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Lending restrictions will backfire: Century 21

by James Mitchell • 14 Oct 2014

Real estate behemoth Century 21 believes any move by the RBA to restrict lending simply won’t work.

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Century 21 boss reveals how to become superstar broker

by Staff Reporter • 13 Oct 2014
Century 21 Home Loans Chief executive James Green has revealed his fail-safe rules to becoming a $100-million-a-year... READ MORE

Westpac praised for response to ASIC investigation

by Staff Reporter • 13 Oct 2014
ASIC has welcomed a decision by Westpac to compensate more investors who came into contact with a former rogue home... READ MORE

Aggregator calls for housing market reform

by Staff Reporter • 13 Oct 2014
National Mortgage Brokers has called for governments to help first home buyers by removing the obstacles to new... READ MORE

Investor boom continues as loan commitments jump 29.3pc

by Nick Bendel • 13 Oct 2014

Investor finance commitments have been growing at almost three times the rate of owner-occupied mortgages.

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First home buyers want new mortgage options: survey

by Staff Reporter • 13 Oct 2014
Almost half of young Australians want superannuation or salary rules to change so they can enter the housing... READ MORE

Heritage Bank announces 30-point rate cut

by Nick Bendel • 10 Oct 2014
Heritage Bank has “recognised the need to offer sharper pricing” by unveiling a discounted variable rate of 4.69... READ MORE

Bank of Queensland plans big broker expansion

by Nick Bendel • 10 Oct 2014
Bank of Queensland has announced plans to almost double its pool of accredited brokers this financial year after... READ MORE

ASIC links insurance non-compliance to high commissions

by Staff Reporter • 10 Oct 2014
Firms that sell life insurance have been put on notice after an ASIC review found high levels of... READ MORE

Historic election process underway

by Nick Bendel • 10 Oct 2014
Nominations have opened for the first direct election in MFAA history, with the association expecting a turnout of... READ MORE

Expanding lender keeps expanding BDM team

by Nick Bendel • 10 Oct 2014

Bluestone has now added its sixth BDM in 2014 and has revealed plans to add up to four more in the coming year.

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Brokers making limited use of lending panels

by Nick Bendel • 9 Oct 2014
Most brokers regularly use a maximum of six lenders, while a surprisingly high number favour just one or two, according... READ MORE

Surging Chinese demand drives rapid growth for brokerage

by Nick Bendel, James Mitchell • 9 Oct 2014
The Sydney and Melbourne investor markets are running so hot that one China-focused brokerage has forecast doubling its... READ MORE

More to housing market than just Sydney and Melbourne

by Nick Bendel • 9 Oct 2014
Commentators and policymakers have been reminded that a majority of Australia’s population live outside the big two... READ MORE

Adelaide Bank hires new BDM

by Nick Bendel • 9 Oct 2014

Adelaide Bank has appointed its eighth BDM and revealed that more may be needed to cater for continuing growth.

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Lender makes another new appointment

by Staff Reporter • 9 Oct 2014

Australian First Mortgage has appointed industry veteran Rob Maloney as a credit services officer for NSW.

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Politicians trade barbs over mortgage candidate fraud

by Nick Bendel • 8 Oct 2014
The reported rise in fraudulent recruitment applications has turned political after the federal opposition accused the... READ MORE

New lending rules could threaten residential construction

by Nick Bendel • 8 Oct 2014
Regulators have been warned that ‘macroprudential tools’ could damage the “really strong pipeline” of new home... READ MORE

Sydney and Melbourne property prices set to fall

by Nick Bendel • 8 Oct 2014
Australia’s main housing markets have been forecast to start declining in 2016/2017, with significant price drops... READ MORE

Lender wins APRA approval to change name

by Staff Reporter • 8 Oct 2014

Brokers should now find it easier to sell one lender’s products after it added ‘bank’ to its name.

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Australians continue to increase their borrowing power

by Staff Reporter • 8 Oct 2014
Both rich and poor households have strongly grown their disposable income during the most recent reporting... READ MORE

Reserve Bank reveals cash rate decision - 2014

by Staff Reporter • 7 Oct 2014

The Reserve Bank of Australia has announced the result of its monthly board meeting.

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Brokers speak out against ‘artificial intervention’ in lending...

by Nick Bendel • 7 Oct 2014
Brokers have voiced concern about “micromanagement” and “artificial intervention” after regulators warned that... READ MORE

‘Big data and diversification equals more money’

by Staff Reporter • 7 Oct 2014
Brokers are losing revenue opportunities by failing to properly exploit customer data, according to one tech... READ MORE

Clients falling out of love with branch networks

by Nick Bendel • 7 Oct 2014
Brokers have reported that branch networks are losing their appeal, although regional borrowers may still value bricks... READ MORE

Sydney property prices still growing at double-digit rates

by Staff Reporter • 7 Oct 2014

Sydney continues to be the runaway leader for property price growth, new research has revealed.

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Interest rate hikes on the horizon

by Staff Reporter • 7 Oct 2014
Interest rates will remain on hold for the rest of 2014 but will begin steadily rising from 2015, according to a survey... READ MORE

Convergence set to enter new era

by Staff Reporter • 6 Oct 2014
Brokers have been warned of a growing challenge from accounting groups who see mortgage broking as a logical... READ MORE

Brokers defended at parliamentary inquiry

by Nick Bendel • 6 Oct 2014
The MFAA has defended the educational standards of brokers and dismissed the “old chestnut” that commissions... READ MORE

Rising property prices ‘more than offset’ by cheaper mortgages

by Nick Bendel • 6 Oct 2014
Housing affordability remains within long-term averages, according to surprising testimony from the Reserve Bank of... READ MORE
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