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Breaking News
Industry body replaces ‘ineffective and clumsy’ website
by Huntley Mitchell • 22 Jan 2015
The MFAA has unveiled a new website and begun a soft launch of new member database and events management systems.
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Speculation grows ahead of February 3 rates decision
by Staff Reporter • 22 Jan 2015
Another economist has had his say on whether the Reserve Bank of Australia will reduce interest rates at its upcoming...
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House building activity declines for first time in 16 months
by Nick Bendel • 22 Jan 2015
Economists expect a healthy supply of new homes this year despite a fall in construction activity at the end of 2014.
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Firstfolio turnaround strategy continues
by Nick Bendel • 21 Jan 2015
Firstfolio has followed its recent lead generation deal and technology rollout with a restructure of its leadership...
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Industry bodies set big goals for 2015
by Nick Bendel • 21 Jan 2015
Brokers have been told to expect a new strategic plan from the MFAA and the recruitment of at least 500 student members...
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AFG brokers make big move to smaller banks
by Nick Bendel • 21 Jan 2015
New data has revealed that non-major banks experienced a big jump in market share in 2014, with three in particular...
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New Veda data hints at possible downturn
by Staff Reporter • 21 Jan 2015
Credit demand has shown negligible growth over the past year, while mortgage application growth has now slowed for four...
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Building society announces name change
by Staff Reporter • 21 Jan 2015
Wide Bay Australia shareholders have approved a change of name to Auswide Bank at a general meeting.
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Brokers urged to stop talking about rates
by Nick Bendel • 20 Jan 2015
The mortgage broking industry has made the mistake of selling itself on cheaper rates rather than stress management,...
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Growing lender makes another key appointment
by Staff Reporter • 20 Jan 2015
MyState has turned to a former St George Bank broking executive to lead its mortgage broking business.
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Sydney firm continues making big-dollar donations
by Nick Bendel • 20 Jan 2015
Prominent brokerage 1st Street Home Loans has chosen 12 different charities to share in its profits this year.
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Fixed rates falling faster than variable rates
by Nick Bendel • 20 Jan 2015
Interest rates are continuing to trend downwards, with non-majors leading the way, new research has found.
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How to save $50K on your mortgage: ASIC
by Staff Reporter • 20 Jan 2015
Borrowers have been urged to pay off their mortgage early, get their debts under control and broaden their knowledge of...
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Aggregator reveals how to detect mortgage fraud
by Staff Reporter • 19 Jan 2015
Brokers might be surprised to learn "how easily they can spot anomalies once they know what to look for" in loan...
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ME Bank lures borrowers with $1,000 rebate
by Nick Bendel • 19 Jan 2015
ME Bank has pledged to “aggressively grow our home loan sales” through brokers after unveiling its second big piece...
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Rate cuts coming, say three of the big four banks
by Nick Bendel • 19 Jan 2015
ANZ has become the latest bank to predict that interest rate cuts are just around the corner.
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New mortgage franchise continues expanding
by Staff Reporter • 19 Jan 2015
Nectar Mortgages has expanded into Western Australia and will soon be represented in six states and territories.
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New home starts hit all-time high
by Staff Reporter • 19 Jan 2015
Total dwelling commencements jumped 26.4 per cent over the year to reach record levels in the September 2014 quarter.
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ME Bank makes 'aggressive' 25-point interest rate cut
by Nick Bendel • 16 Jan 2015
ME Bank has undercut the market by slashing its five-year fixed rate from 4.94 per cent to 4.69 per cent.
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I will keep defending brokers: Siobhan Hayden
by Huntley Mitchell • 16 Jan 2015
The MFAA has said it will continue to hold the media accountable after it announced it had received an apology from The...
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Bank scraps financial advice certificate in SMSF lending
by James Mitchell • 16 Jan 2015
St George Bank has revealed new system enhancements to its SMSF products, including the removal of a financial advice...
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Bad news for investors as rental market slows
by Staff Reporter • 16 Jan 2015
Property values may be rising, but rental growth has slumped to its lowest annual rate in more than a decade.
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Real estate franchise plans big expansion of broker business
by Nick Bendel, Huntley Mitchell • 15 Jan 2015
McGrath Estate Agents has revealed there are large revenue streams waiting to be tapped by its broking arm, Oxygen Home...
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Former Citi exec to manage half of St George broker business
by James Mitchell • 15 Jan 2015
St George's latest recruit will be in charge of half of the bank's broker-originated business when he commences his new...
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Aussie beats previous settlements record by 10pc
by Staff Reporter • 15 Jan 2015
Aussie Home Loans is on track for its biggest-ever year after posting a new monthly settlements record.
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