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HomeSectionsMarket talk Submit Lowest interest rate not biggest reason consumers use brokers

May 18, 2017

MPA Consumers on Brokers surveys suggest ASIC’s criticism that brokers don’t provide better interest rates may be misplaced ‘Help with the application’ is the biggest reason consumers use brokers, MPA’s 2017 Consumers on Brokers report has revealed.  The survey showed that lowest interest rates were only the third biggest reason for consumers to use a […]

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Federal Budget 2017: Winners and losers

May 10, 2017

Federal Budget 2017: Winners and losers FUNDING for the NDIS has been guaranteed in a win for disability services, while big banks are the big losers in the Budget. WINNERS * Disabled people Funding guaranteed for the National Disability Insurance Scheme, which is expected to cost $21 billion a year once it is fully implemented […]

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Controversial US ‘rent-bidding’ start-up Rentberry to launch in Australia, tenant unions slam the idea

May 4, 2017

Rentberry caused a stir when it launched in the US last year, with criticism that the app would drive prices up further, especially in expensive markets such as San Francisco. A controversial Silicon Valley start-up that lets tenants bid against each other for rental properties will launch in Australia this year, amid fears it will jack Aussie rents up higher. Alex Lubinsky, co-founder of the San […]

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Survey finds Australian borrowers could not make home loan repayments if they fell seriously ill

April 29, 2017

Survey finds Australian borrowers could not make home loan repayments if they fell seriously ill. NEARLY half of Australian mortgages are worried about what being diagnosed with a serious illness would mean for their repayments, with some claiming to be incapable of servicing their home loans for even one month if they became seriously ill, […]

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Wave of rate hikes about to hit brokers

April 29, 2017

A wave of rate hikes about to hit brokers. Funding costs and regulatory pressure will drive rates upwards and cut discounts, regardless of today’s RBA call 85% of brokers think there will be further out-of-cycle rate increases, regardless of today’s cash rate decision by the RBA. This was the finding of broker listing site Hashching, […]

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