<?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) 2010</copyright><ttl>5</ttl> <item> <title><![CDATA[Suspected fraudulent broker on the run]]></title> <description><![CDATA[Kate Thompson, the former WA mortgage broker who is under investigation for alleged fraud, has fled to Hong Kong leading the police to issue an airport alert]]></description> <link>http://www.brokernews.com.au/news/suspected-fraudulent-broker-on-the-run/40849</link> <pubDate>Thu, 11 Mar 2010 09:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Banks have power over brokers: Opportune]]></title> <description><![CDATA[The recent consolidation in the industry has given banks the power to influence brokers about the recommendations they make to their clients, according to Opportune Home Loans. ]]></description> <link>http://www.brokernews.com.au/news/banks-have-power-over-brokers-opportune/40839</link> <pubDate>Thu, 11 Mar 2010 05:35:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[HFS CEO sees regulation as way to ‘weed out the cowboys’]]></title> <description><![CDATA[Harcourts Financial Services CEO Andy Graham has called the impending Credit Licensing Regulations a significant step for the industry which will improve broker credibility]]></description> <link>http://www.brokernews.com.au/news/hfs-ceo-sees-regulation-as-way-to-weed-out-the-cowboys/40847</link> <pubDate>Thu, 11 Mar 2010 05:33:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Exodus of first time homebuyers leading to finance falls]]></title> <description><![CDATA[The number of owner-occupied housing finance commitments fell by 7.9% in January as first homebuyers refuse to enter the market without generous government subsidies]]></description> <link>http://www.brokernews.com.au/news/exodus-of-first-time-homebuyers-leading-to-finance-falls/40825</link> <pubDate>Thu, 11 Mar 2010 05:30:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Outsource Financial beefing up]]></title> <description><![CDATA[Tanya Sale's new aggregation group, Outsource Financial, has recruited ex-Finconnect senior lending manager Hayley Smith to join its rank]]></description> <link>http://www.brokernews.com.au/news/outsource-financial-beefing-up/40848</link> <pubDate>Thu, 11 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[BN]]></author> </item> <item> <title><![CDATA[Jobs report a mixed blessing for brokers]]></title> <description><![CDATA[Australia's job market is outperforming just about every major economy in the world with one in five employers looking to hire more workers and the number of job ads being placed increasing at a never before seen rate]]></description> <link>http://www.brokernews.com.au/news/jobs-report-a-mixed-blessing-for-brokers/40807</link> <pubDate>Wed, 10 Mar 2010 01:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Electronic valuation tool aims to cut processing times]]></title> <description><![CDATA[Hometrack's new desktop valuation tool - Hometrack Valuer (HTV) - promises to speed up mortgage processing times, minimise escalations to onsite inspections and reduce risk to lenders]]></description> <link>http://www.brokernews.com.au/news/electronic-valuation-tool-aims-to-cut-processing-times/40808</link> <pubDate>Wed, 10 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Small business support for Abbott's paid parental leave plan]]></title> <description><![CDATA[Tony Abbott's proposed plan to introduce a national paid parental leave scheme has received support from the Council of Small Business of Australia (COSBOA)]]></description> <link>http://www.brokernews.com.au/news/small-business-support-for-abbotts-paid-parental-leave-plan/40809</link> <pubDate>Wed, 10 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[SME profits bounce back]]></title> <description><![CDATA[More small and medium-sized business owners are optimistic about the outlook for their companies than has been seen since the beginning of the GFC, according to the National Australia Bank]]></description> <link>http://www.brokernews.com.au/news/sme-profits-bounce-back/40806</link> <pubDate>Wed, 10 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Business confidence soars]]></title> <description><![CDATA[The outlook for businesses is at its highest level in five years with business owners and senior executives confident of a strong June quarter, a new survey shows]]></description> <link>http://www.brokernews.com.au/news/business-confidence-soars/40786</link> <pubDate>Tue, 09 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Global worries over China's rapid growth]]></title> <description><![CDATA[Economists are concerned that China's momentum may be too strong for the global good after it set the year off to rapid economic start. ]]></description> <link>http://www.brokernews.com.au/news/global-worries-over-chinas-rapid-growth/40788</link> <pubDate>Tue, 09 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Firstfolio targets 35% growth]]></title> <description><![CDATA[Firstfolio CEO Mark Forsyth is reportedly looking to buy up loan books from brokers wishing to exit the industry]]></description> <link>http://www.brokernews.com.au/news/firstfolio-targets-35-growth/40789</link> <pubDate>Tue, 09 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Investors return to property market: AFG]]></title> <description><![CDATA[After a lull over the summer holidays property investors are flocking back to the market, according to a new report from AFG. ]]></description> <link>http://www.brokernews.com.au/news/investors-return-to-property-market-afg/40790</link> <pubDate>Tue, 09 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Aussie banks not to shoulder global burden ]]></title> <description><![CDATA[April is looming as a significant time for the post-crisis regulatory response, with submissions by the banking industry to the Australian Prudential Regulation Authority on liquidity scheduled to be turned in to a much sharper document on quantitative impacts. ]]></description> <link>http://www.brokernews.com.au/news/aussie-banks-not-to-shoulder-global-burden/40764</link> <pubDate>Mon, 08 Mar 2010 09:01:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Mortgage Choice looks to lend]]></title> <description><![CDATA[Mortgage Choice CEO Michael Russell is reportedly looking into funding options that would allow Australia's largest independently owned mortgage broker to enter the $1 trillion mortgage market]]></description> <link>http://www.brokernews.com.au/news/mortgage-choice-looks-to-lend/40761</link> <pubDate>Mon, 08 Mar 2010 09:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[ING makes changes to mortgage conversion rate]]></title> <description><![CDATA[ING Direct has changed the way it calculates conversion rates to provide a more immediate reward for brokers who facilitate mortgages through the lender]]></description> <link>http://www.brokernews.com.au/news/ing-makes-changes-to-mortgage-conversion-rate/40762</link> <pubDate>Mon, 08 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Confidence boosts US employment ]]></title> <description><![CDATA[The US job market is beginning to thaw.]]></description> <link>http://www.brokernews.com.au/news/confidence-boosts-us-employment/40763</link> <pubDate>Mon, 08 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Weekend auction sales dampened ]]></title> <description><![CDATA[An interest rate rise and poor weather conditions in some capital cities put a dampener on the weekend auction market.  
