Breaking News

Non-banks continue to have lowest mortgage arrears
by James Mitchell • 1 Feb 2017
The number of delinquent housing loans underlying Australian prime residential mortgage-backed securities fell in... READ MORE

NLG reports record high in refinancing
by Reporter • 1 Feb 2017
A leading asset finance provider has reported a record high in car refinancing over December and January. READ MORE

Federal Court dismisses broker’s appeal
by Reporter • 31 Jan 2017
Former Victorian finance broker Meenakshi Devi Callychurn, the director of Unique Mortgage Services Pty Ltd (UMS), has... READ MORE

Non-bank launches new investor mortgage offering
by James Mitchell • 31 Jan 2017
One of Australia’s largest non-bank lenders has announced a fresh home loan offering for property investors. READ MORE
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Banks will use Sedgwick review ‘to remove or change payments’
by Reporter • 31 Jan 2017
A new campaign launched by the Australian Bankers’ Association has revealed that banks will use the findings of the... READ MORE
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Overseas brokerage posts strong growth ahead of local launch
by James Mitchell • 31 Jan 2017
A UK-based mortgage group has seen a significant increase in revenue over 2016 and grown its number of brokers to 950. READ MORE
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Former Aussie Home Loans broker permanently banned
by James Mitchell • 31 Jan 2017
ASIC has permanently banned a former Aussie Home Loans mortgage broker from credit and financial services industries. READ MORE

Major banks' broker offerings in the spotlight
by James Mitchell • 30 Jan 2017
Australia’s big four banks are under the spotlight as brokers have their say on how the majors are performing when it... READ MORE
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Brokers gravitate towards ‘lucrative’ commercial deals
by James Mitchell • 30 Jan 2017
A non-bank lender has explained how mortgage brokers have been responsible for driving the group’s surge in developer... READ MORE
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Mortgage brokerage appoints new sales manager
by Reporter • 30 Jan 2017
Nectar Mortgages has announced that Stephen Harris has been appointed to the role of national sales manager at the... READ MORE
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Major bank donates $50,000 to Bourke Street Fund
by Reporter • 30 Jan 2017
Westpac has donated $50,000 to the Victorian government’s fund for families affected by the incident in Bourke... READ MORE
Mortgage Choice

Major brokerage faces big challenges: report
by James Mitchell • 27 Jan 2017
A Morningstar report has outlined a number of challenges facing one of Australia’s largest brokerages and warned that... READ MORE
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Fintech lender hires CIO following $200m milestone
by James Mitchell • 27 Jan 2017
An Australian marketplace lender has announced the appointment of a new chief investment officer tasked with building... READ MORE
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Consumer confidence unwinds
by Francesca Krakue • 27 Jan 2017
After a solid start to the year, recent figures show that consumer confidence slipped back in the week ending 22... READ MORE

Major aggregator launches Chinese broker initiative
by James Mitchell • 25 Jan 2017
One of Australia’s largest aggregation groups has announced a new offering to assist Chinese-speaking mortgage... READ MORE
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‘Plan to be rejected sometimes,’ MFAA BDM says
by Francesca Krakue • 25 Jan 2017
An award-winning loan writer and a successful business development manager offer new brokers some key advice on the... READ MORE
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Sydney house prices reach new record high
by Francesca Krakue • 25 Jan 2017
Domain says Sydney has seen the strongest annual growth of all the state capitals for the sixth consecutive year, with... READ MORE
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Good news for new home sales in November
by Reporter • 25 Jan 2017
A survey of the country’s largest home builders shows a strong bounce in Australia’s property sales in November... READ MORE

Aggregation chief flags broker stress, turnaround times
by James Mitchell • 24 Jan 2017
The head of a boutique aggregator has slammed the interim Sedgwick Review’s comments on broker remuneration,... READ MORE
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Lender extends two-week settlement guarantee

by James Mitchell • 24 Jan 2017
A leading non-bank lender has extended its two-week settlement guarantee after achieving a 100 per cent success rate in... READ MORE
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‘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... READ MORE
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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... READ MORE

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... READ MORE
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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... READ MORE
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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... READ MORE