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Cash rate tipped to remain on hold
by Reporter • 2 Jun 2015
Experts unanimously agree that the Reserve Bank of Australia will leave the cash rate on hold at today’s monthly...READ MORE
Westpac finance manager faces fraud charges
by Reporter • 1 Jun 2015
David St Pierre, a former home finance manager at Westpac, has appeared in the Southport Magistrates Court facing... READ MORE
Broker-planner JVs on the rise, says aggregator
by • 1 Jun 2015
New business structures are being formed between mortgage brokerages and financial planning firms in place of... READ MORE
Property transfers increasingly moving online
by Reporter • 1 Jun 2015
Faster settlements will soon be available to more Australians, with the country’s new electronic conveyancing network... READ MORE
Concerned consumers paying off debt faster
by Reporter • 1 Jun 2015
New data by Mortgage Choice reveals the majority of Australians are worried about their financial situation.
READ MORE
Loyal brokers tipped to benefit from APRA investment focus
by reporter • 29 May 2015
As Australia’s banks continue to tighten their lending policies for the investor market, a prominent broker believes... READ MORE
Banks to pay up to $6m each to fund regulator
by Reporter • 29 May 2015
APRA has revealed it will pay particular attention to housing lending standards next financial year as discussions... READ MORE
Calls for federal housing minister grow louder
by Reporter • 29 May 2015
A mortgage broking association has urged the appointment of a federal housing minister, which it says will help make... READ MORE
Coastal communities post impressive capital gains
by Reporter • 29 May 2015
House prices in key regional centres are growing at rates that would make some capital cities envious.
READ MORE
Suncorp Bank cuts rates to 4.15pc
by Reporter • 28 May 2015
Suncorp Bank’s standard variable and three-year rates now start from 4.15 per cent following cuts of up to 34 basis... READ MORE
Bank changes name, unveils new products
by Nick Bendel • 28 May 2015
One lender has made massive changes, with a new name, new home loans and new fixed-rate options.
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Economist pours water on housing tax idea
by Lara Bullock • 28 May 2015
A new investment tax measure designed to cool the red-hot Auckland market isn’t the answer to slowing the Sydney... READ MORE
Lender completes $1bn RMBS deal
by Reporter • 28 May 2015
One non-bank lender has completed a major Australian residential mortgage-backed securities (RMBS) deal, with the help... READ MORE
ACCC voices ‘widespread concerns’ about credit repair firms
by Nick Bendel • 27 May 2015
Credit repair companies regularly mislead and exploit vulnerable consumers, according to a regulator’s... READ MORE
Mortgage group unveils record low rate
by Nick Bendel • 27 May 2015
LJ Hooker Home Loans has made a cut of 35 basis points to its white-label product.
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Central bank tightens investor LVRs
by Nick Bendel • 27 May 2015
Australian regulators could be keeping a close eye on New Zealand after new investor rules were introduced by its... READ MORE
Another federal housing inquiry gets underway
by Reporter • 27 May 2015
Australia’s parliament has launched an inquiry into home ownership in a sign that affordability remains a key... READ MORE
Sydney broker pleads guilty to $7m fraud
by Reporter • 26 May 2015
A former Aussie Home Loans broker has pleaded guilty to three fraud charges brought by ASIC.
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Broker faces court for alleged $12m fraud
by Reporter • 26 May 2015
A mortgage broker has appeared in court after ASIC alleged he operated a Ponzi scheme.
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Westpac poaches leading CBA third-party executive
by Reporter • 26 May 2015
Former Commonwealth Bank executive Lyn Cobley has been appointed Westpac Institutional Bank’s new group... READ MORE
Bank working weekends to fix turnarounds
by Nick Bendel • 26 May 2015
ME Bank has been working extended hours to get turnarounds back on track after its 3.99 per cent rate contributed to a... READ MORE
RBA report highlights credit risks
by Reporter • 26 May 2015
A new report by the Reserve Bank of Australia has warned that rising unemployment and household indebtedness could have... READ MORE
MFAA relocation means ‘increased productivity’
by Huntley Mitchell • 26 May 2015
The MFAA is now closer to industry firms and is offering brokers hot desk facilities since its recent move to pricier... READ MORE
Economy has flatlined, survey reveals
by Reporter • 26 May 2015
Property and finance are two of the bright spots in an otherwise sluggish economy, a new business survey has... READ MORE
ASIC forces bank to change lending practices
by Staff Reporter • 25 May 2015
Bank of Queensland has changed its lending practices following concern from ASIC about the way it assessed applications... READ MORE
Bankwest appoints new broker head
by Reporter • 25 May 2015
Bankwest has announced the appointment of Stewart Saunders as it general manager of broker sales for its retail... READ MORE
Nation's largest lender under margin pressure
by James Mitchell • 25 May 2015
A report on Australia’s biggest bank has found it will face ongoing margin pressure after its quarterly trading... READ MORE
AFG snares real estate-backed mortgage group
by Reporter • 25 May 2015
Australia’s largest aggregator has partnered with a new brokerage that expects to be represented in all states and... READ MORE
Scottish Pacific offers new SME opportunity
by Reporter • 25 May 2015
Scottish Pacific has extended funding options for Australia and New Zealand SMEs after announcing it will now offer... READ MORE
Sydney market poised for downturn
by Nick Bendel • 22 May 2015
Overcrowding concerns and declining investor demand could cause Sydney price growth to plummet to just one-fifth of its... READ MORE
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