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Pepper flags home loan rate cuts in comparison campaign
by Staff Reporter • 1 Jul 2014
One lender has said it might cut rates as part of a campaign to expose how some rivals “disguise fees”.
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Ex-Westpac broker boss joins MyState as CEO
by Staff Reporter • 1 Jul 2014
Westpac’s former general manager of mortgage distribution has been awarded the top job at another lender.
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Housing group says sales may have peaked
by Staff Reporter • 1 Jul 2014
New home sales may have peaked after 12 months of strong growth, but were offset by a decline in May.
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Banks small and large keep growing loan books
by Staff Reporter • 1 Jul 2014
The latest APRA statistics highlight the growth in the market, with all but one of the top lenders increasing its loan... READ MORE
Senate tells ASIC to lift its game
by Nick Bendel • 30 Jun 2014
ASIC has been told to improve its performance and pay close attention to brokers and other advisers who may be acting... READ MORE
Star firm scooping up clients rejected by other brokers
by Nick Bendel • 30 Jun 2014
One fast-rising brokerage has started reaping the rewards of a scheme that ‘coaches’ clients into finance over one... READ MORE
‘Generating referral business isn’t difficult’ in Canberra
by Nick Bendel • 30 Jun 2014
The city ranked as Australia’s most liveable place has been praised by brokers for having high-income residents who... READ MORE
Brokers urged to support investment property regulation
by Staff Reporter • 30 Jun 2014
Brokers have been urged to join planners and accountants to push for regulation in the investment property... READ MORE
Fewer migrants could mean less housing
by Staff Reporter • 30 Jun 2014
Australia may experience a drop in housing demand after attracting fewer migrants than in previous years.
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NAB questions volume incentives
by Nick Bendel • 27 Jun 2014
Volume bonuses have been put back on the agenda after one major bank questioned the practice.
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Give mortgage brokers the respect they deserve: MFAA
by Nick Bendel • 27 Jun 2014
The MFAA has demanded that APRA back down from its claim that third-party loans are riskier than loans from other... READ MORE
Mortgage Ezy launches no-fee loan product
by Staff Reporter • 27 Jun 2014
One lender has said it will reward brokers and challenge its rivals with a new no-fee product.
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Data on foreign real estate investors is ‘quite patchy’: ABS
by Staff Reporter • 27 Jun 2014
Australia’s central bank has said foreigners are not pricing first home buyers out of the market – but another... READ MORE
Big four banks improving their cross-selling ability
by Staff Reporter • 27 Jun 2014
The majors now hold almost one-third of their customer’s financial products, indicating that their ability to... READ MORE
Firstfolio debt position improves with CBA deal
by Nick Bendel • 26 Jun 2014
Firstfolio has taken a major step towards solidifying its future after a company linked to a major shareholder agreed... READ MORE
NAB adds weight to number one ranking
by Nick Bendel • 26 Jun 2014
NAB’s decision to increase its commissions and rebrand Homeside has reinforced its rise from last to first in the... READ MORE
Cash flow lender eyes broker business
by Nick Bendel • 26 Jun 2014
The new general manager of a cash flow lender has offered brokers “generous upfront and ongoing commission” in... READ MORE
Brokers jump at free marketing support
by Staff Reporter • 26 Jun 2014
Over 100 businesses so far have taken up the offer of free MFAA marketing support.
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Sydney and Melbourne auctions set to break records
by Staff Reporter • 26 Jun 2014
Auction market records are on the verge of being broken, with the usually quieter winter selling season nowhere in... READ MORE
Commission increase spurs industry debate
by Nick Bendel • 25 Jun 2014
Prominent industry figures are divided about whether NAB can expect increased volumes from its commission restructure... READ MORE
John Symond urges govt not to over-regulate
by Staff Reporter • 25 Jun 2014
Aussie Home Loans executive chairman John Symond has warned that consumers will suffer if the industry is... READ MORE
No bubble despite ‘difficult affordability conditions’: Residex
by Staff Reporter • 25 Jun 2014
Australia’s property market has been tipped to avoid a bubble, despite most Australians having to spend more than 30... READ MORE
Lender grows mortgage business by 55pc
by Staff Reporter • 25 Jun 2014
One lender has announced plans to double its mortgage business after reporting a big increase in broker-referred... READ MORE
Report reveals where Australians put their salary
by Staff Reporter • 25 Jun 2014
Borrowers who are struggling to save a deposit are probably spending half their income on rent, utilities and... READ MORE
Major bank ramps up commission
by Alex Whitlock, Nick Bendel • 24 Jun 2014
In a shock announcement, first-year trail commission has been reintroduced by one of the big four banks.
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Bank cuts variable rates again
by Staff Reporter • 24 Jun 2014
One lender has announced a rate cut of 20 basis points less than two months after announcing a 25-point cut.
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CBA ‘ignored evidence of $100m fraud’: Fairfax
by Staff Reporter • 24 Jun 2014
Fairfax Media has reported that the Commonwealth Bank “repeatedly ignored evidence of an alleged $100 million fraud... READ MORE
Lender follows May rate cut with June cut
by Staff Reporter • 24 Jun 2014
Brokers have been offered “minimal costs at high-end LVRs” after one lender cut 10 basis points from one of its... READ MORE
Tech-savvy brokers ‘will ultimately win the day’
by Staff Reporter • 24 Jun 2014
Almost half of brokers say they’re unhappy with their current aggregator software platforms and one third would... READ MORE
Best holiday destinations for investment revealed
by Staff Reporter • 24 Jun 2014
Cessnock and Byron Bay are the surprise winners in a new report that reveals which top holiday destinations bring in... READ MORE
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