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Gen Y prime target for brokers: report
by Staff Reporter • 11 Sep 2009
Generation Y borrowers are more likely to use a mortgage broker than any other market segment for advice and support, a...READ MORE
A third of brokers not prepared for legislation
by Staff Reporter • 10 Sep 2009
With the implementation of the National Consumer Credit Protection legislation drawing ever closer, as much as a third... READ MORE
Banks may increase variable rates independent of RBA
by Staff Reporter • 10 Sep 2009
Variable interest rates may rise by 0.15 per cent before the RBA lifts its cash rate, a new study has warned.
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Housing market healthy: HIA
by Staff Reporter • 10 Sep 2009
The level of new home lending remained very healthy in July 2009, according to data from the Australian Bureau of... READ MORE
Consumer confidence surges
by Staff Reporter • 10 Sep 2009
Consumer confidence has hit its highest level since July 2007 – a positive for the economy but a further indication... READ MORE
RAMS goes paperless
by Staff Reporter • 10 Sep 2009
In a bid to improve processing capabilities and sluggish turnaround times, RAMS Home Loans has yesterday implemented a... READ MORE
Business confidence climbs to 6 yr high
by Staff Reporter • 9 Sep 2009
Business confidence continues to climb steadily – a further sign that brokers can expect activity to improve over the... READ MORE
Borrowing activity rises
by Staff Reporter • 9 Sep 2009
Data from the Australian Bureau of Statistics found 143,292 loans were recorded in the June quarter, 20 per cent more... READ MORE
FAST broadens panel offering
by Staff Reporter • 9 Sep 2009
Aggregation group FAST has added a mortgage protection insurance provider to its panel.
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MFAA culls 1,500 under-qualified brokers
by Staff Reporter • 9 Sep 2009
The MFAA has taken a hard line with brokers that have failed to complete their Certificate IV in Financial Services,... READ MORE
Investors could lead charge on house price boom
by Staff Reporter • 8 Sep 2009
Cashed up superannuation investors could lead Australia into another rampant house price boom.
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AFM boosts commercial capabilities
by Staff Reporter • 8 Sep 2009
Commercial brokers have a new source of funding via Australian First Mortgage (AFM) with the mortgage manager now... READ MORE
New aggregator to focus on quality
by Staff Reporter • 8 Sep 2009
Mortgage broking company Niche Lending has launched a new aggregation group, Niche Professional Services, which it... READ MORE
Job ads up in August
by Staff Reporter • 8 Sep 2009
An increase in job advertising last month is further evidence for brokers that the Australian economy is on the road to... READ MORE
Macquarie breaks silence on aggregation speculation
by Staff Reporter • 8 Sep 2009
After months of industry rumblings, Macquarie Bank has broken its silence on its intentions to re-enter the mortgage... READ MORE
Bankwest launches capped mortgage product
by Staff Reporter • 8 Sep 2009
In a move that Bankwest believes will shake up competition in the mortgage market, Bankwest has today unveiled plans to... READ MORE
Interest rates to hit 5 per cent before 2011
by Staff Reporter • 7 Sep 2009
The official cash rate will hit 5 per cent before the end of 2010, according to a report from AMP Capital.
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No merger for Specialist Mortgage
by Staff Reporter • 7 Sep 2009
Contrary to media reports Specialist Mortgage is not one of the four groups that will be joined in a Macquarie Bank... READ MORE
ACCC seeks broker opinion on NAB/Challenger deal
by Staff Reporter • 7 Sep 2009
The Australian Consumer Competition Commission wants to know what the non-bank mortgage market thinks of the National... READ MORE
Auction results climb higher as spring season starts
by Staff Reporter • 7 Sep 2009
The traditional spring auction season is off to a strong start with Sydney, Adelaide and Melbourne all achieving... READ MORE
Credit unions hit back at ‘big four’ dominance claims
by Staff Reporter • 4 Sep 2009
Credit unions and building societies want to clarify the data released by the Australian Prudential Regulation... READ MORE
ANZ eyes mortgage market share increase
by Staff Reporter • 4 Sep 2009
ANZ is said to be gearing up for a push in the residential mortgage market.
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OECD predicts early economic recovery
by Staff Reporter • 4 Sep 2009
The Organisation of Economic Cooperation and Development (OECD) has predicted an early recovery for the world... READ MORE
Pain ahead for leveraged borrowers
by Staff Reporter • 4 Sep 2009
Loan Market Group has claimed that almost 20 per cent of Australians would not be able to afford higher loan repayments... READ MORE
Macquarie to break into aggregation
by Staff Reporter • 3 Sep 2009
Speculation is mounting that Macquarie Bank may soon be back in the Australian home loan market.
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Govt guarantees to remain
by Staff Reporter • 3 Sep 2009
The federal government has said it will leave its bank deposit guarantee in place for another three years.
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Delinquency rate falls
by Staff Reporter • 3 Sep 2009
In a sign that the Australian economy is beginning to stabilise, the nation’s delinquency rate has fallen from 10.39... READ MORE
Trade-up buyers re-enter mortgage market: AFG
by Staff Reporter • 3 Sep 2009
Property owners looking to up-grade their family homes are returning to the market after six months of relative... READ MORE
ASIC shakes up lending obligations
by Staff Reporter • 3 Sep 2009
Banks, advisors and brokers will have to assess whether or not a product is suitable before providing the credit... READ MORE
ME Bank to break into RMBS market
by Staff Reporter • 2 Sep 2009
ME Bank is set to become the first lender to re-enter the residential mortgage backed securities market without... READ MORE
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