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Aussie makes another rate cut

by Staff Reporter • 18 Sep 2014

Aussie Home Loans has undercut the big banks by reducing its Select Basic Variable rate to all-time lows.

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Report paints Australia as global property powerhouse

by Staff Reporter • 18 Sep 2014
Australia is attracting a disproportionately high share of international real estate investment, according to a new... READ MORE

Brokers urged to provide more funding options to business clients

by Nick Bendel • 18 Sep 2014
New research has suggested that many commercial clients are expanding but are “unaware of the funding options”... READ MORE

ASIC announces review into self-reporting of rule breaches

by Nick Bendel • 17 Sep 2014
ASIC has said it usually takes no action against firms that admit regulatory breaches – but that failure to... READ MORE

Foreign clients could prefer common values to language

by Huntley Mitchell • 17 Sep 2014
Brokers are divided about how much clients value ethnicity, after one real estate mogul forecast that Indian buyers... READ MORE

Cash rate to stay at 2.5pc until Sep 2015: RBA

by Nick Bendel • 17 Sep 2014
The official cash rate will remain at a record-low 2.5 per cent “for the next year at least”, according to the... READ MORE

PLAN focuses on benchmarking and software as it turns 15

by Nick Bendel • 17 Sep 2014
PLAN Australia has unveiled a new benchmarking system for its 1,300 brokers as it prepares to celebrate its 15th... READ MORE

Big banks can sell home loans but not super: Roy Morgan

by Staff Reporter • 17 Sep 2014

The big four banks are good at selling home loans and credit cards but struggle to cross-sell superannuation.

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Sydney broker convicted of $3.6m loan fraud

by Staff Reporter • 16 Sep 2014
ASIC has helped convict a Sydney broker who created false documents in an attempt to secure more than $3.6 million of... READ MORE

Loan Market diversifies into financial planning

by Staff Reporter • 16 Sep 2014

Loan Market has advertised for experienced financial planners to join its new advice business.

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Tim Brown turns TV star in business reality show

by Nick Bendel • 16 Sep 2014
Prominent industry figures Tim Brown and Murray Lees have joined a Sydney broker in a business mentoring reality... READ MORE

Smartline named best franchise in Australia

by Nick Bendel • 16 Sep 2014
Smartline Personal Mortgage Advisers has beaten more than 1,000 other groups to be named Australia’s top... READ MORE

Buy real estate in cities not regional areas: John Symond

by Staff Reporter • 16 Sep 2014
Almost half of properties in Australia’s capital cities are selling for more than their listing price, according to... READ MORE

Survey reveals savings goals and techniques

by Staff Reporter • 16 Sep 2014

Property is the most popular goal for people who are actively saving money, according to new research.

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Debate continues about mixing broking and planning

by Nick Bendel • 15 Sep 2014
The convergence debate shows no signs of ending, with industry figures continuing to dispute whether brokers should... READ MORE

E-conveyancing will mean more competition, inquiry told

by Nick Bendel • 15 Sep 2014
An emerging mortgage technology has been hailed as a way for smaller lenders to “capture a greater share of the... READ MORE

Sintex cuts rates, adds commissions

by Nick Bendel • 15 Sep 2014

Sintex has cut its variable rates and introduced upfront payments for commercial loans.

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Pre-GFC glory days return as house sales reach six-year highs

by Staff Reporter • 15 Sep 2014
House sales have reached their highest levels since before the GFC, although they may have peaked, according to new... READ MORE

Suncorp Bank creates new tier of broker support

by Staff Reporter • 15 Sep 2014
Suncorp Bank has boosted its broker support by hiring seven business development officers to work alongside its... READ MORE

CBA turnaround times back on track

by Nick Bendel • 12 Sep 2014
Commonwealth Bank has returned its SLAs to normal levels after reports that the lender had struggled to maintain... READ MORE

Six months on, new credit rules yet to impress

by Nick Bendel • 12 Sep 2014
The new credit rules that began exactly six months ago appear to have gone unnoticed even though they are expected to... READ MORE

Small banks have ‘major disincentive to growth’

by Nick Bendel • 12 Sep 2014
The federal government has been warned that existing capital rules reduce the incentive for smaller banks to challenge... READ MORE

Price growth below inflation in two capital cities

by Staff Reporter • 12 Sep 2014

Hobart has joined Sydney and Melbourne as fast-moving markets, while Perth and Darwin appear to be stagnating.

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Bank and mortgage manager form strategic alliance

by Staff Reporter • 12 Sep 2014
Ballast Finance’s wholesale mortgage management arm has signed a strategic alliance with Tasmanian lender... READ MORE

Broker jailed, more charges may follow

by Staff Reporter • 11 Sep 2014

An Adelaide broker has been jailed for more than two years after being found guilty of stealing $170,000.

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New app promises to cut loan processing from weeks to minutes

by Staff Reporter • 11 Sep 2014
FBAA members will soon have access to a real-time verification tool that could cut three weeks from the mortgage... READ MORE

Smaller banks confident of gaining ground on big four

by Nick Bendel • 11 Sep 2014
Non-major banks have promised brokers faster turnarounds and better BDM support as they look to challenge the big... READ MORE

Verifying credit files can mean cheaper loans: credit repair agency

by Nick Bendel • 11 Sep 2014
Brokers can turn clients into “raving fans” by helping them correct their credit reports, according to one credit... READ MORE

Housing finance commitments jump 18.2pc

by Nick Bendel • 11 Sep 2014
Strong building activity has been forecast for the next three years after new data showed surging growth in the... READ MORE

Parliament told broker education is ‘manifestly inadequate’

by Nick Bendel, Huntley Mitchell • 10 Sep 2014
Brokers should be required to attain university degrees because current qualifications are “manifestly inadequate”,... READ MORE
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