<?xml version="1.0" encoding="UTF-8" ?> <rss version="2.0"> <channel> <title>Brokernews</title> <link>http://www.brokernews.com.au</link> <description>Welcome to Brokernews</description> <copyright>Copyright (C) 2012</copyright><ttl>5</ttl> <item> <title><![CDATA[Rates on target, says RBA]]></title> <link>http://www.brokernews.com.au/news/rates-on-target-says-rba/122034/</link> <guid>http://www.brokernews.com.au/news/rates-on-target-says-rba/122034/</guid> <description><![CDATA[The Reserve Bank has cut against economists' predictions today by leaving the cash rate untouched]]></description> <pubDate>Tue, 07 Feb 2012 09:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Segmentation not in the stars for NAB]]></title> <link>http://www.brokernews.com.au/news/segmentation-not-in-the-stars-for-nab/122021/</link> <guid>http://www.brokernews.com.au/news/segmentation-not-in-the-stars-for-nab/122021/</guid> <description><![CDATA[NAB has revealed it has no plans to move back to a segmentation strategy after abolishing its ‘outdated’ broker star rating program in November]]></description> <pubDate>Tue, 07 Feb 2012 07:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Property advice not just a Wright add-on]]></title> <link>http://www.brokernews.com.au/news/property-advice-not-just-a-wright-add-on/122020/</link> <guid>http://www.brokernews.com.au/news/property-advice-not-just-a-wright-add-on/122020/</guid> <description><![CDATA[IPS Home Loans' Paul Wright sees his nascent property investment advisory business overtaking his financing arm within three to five years]]></description> <pubDate>Tue, 07 Feb 2012 05:30:00 GMT</pubDate> </item> <item> <title><![CDATA[Homeside rebrand more than 'sticker and pretty colours']]></title> <link>http://www.brokernews.com.au/news/homeside-rebrand-more-than-sticker-and-pretty-colours/122013/</link> <guid>http://www.brokernews.com.au/news/homeside-rebrand-more-than-sticker-and-pretty-colours/122013/</guid> <description><![CDATA[NAB has announced new efforts to bring Homeside closer to the major bank brand, by creating a &quot;stronger visual link&quot; through a new re-branding campaign]]></description> <pubDate>Tue, 07 Feb 2012 05:20:00 GMT</pubDate> </item> <item> <title><![CDATA[Restless borrowers drive credit job hunger]]></title> <link>http://www.brokernews.com.au/news/restless-borrowers-drive-credit-job-hunger/121982/</link> <guid>http://www.brokernews.com.au/news/restless-borrowers-drive-credit-job-hunger/121982/</guid> <description><![CDATA[Market dynamics are driving a rise in credit positions within banking institutions, despite the banking sector shrinking its headcount]]></description> <pubDate>Tue, 07 Feb 2012 05:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Loan Market welcomes Academy trainees]]></title> <link>http://www.brokernews.com.au/news/loan-market-welcomes-academy-trainees/121967/</link> <guid>http://www.brokernews.com.au/news/loan-market-welcomes-academy-trainees/121967/</guid> <description><![CDATA[Loan Market has announced that seven new brokers have been brought into the fold, following their graduation from the national mortgage broking group's Broker Academy]]></description> <pubDate>Tue, 07 Feb 2012 04:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Bendigo flags independent moves]]></title> <link>http://www.brokernews.com.au/news/bendigo-flags-independent-moves/122022/</link> <guid>http://www.brokernews.com.au/news/bendigo-flags-independent-moves/122022/</guid> <description><![CDATA[Majors aren't the only ones set to make a break from the RBA, with a second-tier planning to move independently as well]]></description> <pubDate>Tue, 07 Feb 2012 03:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Job ads cut against rate case]]></title> <link>http://www.brokernews.com.au/news/job-ads-cut-against-rate-case/122019/</link> <guid>http://www.brokernews.com.au/news/job-ads-cut-against-rate-case/122019/</guid> <description><![CDATA[A strengthening job market could work against today's anticipated rate cut]]></description> <pubDate>Tue, 07 Feb 2012 01:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Poll: Is social media for you in 2012?]]