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Settlements up but loan book down at Homeloans

by Nick Bendel • 26 Aug 2014

Homeloans has reported growth in broker settlements and brand recognition, although profit has fallen.

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La Trobe extends commercial terms to 25 years

by Staff Reporter • 26 Aug 2014

La Trobe Financial has extended the loan terms available on commercial lending products to 25 years.

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Brokers with hearing problems advised to seek help

by Nick Bendel • 26 Aug 2014
A Genworth executive who went deaf in one ear has advised brokers with hearing problems to seek help during Hearing... READ MORE

‘High-risk’ credit applications rise 52pc in two years

by Nick Bendel • 25 Aug 2014
Some banks remain naive about credit fraud, despite a 52 per cent jump in suspicious applications in the past two... READ MORE

Star broker gets 75pc of business from accountants

by Nick Bendel • 25 Aug 2014
Australia’s Finance Broker of the Year focuses on accountants because they are the “key influencers” of... READ MORE

Online mortgage threat still years away: Mortgage Choice

by Nick Bendel • 25 Aug 2014

Mortgage Choice has said that brokers have nothing to fear from digital rivals – at least for now.

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MyState profits fall, margin pressure forecast

by Nick Bendel • 25 Aug 2014

The MyState group has posted a modest annual profit despite its banking business going backwards.

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‘We want to attract more female brokers to the FAST network’

by Staff Reporter • 25 Aug 2014
FAST has revealed it wants to recruit more female brokers as its second annual Women in Finance roadshow draws to a... READ MORE

Mortgage Choice posts record result

by Nick Bendel • 22 Aug 2014
Mortgage Choice has delivered a record profit and settlement result, while continuing to expand the non-broking share... READ MORE

False mortgage advertising is ‘widespread’: MFAA

by Staff Reporter • 22 Aug 2014

Brokers have been warned about the “widespread industry practice” of “false home loan advertising”.

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AMP Bank posts strong mortgage growth

by Nick Bendel • 22 Aug 2014

AMP Bank has increased its earnings despite the parent group reporting falling revenues and profits.

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Australians want more transparent banking: survey

by Staff Reporter • 22 Aug 2014
New research commissioned by Australia’s smaller banks has found that people want more transparency regarding rates... READ MORE

FBAA announces national conference

by Staff Reporter • 22 Aug 2014

The FBAA has said it will show brokers how to “maximise their revenue” at its upcoming national conference.

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Broker tells court: I stole money to help clients

by Staff Reporter • 21 Aug 2014
A broker has told a court that he dishonestly used money from new clients to help existing customers meet their... READ MORE

Broker spots big opportunity in migrant boom

by Nick Bendel • 21 Aug 2014
One broker is about to launch an Indian mortgage group to capitalise on the large numbers of Indians moving to growth... READ MORE

Credit files can be repaired for free, says association

by Nick Bendel • 21 Aug 2014
Brokers have been urged to familiarise themselves with credit legislation so they can help clients repair their credit... READ MORE

Low interest rates set to boost economy: Reserve Bank

by Staff Reporter • 21 Aug 2014
Interest rates are likely to remain at record lows and to drive an increase in business investment, according to the... READ MORE

National conveyancing firm increases broker support

by Nick Bendel • 21 Aug 2014
Slater & Gordon’s Conveyancing Works has appointed a new national sales manager to better support... READ MORE

Broker of the Year avoids discussing rates

by Nick Bendel • 20 Aug 2014
The man judged Australia’s best broker has said there is “far greater value than just offering rates” and only... READ MORE

LJ Hooker goes retail with new high street brokerages

by Nick Bendel • 20 Aug 2014
LJ Hooker Home Loans is about to boost its profile by opening the first in a series of highly visible local... READ MORE

QBE plans partial sale of ‘highly profitable’ LMI business

by Nick Bendel • 20 Aug 2014

QBE Insurance has announced plans to float a minority stake of its Australian mortgage insurance business.

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Brokers critical to our business: Suncorp Bank

by Nick Bendel • 20 Aug 2014
Suncorp Bank has said it will rely on brokers as it aims to keep growing market share outside its Queensland... READ MORE

Banks concede lack of control over foreign housing funds

by Staff Reporter • 20 Aug 2014
Australian banks have admitted to having limited control over the financing of residential purchases by overseas... READ MORE

Westpac cuts three-year rates

by Staff Reporter • 19 Aug 2014

Westpac has announced another rate cut, with its three-year fixed rate falling by five basis points.

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CBA cuts fixed rates by 50 points

by Staff Reporter • 19 Aug 2014

Commonwealth Bank has continued cutting its fixed rates by announcing cuts of up to 50 basis points.

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Pepper launches new 85pc prime home loan

by Staff Reporter • 19 Aug 2014
Pepper has extended its prime product range, with customers now able to borrow from 4.85 per cent at up to 85 per cent... READ MORE

Brokers win and lose in latest mortgage figures

by Staff Reporter • 19 Aug 2014

Brokers have lost market share but continued to drive growth in mortgage lending.

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NAB home loan balances grow 8.5pc

by Nick Bendel • 19 Aug 2014

NAB has reported “good growth in mortgage lending” despite its net profit remaining steady.

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Mark Davis named Australia’s top broker

by Staff Reporter • 18 Aug 2014

Mark Davis has confirmed his star status by being crowned Broker of the Year at the Australian Broking Awards.

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ANZ home loans business keeps growing

by Nick Bendel • 18 Aug 2014

ANZ has reported strong loan growth and increased profit in its latest trading update.

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