Mortgage News for Industry Professionals | Australian Broker News
WEBAUSTRALIAN BROKER TALK. Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
Domain releases report on Australian property market
WEBHouses in the most expensive cities which are Sydney, Canberra, and Melbourne, had respective profits of $655,000, $435,000 and $397,000. For units, Sydney, Hobart, and Adelaide take the lead with $202,000, $198,000, and $175,000. The report found that there was a shift when it comes to the dynamics in the property market as regional areas ...
Australia's property market shows uneven growth - Broker News
WEBBrisbane has also experienced unexpected growth, with housing prices now expected to rise between 15% to 20% by the end of 2024, far exceeding earlier predictions. Likewise, Adelaide has outpaced expectations, with prices rising by 12% so far in 2024. The city's strong economy and relatively affordable housing have contributed to this growth ...
MKM plugs into the digital age | Australian Broker News
WEBAug 10, 2021 Share. MKM has recently embarked on a best-in-class technology upgrade project. The company has rolled out a full suite of ApplyOnline digital solutions and, accordingly, plug-and-play access to the Australian broker channel. Leading global investment bank and asset manager MA Financial …
Rubik Financial under $68m takeover bid from Swiss banking tech …
WEBASX-listed fintech firm Rubik Financial has agreed to a $68m takeover by Swiss banking tech giant Temenos. The agreement follows a decade-long business partnership between the companies in Australia. The deal needs approval from Rubik’s shareholders, and the firm’s board of directors has unanimously recommended that they approve the scheme.
Developers urge faster approvals to meet housing demand
WEB“UDIA National has been warning of a major contraction in new housing construction and productivity for some time, and that prediction is coming true just at the time when we need to be increasing new housing supply and re-stocking our pipeline,” said Max Shifman (pictured above right), UDIA National president.
Young broker reflects on MFAA national award win
WEBAt just 22, Brisbane broker and managing director Logan Stanford is shaking up the mortgage industry. Stanford (pictured above) won the prestigious MFAA National Excellence Awards 2022 Best Newcomer Award in July - Stanford Financial was launched in July 2020 . The brokerage also won the MFAA National Excellence Award for …
Leads deluge prompts brokerage expansion | Australian Broker News
WEBSydney-based mortgage broker and finance consultant Australian Financial Market has commenced an expansion phase after success in its financial planning division brought in more leads than the firm could handle. “The leads have become a bit of a hurdle believe it or not,” Australian Financial Market director Abdul Hawat told Australian Broker.
FBAA: Australia faces a financial and mental health emergency
WEBWhite, who has led mental health initiatives for the finance broking industry, said the findings showed that Australia is facing both a financial and mental health emergency. “It will take a combined approach by government, lenders and the community at large to help people through this,” he said. White encouraged people to look ahead and ...
Auswide Bank reports record growth across first half of FY21
WEBBarrett also said that Auswide’s participation in the First Home Loan Deposit Scheme (FHLDS) – which offers loans to eligible first homebuyers with the government providing a guarantee for any loan amounts above 80% LVR – contributed to the growth, adding that the scheme “introduced Auswide Bank to a younger customer demographic, specifically between the ages of 24 to 35.”