Breaking News
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.
READ MORELoan 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.
READ MOREAdelaide 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.
READ MOREYellow 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
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.
READ MORETech 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

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