Articles From Financebroker.com.au feeds from financebroker.com.au http://financebroker.com.au/rss/ en-au OMG http://financebroker.com.au/rss/ http://financebroker.com.au/static/campfire/layouts/images/omg-logo-small.png Shifts From Mortgage Brokers To Home Loan Comparison Websites http://www.financebroker.com.au/articles/shifts-from-mortgage-brokers-to-home-loan-comparison-websites/ Mon, 23 May 2011 00:00:00 EST Shifts From Mortgage Brokers To Home Loan Comparison Websites Today, more than ever, Australians are turning to the internet for their home loan needs. The internet makes shopping for a home loan a fairly simple task and many Australians are choosing to use home loan comparison sites over a home loan broker. In the past you either had to pay a home loan broker to assist in finding the best home loan for you, or if ... Today, more than ever, Australians are turning to the internet for their home ... Not alone if seeking a home loan http://www.financebroker.com.au/news/2011/3/26/not-alone-if-seeking-a-home-loan/ Sat, 26 Mar 2011 00:00:00 EST news BORROWING money is difficult enough. Repaying the loan is another story entirely.While it can take little more than several hours or several days to negotiate and secure the money required to buy a house, it will take years of consistent effort to appease the lender.But first things first.The most-important factor in the process of making a dream home a reality is the ability to finance the project.Insufficient funding can result in compromise, and compromise can lead to disappointment.Rather th ... BORROWING money is difficult enough. Repaying the loan is another story entirely. Lifetime of commission for one bit of advice http://www.financebroker.com.au/news/2011/3/26/lifetime-of-commission-for-one-bit-of-advice/ Sat, 26 Mar 2011 00:00:00 EST news Like the plumber with the dripping tap, finance journalists are often guilty of letting their own finances slide. Somewhere out there a life insurance salesman is still collecting a tidy annual commission on a policy I bought more than 10 years ago.The commission is supposed to be a reward for giving me "advice" but what advice?At the time of purchase I knew how much insurance I wanted and was quite clear I didn't want to be sold a host of other products; his role was simply to save me ... Like the plumber with the dripping tap, finance journalists are often guilty of letting their own finances slide. Somewhere out there a life insurance salesman is still collecting a tidy annual commission on a policy I bought more than 10 years ago. the loan http://www.financebroker.com.au/news/2011/3/19/the-loan/ Sat, 19 Mar 2011 00:00:00 EST news THOUGH Australia's mortgage-broker industry is still relatively green (IBISWorld's 2011 Mortgage Brokers in Australia — Australian Industry Report puts it at 17 years old), the Mortgage Choice 2011 Recent First Home Owner Survey shows 40 per cent of respondents consulted with a mortgage broker for assistance with acquiring their mortgage.But despite the growing influence of mortgage brokers in the sale of mortgage products, the competence levels from one broker to the next varies sig ... THOUGH Australia's mortgage-broker industry is still relatively green (IBISWorld's 2011 Mortgage Brokers in Australia — Australian Industry Report puts it at 17 years old), the Mortgage Choice 2011 Recent First Home Owner Survey shows 40 per cent of respondents consulted with a mortgage broker for assistance with acquiring their mortgage. ANZ 'wanted broker gone' http://www.financebroker.com.au/news/2011/3/4/anz-wanted-broker-gone/ Fri, 04 Mar 2011 00:00:00 EST news ANZ planned to sell its custodian services division at least two weeks before it pulled the pin on a refinancing deal with margin lender Primebroker, and needed the company's fate resolved for that sale to go ahead, a court has heard.Internal bank documents, tendered to the Victorian Supreme Court yesterday, suggest the survival of Primebroker in mid-2008 was causing "issues" for the bank's plan to exit the custodian services business.Primebroker relied on the division to help clear it ... ANZ planned to sell its custodian services division at least two weeks before it pulled the pin on a refinancing deal with margin lender Primebroker, and needed the company's fate resolved for that sale to go ahead, a court has heard. Row breaks out over collapsed Roux empire http://www.financebroker.com.au/news/2011/2/28/row-breaks-out-over-collapsed-roux-empire/ Mon, 28 Feb 2011 00:00:00 EST news A ROW has erupted between the creditors of bankrupt