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Breaking News
Rise in price caps a ‘little tight’ for some regions
by Kate Aubrey and Sarah Simpkins • 20 Apr 2022
Victorian broker Matt Turner welcomes the government’s announcement to raise the price caps for Home Guarantee, but...
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MoneyQuest welcomes Mimi Jawad to the team
by • 20 Apr 2022
Former NSW partnership manager for FAST, Mimi Jawad joins MoneyQuest as the group’s state manager for NSW and...
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Ex-broker escapes conviction for false statement
by • 20 Apr 2022
A former NSW-based broker has walked away from jail time after filing a false credit licence annual compliance...
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Joust introduces supplier sign-up portal
by • 20 Apr 2022
The home loan fintech has said this digital offering is partly intended as a means to simplify the sign-up process for...
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BOQ’s broker-lodged loans jump 39%
by • 19 Apr 2022
The non-major bank has said the channel’s 2022 financial year growth is partly the result of the recalibration of...
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Nodifi hires Qld, NT BDM
by Sarah Simpkins • 19 Apr 2022
The asset finance marketplace has responded to higher demand from Queensland and the Northern Territory by recruiting a...
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MFAA takes discharge issue to Treasury
by Annie Kane • 18 Apr 2022
The broker association has flagged the issue of retention teams undercutting offers at the last minute, and the long...
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FBAA slams lenders for ‘grubby’ discharge tactics
by Annie Kane • 15 Apr 2022
The undercutting practice demonstrated by some lender discharge teams is “grubby”, “ludicrous” and “narrow...
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Brokers warn of rising channel conflict behaviours
by Annie Kane • 14 Apr 2022
Discounted interest rates and cashback incentives are being increasingly used by lenders to retain refinancing clients,...
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Fixed-rate volumes plunging: AFG
by Reporter • 14 Apr 2022
AFG brokers saw fixed rate home loan volumes drop to their lowest level in two years over the March quarter.
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Great Southern Bank joins SFG lender panel
by Sarah Simpkins • 14 Apr 2022
The bank has signed a new partnership with Specialist Finance Group (SFG), as it bids to double its network of...
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SME lender appoints first head of growth
by Annie Kane • 14 Apr 2022
Business lender Earlypay has welcomed its inaugural head of growth to help boost revenue growth and increase client and...
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Hit to home owners should curb rate hikes: AMP
by Sarah Simpkins • 13 Apr 2022
The impact to home owners’ wealth from tumbling property prices should limit how much the Reserve Bank jacks up...
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What platforms do brokers use to be more efficient?
by Reporter • 13 Apr 2022
Automation, synchronised databases and remote VPNs are among the tech brokers have said make their lives easier.
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Calls for housing reforms ahead of election
by Juliet Helmke • 13 Apr 2022
As the date has been set for the federal election, players in the real estate and housing industries have outlined...
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Home buyers face accelerated construction costs
by Reporter • 13 Apr 2022
National residential construction costs rose by 9 per cent over the year to March, the highest annual growth recorded...
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Melbourne and Sydney suburbs at forefront of value declines
by reporter • 12 Apr 2022
The top-end and inner-city suburbs of Australia’s most populous cities are seeing a slip in values, new CoreLogic...
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Foreign investor fined $250k for unauthorised property purchases
by Juliet Helmke • 12 Apr 2022
A property investor has become the first person to be issued with a penalty for breaching of Australia’s foreign...
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Borrowers at risk if inflation eats at wages: RBA
by Sarah Simpkins • 11 Apr 2022
The majority of mortgage holders are expected to weather looming rate rises, but the Reserve Bank has issued warnings...
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Pepper Money launches ‘Broker Shout Out’ campaign
by Annie Kane • 11 Apr 2022
The non-bank lender is asking brokers to nominate industry representatives that have “made a real-life difference to...
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72% of future FHBs expect to use government assistance
by Annie Kane • 11 Apr 2022
Nearly three-quarters of future home buyers expect to rely on government schemes and financial support, according to...
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HomeBuilder has mixed consequences: AHURI
by Sarah Simpkins • 11 Apr 2022
The housing measure provided positives in the short term, but a new report has warned it escalated prices and placed...
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BankVic trials mortgage broker distribution
by Annie Kane • 8 Apr 2022
Police, government, health, nursing and emergency services staff will be able to access BankVic mortgages via the...
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New outsourcing provider launches for brokers
by Annie Kane • 8 Apr 2022
The Prime Minister of Fiji has officially opened a new outsourcing provider for the broking industry established by...
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‘Can’t get to everything’: ASIC pressed on dismissed complaints
by Sarah Simpkins • 8 Apr 2022
The regulator has been grilled on why it decided to pursue no further action for 65 per cent of reports of misconduct...
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