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Breaking News
ANZ home loans business keeps growing
by Nick Bendel • 18 Aug 2014
ANZ has reported strong loan growth and increased profit in its latest trading update.
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Australians wary about buying now
by Vivienne Kelly • 18 Aug 2014
Despite booming investor activity in property markets across the country, an increasing number of people believe the...
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Surprise data: affordable inner-city housing exists
by Staff Reporter • 18 Aug 2014
Affordable inner-city housing can still be found in all capital cities except Sydney, although time may be running out,...
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MyState hires another ex-Westpac mortgage executive
by Staff Reporter • 18 Aug 2014
MyState has announced the appointment of Huw Bough, six weeks after hiring another former Westpac executive, Melos...
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More bad news for creditors in $11.5m brokerage collapse
by Nick Bendel • 15 Aug 2014
Creditors of an insolvent mortgage and financial services group are facing a multimillion-dollar haircut, as the...
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No new regulation needed for mortgage broking: Labor Party
by Nick Bendel • 15 Aug 2014
The federal Labor Opposition has endorsed existing consumer protections but would consider new regulation if it saw...
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Teaser rates are ‘tricky marketing’, says lender
by Staff Reporter • 15 Aug 2014
One lender has hit out at “tricky marketing” by rivals that could potentially lead to borrowers paying more than...
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Aussie Home Loans partners with Virgin
by Staff Reporter • 15 Aug 2014
Aussie Home Loans clients can earn free overseas travel when they take out mortgages under a new partnership with...
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La Trobe pays bonus to AFG brokers
by Staff Reporter • 15 Aug 2014
AFG brokers will receive a bonus upfront payment from La Trobe Financial after reaching their annual volume targets.
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Citibank offers brokers 4.65pc variable rate
by Staff Reporter • 14 Aug 2014
Citibank has unveiled a 4.65 per cent variable rate for deals that exceed $750,000 with a maximum LVR of 80 per cent.
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Broker loans jump 8.7pc as CBA posts $8.6bn profit
by Nick Bendel • 14 Aug 2014
Commonwealth Bank has told brokers it will continue investing in end-to-end loan processing, with brokers increasing...
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Suncorp lending impacted by ‘intensely competitive mortgage...
by Nick Bendel • 14 Aug 2014
Suncorp Group has delivered a modest profit while acknowledging that its mortgage business has performed below target.
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Homebuilding market ‘strong’ but set to decline
by Staff Reporter • 14 Aug 2014
Homebuilding has been forecast to fall by 7.8 per cent during the next two years while renovation activity is expected...
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Gen Y less worried about debt than older generation
by Staff Reporter • 14 Aug 2014
New research shows that younger Australians are more disposed to accumulating debt than previous generations.
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Aussie Home Loans chief executive resigns
by Staff Reporter • 13 Aug 2014
Aussie Home Loans has announced the resignation of chief executive Ian Corfield after just over one year with the...
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Brokers reveal data on Gen Y clients
by Huntley Mitchell • 13 Aug 2014
About half of brokers believe the biggest issue facing their under-35 clients is the ability to save for a deposit.
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Aggregator pleased with 2013/2014 results
by Staff Reporter • 13 Aug 2014
National Mortgage Brokers has reported a “fairly solid” result for 2013/2014, which also included a monthly...
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Sydney property prices continue to defy gravity
by Staff Reporter • 13 Aug 2014
Sydney property prices have raised the national average to such an extent that every other capital city has recorded...
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Bluestone makes key hire to help growth plans
by Staff Reporter • 13 Aug 2014
Bluestone has hired a former NAB Broker regional manager as it looks to continue expanding following its return to the...
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MFAA reforms will allow members to elect board
by Nick Bendel • 12 Aug 2014
MFAA members will directly elect their board under new rules, although the board itself will choose Phil Naylor’s...
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ANZ follows other big four banks in cutting five-year rates
by Nick Bendel • 12 Aug 2014
All four majors now offer five-year fixed rates under five per cent after ANZ cut its rates.
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La Trobe Financial cuts rates by 139 points
by Staff Reporter • 12 Aug 2014
La Trobe Financial has reduced its rates by up to 139 basis points and also introduced a clearer pricing policy.
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Bendigo & Adelaide Bank grows broker income by 8.8pc
by Nick Bendel • 12 Aug 2014
Bendigo & Adelaide Bank has reported growth in its third-party business, although first home buyers’ share of...
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Renovations trend may be distorting property market
by Staff Reporter • 12 Aug 2014
Renovations may be good news for builders but they’re bad news for first home buyers, according to one lender.
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New lenders ‘very interested’ in broker channel: Haron
by Nick Bendel • 11 Aug 2014
Connective director Mark Haron has told brokers they can expect more lenders to follow Bank of Sydney into the...
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