Jan 2017
An ASX-listed banking and wealth management group has announced that it has appointed a new head of retail banking...
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Broker highlights benefits of blogging
by Francesca Krakue • 19 Jan 2017
One successful broker has underscored how helpful it can be to invest time and energy into devising a thoughtful...
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Broking courses see lift in demand
by Francesca Krakue • 19 Jan 2017
Interest in professional mortgage broking courses have seen a 20 per cent year-on-year increase, according to the CEO...
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Young brokerage on big recruitment drive
by James Mitchell • 18 Jan 2017
A Sydney-based brokerage is looking to double its number of loan writers in 2017 by hiring new-to-industry brokers and...
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Michelle Bridges on why her broker was a ‘godsend’
by Reporter • 18 Jan 2017
The founder of one of Australia’s leading health and fitness brands, Michelle Bridges, has highlighted the value of...
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Looming rate hikes fail to curb home loan demand
by James Mitchell • 18 Jan 2017
Home loan demand remains strong, with new data showing the total number of dwelling commitments approved surged 0.9 per...
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Digital disruption not a threat, brokers say
by Francesca Krakue • 18 Jan 2017
The majority of brokers don’t consider digital disruption to be a significant business challenge in 2017, a recent...
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Remuneration report sounds alarm on broker commissions
by James Mitchell • 18 Jan 2017
The Australian Bankers Association has welcomed the release of the interim Sedgwick Review into remuneration that has...
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Elite broker says more lending curbs are coming
by James Mitchell • 17 Jan 2017
A Melbourne-based broker and Elite Business Writer believes that regulators will put further restraints on credit for...
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Major bank reprices home loans
by Reporter • 17 Jan 2017
A major bank has decreased its one-year fixed rate for owner-occupied and investment home loans and raised fixed rates...
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The biggest challenges facing new brokers
by Francesca Krakue • 17 Jan 2017
Two industry associations have highlighted the common mistakes that new-to-industry mortgage brokers make when...
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Single borrowers “squeezed” out of market
by Reporter • 17 Jan 2017
A non-major bank believes single borrowers are being “squeezed out of buying a home”, after it saw single loan...
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Association warns brokers of asset finance complexity
by Reporter • 16 Jan 2017
As more mortgage brokers look to diversify into asset finance, the president of a professional association has urged...
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Refinancing to play major role in 2017 mortgage market
by Tamikah Bretzke • 16 Jan 2017
A Sydney-based broker believes refinancing will be a key theme in 2017 as consumers are “more educated” about their...
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