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Mutuals lift IO rates by up to 50 bps
by Lucy Dean • 2 Aug 2017
Teachers Mutual Bank and its subsidiaries have announced a raft of rate hikes to their interest-only offerings, with...READ MORE
ANZ responds to media reports on broker appetite
by Staff Reporter • 1 Aug 2017
The major bank has issued a statement in response to recent claims made by AFR columnist Christopher Joye that the... READ MORE
RBA makes official cash rate call - Aug 2017
by Reporter • 1 Aug 2017
The Reserve Bank of Australia has announced its official interest rate verdict for August following its monthly board... READ MORE
Westpac cracks down on borrower expenses
by Lucy Dean • 1 Aug 2017
Borrowers could be forced to wait for loan approval as a result of tightened expense-to-income ratio thresholds at... READ MORE
Opinion: Will this major bank cut out brokers?
by James Mitchell • 1 Aug 2017
New information has come to light about the future mortgage distribution strategy, including plans to reduce... READ MORE
Leading broker reveals how to boost your volumes
by Reporter • 1 Aug 2017
A top business writer has revealed how writing an extra three loans a month could help you go from writing $70 million... READ MORE
Brokerage on acquisition path following strong quarter
by James Mitchell • 1 Aug 2017
An ASX-listed diversified brokerage is on the hunt for acquisition opportunities after posting strong growth over the... READ MORE
NRL player’s ‘certain aura’ will help in broking career
by Lucy Dean • 31 Jul 2017
A former Manly Sea Eagles rugby player has been appointed as business development manager at Bell Partners Finance,... READ MORE
UBS: $200 fee is 'more reasonable' than broker commissions
by Reporter • 31 Jul 2017
Research analysts have suggested that reducing broker commissions, and instead paying a fee, would be “an obvious... READ MORE
CBA doubles waiting period for IO switch
by Lucy Dean • 28 Jul 2017
The waiting period for customers seeking to switch to an interest-only repayment method has doubled from 90 days to 180... READ MORE
In Memoriam: Henry James Cusack, 1988-2017
by Reporter • 28 Jul 2017
Henry Cusack, a mortgage broker and finance consultant at Bespoke Finance Group, was remembered at a memorial service... READ MORE
Rate spread to widen amid IO crackdown, says broker
by James Mitchell • 28 Jul 2017
A leading Sydney-based mortgage broker has explained how regulatory pressures to reduce interest-only lending... READ MORE
Connective brokers settle record amount in June
by Reporter • 28 Jul 2017
The major aggregator has revealed that its brokers settled a record amount of loans in June, surpassing the $4 billion... READ MORE
Non-bank launches loan tracking tool
by James Mitchell • 28 Jul 2017
One of Australia’s largest non-bank lenders has launched a new loan tracking app aimed at helping mortgage brokers... READ MORE
New LIXI CEO focuses on 'democratising' mortgage processing
by Reporter • 27 Jul 2017
Dr Shane Rigby, the new CEO of LIXI, reveals what the body has been up to since he stepped into the role left vacant by... READ MORE
Elite broker shares his top tips for success
by Reporter • 27 Jul 2017
Melbourne-based elite broker Josh Egan has revealed his top tips to success and how he made it through the crucial... READ MORE
‘Own the destination’: The key pillars of SEO
by Lucy Dean • 27 Jul 2017
Brokers looking to improve their search engine ranking should adhere to this digital marketing catchphrase: “share... READ MORE
Westpac group changes rates
by Reporter • 27 Jul 2017
A big four bank and its subsidiaries have changed interest rates on a range of loans for both owner-occupiers and... READ MORE
‘Everybody’ needs a mentor: FBAA
by Lucy Dean • 27 Jul 2017
There is a “greater need” for mentoring and business coaching within the broking industry, the Finance Brokers... READ MORE
Major bank hikes investor rates by 31 basis points
by Lucy Dean • 26 Jul 2017
A big four bank has introduced changes to interest rates on both principal and interest and interest-only... READ MORE
Bank refunds over $230k in overcharged interest
by Reporter • 26 Jul 2017
A Tasmanian bank has refunded over $230,000 in overcharged interest and fees to more than 1,040 customers with mortgage... READ MORE
‘Disingenuous’: Former bank exec questions back book repricing
by James Mitchell • 26 Jul 2017
A former major bank executive says lifting rates for existing interest-only borrowers has little to do with the... READ MORE
Why this elite broker offers budgeting advice
by Reporter • 26 Jul 2017
A WA-based broker and elite business writer reveals how offering financial advice and a budgeting service has helped... READ MORE
CommSec founder buys into HashChing, joins board
by Staff reporter • 25 Jul 2017
CommSec founder Paul Rickard has joined the advisory board of online mortgage marketplace HashChing and formed part of... READ MORE
Broker applauds China innovation partnership, warns against ‘red...
by Lucy Dean • 25 Jul 2017
A commercial broker has lauded Austrade’s innovation partnership with China, but warns against adding “red tape”... READ MORE
Dalton says ‘flat fee’ model could hurt consumers
by James Mitchell • 25 Jul 2017
Mortgage industry figure Kym Dalton has outlined a number of issues with the proposed flat-fee broker remuneration... READ MORE
Property developer and strip-club owner charged with fraud
by Lucy Dean • 24 Jul 2017
A property developer and operator of Hobart’s Men’s Galley and Launceston’s Show Girls has been charged with... READ MORE
Bankwest to lift rates for existing borrowers
by James Mitchell • 24 Jul 2017
The major bank subsidiary has announced significant changes to its home loan rates as it looks to “balance the needs... READ MORE
Why ongoing performance review is critical
by Lucy Dean • 24 Jul 2017
An ongoing review process can mitigate “oodles of worry and stress,” but all players need to be accountable, a... READ MORE
ASIC permanently bans former finance analyst
by Lucy Dean • 24 Jul 2017
The Australian Securities and Investments Commission has permanently banned a former finance analyst convicted of... READ MORE
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