hotel developer Bernard Roux and the trustee of his estate, as the search continues for the remaining assets of the flamboyant millionaire's collapsed empire.Such was Mr Roux's wealth, he once owned a private polo team and travelled by private helicopter to his Portsea mansion, next door to the home of trucking billionaire Lindsay Fox.That fortune has since evaporated, with Mr Roux declared bankrupt in December with an estimated $28 million of ... A ROW has erupted between the creditors of bankrupt hotel developer Bernard Roux and the trustee of his estate, as the search continues for the remaining assets of the flamboyant millionaire's collapsed empire. Someone's showing a preference for Elders http://www.financebroker.com.au/news/2011/2/18/someones-showing-a-preference-for-elders/ Fri, 18 Feb 2011 00:00:00 EST news Malcolm Jackman's team at Elders is no doubt ferreting around in its records to find out who has been mopping up the storm-tossed rural services group's preference shares.Technically known as hybrids, for being a teeny bit debt and mostly equity, more than 6 per cent of them have been traded so far this month - four times the average, and at a 32 per cent higher price of $65. Although still well short of their $100 face value, it is an extraordinary gain for a stock that has not paid a dividend ... Malcolm Jackman's team at Elders is no doubt ferreting around in its records to find out who has been mopping up the storm-tossed rural services group's preference shares. Someone is trying on Elders' hybrid boots http://www.financebroker.com.au/news/2011/2/18/someone-is-trying-on-elders-hybrid-boots/ Fri, 18 Feb 2011 00:00:00 EST news MALCOLM Jackman's team at Elders is no doubt ferreting around in its records to find out who has been mopping up the storm-tossed rural services group's preference shares.Technically known as hybrids, for being a teeny bit debt and mostly equity, more than 6 per cent of them have traded so far this month — four times the average and at a 32 per cent higher price of $65. Although still well short of their $100 face value, it is an extraordinary gain for a stock that has not paid a div ... MALCOLM Jackman's team at Elders is no doubt ferreting around in its records to find out who has been mopping up the storm-tossed rural services group's preference shares. Qantas boss Joyce grounds his tongue http://www.financebroker.com.au/news/2011/2/18/qantas-boss-joyce-grounds-his-tongue/ Fri, 18 Feb 2011 00:00:00 EST news The chief executive of Qantas, Alan Joyce, was careful yesterday to ensure there were no translation errors from his presentation of the airline's half year results.Explaining Qantas's plans to purchase of 10 Fokker 100 aircraft, the Irish-accented Joyce censored another word from his vocabulary.He declined to pronounce the full name of the aircraft and would only refer to it as the F100.Another word on Joyce's blacklist is "third". It should be an interesting day when Qantas takes del ... The chief executive of Qantas, Alan Joyce, was careful yesterday to ensure there were no translation errors from his presentation of the airline's half year results. Lower costs lift Challenger profits http://www.financebroker.com.au/news/2011/2/9/lower-costs-lift-challenger-profits/ Wed, 09 Feb 2011 00:00:00 EST news THE Challenger Diversified Property Fund has set the tone for the 2010-11 interim reporting season with a positive result driven by lower costs and higher revenue.The directors' commentary was cautiously optimistic but asset sales, capital management initiatives and declining rental incentives are all on the agenda for the next six to 12 months.During the half-year the fund sold one property in France as it refocused on Australia. It plans to sell the remaining French properties - collectively v ... THE Challenger Diversified Property Fund has set the tone for the 2010-11 interim reporting season with a positive result driven by lower costs and higher revenue. Inquiry into financial crisis finds no shortage of parties to blame http://www.financebroker.com.au/news/2011/2/5/inquiry-into-financial-crisis-finds-no-shortage-of-parties-to-blame/ Sat, 05 Feb 2011 00:00:00 EST news The seeds of the worldwide crisis were sown in the US as much as three decades ago, writes Eric Johnston. A DOCUMENT the size of a telephone book is doing the rounds of the boardrooms and being passed between executives of Australia's banks.Senior regulators have also been thumbing through the report, which dissects the origins of the financial crisis that is still sending shock waves