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Speculation grows about Coles move into mortgages

by Staff Reporter • 16 Jul 2014
Supermarket giant Coles has confirmed its move into financial services, which has added to industry speculation it...READ MORE

Property investment market continues to grow

by Staff Reporter • 16 Jul 2014
Australian investors have continued their dominance of the property market, as the percentage of investors has grown to... READ MORE

Business demand ‘positive’ despite poor credit figures

by Staff Reporter • 16 Jul 2014

There has been a dramatic fall in the growth of business credit, according to new research from Veda.

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Study needed to ‘bring clawback debate to an end’

by Nick Bendel • 15 Jul 2014
The FBAA has called for a study to settle once and for all why loans end prematurely and whether clawbacks are... READ MORE

Does it cost more to own or rent?

by Nick Bendel • 15 Jul 2014
A new research paper has found that renting is cheaper than buying for properties that are occupied for less than eight... READ MORE

Housing scorecard finds big surge in NSW

by Staff Reporter • 15 Jul 2014
Western Australia has the strongest housing market in the country, while NSW has surged into second place, according to... READ MORE

Economist warns of new GFC in 2015

by Staff Reporter • 15 Jul 2014
The World Competitiveness Center has predicted that a global financial crisis is likely, and not enough action is being... READ MORE

Adelaide Bank cuts fixed rates by 40 points

by Staff Reporter • 14 Jul 2014

Adelaide Bank has dropped its SmartFix five-year fixed rate to an “historic low” of 5.34 per cent.

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Brokers reveal why they would switch aggregator

by Staff Reporter • 14 Jul 2014
Younger brokers place greater emphasis on commissions than veterans, while women are more concerned about compliance... READ MORE

Brokers turn to business coach to run nine-office empire

by Nick Bendel • 14 Jul 2014
The trio that own nine Mortgage Choice franchises have paid tribute to their business coach after being recognised as... READ MORE

Two days left to become Australia’s smartest broker

by Staff Reporter • 14 Jul 2014
A record number of brokers have entered the $5,000 annual competition that determines who has the industry’s sharpest... READ MORE

Housing finance declines in May

by Staff Reporter • 14 Jul 2014
The case for leaving interest rates on hold has strengthened after new data showed housing finance commitments appear... READ MORE

CBA appoints respected judge to lead inquiry

by Staff Reporter • 14 Jul 2014
The Commonwealth Bank has appointed former judge Ian Callinan as chairman of the bank’s independent review into the... READ MORE

Banks can afford bigger commissions, say brokers

by Nick Bendel • 11 Jul 2014
Brokers have given their verdict on the big four’s commission structures while also calling on all lenders to share... READ MORE

Third-party channel writing only 22pc of reverse mortgages

by Nick Bendel • 11 Jul 2014

An annual reverse mortgage report has revealed a large opening for brokers, even though the market has stalled.

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Loan Market boss calls for extra stamp duty for foreign investors

by John Bastick • 11 Jul 2014
The head of one of Australia’s top franchise groups has called on governments to impose an additional stamp duty on... READ MORE

Property confidence up in NSW, down in WA

by Staff Reporter • 11 Jul 2014
Confidence across the property sector remains buoyant despite signs that it is easing, according to a survey conducted... READ MORE

Australian students pass the test for financial literacy

by Staff Reporter • 11 Jul 2014
School students have flown the flag for Australia, ranking highly in the first international study of students’... READ MORE

Victorian broker banned by ASIC

by Staff Reporter • 10 Jul 2014
ASIC has announced today that it has permanently banned a Victorian broker due to a “misleading” credit licence... READ MORE

Brokers offered real estate commissions in new scheme

by Nick Bendel • 10 Jul 2014
A new real estate scheme has been created in response to the controversial practice of developers paying excessive... READ MORE

Spruikers are in ‘prime position to write the loan’

by Staff Reporter • 10 Jul 2014
Brokers who are sick of losing deals to property spruikers have been advised to actively warn clients about the... READ MORE

Credit demand went backwards in 2013/2014: Veda

by Staff Reporter • 10 Jul 2014
Weak consumer confidence and soft income growth have driven a three per cent drop in consumer credit demand, according... READ MORE

Big rent jumps for Melbourne houses, Sydney units

by Staff Reporter • 10 Jul 2014
There is bad news for tenants in Sydney and Melbourne with rent prices on the rise, according to a report by Australian... READ MORE

Broker pleads guilty to $3.6m home loan fraud

by Staff Reporter • 9 Jul 2014

A Sydney broker has pleaded guilty to four charges of fraud, ASIC announced today.

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Adelaide Bank cuts fixed rates by 20 points

by Staff Reporter • 9 Jul 2014

Adelaide Bank has announced a cut of 20 basis points to one of its home loan products.

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Yellow Brick Road announces Resi acquisition

by Nick Bendel • 9 Jul 2014
Yellow Brick Road announced this morning that it has signed an agreement to acquire Resi Mortgage Corporation for $36... READ MORE

Australian First Mortgage cuts fixed rates by 40 points

by Staff Reporter • 9 Jul 2014
Australian First Mortgage has wasted little time unveiling another round of rate cuts, with fixed rates falling by up... READ MORE

Australia’s top 20 building and population hotspots revealed

by Huntley Mitchell • 9 Jul 2014
Brokers in Australia’s leading building and population hotspots have revealed the strong market conditions in their... READ MORE

Bank decision could ‘cause enormous harm to developers’

by Staff Reporter • 9 Jul 2014
Changes to lending criteria for survey-strata house and land contracts could stop many current off-the-plan projects, a... READ MORE

Tax refunds to be used on mortgages and other debt

by Staff Reporter • 9 Jul 2014
More than one in five Australians plan to use their tax refund to pay down their mortgage, according to new... READ MORE
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