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APRA rules force non-major to reprice home loans

by James Mitchell • 16 Dec 2016
According to the CEO of an Australian challenger bank, rising funding costs and APRA’s investor lending growth cap... READ MORE
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FBAA opposes MFAA stance on new EDR scheme

by Reporter • 16 Dec 2016
The Finance Brokers Association of Australia has said that the merger of the Credit and Investments Ombudsman and the... READ MORE
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UK regulator to investigate ‘misaligned incentives’ in broker...

by James Mitchell • 16 Dec 2016
The Financial Conduct Authority (FCA) has launched a market study into competition in the mortgage sector and the... READ MORE
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CUA named employer of choice third consecutive year

by James Mitchell • 16 Dec 2016
Mutual mortgage lender CUA has once again been recognised for its commitment to workplace equality, being named as a... READ MORE
amp bank variable interest rates investors

AMP Bank to increase rates for investors in 2017

by James Mitchell • 15 Dec 2016
A challenger bank will hit property investors with a 15 basis point variable rate hike in the new year. READ MORE

ASIC funding model hits brokers harder than lenders

by James Mitchell • 15 Dec 2016
Proposed changes to the ASIC Industry Funding Model could see brokers pay more than seven times as much as lenders for... READ MORE
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Brokers should be utilising ‘useful belief’

by Reporter • 15 Dec 2016
Mortgage brokers should be practising “useful belief” to get into the right frame of mind and succeed in business,... READ MORE
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Broking giants banking on referrals

by James Mitchell • 15 Dec 2016
A string of new players entering the mortgage broking space are relying on strategic partnerships to succeed in a... READ MORE
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‘Integrity and transparency’ key to broking success

by Francesca Krakue • 15 Dec 2016
One award-winning broker has shared her thoughts on how to be a leading customer service professional and why she... READ MORE
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NLG Leasing partners with online lender

by Reporter • 15 Dec 2016
Asset finance aggregator NLG Leasing has partnered with peer-to-peer lender DirectMoney to meet increasing demand for... READ MORE

‘Disturbing signs of mortgage stress’ as rates rise

by James Mitchell • 14 Dec 2016
As banks begin lifting mortgage rates in the lead up to Christmas, analysis has revealed that Australian home owners... READ MORE
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Broker sees anxious borrowers flock to fixed rates

by Francesca Krakue • 14 Dec 2016
One successful broker has seen a “doubling” of customers asking for fixed rates following “all the shocks of... READ MORE
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Brokers help bank settle $640m in November

by Francesca Krakue • 14 Dec 2016
A non-major bank has celebrated a milestone, reaching $1 billion worth of home loan applications and $640 million in... READ MORE
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FHBs turning to property investment

by James Mitchell • 14 Dec 2016
The number of first-time property buyers purchasing an investment over a home is increasing, according to new data. READ MORE
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Rising cost of living triggers ‘Thriftmas’

by Reporter • 14 Dec 2016
Nearly three quarters of Australians will spend less this Christmas than last year, due to the increasing cost of... READ MORE

Major bank lifts rates, rolls out new interest-only products

by James Mitchell • 13 Dec 2016
Australia’s largest lender has lifted its variable rates for property investors and revealed it will introduce new... READ MORE

Brokers back FBAA

by James Mitchell • 13 Dec 2016
A new straw poll has found that the majority of mortgage brokers think the Finance Brokers Association of Australia's... READ MORE
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Banned broker loses appeal

by James Mitchell • 13 Dec 2016
The Administrative Appeals Tribunal has affirmed the Australian Securities and Investments Commission's decisions to... READ MORE
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Home loan demand falls in October

by Reporter • 13 Dec 2016
The number of commitments for owner-occupied housing finance fell by 0.9 per cent in October, with the value of... READ MORE
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MFAA slams proposed single EDR scheme

by James Mitchell • 13 Dec 2016
The Mortgage & Finance Association of Australia has rejected key elements of the Ramsay Review’s interim report... READ MORE
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Latrobe Valley families offered interest-free loans

by Reporter • 13 Dec 2016
Families in the Latrobe Valley experiencing financial difficulty will soon be offered access to interest-free and... READ MORE
UK mortgage giant to partner with Australian brokerage

UK mortgage giant to partner with Australian brokerage

by James Mitchell • 12 Dec 2016
One of the UK’s largest mortgage players has partnered with an established local brokerage as it readies to launch... READ MORE
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Bank hikes variable rates

by James Mitchell • 12 Dec 2016
Another non-major bank will increase its standard variable interest rates on residential property loans. READ MORE
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Credit Ombudsman responds to FCA survey

by James Mitchell • 12 Dec 2016
The Credit and Investments Ombudsman (CIO) has responded to a report issued by Financial Counselling Australia, setting... READ MORE
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Stamp duty ‘significant cost barrier’

by Francesca Krakue • 12 Dec 2016
The stamp duty on housing has become an added obstacle to those wishing to enter Sydney and Melbourne’s property... READ MORE