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Breaking News
McGrath slams ‘short-sighted’ foreign buyer tax
by Francesca Krakue • 4 Nov 2016
Real estate mogul John McGrath has called out “hefty” taxes on overseas buyers as “one of the most short-sighted...
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‘Smashed avocado’ generation could struggle to fund business
by Reporter • 4 Nov 2016
A decreasing rate of home ownership could lead to a “major transition” in how Australia’s small business sector...
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Consumer confidence losing momentum
by Reporter • 4 Nov 2016
Recent research has found that consumer confidence towards the economy and future finances remained soft in the week...
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Tim Brown to leave YBR
by James Mitchell • 3 Nov 2016
The chief executive of a major aggregator and head of lending at an ASX-listed mortgage group will step down from his...
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Brokers more likely to disrupt than be disrupted
by James Mitchell • 3 Nov 2016
A regional bank has busted five myths about digital disruption and mortgage broking, following the emergence of new...
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ASIC increases surveillance efforts
by Tim Stewart • 3 Nov 2016
The corporate regulator completed 1441 surveillance projects in 2015-2016, leading to 22 criminal convictions and 13...
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Broking boss says US election will have ‘massive consequences’
by James Mitchell • 3 Nov 2016
The head of a mortgage aggregator says the outcome of the US election is a potential “powder keg” for the global...
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Borrowers ‘losing patience’ with major banks
by Francesca Krakue • 3 Nov 2016
Fresh figures from a mortgage comparison site have revealed that the number of Australians refinancing their home loans...
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Capital city dwelling values reach ‘new record highs’
by Francesca Krakue • 3 Nov 2016
Recent research has found that dwelling values rose strongly across five of the eight capital cities in the quarter...
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Turnaround times to suffer in single EDR scheme
by James Mitchell • 2 Nov 2016
The Credit and Investments Ombudsman has slammed the big four banks and the Financial Ombudsman Service for calling for...
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Lender cuts rates by up to 45 basis points - Nov 2016
by James Mitchell • 2 Nov 2016
A non-major lender has announced fresh changes to its fixed-rate home loans.
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Investors drive rise in housing credit
by Reporter • 2 Nov 2016
New research has revealed that investor housing credit has been accelerating over the past six months and in September...
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Liberty appoints independent director
by James Mitchell • 2 Nov 2016
Non-bank lender Liberty has appointed senior executive and experienced director, Leona Murphy, to the board to support...
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RBA makes cash rate call - Nov 2016
by Francesca Krakue • 1 Nov 2016
The Reserve Bank of Australia has delivered the decision of its monthly board meeting.
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Former Aussie manager to run YBR mortgage business
by James Mitchell • 1 Nov 2016
Yellow Brick Road has today announced the appointment of a new general manager of lending for its branded branch...
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Australia’s number one broker revealed
by Reporter • 1 Nov 2016
The most successful mortgage broker in Australia has been revealed in The Adviser’s Elite Business Writers ranking...
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RBA likely to keep rates on hold today
by Reporter • 1 Nov 2016
A mortgage comparison site has tipped the Reserve Bank of Australia to leave the official cost of borrowing unchanged...
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Rising risk of mortgage defaults
by Tamikah Bretzke • 1 Nov 2016
The proportion of Australian residential mortgages that are more than 30 days in arrears has risen to “the highest...
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Median Sydney house prices now over $1.05m
by Reporter • 1 Nov 2016
The median asking price for homes in Sydney have surpassed the $1.05 million mark for the first time, new research has...
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Three more banks join online mortgage platform
by James Mitchell • 31 Oct 2016
A disruptive home loan platform that competes with brokers has signed up three new banks and will soon launch a new...
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New breed of lender could provide a lifeline for broker clients
by James Mitchell • 31 Oct 2016
A reduced appetite from the big banks to fund developers is creating a new breed of lender happy to work with brokers...
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Cup Day rate decision a ‘close call’
by James Mitchell • 31 Oct 2016
One leading economist says the Reserve Bank will likely hold rates steady at its monthly board meeting on Tuesday.
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Broking’s rising stars share their proudest achievements
by Francesca Krakue • 31 Oct 2016
Some of the industry’s most successful young brokers have discussed their biggest accomplishments and what they enjoy...
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New home sales increase for second consecutive month
by Reporter • 31 Oct 2016
The number of total seasonally-adjusted new home sales increased by 3.8 per cent to 7,749 in September 2016, the second...
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Brokers write $5bn more for major bank
by Reporter • 28 Oct 2016
Big four bank NAB saw its broker loan book reach $88.2 billion in the year to September 2016, increasing by almost $5...
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