]]></description> <link>http://www.brokernews.com.au/news/weekend-auction-sales-dampened/40767</link> <pubDate>Mon, 08 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Regional rents outperform city ]]></title> <description><![CDATA[While growth in capital city house rents has been sluggish in the past 12 months, many rural towns have seen strong increases.

]]></description> <link>http://www.brokernews.com.au/news/regional-rents-outperform-city/40768</link> <pubDate>Mon, 08 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Rates close to tipping point for first time homebuyers]]></title> <description><![CDATA[More than a quarter of people looking to buy their first home in the next two years would give up on that dream if interest rates were to rise by just two percentage points in the next two years, according to results from the 2010 Mortgage Choice First Homebuyers Survey]]></description> <link>http://www.brokernews.com.au/news/rates-close-to-tipping-point-for-first-time-homebuyers/40731</link> <pubDate>Fri, 05 Mar 2010 08:35:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Housing affordability back to pre-GFC levels]]></title> <description><![CDATA[A new housing affordability index has shown that the “home price-to-income ratio” has returned to its pre-GFC levels and remains in line with its average since March 2003]]></description> <link>http://www.brokernews.com.au/news/housing-affordability-back-to-pre-gfc-levels/40732</link> <pubDate>Fri, 05 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Luke Cornish]]></author> </item> <item> <title><![CDATA[Storm chief attacks CBA]]></title> <description><![CDATA[Storm Financial founder and chief executive Emmanuel Cassimatis has attacked the CBA and encouraged former clients to sue it for losses caused by the advisors collapse. ]]></description> <link>http://www.brokernews.com.au/news/storm-chief-attacks-cba/40733</link> <pubDate>Fri, 05 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Global banking giants take $305bn home]]></title> <description><![CDATA[The biggest banks in the US and Europe set aside almost 10% more money for compensation and benefits in 2009 than a year earlier, according to an analysis of their full-year results.]]></description> <link>http://www.brokernews.com.au/news/global-banking-giants-take-305bn-home/40734</link> <pubDate>Fri, 05 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Opportune honours major winner]]></title> <description><![CDATA[Opportune Home Loans held its annual National Achievement Award ceremony in Sydney on 25 February.]]></description> <link>http://www.brokernews.com.au/news/opportune-honours-major-winner/40736</link> <pubDate>Fri, 05 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[How is your aggregator shaping up?]]></title> <description><![CDATA[It's that time of the year again - for the next in the series of the tell-all MPA surveys of brokers on aggregators. ]]></description> <link>http://www.brokernews.com.au/news/how-is-your-aggregator-shaping-up/40740</link> <pubDate>Fri, 05 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[BN]]></author> </item> <item> <title><![CDATA[Strong growth numbers from Aussie]]></title> <description><![CDATA[Figures released by Aussie Home Loans reveal that the franchise group has enjoyed strong growth in both broker numbers and loan settlements]]></description> <link>http://www.brokernews.com.au/news/strong-growth-numbers-from-aussie/40716</link> <pubDate>Thu, 04 Mar 2010 09:00:00 GMT</pubDate> <author><![CDATA[BN]]></author> </item> <item> <title><![CDATA[Entry-level candidates to fill skills shortages]]></title> <description><![CDATA[Employers should invest in recruiting and training entry-level candidates to minimising the impact of future skills shortages, according to Hays Banking]]></description> <link>http://www.brokernews.com.au/news/entry-level-candidates-to-fill-skills-shortages/40717</link> <pubDate>Thu, 04 Mar 2010 08:50:00 GMT</pubDate> <author><![CDATA[BN]]></author> </item> <item> <title><![CDATA[Free financial counselling for North Shore residents]]></title> <description><![CDATA[Brokers operating on Sydney's North Shore can refer on clients struggling with mortgage repayments to a new free community service]]></description> <link>http://www.brokernews.com.au/news/free-financial-counselling-for-north-shore-residents/40719</link> <pubDate>Thu, 04 Mar 2010 08:00:00 GMT</pubDate> <author><![CDATA[BN]]></author> </item> <item> <title><![CDATA[Aussie John going back to his roots]]></title> <description><![CDATA[Aussie Home Loans is going back to its roots with a plan to ramp up the sale of its own home loans backed by securitisation.]]></description> <link>http://www.brokernews.com.au/news/aussie-john-going-back-to-his-roots/40720</link> <pubDate>Thu, 04 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Long growth period ahead for Sydney property]]></title> <description><![CDATA[Sydney house prices will rise by as much as 10% this year according to leading real estate agent John McGrath. ]]></description> <link>http://www.brokernews.com.au/news/long-growth-period-ahead-for-sydney-property/40721</link> <pubDate>Thu, 04 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[Tim Neary]]></author> </item> <item> <title><![CDATA[Building approvals change ahead  ]]></title> <description><![CDATA[The collapse of apartment approvals in January spooked many in the industry and government. ]]></description> <link>http://www.brokernews.com.au/news/building-approvals-change-ahead/40724</link> <pubDate>Thu, 04 Mar 2010 00:00:00 GMT</pubDate> <author><![CDATA[BN]]></author> </item> </channel></rss>