></title> <link>http://www.brokernews.com.au/news/poll-is-social-media-for-you-in-2012/120941/</link> <guid>http://www.brokernews.com.au/news/poll-is-social-media-for-you-in-2012/120941/</guid> <description><![CDATA[Are you using, or do you plan to use social media for your business this year? Have your say!]]></description> <pubDate>Tue, 07 Feb 2012 00:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Mortgage job market 'exceptionally volatile']]></title> <link>http://www.brokernews.com.au/news/mortgage-job-market-exceptionally-volatile/121888/</link> <guid>http://www.brokernews.com.au/news/mortgage-job-market-exceptionally-volatile/121888/</guid> <description><![CDATA[The prospects for top executives &quot;cleaned out&quot; of the industry through the GFC and consolidation do not look bright, according to a top recruiter]]></description> <pubDate>Mon, 06 Feb 2012 07:30:00 GMT</pubDate> </item> <item> <title><![CDATA[SMSFs luring brokers, but education urged]]></title> <link>http://www.brokernews.com.au/news/smsfs-luring-brokers-but-education-urged/121886/</link> <guid>http://www.brokernews.com.au/news/smsfs-luring-brokers-but-education-urged/121886/</guid> <description><![CDATA[NMB has witnessed a spike in SMSF lending interest, though managing director Gerald Foley said brokers need to understand the complexity of these products]]></description> <pubDate>Mon, 06 Feb 2012 06:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Westpac lags in adjusting repayments]]></title> <link>http://www.brokernews.com.au/news/westpac-lags-in-adjusting-repayments/121959/</link> <guid>http://www.brokernews.com.au/news/westpac-lags-in-adjusting-repayments/121959/</guid> <description><![CDATA[Westpac has drawn the ire of consumers by being slow in adjusting home loan repayments]]></description> <pubDate>Mon, 06 Feb 2012 03:00:00 GMT</pubDate> </item> <item> <title><![CDATA[TV: MFAA must stand on 'own two feet']]></title> <link>http://www.brokernews.com.au/news/tv-mfaa-must-stand-on-own-two-feet/121962/</link> <guid>http://www.brokernews.com.au/news/tv-mfaa-must-stand-on-own-two-feet/121962/</guid> <description><![CDATA[Leading brokers have called on the MFAA to provide members with more value , and have argued arrangements making membership mandatory should be abolished]]></description> <pubDate>Mon, 06 Feb 2012 03:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Surveillance suggested for 'untouchable' banks]]></title> <link>http://www.brokernews.com.au/news/surveillance-suggested-for-untouchable-banks/121961/</link> <guid>http://www.brokernews.com.au/news/surveillance-suggested-for-untouchable-banks/121961/</guid> <description><![CDATA[The government has been called on to introduce a surveillance regime to scrutinise banks that don't follow the RBA.]]></description> <pubDate>Mon, 06 Feb 2012 02:30:00 GMT</pubDate> </item> <item> <title><![CDATA['Ditch banks that don't follow RBA', borrowers told]]></title> <link>http://www.brokernews.com.au/news/ditch-banks-that-dont-follow-rba-borrowers-told/121958/</link> <guid>http://www.brokernews.com.au/news/ditch-banks-that-dont-follow-rba-borrowers-told/121958/</guid> <description><![CDATA[Borrowers are being urged to desert banks which refuse to pass on RBA rate cuts]]></description> <pubDate>Mon, 06 Feb 2012 02:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Building jobs to go if slump continues]]></title> <link>http://www.brokernews.com.au/news/building-jobs-to-go-if-slump-continues/121957/</link> <guid>http://www.brokernews.com.au/news/building-jobs-to-go-if-slump-continues/121957/</guid> <description><![CDATA[Residential building jobs may be on the chopping block with approvals on the decline]]></description> <pubDate>Mon, 06 Feb 2012 01:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Building jobs to go if slump continues]]></title> <link>http://www.brokernews.com.au/news/building-jobs-to-go-if-slump-continues/121957/</link> <guid>http://www.brokernews.com.au/news/building-jobs-to-go-if-slump-continues/121957/</guid> <description><![CDATA[Residential building jobs may be on the chopping block with approvals on the decline]]></description> <pubDate>Mon, 