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Breaking News
Brokers missing out on lead generation opportunities
by James Mitchell • 5 Apr 2016
Referral relationships between brokers and real estate agents remain underutilised, according to the heads of...
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Refinancing outpaces property purchases for Aussie
by Reporter • 5 Apr 2016
Aussie Home Loans has seen more owner-occupiers refinance their mortgages than purchase property this financial year.
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Banking hoax a warning to brokers: FBAA
by Huntley Mitchell • 5 Apr 2016
The recent case of a tradesman accused of falsely showing his bank balance to be nearly $600 million in credit...
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RBA to hold cash rate
by Emma Ryan • 5 Apr 2016
The vast majority of experts have predicted that the Reserve Bank will keep the cash rate unchanged at today’s...
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Study finds link between financial and physical fitness
by Tim Stewart • 5 Apr 2016
Australians who rate themselves as physically fit are more likely to consider themselves financially literate, new...
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All prime mortgages ‘pretty much the same’, says broker
by James Mitchell • 4 Apr 2016
A veteran mortgage broker says strong communication skills and a quality service offering are critical in a market...
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Banks under pressure to raise rates
by Emma Ryan • 4 Apr 2016
The rising cost of funds and ongoing regulatory changes are creating “the perfect storm” for banks to begin raising...
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AFG makes two key appointments
by Emma Ryan • 4 Apr 2016
Mortgage aggregator AFG has announced the appointment of two new directors to its board.
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Falling home sales point to property down cycle
by Emma Ryan • 4 Apr 2016
A new report by the Housing Industry Association has revealed that the proportion of new home sales has fallen and...
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Apartment supply at record levels for Melbourne’s inner suburbs
by Jack Needham • 4 Apr 2016
A new report has revealed the key demographics driving demand in Melbourne’s inner-city apartment sector, confirming...
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Brokers write 90% of ING Direct’s mortgages
by Huntley Mitchell • 1 Apr 2016
ING Direct Australia has attributed much of its double-digit growth in branded mortgages to brokers, while the bank’s...
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ANZ tightens lending criteria
by James Mitchell • 1 Apr 2016
ANZ has announced a raft of changes to its home lending criteria including serviceability assessments and foreign...
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More rates hikes coming, says industry boss
by Reporter • 1 Apr 2016
Rising funding costs are likely to force the major banks to once again raise their home loan rates, according to an...
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Apartment boom to leave unprecedented legacy
by Reporter • 1 Apr 2016
A leading real estate figure has issued a warning over the apartment boom in Australia’s largest city, arguing that...
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SME funder rebrands, upgrades platform
by Reporter • 1 Apr 2016
A cash flow funder that specialises in financing SMEs has unveiled its new brand and website, as well as a significant...
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Lawyer warns against FOFA-style reforms in broking
by James Mitchell • 31 Mar 2016
A top lawyer has warned that scrapping broker commissions and implementing a fee-for-service model would be a...
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Broker refi boom not driven by commission: JP Morgan
by James Mitchell • 31 Mar 2016
Big changes in the Australian mortgage market mean brokers are legitimately providing a value proposition to refinance...
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AMP Bank blacklists over 140 suburbs
by Reporter • 31 Mar 2016
The leaking of a confidential report kept by AMP Bank has revealed the suburbs it deems to be most at risk, with a...
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Govt urged to step up alt-fi involvement
by Reporter • 31 Mar 2016
Industry figures have called upon the government to increase its involvement in the alternative finance (alt-fi) sector...
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Vacancy rates and rent prices on the rise
by Reporter • 31 Mar 2016
New figures have revealed that while weekly rents have increased, national vacancy rates appear slightly above the...
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Brokers are what banks ‘pretend to be’, says CEO
by James Mitchell • 30 Mar 2016
The head of a major mortgage aggregator says brokers are dominating the Australian mortgage market by integrating...
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Victorian man banned from credit activities
by James Mitchell • 30 Mar 2016
ASIC has permanently banned a Victorian man from providing financial services and engaging in credit activities.
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Major brokerage's advice arm sees first profit
by Emma Ryan • 30 Mar 2016
An ASX-listed broking group has delivered a strong growth trajectory for its financial planning arm after announcing...
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Loan arrears climb further
by Emma Ryan • 30 Mar 2016
A new report has revealed that the proportion of Australian housing loans in arrears has increased for prime and...
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Australia's housing shortage ‘significant’: ANZ
by Emma Ryan • 30 Mar 2016
Australia remains in the midst of a housing shortage, according to new data by ANZ Research.
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