• 01/05/2025

Category: Articles

Westpac trying to reduce sales through brokers

John Kehoe | AFR | 19 July, 2011 http://afr.com/p/business/financial_services/big_four_and_online_mortgages_threaten_Dhl4mp70EtLv659DfbpfvMING Direct, Australia’s fifth-largest home lender, has delivered a stern wake-up call to mortgage brokers, telling them to lift their game or risk becoming irrelevant. Lisa Claes,…

What to do if your client is in financial hardship

It was topical a few months ago that borrowers in financial hardship could ask for assistance from their home lender. A lot was in the papers but there was no substance how or what specific…

Proposed carbon tax weighs on property sector

Benjamin Preiss | SMH | 18 July, 2011 http://www.smh.com.au/business/proposed-carbon-tax-weighs-on-property-sector-20110717-1hk0e.html Uncertainty about a carbon tax, and messy state and federal government relations, are among the greatest problems facing the real estate sector, an industry forum has…

Home loan rise signals recovery

Home loan rise signals recovery AAP | SMH | 11 July, 2011 http://www.smh.com.au/business/home-loan-rise-signals-recovery-20110711-1h9rz.html A 4.4 per cent rise in home loans in May suggests the housing market is starting to pick up after the slowdown…

Calling Women to the Industry

Facebook COO Sheryl Sandberg looks at why a smaller percentage of women than men reach the top of their professions — and offers 3 powerful pieces of advice to women aiming for the top of…

Economic heat means interest rate rise is looming for home owners

http://www.news.com.au/money/interest-rates/consumer-price-index-rose-16pc-in-march-quarter/story-e6frfmn0-1226045561164 Australian Associated Press | April 27, 2011 Prices in Australia’s economy have been growing faster than expected, figures showed today, meaning the Reserve Bank is likely to be forced to lift interest rates sooner…

Australian banks lax on consumer credit, says report

http://www.theaustralian.com.au/business/banks-lax-on-consumer-credit-says-report/story-e6frg8zx-1226041194814 Scott Murdoch | The Australian | April 19, 2011 The major banks have been accused of lending too much to Australian consumers and underestimating the cost of living, which could lead to tighter lending…

Bank clients switch to mortgage brokers

http://www.theaustralian.com.au/business/industry-sectors/bank-clients-switch-to-mortgage-brokers/story-e6frg96f-1226038741289 Scott Murdoch | The Australian | April 14, 2011 A growing number of Australian bank customers are using a mortgage broker to secure a new home loan, as the major banks remain dominant in…

Affordability sees renters hit in capital cities

http://www.news.com.au/money/property/affordability-sees-renters-hit/story-e6frfmd0-1226035082007 Australian Associated Press | April 07, 2011 Renters continue to be squeezed as the deteriorating outlook for home affordability pushes up demand for rental properties. House rents increased in every capital city except for…

NAB’s curious battle with its cannibal

NAB’s curious battle with its cannibal Charis Palmer | Business Spectator | February 22, 2011 http://www.businessspectator.com.au/bs.nsf/Article/NAB-Ubank-mortgage-lending-banks-pd20110221-EAA94?OpenDocument&src=sph While National Australia Bank was busy grabbing headlines last week with its ‘break up’ campaign, its online offshoot UBank…

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