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Westpac makes 49-point rate cut
by Staff Reporter • 8 Jul 2014
Westpac has discounted its variable rate to 4.84 per cent in a bid to tempt first home buyers.
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Tech knowledge gaps are costing brokers sales
by Nick Bendel • 8 Jul 2014
About 50 per cent of brokers are costing themselves sales because they don’t understand their software platforms,... READ MORE
Industry in the mood for more innovation
by Nick Bendel • 8 Jul 2014
La Trobe Financial’s move to introduce a parent-child mortgage has led to calls for more innovation such as LMI... READ MORE
Commercial lender adds residential arm
by Nick Bendel • 8 Jul 2014
Sintex has set itself to become a “fierce competitor to the banks” after diversifying from commercial lending into... READ MORE
Senate inquiry spotlight shifts from CBA to Macquarie
by Staff Reporter • 8 Jul 2014
Fairfax Media has reported that Macquarie Group did not cooperate with the Senate inquiry that examined unethical... READ MORE
Homeloans recruits two more BDMs
by Staff Reporter • 8 Jul 2014
Homeloans has announced the addition of two new BDMs in an attempt to further strengthen its team and new... READ MORE
Suncorp Bank cuts variable rates to 4.65pc
by Staff Reporter • 7 Jul 2014
Suncorp Bank has strengthened its push to be “the bank brokers consider first” by reducing its home loan rates to... READ MORE
La Trobe formalises parent-child mortgages
by Nick Bendel • 7 Jul 2014
A new product from La Trobe Financial allows parents to formally help their children secure a mortgage “without the... READ MORE
Housing lobby urges govt to improve mortgage competition
by Nick Bendel • 7 Jul 2014
One housing group has warned the federal government about a lack of competition in the mortgage lending and insurance... READ MORE
CBA whistleblower slams ‘appalling’ ASIC
by Nick Bendel • 7 Jul 2014
The man who blew the whistle on the Commonwealth Bank’s financial planning scandal has called for a “wholesale... READ MORE
Research group tips massive year for mortgages
by Staff Reporter • 7 Jul 2014
Mortgage lending will be one of Australia’s top five industries during the next 12 months, according to a research... READ MORE
Personal loans ‘could be a real option for your clients’
by Staff Reporter • 7 Jul 2014
Brokers should think twice before dismissing personal loans as ‘bad debt’, according to one lender.
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Finsure buys stake in wealth business
by Nick Bendel • 4 Jul 2014
Finsure has announced its second major deal in less than a year after acquiring a “major stake” in financial... READ MORE
Adelaide Bank cuts interest rates by 50 points
by Staff Reporter • 4 Jul 2014
One bank with a “strong appetite for growth” has announced cuts of 50 basis points to its fixed and variable... READ MORE
Australian First Mortgage cuts rates by 50 points
by Staff Reporter • 4 Jul 2014
One lender said it wanted to build on its success during the last financial year by cutting variable and fixed rates by... READ MORE
ASIC goes to court to uphold credit laws
by Staff Reporter • 4 Jul 2014
ASIC has welcomed a $1.5 million fine against a consumer credit provider and launched civil proceedings against two... READ MORE
Housing approvals bounce back
by Staff Reporter • 4 Jul 2014
Building approvals have bounced back following several months of declines, according to the Australian Bureau of... READ MORE
CBA comments on financial planning scandal
by Staff Reporter • 3 Jul 2014
The Commonwealth Bank has announced an ‘open review program’ to investigate the advice failures at its financial... READ MORE
‘Rising leads’ driving broker recruitment at major group
by Nick Bendel • 3 Jul 2014
One of Australia’s largest broker groups has revealed plans to recruit another 100 brokers in response to strong... READ MORE
Lender cuts rates by 10 points
by Staff Reporter • 3 Jul 2014
One specialist lender has made changes to almost all of its prime and custom home loans.
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Identity theft is costing borrowers dear: credit expert
by Staff Reporter • 3 Jul 2014
Brokers need to alert clients to the dangers of identity theft and the impact it can have on their borrowing power,... READ MORE
Australia’s best investment property locations for $500,000
by Staff Reporter • 3 Jul 2014
One valuation firm has revealed the suburbs in Australia that should be targeted by investors with $500,000 to... READ MORE
Debtor finance firm appoints former Bank of Qld man as BDM
by Staff Reporter • 3 Jul 2014
Scottish Pacific has announced its second appointment in a week after confirming Bob Ada as its new BDM for Queensland... READ MORE
Higher commissions, new third-party player on the way?
by Nick Bendel • 2 Jul 2014
Brokers may see improved commissions, faster loan processing and a new third-party player in the next 12... READ MORE
Aussie rate cut ‘throws down gauntlet’ to big banks
by Staff Reporter • 2 Jul 2014
Aussie Home Loans said it has “thrown down the gauntlet to other major lenders” by reducing some of its rates to... READ MORE
Property prices reveal tale of two Australias
by Staff Reporter • 2 Jul 2014
Strong price growth in Australia’s two big cities has disguised the fact that other markets are much more... READ MORE
Aggregators reveal in-house mortgage statistics
by Staff Reporter • 2 Jul 2014
First home buyer numbers have fallen significantly over the past 12 months, according to AFG statistics.
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Mortgage borrowers continue turning to variable rates
by Staff Reporter • 2 Jul 2014
Variable loans now represent more than three-quarters of Mortgage Choice’s volumes.
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Reserve Bank makes cash rate announcement
by Staff Reporter • 1 Jul 2014
The Reserve Bank of Australia has announced the outcome of its monthly board meeting.
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More winners than losers in strong 2013/14
by Nick Bendel • 1 Jul 2014
Publicly listed industry firms doubled the performance of the stock market in 2013/2014 – although the share price of... READ MORE
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