06 Feb 2012 01:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Lenders to explain non-conforming loans]]></title> <link>http://www.brokernews.com.au/news/lenders-to-explain-non-conforming-loans/121884/</link> <guid>http://www.brokernews.com.au/news/lenders-to-explain-non-conforming-loans/121884/</guid> <description><![CDATA[Lenders have promised to continue to help dispel broker fear about non-conforming mortgage products]]></description> <pubDate>Fri, 03 Feb 2012 07:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Glimmer of old normal in January sales]]></title> <link>http://www.brokernews.com.au/news/glimmer-of-old-normal-in-january-sales/121927/</link> <guid>http://www.brokernews.com.au/news/glimmer-of-old-normal-in-january-sales/121927/</guid> <description><![CDATA[Mortgage sales in January could mark a return to normal, with figures high above last year]]></description> <pubDate>Fri, 03 Feb 2012 05:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Banks' RBA break to drive broker business]]></title> <link>http://www.brokernews.com.au/news/banks-rba-break-to-drive-broker-business/121925/</link> <guid>http://www.brokernews.com.au/news/banks-rba-break-to-drive-broker-business/121925/</guid> <description><![CDATA[A wave of borrowers could be seeking out brokers should the banks choose to sit on their hands after any RBA rate cuts]]></description> <pubDate>Fri, 03 Feb 2012 04:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Anger understood, but banks not cavalier: ABA]]></title> <link>http://www.brokernews.com.au/news/anger-understood-but-banks-not-cavalier-aba/121922/</link> <guid>http://www.brokernews.com.au/news/anger-understood-but-banks-not-cavalier-aba/121922/</guid> <description><![CDATA[Five days out from the RBA's next cash rate decision, Australian banks are again flagging that they may stay put on rates]]></description> <pubDate>Fri, 03 Feb 2012 03:00:00 GMT</pubDate> </item> <item> <title><![CDATA[1300 ramps up rhetoric with consumer RBA appeal]]></title> <link>http://www.brokernews.com.au/news/_1300-ramps-up-rhetoric-with-consumer-rba-appeal/121938/</link> <guid>http://www.brokernews.com.au/news/_1300-ramps-up-rhetoric-with-consumer-rba-appeal/121938/</guid> <description><![CDATA[1300 Home Loan has ramped up its rhetoric, jumping into discourse on upcoming RBA rate moves following its consumer marketing launch]]></description> <pubDate>Fri, 03 Feb 2012 02:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Advantedge results reflect customer service record]]></title> <link>http://www.brokernews.com.au/news/advantedge-results-reflect-customer-service-record/121920/</link> <guid>http://www.brokernews.com.au/news/advantedge-results-reflect-customer-service-record/121920/</guid> <description><![CDATA[Advantedge general manager of broker platforms Steve Weston has said Advantedge's official complaint numbers confirm the business provides the highest levels of customer service]]></description> <pubDate>Fri, 03 Feb 2012 01:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Think ‘integration’ not diversification, says Haron]]></title> <link>http://www.brokernews.com.au/news/think-integration-not-diversification-says-haron/121902/</link> <guid>http://www.brokernews.com.au/news/think-integration-not-diversification-says-haron/121902/</guid> <description><![CDATA[Brokers may be more successful in diversifying into products other than mortgages if they stop thinking of it as diversification]]></description> <pubDate>Thu, 02 Feb 2012 03:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Hardship complaints show no sign of easing]]></title> <link>http://www.brokernews.com.au/news/hardship-complaints-show-no-sign-of-easing/121889/</link> <guid>http://www.brokernews.com.au/news/hardship-complaints-show-no-sign-of-easing/121889/</guid> <description><![CDATA[Financial hardship continues to yield a flood of complaints to COSL, and the Ombudsman has said the trend shows no signs of slowing]]></description> <pubDate>Thu, 02 Feb 2012 02:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Advantedge tops COSL complaints