by Sue | Jun 24, 2024 | Uncategorized
Striking the right balance between maintaining access to credit for small businesses and a robust complaints framework is essential for the broader economy according to a recent Mortgage and Finance Association of Australia (MFAA) submission. In its submission to...
by Sue | Jun 21, 2024 | Uncategorized
New survey findings from the Mortgage & Finance Association of Australia (MFAA) have confirmed that serviceability remains the number one reason mortgage broker clients are unable to refinance. The second Refinancing and Mortgage Stress survey, with over 440...
by Sue | Jun 20, 2024 | Uncategorized
The mortgage and finance broking industry’s peak association has made six recommendations to improve the home loan discharge process in a new whitepaper released today. Among the recommendations included in the whitepaper, titled ‘Towards a faster, smoother home loan...
by Sue | Jun 19, 2024 | Uncategorized
Mentoring is about helping people find their strengths, and in the process, we as mentors find new strengths in ourselves. No amount of book learning prepares people for the experience of becoming a mortgage broker. As a mentee, you have a certain mindset, but having...
by Sue | Jun 18, 2024 | Uncategorized
Responding to the outcome of the Loan Market Group Pty Ltd vs. Chief Commissioner of State Revenue NSW payroll tax Supreme Court matter, the Mortgage & Finance Association of Australia (MFAA) said while it is disappointed by the ruling, the Court’s finding...
by Sue | Jun 17, 2024 | Uncategorized
From 3 August 2024 all new Victorian certificates of title from the Register of land will be electronic. Electronic certificates of title (eCTs) were introduced in Victoria in 2009, and the phasing out of paper certificates is the next step for Land Use Victoria’s...
by Sue | Jun 14, 2024 | Uncategorized
Mortgage brokers operating in Australia will find this article very useful. From 1 July 2024, commercial or industrial property purchased in Victoria will be subject to a new property tax system. For commercial and industrial property transactions with both a contract...
by Sue | Jun 11, 2024 | Uncategorized
There has been a rush of headlines over recent weeks about banks being ‘at war’ with mortgage brokers. These headlines are misguided. They also ignore the most important player in this ‘war’: Australian borrowers. However, if some of the larger...
