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Gail Kelly resigns from Westpac
by Staff Reporter • 13 Nov 2014
Westpac has announced today that Gail Kelly will retire as chief executive on February 1 after seven years in the...READ MORE
Some brokers surprisingly upbeat about new lending rules
by Nick Bendel • 13 Nov 2014
Smart brokers and investors could ironically benefit from plans to make investor loans more expensive.
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Aussie Home Loans continues growing and growing
by Staff Reporter • 13 Nov 2014
Aussie Home Loans has revealed it is expanding its Western Australian presence by 40 per cent.
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Bank offers 'low' rates and 100 per cent offset account
by Staff Reporter • 13 Nov 2014
Bank of Sydney has revealed plans to offer borrowers a variable rate of 4.69 per cent.
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Brokers get new tool to master new credit regime
by Staff Reporter • 13 Nov 2014
New online training courses will soon be available to help brokers learn about comprehensive credit reporting.
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National house price growth finally returns to single figures
by Staff Reporter • 13 Nov 2014
Expanding housing supply has been credited with reducing property prices to one-year lows.
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Rate war may be coming to an end, brokers warned
by Nick Bendel • 12 Nov 2014
Brokers may be running out of time to capitalise on the ongoing spate of rate cuts, which has now seen variable rates... READ MORE
Online property transfers finally possible
by Nick Bendel • 12 Nov 2014
Australia's emerging electronic conveyancing network has celebrated its "most significant milestone" with the launch of... READ MORE
Two in three investors plan to use brokers for next loan
by Nick Bendel • 12 Nov 2014
Property investors are fans of the third-party channel and could potentially help brokers build referral relationships,... READ MORE
Wide Bay Australia reduces variable rate to 4.65pc
by Staff Reporter • 12 Nov 2014
Wide Bay Australia has unveiled its lowest ever home loan rate after making cuts of up to 65 basis points.
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Heritage Bank waives application fees
by Staff Reporter • 12 Nov 2014
Heritage Bank borrowers can save up to $600 after the mutual temporarily waived application fees.
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Discharge times slammed as 'absolutely ludicrous'
by Nick Bendel • 11 Nov 2014
Banks have been urged to speed up their discharge times so clients are not "held to ransom" when they want to... READ MORE
Award-winning city broker boosts productivity by moving to the country
by Nick Bendel • 11 Nov 2014
One star broker has accidentally discovered the secret of being more accessible to his clients – moving 250... READ MORE
Investor lending share rises to 41.4pc
by Nick Bendel • 11 Nov 2014
Mortgage lending figures have continued to surge thanks to a 27.4 per cent jump in investor finance.
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AFG enjoys 17.2pc jump in volumes
by Nick Bendel • 11 Nov 2014
AFG has enjoyed another stellar month, with volumes and home loan sales at record levels.
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Aggregator highlights referral possibilities as part of rebrand
by Staff Reporter • 11 Nov 2014
Australian Loan Company has changed its name as part of a strategy to forge closer links with its sister financial... READ MORE
Should the big four banks return profits to brokers and borrowers?
by Nick Bendel • 10 Nov 2014
Large profits from the majors have raised the question of whether they should return some margin through higher... READ MORE
APRA criticises banks in mortgage crash stress test
by Nick Bendel • 10 Nov 2014
Australia's banks would initially cope well with a housing slump but would struggle to bounce back.
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New program could bring ‘dead leads’ back to life
by Huntley Mitchell • 10 Nov 2014
Brokers may have a new way to capitalise on clients who initially fail to qualify for finance.
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Profits up, LVRs down for Genworth
by Nick Bendel • 10 Nov 2014
Australia's booming housing market has delivered strong profit growth for Genworth, with a market analyst forecasting... READ MORE
Australia a world leader in property price growth
by Staff Reporter • 10 Nov 2014
A new global report has revealed Australia's house and unit values have more than tripled since 1975.
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ASIC issues new rules for brokers
by Nick Bendel • 7 Nov 2014
ASIC has updated its responsible lending guidelines in response to a landmark court case that is set for resolution... READ MORE
APRA warns lenders over high LVRs
by Nick Bendel • 7 Nov 2014
Banks that offer mortgages with LVRs above 90 per cent are taking serious risks, according to APRA.
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Brokers drive record results for ME Bank
by Nick Bendel • 7 Nov 2014
ME Bank has posted record mortgage volumes thanks partly to its massive growth in broker numbers.
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Increased car importing may force change in credit standards
by Nick Bendel • 7 Nov 2014
The decline of Australian car manufacturing could make vehicle finance more complicated.
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Brokers elect candidates on to board and state committees
by Nick Bendel • 7 Nov 2014
MFAA brokers have elected 21 candidates in the first direct elections in the association's history.
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MFAA slams APRA over broker commissions
by Staff Reporter • 6 Nov 2014
The MFAA has hit back at APRA over its "completely incorrect" assertions about mortgage broker commissions in its... READ MORE
WA mortgage broker drowns
by Nick Bendel • 6 Nov 2014
A Perth mortgage broker has died in tragic circumstances during a cruise.
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APRA warns industry about commissions 'risk'
by Nick Bendel • 6 Nov 2014
Broker commissions have returned to the spotlight after APRA warned banks about their "inherent" risk.
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Advantedge reduces variable rates to 4.63pc
by Staff Reporter • 6 Nov 2014
Advantedge Financial Services has announced a temporary discount of 0.10 per cent on new full-doc variable rate... READ MORE
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