For many mortgage brokers, the business they’ve built over decades is their most valuable asset. As retirement approaches, maximising its value is essential to ensure a comfortable future and a smooth handover to the next generation of professionals. Why Value Matters The higher the value of your brokerage, the more attractive it becomes to buyers […]
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In today’s fast-paced mortgage market, clients expect quick answers, clear communication, and personalised service — often outside traditional business hours. For Australian mortgage brokers, meeting these expectations can be challenging. That’s where AI chatbots are stepping in, transforming client service and helping brokers stay competitive. What Are AI Chatbots? AI chatbots are intelligent virtual assistants that can […]
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As the mortgage and finance industry continues to evolve, many seasoned professionals — including mortgage brokers, accountants, and financial planners — are beginning to think about the next chapter in their careers. For those approaching retirement, succession planning is no longer just a corporate buzzword; it’s a vital strategy to ensure a smooth transition, protect […]
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Australia’s property market is heading into an exciting period, with three major forces shaping buyer behaviour and market activity: anticipated interest rate cuts, the traditional spring selling season, and the expanded First Home Guarantee Scheme. For mortgage brokers, real estate professionals, and first‑time buyers, understanding how these factors interact is key to making informed decisions. […]
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While a December inflation rate of 3.2% might initially seem like a positive development, it could spell trouble for Australian home loan borrowers. Here’s why: In summary, while a lower inflation rate might seem beneficial, the broader economic context and the interplay between RBA and FED rates could create challenges for Australian home loan borrowers. […]
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Mike Bruce| The New Daily| 15 October https://thenewdaily.com.au/money/your-budget/2019/10/15/how-much-you-can-save-switching-loans/ Switching a mortgage from one of the big four banks to the lowest rate on the market will save almost $85,000 over the life of a $400,000 loan, figures reveal. As the big four banks face more pressure over their refusal to pass on interest rate cuts […]
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Peter Martin| The Conversation| 1 October 2019 https://theconversation.com/0-75-is-a-record-low-but-dont-think-for-a-second-the-reserve-bank-has-finished-cutting-the-cash-rate-124499 Anyone who thought that with the Reserve Bank’s cash rate now close to zero, its run of interest rate cuts was over, needs only to read the last sentence of Governor Philip Lowe’s announcement after Tuesday’s cut: The Board will continue to monitor developments, including in the […]
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Jack Derwin| Business Insider| 12 August 2019 https://www.businessinsider.com.au/the-rba-is-now-considering-the-drastic-measure-of-negative-interest-rates-meaning-you-could-be-paid-to-borrow-money-from-the-bank-2019-8 Australians could soon be paid to borrow money from banks for the first time in history, as the Reserve Bank of Australia (RBA) says it’s prepared to take extraordinary steps to stimulate the economy. Facing up to the government’s standing economic committee on Friday, RBA governor Phillip […]
[...]Peter Martin| The Conversation| 9 August 2019 https://theconversation.com/rba-update-governor-lowe-points-to-even-lower-rates-121690 Reserve Bank Governor Philip Lowe has said two things about unemployment in the past few weeks. Together, they lead to an inescapable conclusion. The first was in a speech in May, expanded on in a speech in June. At both times the published unemployment rate was 5.2%. […]
[...]Jacob Passy| Market Watch| 13 August 2019 https://www.marketwatch.com/story/a-danish-bank-is-offering-mortgages-with-negative-interest-rates-why-you-shouldnt-wish-for-that-to-happen-in-the-us-2019-08-12 It’s safe to say that mortgage rates have never been lower in Denmark. In fact, they’re now negative. Denmark’s Jyske Bank , is now offering a 10-year fixed-rate mortgage at negative 0.5%. Additionally, Finland-based Nordea Bank announced Wednesday that it will offer a 20-year fixed-rate mortgage in […]
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Stephen Letts | ABC | 3 July 2019 https://www.abc.net.au/news/2019-07-03/what-the-rate-cuts-mean-for-you/11273500?section=business Who said Australia’s big four banks run an oligopoly? Key points: The big banks have passed on between 80-88 per cent of the two RBA rate cuts Very little separates the ‘big four’ standard variable mortgage rates, which range from 4.92pc to 4.98pc The rate cut […]
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While the housing market is strong, there are signs it’s slowing. Under these conditions knowing whether buyers can get finance will be key. The white-hot price gains of March moderated in April. Sydney auction clearance rates of about 90 per cent in March have also slowed to about 80 per cent and Melbourne has ticked down […]
