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Bendigo Bank raises investor home loan rates

by Reporter • 27 Aug 2015
Bendigo Bank has announced it will increase its residential investment standard variable interest rate by 20 basis...READ MORE

APRA boss warns broker-originated loans are ‘higher risk’

by James Mitchell • 27 Aug 2015
APRA chairman Wayne Byres has made damning remarks about the quality of loans originated via the third-party channel in... READ MORE

Top broker sees impact of market changes

by James Mitchell • 27 Aug 2015
Aussie Parramatta franchisee Ross Le Quesne says some of his clients have started to feel the weight of APRA’s... READ MORE

Residential construction bolstering Australian economy

by Nick Bendel • 27 Aug 2015
Homebuilding increased significantly over the previous financial year, despite a sharp drop over the final... READ MORE

Regulator drafts new real estate rules

by Nick Bendel • 27 Aug 2015
ASIC has invited agents to offer feedback on changes it wants to make to two class orders involving the real estate... READ MORE

Real estate body backs foreign investment reforms

by Huntley Mitchell • 27 Aug 2015
The Real Estate Institute of New South Wales (REINSW) says the new foreign investment legislation introduced by the... READ MORE

Ex-Aussie chief reveals big plans for broker channel

by Huntley Mitchell • 26 Aug 2015
Former Aussie Home Loans CEO Stephen Porges has told The Adviser why brokers are perfectly positioned to capitalise on... READ MORE

Brokers drive SME lending for NAB

by James Mitchell & Huntley Mitchell • 26 Aug 2015
As it prepares to roll out a new small business offering to brokers across the country, NAB has acknowledged the huge... READ MORE

Risk advisers should consider broking, says business coach

by Scott Hodder • 26 Aug 2015
A business consultant has suggested that young risk advisers take up mortgage broking as a way to drum up more business... READ MORE

Customers paying price for bank losses: FBAA

by Reporter • 26 Aug 2015
The FBAA has called for a reduction in credit card rates, labelling customers as the innocent victims of big banks... READ MORE

Regulator cancels credit licence of Queensland group

by James Mitchell • 25 Aug 2015

ASIC has cancelled the ACL of a Queensland-based credit provider.

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Homeloans cuts rates by 30 basis points

by James Mitchell • 25 Aug 2015

Homeloans has slashed rates on its prime home loan products by up to 30 basis points.

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MyState credits brokers for loan growth

by Emma Ryan & Huntley Mitchell • 25 Aug 2015
Increased efforts to engage with brokers have been cited by MyState for helping it achieve strong growth in its loan... READ MORE

WA bank plans east-coast expansion

by • 25 Aug 2015
Strong growth in lending activity is encouraging a small regional bank to expand interstate, relying solely on the... READ MORE

AFM appoints regional manager

by Huntley Mitchell • 25 Aug 2015
Australian First Mortgage (AFM) has recognised the need to bolster its sales team since its merger with non-bank lender... READ MORE

MFAA celebrates win over proposed PI changes

by Reporter • 25 Aug 2015
The MFAA is rejoicing for its members after receiving confirmation that the proposed legislative changes to... READ MORE

NAB strives for ‘next level’ in mortgage settlements

by Huntley Mitchell & Adam Zuchetti • 24 Aug 2015
Brokers will soon notice changes to the mortgage settlement process at NAB, as it focuses on the “fulfilment” of... READ MORE

Third-party veteran joins property group

by James Mitchell • 24 Aug 2015
The former chief executive of a major brokerage has announced his new role on the board of a burgeoning property... READ MORE

SMSF lending uncertainty impacting brokers' activity

by Miranda Brownlee & Huntley Mitchell • 24 Aug 2015
The uncertainty of SMSF lending following David Murray’s recommendation to ban it in the Financial System Inquiry has... READ MORE

Brokers access education on investment advice

by • 24 Aug 2015
A new accredited training program will launch tomorrow, aiming to educate brokers on how best to advise and support... READ MORE

Economic outlook downbeat in July

by Reporter • 24 Aug 2015
Australia’s economic outlook continues to be “mixed and patchy”, according to the latest monthly business survey... READ MORE

Broker commissions on regulator’s radar

by James Mitchell • 21 Aug 2015
The corporate watchdog has identified the possibility that brokers could be driven by commission to recommend bigger... READ MORE

Westpac announces $1,000 cashback offer for borrowers

by Huntley Mitchell • 21 Aug 2015
Westpac has launched a home loan rebate campaign for one of its products to coincide with celebrations for the Chinese... READ MORE

Industry bodies clash over proposed PI changes

by Emma Ryan • 21 Aug 2015

The MFAA and FBAA appear divided over proposed legislative changes to professional indemnity insurance.

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AMP planners write one in four mortgages

by James Mitchell • 21 Aug 2015
AMP Bank says its financial advisers were responsible for 24 per cent of all home loans written in the six months to 30... READ MORE

Mortgage Choice loan book approaches $50 billion

by James Mitchell • 21 Aug 2015
Listed brokerage Mortgage Choice has seen record settlement volumes in the 12 months to 30 June with settlements... READ MORE

Brokers on notice following ASIC lending probe

by James Mitchell • 20 Aug 2015
ASIC has warned brokers to review their practices after an investigation found a majority of interest-only home loans... READ MORE

Government takes aim at brokers and agents

by Nick Bendel • 20 Aug 2015
Mortgage brokers and real estate agents who help overseas buyers flout foreign investment rules will face severe... READ MORE

Macquarie says brokers driving revenue from social media

by Huntley Mitchell • 20 Aug 2015
A new report by Macquarie Bank has found mortgage brokers are increasingly leveraging social media to generate leads,... READ MORE

New broker sets record for Loan Market

by Reporter • 20 Aug 2015
A new-to-industry broker has graduated from Loan Market’s mentoring program in record time after writing $12 million... READ MORE
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