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Breaking News
Another housing record gets broken
by Staff Reporter • 3 Sep 2014
New home building approvals have reached their highest level since records began in 1984.
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Reserve Bank leaves cash rate at 2.5pc
by Nick Bendel • 2 Sep 2014
The Reserve Bank has backed up the prediction of most economists by leaving the official cash rate at a record-low 2.5... READ MORE
Yellow Brick Road forecasts first profit in group history
by Nick Bendel • 2 Sep 2014
Yellow Brick Road has forecast that it will finally post a profit in 2014/2015, following $29 million of losses over... READ MORE
Brokers bank on low rates but warn clients to be prepared
by Nick Bendel • 2 Sep 2014
Brokers have backed the consensus view among economists that the official cash rate will remain at 2.5 per cent in... READ MORE
LMI makes sense, say prominent brokers
by Nick Bendel • 2 Sep 2014
Prominent brokers have endorsed LMI as part of a Genworth campaign to promote mortgage insurance.
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Prices skyrocket in big cities, crawl in smaller capitals
by Nick Bendel • 2 Sep 2014
Sydney and Melbourne property prices have increased by about 50 per cent since 2009, while Hobart prices have actually... READ MORE
Lenders offer no-LMI loans up to 85pc LVR
by Staff Reporter • 2 Sep 2014
MyState and The Rock will no longer require mortgage insurance for loans up to 85 per cent LVR.
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MFAA and smaller banks take aim at big four
by Nick Bendel • 1 Sep 2014
The MFAA has been joined by 100 banks in warning the federal government that the big four have too much market... READ MORE
Tech is key to client happiness: Best Customer Service winner
by Nick Bendel • 1 Sep 2014
The brokerage judged to have Australia’s best customer service has said it keeps clients happy by using technology to... READ MORE
Teachers Mutual Bank targets Tasmania
by Nick Bendel • 1 Sep 2014
Teachers Mutual Bank has revealed plans to greatly expand its third-party business in Tasmania, which it sees as a... READ MORE
Big four post steady growth but smaller banks lead the way
by Nick Bendel • 1 Sep 2014
Australia’s big four banks have recorded steady – and remarkably similar – growth in their loan books during the... READ MORE
Good news and bad news for home sales
by Staff Reporter • 1 Sep 2014
New home sales are likely to decline this financial year but will still remain “historically elevated”, the Housing... READ MORE
Best Ethical/ Social Responsibility Program: Loan Market
by Reporter • 29 Aug 2014
Australian Broking Awards 2014
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Credit fraud responsibility ‘ultimately falls with the lender’
by Nick Bendel • 29 Aug 2014
Brokers have a role to play in combating industry fraud, but banks must bear the ultimate responsibility, according to... READ MORE
AMP Bank increases commissions by 20 points
by Nick Bendel • 29 Aug 2014
AMP Bank has offered brokers a temporary commission bonus to help attract customers “that may not have considered AMP... READ MORE
Firstfolio posts $4.1m loss but underlying profit
by Nick Bendel • 29 Aug 2014
Firstfolio has said it ended the financial year in a “much stronger position” despite moving from profit to... READ MORE
Profitable lender promises better back-end support
by Nick Bendel • 29 Aug 2014
Wide Bay Australia has promised brokers will get new loan consultants and better technology, after delivering strong... READ MORE
Think twice before increasing mortgage competition: Reserve Bank
by Nick Bendel • 29 Aug 2014
Increased mortgage competition might actually harm borrowers in the long run, according to the Reserve Bank of... READ MORE
Heritage Bank cuts rates to 3.99pc
by Staff Reporter • 28 Aug 2014
Heritage Bank has unveiled a one-year fixed rate of 3.99 per cent, which is the lowest rate of any kind in its 139-year... READ MORE
ME Bank unveils its lowest-ever three-year rate
by Nick Bendel • 28 Aug 2014
ME Bank has cut its three-year fixed standard home loan rate from 4.69 to 4.59 per cent.
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Bankwest announces commission bonus
by Staff Reporter • 28 Aug 2014
Bankwest has announced a three-month trail bonus of up to 15 basis points and revealed the offer may be... READ MORE
We need more power: ASIC
by Nick Bendel • 28 Aug 2014
ASIC has asked the federal government for more power so it can better protect consumers.
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ABS data shows new home building remains strong
by Staff Reporter • 28 Aug 2014
Residential construction has continued to surge ahead even as overall construction activity has declined.
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ASIC must give banks the same scrutiny as brokers: FBAA
by Nick Bendel • 27 Aug 2014
ASIC has been urged to “level the playing field” and ensure brokers and banks receive the same level of... READ MORE
Targeted marketing ‘really makes a difference’
by Nick Bendel • 27 Aug 2014
The biggest mistake brokers make with marketing is not doing any, according to Best Marketing winner... READ MORE
Housing market keeps powering banks
by Nick Bendel • 27 Aug 2014
The banking sector has become more profitable and is lending relatively greater amounts of money, according to new APRA... READ MORE
Sydney inner-city apartment prices set to keep rising
by Staff Reporter • 27 Aug 2014
Sydney inner-city apartments have been forecast to enjoy price growth of 21 per cent over the next seven years.
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Pepper launches online specialist lending course
by Staff Reporter • 27 Aug 2014
Pepper has unveiled a new online training course to help brokers master specialist lending.
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Aggregators urged to help brokers comply with ASIC
by Nick Bendel • 26 Aug 2014
Outsource Financial has called for aggregators to educate their members so brokers don’t break home loan advertising... READ MORE
Young star aiming to become $100m broker
by Nick Bendel • 26 Aug 2014
The 26-year-old named the industry’s best new broker has improved so rapidly that he expects to triple his volumes in... READ MORE
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KNOWLEDGE CENTRE
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