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The government and the Reserve Bank want to see the property market grow to boost the post-pandemic economy, but many experts believe that the banking regulator will soon put up roadblocks to stop the market running away from itself. What happens to the real estate agents, mortgage brokers etc if it suddenly becomes hard to […]
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Karen Maley| Australian Financial Review| 21 April 2021 APRA’s daunting double challenge (afr.com) Wayne Byres, the boss of the country’s prudential regulator, might like to insist that it’s not his job to solve the problem of soaring house prices, but astute bankers have a different view. They believe it’s likely to be only a matter of time […]
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MFAA| 3 March 2021 Mortgage brokers record highest ever December quarter market share | MFAA The mortgage broker channel has recorded its highest ever market share result for the December quarter with brokers settling 59.4 per cent of all residential home loans during October – December 2020, according to the latest data released by research group comparator, a […]
[...] Euan Black| The New Daily| 2 February 2021 Home owners warned against rushing to fix their mortgages (thenewdaily.com.au) Home owners are being told to do their research before fixing their mortgages, after the Reserve Bank held interest rates at 0.1 per cent on Tuesday. With little room for interest rates to fall further and negative […]
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“Old generals always fight the previous war” goes the old adage – many of the old arguments are being rolled out by both sides in the proposed changes to Responsible Lending rules. But, as we enter 2021 and a likely busy property market, Accredited Broker believes Responsible Lending is yesterday’s argument. At the heart of […]
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Nathan Mawby| Real Estate| 19 September 2022 How all the bloomin’ rate rises are affecting the spring market and you – realestate.com.au Interest rate hikes have piled on hundreds of dollars of hip-pocket pain for anyone with a mortgage and reshaped the property market this year. After five rate hikes in as many months, a […]
[...]Tim Boyd| Australian Financial Review| 13 August 2019 https://www.afr.com/companies/financial-services/asic-loses-landmark-case-against-westpac-20190813-p52ggy In a landmark case for responsible lending, the Federal Court has dismissed allegations against Westpac, brought by the corporate regulator, that it breached responsible lending laws more than a quarter of a million times. Justice Nye Perram told a Sydney court room on Tuesday morning that […]
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AFCA Media Release 15 July 2019 https://www.afca.org.au/news/media-releases/afca-delivers-83m-win-for-consumers-and-small-business/ Australian consumers and small businesses with financial complaints have collected over $83 million through the Australian Financial Complaints Authority (AFCA) in its first six months of operations. AFCA’s Six Month Report which was published today reveals the complaints body has received over 35,000 complaints, far exceeding initial forecasts. The report […]
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Matthew Cranston | The Australian Financial Review | 21 May 2019 https://www.afr.com/news/economy/rba-signals-june-rate-cut-20190519-p51p12 Reserve Bank of Australia governor Philip Lowe has given his clearest signal yet that interest rates will be cut next month, suggesting that a recent rise in the unemployment rate was enough to prevent inflation targets from being met. “A lower cash rate […]
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James Frost & John Kehoe | The Australian Financial Review | 20 May 2019 https://www.afr.com/real-estate/residential/property-s-bumper-policy-week-will-lift-house-prices-soon-20190524-p51qpk A suite of favourable policy proposals and drivers of property demand that materialised this week will not be enough to reverse falling house prices immediately but leading industry executives say a bounce is not far off. The shock re-election of […]
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Michael Bleby & Tim Boyd | The Australian Financial Review | 23 May 2019 https://www.afr.com/real-estate/residential/people-are-ringing-for-appraisals-agents-feel-post-election-pickup-20190523-p51qde Sydney’s housing market has welcomed the end of the federal election campaign, with vendors and buyers shaking off the uncertainty about negative gearing and capital gains tax changes. “It was pretty much Monday morning,” said Paddington agent Catherine Dixon of […]
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James Frost | The Australian Financial Review | 21 May 2019 https://www.afr.com/business/banking-and-finance/apra-scraps-7pc-home-loan-buffer-20190521-p51phr The Australian Prudential Regulation Authority has written to banks proposing the 7 per cent serviceability buffer on home loans be removed, in good news for borrowers and the property market. APRA’s serviceability buffers were introduced in December 2014 as a way of tempering […]
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Our head office is located in North Sydney. However, Accredited Broker has offices and training areas nationwide. Level 3 /97 Pacific Hwy North Sydney NSW 2060
POST PO Box 6478 North Sydney NSW 2059
1300 136 947