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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
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Call for brokers to fundraise for Make-A-Wish Australia
by Reporter • 12 Dec 2016
National Finance Brokers Day is calling on members of the broking industry to raise funds for the Make-A-Wish Australia... READ MORE

ANZ reprices investor loans
by James Mitchell • 9 Dec 2016
The big four bank has today announced that its variable mortgage rates for property investors will rise in response to... READ MORE

Broker finalists revealed for Better Business Awards 2017

by Reporter • 9 Dec 2016
Thirty-six brokers across five states, including the Elite Business Writer of the year and Young Broker of the Year... READ MORE
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Regional bank to lift investor loan rates
by James Mitchell • 9 Dec 2016
A non-major bank will increase its variable interest rates on new and existing investor home loans by 15 basis points... READ MORE
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Mortgage brokerage partners with online lender
by Reporter • 9 Dec 2016
An ASX-listed mortgage firm has added an online small business lender to its panel in a bid to “better cater to the... READ MORE
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FHB numbers fall by 6.7%: report
by James Mitchell • 9 Dec 2016
The number of first home buyers decreased by 6.7 per cent during the September quarter, down 5.8 per cent compared to... READ MORE
HashChing CEO

Rate hikes are a ‘money grab’, says CEO
by Tamikah Bretzke • 9 Dec 2016
An online mortgage marketplace has warned Australian home owners of the “Uberfication of home loans” amidst... READ MORE

Former Vow CEO to lead industry body
by James Mitchell • 8 Dec 2016
Vow Financial’s former chief executive officer has secured a new role, just weeks after announcing his departure from... READ MORE
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Industry needs ‘higher barrier’ for entry
by Tamikah Bretzke • 8 Dec 2016
One of the country’s top brokers has said he would like to see a higher barrier for entry into the broking industry... READ MORE
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Mortgage brokers tip multiple rate rises in 2017
by Francesca Krakue • 8 Dec 2016
Nearly one-third of brokers say interest rates will rise in 2017, with the majority predicting that the big four will... READ MORE
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Brokers ‘shouldn’t underestimate’ their relevance
by Francesca Krakue • 8 Dec 2016
One successful commercial business writer has urged brokers to remember that the third-party channel continues to... READ MORE
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Rates could rebound next year
by Francesca Krakue • 8 Dec 2016
Murmurs of a rate rise are emerging among experts for the first time since November 2010, according to a mortgage... READ MORE

Are non-bank BDMs the best for brokers?
by Staff reporter • 7 Dec 2016
Provisional results from Momentum Intelligence's Third Party Lending Report: Non-Bank Lenders 2017 show that brokers... READ MORE
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Big four bank increases home loan rates
by Reporter • 7 Dec 2016
Major bank NAB has announced that it will increase its variable rates on new and existing residential investor home... READ MORE
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Brokers to benefit from rate confusion
by James Mitchell • 7 Dec 2016
Mortgage holders face more confusion with banks imposing increases to some home loan interest rate products while... READ MORE
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ApplyOnline update ‘game changing’ for lenders
by Reporter • 7 Dec 2016
An enhancement to the ApplyOnline Supporting Documents service has introduced “game-changing efficiencies” for... READ MORE

RBA announces cash rate decision - Dec 2016
by Staff reporter • 6 Dec 2016
The Reserve Bank of Australia has delivered the decision of its final monthly board meeting of the year. READ MORE

ASIC permanently bans mortgage broker
by Staff reporter • 6 Dec 2016
ASIC has permanently banned a former Perth-based finance broker from engaging in credit activities. READ MORE
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Kinghorn returns to mortgages with franchise model
by James Mitchell • 6 Dec 2016
RAMS founder John Kinghorn is back in the mortgage business and looking to recruit franchisees for his revamped branded... READ MORE