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Breaking News
REA Group to roll out white-label home loans
by James Mitchell • 20 Dec 2016
Online real estate portal realestate.com.au has partnered with a major bank to launch a suite of branded home loan...
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Apartment prices to fall up to 20%, warns economist
by James Mitchell • 20 Dec 2016
A leading economist has predicted unit prices in Sydney and Melbourne to lose up to 20 per cent of their value as areas...
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FHBs waiting longer to enter property market
by Staff reporter • 20 Dec 2016
Recent research has revealed that in the ’90s it took from just a few months to a year to save a deposit for the...
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Suncorp appoints Microsoft boss to new role
by Staff reporter • 20 Dec 2016
The lender announced last week that it has made an appointment to the newly-created position of chief executive officer...
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The New Frontier: how lending curbs have changed the broking industry
by Reporter • 19 Dec 2016
We have entered a new era in Australian lending. Some brokers are struggling to survive by specialising in once-booming...
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Major bank sees 8.4% fall in broker market share
by James Mitchell • 19 Dec 2016
The non-major lenders have won back a significant share of broker-originated home loans over the three months to...
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Brokers set to become market innovators
by James Mitchell • 19 Dec 2016
Ever wondered what it takes to create an innovative business? TV’s The New Inventors host James O’Loghlin has some...
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Bank changes fixed and variable rates
by Reporter • 19 Dec 2016
A regional bank has announced variations to fixed and variable home loan rates for both new and existing customers,...
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Hayden becomes COO of mortgage marketplace
by Reporter • 19 Dec 2016
The former CEO of the Mortgage & Finance Association of Australia, Siobhan Hayden, has become the new chief...
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Brokers write $36bn for big four over September quarter
by James Mitchell • 16 Dec 2016
Mortgage brokers are writing more new home loans for the major banks than they did in 2015, according to the latest...
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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...
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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...
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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...
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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...
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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.
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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...
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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,...
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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...
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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...
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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...
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‘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...
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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...
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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...
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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.
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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...
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