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Breaking News
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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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Public bank bashing could spell good news for brokers
by Reporter • 20 May 2015
APRA’s criticism of bank lending practices might have provided brokers with a golden marketing opportunity.
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Brokers hit new market share record
by Reporter • 19 May 2015
The rise and rise of mortgage broking has continued, with the industry setting a new record for market share.
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Mortgage brokers still love their local champions
by Reporter • 19 May 2015
Brokers might have just as much of a soft spot for their state’s bank as they do their state’s beer, if new data is...
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Home loan demand hits six-year high
by Reporter • 19 May 2015
The number of owner-occupied mortgage commitments has reached its highest level since September 2009.
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Debt reduction the best strategy following rate cut
by Reporter • 19 May 2015
Borrowers have been advised to take advantage of record-low interest rates by paying off debt rather than splurging...
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Regulator told to be alert, not alarmed
by Nick Bendel • 18 May 2015
APRA is slowly increasing pressure on Australia’s banks despite an industry view that lending standards are sound.
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Homeloans lowers rates on full-doc products
by Reporter • 18 May 2015
Homeloans has cut rates for two of its full-doc home loan products by up to 35 basis points, just over a month after...
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Investors drive record result for major aggregator
by Reporter • 18 May 2015
Strong investor activity in Victoria and New South Wales has helped one of the nation’s largest aggregators process...
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Prices rising in Tasmania as confidence grows
by Reporter • 18 May 2015
The Real Estate Institute of Tasmania (REIT) has said the housing market is on the way up after house sales reached...
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Three lenders announce rate cuts
by Reporter • 15 May 2015
Resimac has now reduced its rates by 150 basis points this year after making another cut of 85 points.
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How do you feel about your aggregator?
by Reporter • 15 May 2015
How happy brokers are with their aggregator – and what might prompt them to leave – is the focus of a recently...
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