tally]]></title> <link>http://www.brokernews.com.au/news/advantedge-tops-cosl-complaints-tally/121901/</link> <guid>http://www.brokernews.com.au/news/advantedge-tops-cosl-complaints-tally/121901/</guid> <description><![CDATA[NAB's Advantedge business received the highest number of consumer complaints among COSL members in 2010-11, according to the body's latest annual report]]></description> <pubDate>Thu, 02 Feb 2012 01:00:00 GMT</pubDate> </item> <item> <title><![CDATA[High end sales skew housing numbers, broker claims]]></title> <link>http://www.brokernews.com.au/news/high-end-sales-skew-housing-numbers-broker-claims/121904/</link> <guid>http://www.brokernews.com.au/news/high-end-sales-skew-housing-numbers-broker-claims/121904/</guid> <description><![CDATA[A Sydney broker has claimed data indicating a resilient housing market in the city may be deceptive]]></description> <pubDate>Thu, 02 Feb 2012 01:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Loan Ave launches 'Heartkids' Home Loan]]></title> <link>http://www.brokernews.com.au/news/loan-ave-launches-heartkids-home-loan/121909/</link> <guid>http://www.brokernews.com.au/news/loan-ave-launches-heartkids-home-loan/121909/</guid> <description><![CDATA[Loan Ave has launched a loan that will see it donate a portion of income to supporting children with heart disease]]></description> <pubDate>Thu, 02 Feb 2012 01:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Fixing falling out of fashion]]></title> <link>http://www.brokernews.com.au/news/fixing-falling-out-of-fashion/121912/</link> <guid>http://www.brokernews.com.au/news/fixing-falling-out-of-fashion/121912/</guid> <description><![CDATA[Borrowers are shying away from fixing their mortgages for the first time in eight months]]></description> <pubDate>Thu, 02 Feb 2012 00:30:00 GMT</pubDate> </item> <item> <title><![CDATA[Heritage goes national with broker distribution]]></title> <link>http://www.brokernews.com.au/news/heritage-goes-national-with-broker-distribution/121860/</link> <guid>http://www.brokernews.com.au/news/heritage-goes-national-with-broker-distribution/121860/</guid> <description><![CDATA[Newly-badged Heritage Bank is set to expand its broker distribution nationwide, in what chief executive John Minz has called an &quot;evolution&quot; of the company's strategy]]></description> <pubDate>Wed, 01 Feb 2012 07:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Genworth shrugs off US downgrade]]></title> <link>http://www.brokernews.com.au/news/genworth-shrugs-off-us-downgrade/121850/</link> <guid>http://www.brokernews.com.au/news/genworth-shrugs-off-us-downgrade/121850/</guid> <description><![CDATA[Ratings agency Standard &amp; Poor's has affirmed Genworth Australia's operations as 'solid', after a related downgrade in the US.]]></description> <pubDate>Wed, 01 Feb 2012 06:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Borrowers banking on February rate cut]]></title> <link>http://www.brokernews.com.au/news/borrowers-banking-on-february-rate-cut/121846/</link> <guid>http://www.brokernews.com.au/news/borrowers-banking-on-february-rate-cut/121846/</guid> <description><![CDATA[Borrowers are anticipating yet another rate cut when the RBA meets next week, echoing the sentiments of most economists]]></description> <pubDate>Wed, 01 Feb 2012 05:00:00 GMT</pubDate> </item> <item> <title><![CDATA[BoM taps ING Direct for state manager]]></title> <link>http://www.brokernews.com.au/news/bom-taps-ing-direct-for-state-manager/121851/</link> <guid>http://www.brokernews.com.au/news/bom-taps-ing-direct-for-state-manager/121851/</guid> <description><![CDATA[Bank of Melbourne has tapped a former ING Direct state manager to oversee its team of BDMs]]></description> <pubDate>Wed, 01 Feb 2012 04:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Sydney serves as bright spot in soft housing numbers]]></title> <link>http://www.brokernews.com.au/news/sydney-serves-as-bright-spot-in-soft-housing-numbers/121864/</link> <guid>http://www.brokernews.com.au/news/sydney-serves-as-bright-spot-in-soft-housing-numbers/121864/</guid> <description><![CDATA[Sydney has appeared as the lone bright spot in a weak month for median house prices]]></description> <pubDate>Wed, 01 Feb 2012 