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Breaking News
Recent research: Consumer confidence bounces back
by Reporter • 10 Nov 2016
Recent research has revealed that consumer confidence rebounded sharply last week, offsetting its decline over the...
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Award-winning broker heads overseas to secure major deals
by James Mitchell • 9 Nov 2016
Australia’s best commercial broker and 2016 Better Business Award winner will next month make his fifth trip to Asia...
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Bank launches mortgage tracker app
by James Mitchell • 9 Nov 2016
A non-major bank has launched an “Australian industry first” initiative that allows customers to check the details...
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Mutual achieves 48-hour turnaround time
by Reporter • 9 Nov 2016
A mutual bank has seen a 25 per cent increase in submissions and an average turnaround time of 48 hours after a...
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Major aggregator trialling digital mortgage process without brokers
by James Mitchell • 8 Nov 2016
One of Australia’s largest mortgage aggregators and two non-major banks are testing a 100 per cent digital home loan...
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Lender slashes rates by up to 50 basis points
by James Mitchell • 8 Nov 2016
A leading non-bank lender has today announced rate cuts of up to 50 basis points to segments of their product range...
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Court dismisses property spruiker’s appeal
by Reporter • 8 Nov 2016
The Supreme Court of NSW has dismissed an appeal by one property group, which ASIC launched action against after...
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Brokers ‘should stick to their skill set’
by Reporter • 8 Nov 2016
The CEO of one of Australia’s largest asset finance brokerages says mortgage brokers should “stick to their skill...
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Switching aggregators is a ‘painful’ process, says top broker
by Francesca Krakue • 8 Nov 2016
One elite broker – who found the process of switching aggregators difficult – offers other brokers advice on how...
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Broker-originated loans on the rise for major bank
by Reporter • 7 Nov 2016
ANZ has revealed that the percentage of broker-originated home loans has risen in both Australia and New Zealand, while...
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Direct-to-lender mortgage customers unwilling to use brokers
by James Mitchell • 7 Nov 2016
A new report from Deloitte has found that 85 per cent of borrowers who went direct to a lender would use the same...
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NAB flags ‘considerable uncertainty’ in property market
by James Mitchell • 7 Nov 2016
The big four bank expects “a more subdued environment” in residential property prices from the end of next year as...
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Brokers prompted to consider ‘slice’ of specialist lending market
by Reporter • 7 Nov 2016
A new creative campaign is encouraging brokers to help self-employed clients more often and take up a bigger...
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Apartment approvals fall 17.5%
by Reporter • 7 Nov 2016
Recent research has revealed that total dwelling approvals experienced a sharp decline during the month of September.
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Broker commissions probed in new Deloitte report
by James Mitchell • 4 Nov 2016
A new report has provided fresh insight into consumer awareness around broker commissions and the willingness of...
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Barry Lambert backs $5m home loan platform
by James Mitchell • 4 Nov 2016
Rich-lister and Count Financial founder Barry Lambert has invested in a fintech business he believes is “the next...
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McGrath slams ‘short-sighted’ foreign buyer tax
by Francesca Krakue • 4 Nov 2016
Real estate mogul John McGrath has called out “hefty” taxes on overseas buyers as “one of the most short-sighted...
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‘Smashed avocado’ generation could struggle to fund business
by Reporter • 4 Nov 2016
A decreasing rate of home ownership could lead to a “major transition” in how Australia’s small business sector...
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Consumer confidence losing momentum
by Reporter • 4 Nov 2016
Recent research has found that consumer confidence towards the economy and future finances remained soft in the week...
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Tim Brown to leave YBR
by James Mitchell • 3 Nov 2016
The chief executive of a major aggregator and head of lending at an ASX-listed mortgage group will step down from his...
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Brokers more likely to disrupt than be disrupted
by James Mitchell • 3 Nov 2016
A regional bank has busted five myths about digital disruption and mortgage broking, following the emergence of new...
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ASIC increases surveillance efforts
by Tim Stewart • 3 Nov 2016
The corporate regulator completed 1441 surveillance projects in 2015-2016, leading to 22 criminal convictions and 13...
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Broking boss says US election will have ‘massive consequences’
by James Mitchell • 3 Nov 2016
The head of a mortgage aggregator says the outcome of the US election is a potential “powder keg” for the global...
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Borrowers ‘losing patience’ with major banks
by Francesca Krakue • 3 Nov 2016
Fresh figures from a mortgage comparison site have revealed that the number of Australians refinancing their home loans...
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Capital city dwelling values reach ‘new record highs’
by Francesca Krakue • 3 Nov 2016
Recent research has found that dwelling values rose strongly across five of the eight capital cities in the quarter...
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