Articles

Ambulance chasers are not seen as the best friends of the property and finance sectors. But, ironically, they could boost incomes for brokers and financial planners A rising tide lifts all boats. But, when the tide goes out, its obvious who has been swimming naked. And with the property market being close to the top, many potential purchasers […]

David Scutt| Business Insider| 20 February 2018 https://www.businessinsider.com.au/rba-financial-stress-low-households-2018-2 Australian household debt has increased and wage growth remains weak, but that’s not yet led to a substantial pickup in financial stress. And that includes households with a mortgage, be they owner-occupiers or investors. That’s the concise view of Michelle Bullock, Assistant Governor of the Reserve Bank […]

The Economist| 15 February 2018 https://www.economist.com/news/finance-and-economics/21737028-battle-between-one-side-novelty-technology-and-gusto-and-other?frsc=dg%7Ce CHRIS MATTHEWS joined Monzo last May. “A friend mentioned it over a curry. Everyone signed up at once. Nine or ten of us.” Mr Matthews, a structural engineer living in London, transfers money monthly from the big bank where his salary lands to the online upstart, for everyday expenses. […]

Riskwise Property Review| 8 February 2018 https://www.riskwiseproperty.com.au/News/high_risk_alert We’re living in a post-property-boom era, in a time when the term ‘off-the-plan’ starts ringing alarm bells. With almost all capital cities suffering from potential unit oversupply, RiskWise has compiled a list of the top 100 most risky suburbs across the country. The widespread oversupply issue is universally […]

James Mitchell| The Adviser| 5 January 2018 https://www.theadviser.com.au/breaking-news/37252-major-bank-changes-broker-commission-model A big four bank has advised mortgage brokers that its upfront commission structure will change from next month. In a note to brokers obtained by The Adviser, ANZ’s general manager of broker distribution, Simone Tilley, explained that the bank has recently completed a comprehensive review of its […]

Jonathan Shapiro| Australian Financial Review|18 December 2017 http://www.afr.com/business/banking-and-finance/blackstones-play-for-la-trobe-wont-be-the-last-nonbank-deal-20171218-h06huy Australia’s $1.7 trillion mortgage market has become a hotspot for global private equity titans with more buyout funds tipped to follow Blackstone and KKR’s recent forays into the shadow banking sector. On Monday, New York-based Blackstone announced it had taken an 80 per cent stake in Melbourne-based lender […]