02:15:00 GMT</pubDate> </item> <item> <title><![CDATA[Sydney serves as bright spot in soft housing numbers]]></title> <link>http://www.brokernews.com.au/news/sydney-serves-as-bright-spot-in-soft-housing-numbers/121864/</link> <guid>http://www.brokernews.com.au/news/sydney-serves-as-bright-spot-in-soft-housing-numbers/121864/</guid> <description><![CDATA[Sydney has appeared as the lone bright spot in a weak month for median house prices]]></description> <pubDate>Wed, 01 Feb 2012 02:15:00 GMT</pubDate> </item> <item> <title><![CDATA[Melbourne rental market looking 'ominous']]></title> <link>http://www.brokernews.com.au/news/melbourne-rental-market-looking-ominous/121862/</link> <guid>http://www.brokernews.com.au/news/melbourne-rental-market-looking-ominous/121862/</guid> <description><![CDATA[The Melbourne rental market is looking &quot;ominous&quot; for landlords with vacancy rates set to climb]]></description> <pubDate>Wed, 01 Feb 2012 02:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Melbourne rental market looking 'ominous']]></title> <link>http://www.brokernews.com.au/news/melbourne-rental-market-looking-ominous/121862/</link> <guid>http://www.brokernews.com.au/news/melbourne-rental-market-looking-ominous/121862/</guid> <description><![CDATA[The Melbourne rental market is looking &quot;ominous&quot; for landlords with vacancy rates set to climb]]></description> <pubDate>Wed, 01 Feb 2012 02:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Bank job cuts a boost for brokers]]></title> <link>http://www.brokernews.com.au/news/bank-job-cuts-a-boost-for-brokers/121817/</link> <guid>http://www.brokernews.com.au/news/bank-job-cuts-a-boost-for-brokers/121817/</guid> <description><![CDATA[Bank plans to slash thousands of financial services jobs over the next two years could end up benefitting brokers and consumers]]></description> <pubDate>Tue, 31 Jan 2012 06:00:00 GMT</pubDate> </item> <item> <title><![CDATA[No cull from Diploma deadline: MFAA]]></title> <link>http://www.brokernews.com.au/news/no-cull-from-diploma-deadline-mfaa/121815/</link> <guid>http://www.brokernews.com.au/news/no-cull-from-diploma-deadline-mfaa/121815/</guid> <description><![CDATA[An impending Diploma deadline is not predicted to result in a drastic decrease in the MFAA's membership]]></description> <pubDate>Tue, 31 Jan 2012 05:00:00 GMT</pubDate> </item> <item> <title><![CDATA[Big four given ratings warning]]></title> <link>http://www.brokernews.com.au/news/big-four-given-ratings-warning/121833/</link> <guid>http://www.brokernews.com.au/news/big-four-given-ratings-warning/121833/</guid> <description><![CDATA[Fitch has placed the Australian majors on notice over their ratings amid funding concerns]]></description> <pubDate>Tue, 31 Jan 2012 04:00:00 GMT</pubDate> </item> <item> <title><![CDATA[NAB denies correlation with RBA moves]]></title> <link>http://www.brokernews.com.au/news/nab-denies-correlation-with-rba-moves/121835/</link> <guid>http://www.brokernews.com.au/news/nab-denies-correlation-with-rba-moves/121835/</guid> <description><![CDATA[NAB boss Cameron Clyne has again flagged the possibility the bank won't follow any move by the RBA next week]]></description> <pubDate>Tue, 31 Jan 2012 02:30:00 GMT</pubDate> </item> <item> <title><![CDATA[Sintex appoints operations manager]]></title> <link>http://www.brokernews.com.au/news/sintex-appoints-operations-manager/121834/</link> <guid>http://www.brokernews.com.au/news/sintex-appoints-operations-manager/121834/</guid> <description><![CDATA[Commercial lender Sintex has created a new operations manager position to spearhead business growth]]></description> <pubDate>Tue, 31 Jan 2012 02:00:00 GMT</pubDate> </item> <item> <title><![CDATA[BIS still bullish on employment, rates]]></title> <link>http://www.brokernews.com.au/news/bis-still-bullish-on-employment-rates/121836/</link> <guid>http://www.brokernews.com.au/news/bis-still-bullish-on-employment-rates/121836/</guid> <description><![CDATA[Australia's ageing population won't hit the labour market as hard as anticipated according to one forecaster]]></description> <pubDate>Tue, 31 Jan 2012 01:00:00 GMT</pubDate> </item> </channel></rss>
