• 04/05/2025

Category: Articles

The “essential component” of broker businesses

The “essential component” of broker businesses

https://www.brokernews.com.au/news/breaking-news/the-essential-component-of-broker-businesses-268549.aspx Madison Utley| Broker News| 2 December 2019 The managing director of an award-winning aggregation group has encouraged brokers to fully embrace and invest in their marketing, as it is an “essential component” of running…

House price surge could force new tightening

https://www.afr.com/property/residential/house-price-surge-could-force-new-tightening-20191202-p53g4c Ingrid Fuary-Wagner| Australian Financial Review| 3 December 2019 Economists warn that Australia’s banking regulators will be pressured into introducing a new round of macroprudential tightening measures if the strong and swift surge in house…

Housing finance up 15pc – but will it continue?

Housing finance up 15pc – but will it continue?

Housing finance increased steadily by another 1.3 per cent in September – taking growth since May to 15 per cent. Already, market commentators are predicting that Sydney and Melbourne will hit record highs in April…

Brokers continue to dazzle

Brokers continue to dazzle

Madison Utley| Australian Broker| 11 November 2019 https://www.brokernews.com.au/news/breaking-news/brokers-continue-to-dazzle-268027.aspx In its first year of operation, just 0.35% of the complaints lodged with the Australian Financial Complaints Authority (AFCA) were related to mortgage brokers. From 1 Nov…

Rates heading to 0.25% despite ‘upbeat’ RBA

Rates heading to 0.25% despite ‘upbeat’ RBA

Mortgage Business| 7 November 2019 https://www.mortgagebusiness.com.au/breaking-news/13974-rates-still-heading-to-0-25-despite-upbeat-rba-rhetoric he Reserve Bank remains on track to cut the cash rate twice in the coming months, despite singing a “more upbeat” tune in its statement on monetary policy, according…

Aussie property prices set to break record highs by start of next year

Aussie property prices set to break record highs by start of next year

Jack Derwin| Australian Financial Review| 8 November 2019 https://www.afr.com/property/residential/aussie-property-prices-set-to-break-record-highs-by-start-of-next-year-20191108-p538l9 Property prices are soaring in Australia like it’s 2015. That may be welcome news for investors, but it’s bound to startle wannabe first home buyers. Not…

Upswing in Australian housing finance approvals continues in September

Upswing in Australian housing finance approvals continues in September

James Foster| Macro View| 7 November 2019 http://jamesfostermacro.blogspot.com/2019/11/upswing-in-australian-housing-finance.html The upswing in Australian housing finance owner-occupier approvals continued at pace in September rising by a sharp 3.6% on the month. On aggregate, the value of lending commitments…

Reserve Bank Research: Competition Forces Banks to Reduce Rates

Reserve Bank Research: Competition Forces Banks to Reduce Rates

Reserve Bank analysis shows that more Australians are getting a better deal on their home loans, despite banks being under fire for not passing on interest rates in full. That is because lenders are forced…

First home buyer scheme advances to next step

First home buyer scheme advances to next step

Madison Utley| Australian Broker| 15 October 2019 https://www.brokernews.com.au/news/breaking-news/first-home-buyer-scheme-advances-to-next-step-267272.aspx The Senate has passed the legislation that will move the First Home Loan Deposit Scheme closer to becoming a reality.   The passage of the bill, originally introduced…

This is how much you can save by switching loans to a smaller lender

This is how much you can save by switching loans to a smaller lender

Mike Bruce| The New Daily| 15 October https://thenewdaily.com.au/money/your-budget/2019/10/15/how-much-you-can-save-switching-loans/ Switching a mortgage from one of the big four banks to the lowest rate on the market will save almost $85,000 over the life of a $400,000…

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