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Residential land sales heat up

by Staff Reporter • 1 Dec 2014
Increased demand for residential land in Sydney is set to continue, while select south-east Queensland markets will...READ MORE

ASIC bans mortgage lender

by Staff Reporter • 1 Dec 2014
The corporate watchdog has banned a Sydney mortgage lender from providing financial services following an... READ MORE

Brokers threatened with tough penalties

by James Mitchell • 28 Nov 2014
A parliamentary report has called for brokers to be fined if they knowingly help foreign property buyers avoid new... READ MORE

Brokerage announces four new referral relationships

by Nick Bendel • 28 Nov 2014
Barry Plant Financial Services has struck a blow for financial literacy by forming a referral relationship with a... READ MORE

Lender special could save clients $15,000

by Staff Reporter • 28 Nov 2014

Resimac Financial Services has extended its temporary 100-point fee reduction by three months.

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Brokers promised better service after Adelaide Bank tech upgrade

by Staff Reporter • 28 Nov 2014
Adelaide Bank has forecast "significant operational efficiencies" after signing off on a new generation loan... READ MORE

MyState appoints new broker relationship manager

by Staff Reporter • 28 Nov 2014
MyState has announced the appointment of Martin Liszewski as its broker relationship manager for New South... READ MORE

Industry leaders announce new broker group

by James Mitchell • 27 Nov 2014
Two third-party leaders have united to form a new brokerage with plans to amass 200 loan writers within three to five... READ MORE

St George Bank helps brokers borrow against trail

by Staff Reporter • 27 Nov 2014
A major bank-owned lender has announced the launch of a new policy for commercial lending against mortgage broker trail... READ MORE

New mortgage calculators for MFAA members

by Staff Reporter • 27 Nov 2014
The MFAA has announced that members will now be able to lease a full set of loan calculators which can be uploaded to... READ MORE

APRA data reveals investor finance dominance

by Staff Reporter • 27 Nov 2014

Investor loans now make up the bulk of mortgages on combined bank loan books.

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ASIC takes civil action against credit provider

by Staff Reporter • 27 Nov 2014
Make it Mine could be penalised by $1.7 million after being accused by ASIC of breaching consumer credit laws,... READ MORE

Working smarter helps broker boost volumes by $135 million

by Nick Bendel • 26 Nov 2014
Australia's best young broker enjoyed a 250 per cent surge in volumes by reducing his paperwork and focusing on... READ MORE

New non-bank breaks into broking

by Staff Reporter • 26 Nov 2014
A new non-bank with a focus on commercial lending has entered the third-party channel with an initial lending pool of... READ MORE

Payday lender hit with $42,500 penalty

by Staff Reporter • 26 Nov 2014

One payday lender has received an infringement notice from ASIC for breaching the responsible lending laws.

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Mutual lender takes aim at big four after lender acquisition

by James Mitchell • 26 Nov 2014
An Australian credit union has acquired a bank with a $570 million loan portfolio as part of its long-term growth... READ MORE

Training boosted for online mortgage tool

by Staff Reporter • 26 Nov 2014
NextGen.Net has upgraded its training for brokers and lenders to maximise their awareness and use of its ApplyOnline... READ MORE

ASIC slaps director with 10-year credit ban

by Staff Reporter • 25 Nov 2014

ASIC has cancelled the credit licence of Net Finance and issued lengthy bans to two of its staff.

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Lenders have final say on broker commissions

by James Mitchell • 25 Nov 2014
Seventeen lenders have publicly responded to an eleventh-hour submission from AFG to the Financial System Inquiry... READ MORE

Variable rates now fall to 4.39 per cent

by Staff Reporter • 25 Nov 2014

Heritage Bank has stunned the market for the second time in three months with another ultra-low rate.

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Better Business Summit wins prestigious national recognition

by Staff Reporter • 25 Nov 2014
The Better Business Summit has been recognised as the best business event in Australia at the prestigious Publishers... READ MORE

Housing starts forecast to jump 13.3pc this year

by Staff Reporter • 25 Nov 2014
More evidence has emerged that property prices may be cooling, with Australia on track to build a record number of new... READ MORE

'The great Australian dream of home ownership is not fading away'

by Staff Reporter • 25 Nov 2014
Concerns that younger Australians are being locked out of the housing market are misguided, according to John... READ MORE

AFG warns Murray against scrapping commissions

by James Mitchell • 24 Nov 2014
In a surprise last-minute submission, mortgage aggregator AFG has urged David Murray to consider the significance of... READ MORE

ASIC wraps more red tape around brokers

by Nick Bendel • 24 Nov 2014
Brokers have been warned that the recently updated responsible lending guidelines will mean more paperwork and... READ MORE

Sydney headed for price downturn

by Vivienne Kelly • 24 Nov 2014
Australia's largest city faces a correction in property prices if current growth levels continue for much longer,... READ MORE

Most investors plan to buy again within 12 months

by Nick Bendel • 24 Nov 2014

Now is the perfect time for brokers to renew contact with old investor clients, according to new research.

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Housing key to state growth

by Staff Reporter • 24 Nov 2014
Residential construction was a key source of growth for several state economies during 2013/2014, according to the... READ MORE

ANZ to arm brokers with cutting-edge tools

by Nick Bendel and James Mitchell • 21 Nov 2014
ANZ is about to launch a new online toolkit that will allow brokers to model complicated scenarios with their clients... READ MORE

Michael Russell shines light on succession plan

by Nick Bendel • 21 Nov 2014
Mortgage Choice's outgoing boss has revealed he will help to find his successor, with financial planning experience... READ MORE
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