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Bank changes name, unveils new products
by Nick Bendel • 28 May 2015
One lender has made massive changes, with a new name, new home loans and new fixed-rate options.
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Economist pours water on housing tax idea
by Lara Bullock • 28 May 2015
A new investment tax measure designed to cool the red-hot Auckland market isn’t the answer to slowing the Sydney... READ MORE
Lender completes $1bn RMBS deal
by Reporter • 28 May 2015
One non-bank lender has completed a major Australian residential mortgage-backed securities (RMBS) deal, with the help... READ MORE
ACCC voices ‘widespread concerns’ about credit repair firms
by Nick Bendel • 27 May 2015
Credit repair companies regularly mislead and exploit vulnerable consumers, according to a regulator’s... READ MORE
Mortgage group unveils record low rate
by Nick Bendel • 27 May 2015
LJ Hooker Home Loans has made a cut of 35 basis points to its white-label product.
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Central bank tightens investor LVRs
by Nick Bendel • 27 May 2015
Australian regulators could be keeping a close eye on New Zealand after new investor rules were introduced by its... READ MORE
Another federal housing inquiry gets underway
by Reporter • 27 May 2015
Australia’s parliament has launched an inquiry into home ownership in a sign that affordability remains a key... READ MORE
Sydney broker pleads guilty to $7m fraud
by Reporter • 26 May 2015
A former Aussie Home Loans broker has pleaded guilty to three fraud charges brought by ASIC.
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Broker faces court for alleged $12m fraud
by Reporter • 26 May 2015
A mortgage broker has appeared in court after ASIC alleged he operated a Ponzi scheme.
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Westpac poaches leading CBA third-party executive
by Reporter • 26 May 2015
Former Commonwealth Bank executive Lyn Cobley has been appointed Westpac Institutional Bank’s new group... READ MORE
Bank working weekends to fix turnarounds
by Nick Bendel • 26 May 2015
ME Bank has been working extended hours to get turnarounds back on track after its 3.99 per cent rate contributed to a... READ MORE
RBA report highlights credit risks
by Reporter • 26 May 2015
A new report by the Reserve Bank of Australia has warned that rising unemployment and household indebtedness could have... READ MORE
MFAA relocation means ‘increased productivity’
by Huntley Mitchell • 26 May 2015
The MFAA is now closer to industry firms and is offering brokers hot desk facilities since its recent move to pricier... READ MORE
Economy has flatlined, survey reveals
by Reporter • 26 May 2015
Property and finance are two of the bright spots in an otherwise sluggish economy, a new business survey has... READ MORE
ASIC forces bank to change lending practices
by Staff Reporter • 25 May 2015
Bank of Queensland has changed its lending practices following concern from ASIC about the way it assessed applications... READ MORE
Bankwest appoints new broker head
by Reporter • 25 May 2015
Bankwest has announced the appointment of Stewart Saunders as it general manager of broker sales for its retail... READ MORE
Nation's largest lender under margin pressure
by James Mitchell • 25 May 2015
A report on Australia’s biggest bank has found it will face ongoing margin pressure after its quarterly trading... READ MORE
AFG snares real estate-backed mortgage group
by Reporter • 25 May 2015
Australia’s largest aggregator has partnered with a new brokerage that expects to be represented in all states and... READ MORE
Scottish Pacific offers new SME opportunity
by Reporter • 25 May 2015
Scottish Pacific has extended funding options for Australia and New Zealand SMEs after announcing it will now offer... READ MORE
Sydney market poised for downturn
by Nick Bendel • 22 May 2015
Overcrowding concerns and declining investor demand could cause Sydney price growth to plummet to just one-fifth of its... READ MORE
Brokers can drive more business via the internet
by Karina Cotter • 22 May 2015
The Adviser has launched a one-day, interactive boot camp, partnered by Westpac, to help brokers build and grow their... READ MORE
Appoint a housing minister: federal inquiry
by Reporter • 22 May 2015
Politicians from the key political parties have demanded the creation of a dedicated housing ministry to help make... READ MORE
Beware of tax concession traps
by Reporter • 22 May 2015
Small businesses should be wary of “bending the rules” to capitalise on the government’s newly proposed tax... READ MORE
Brokers to feel effects of APRA investor crackdown
by Huntley Mitchell • 21 May 2015
APRA’s focus on investor lending could have a significant impact on brokers who specialise in that segment of the... READ MORE
New campaign to generate ‘awareness and leads’ for brokers
by Reporter • 21 May 2015
Pepper has launched a new campaign aiming to raise the profile of specialist lending and educate borrowers about its... READ MORE
New app to reduce turnaround times
by Reporter • 21 May 2015
The MFAA has announced a partnership with a new smartphone app designed to help brokers manage the compliance process... READ MORE
Scrapping first home owner grant ‘makes no sense’
by Reporter • 21 May 2015
The Western Australian Budget has dealt a blow to first home buyers, who will no longer receive a government grant for... READ MORE
Broker banned for $3.6m fraud
by Reporter • 20 May 2015
ASIC has punished a Sydney broker with a 10-year ban after she was convicted of loan fraud.
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‘Responsible’ Bankwest puts brake on investor lending
by Reporter • 20 May 2015
Bankwest has made it harder for investors to secure loans, in a sign that APRA’s campaign on lending standards is... READ MORE
Connective brokers offered new growth opportunity
by Reporter • 20 May 2015
Connective has officially launched its new range of white-label home loan products under its home loans brand.
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