through the global economy after three years.The 576-page report, published a little more than a week ago by the ... The seeds of the worldwide crisis were sown in the US as much as three decades ago, writes Eric Johnston. IMF boss signposts recovery http://www.financebroker.com.au/news/2011/2/3/imf-boss-signposts-recovery/ Thu, 03 Feb 2011 00:00:00 EST news THE head of the International Monetary Fund has warned politicians that while the recovery is under way, "it is not the recovery we wanted".IMF managing director Dominique Strauss-Kahn said the recovery was "beset by tensions and strains which could even sow the seeds of the next crisis".Speaking in Singapore, he argued that allowing emerging markets to grab the lion's share of global growth at a time when developed nations are weighed down by debts would create unsustainable ... THE head of the International Monetary Fund has warned politicians that while the recovery is under way, "it is not the recovery we wanted". Profile - Noel Whittaker http://www.financebroker.com.au/news/2011/1/26/profile-noel-whittaker/ Wed, 26 Jan 2011 00:00:00 EST news This finance guru knows a thing or two about achieving goals and helping others. Last year, a stranger stopped Noel Whittaker in the street to tell him how the finance expert's first book, Making Money Made Simple, had helped him stave off bankruptcy and eventually buy his mother a house."So many people tell me it's changed their life," says Whittaker, 71, who was awarded an Order of Australia in today's honours list for services to the community in raising awareness of the benefits of ... This finance guru knows a thing or two about achieving goals and helping others. Online Brokers http://www.financebroker.com.au/articles/online-brokers/ Sat, 15 Jan 2011 00:00:00 EST Online Brokers Online brokers have revolutionised the stock trading world and allowed many average investors to enter the stock market for minimal costs. As the name suggests, online stock brokers allow you to trade online using advanced trading software and the power of the internet. Just like a regular stock broker, you pay a fee to a brokerage house to conduct trading for you, but the cost is typically much lower. Many online stock brokers are considered ... Online brokers have revolutionised the stock trading world and allowed many av ... Debt Consolidation http://www.financebroker.com.au/articles/debt-consolidation/ Wed, 12 Jan 2011 00:00:00 EST Debt Consolidation With such easy access to credit, it is not hard to find yourself in some financial difficulty with a credit card, loans, bills and other living expenses. Debt can become overwhelming and you may be facing financial hardship. However, bad debt doesn't have to mean the end of your financial freedom. Many financial brokers can help you with debt consolidation. In many cases, they may be able to provide options that you could not access or wer ... With such easy access to credit, it is not hard to find yourself in some finan ... Business Credit http://www.financebroker.com.au/articles/business-credit/ Mon, 10 Jan 2011 00:00:00 EST Business Credit Business Credit is essential for many companies at different points of operation. It can be used to fill inventory or supply shortages, open up new opportunities and avenues for profit or allow the business to expand as the markets change and grow. If you need to organise credit for your business, it is a good idea to consider using a professional finance broker. Our specialist business finance brokers have experience with all differ ... Business Credit is essential for many companies at different points of operati ... Finance Restructure http://www.financebroker.com.au/articles/finance-restructure/ Thu, 06 Jan 2011 00:00:00 EST Finance Restructure One reason people visit a finance broker is to restructure or consolidate their existing debts. It's easy to take on debt from multiple sources, and when this happens, it makes sense to eventually consolidate debt into a single form. Even with bad credit or bad debt, our professional finance brokers may be able to provide a solution for you to restructure finance. If you are a homeowner, you may be able to refinance your home loan to rest ... One reason people visit a finance broker is to restructure or consolidate thei ... New Or Used Car Finance http://www.financebroker.com.au/articles/new-or-used-car-finance/ Mon, 03 Jan 2011 00:00:00 EST New Or Used Car Finance New or used car finance for business or personal use can be found though a car finance broker. While often people organise car finance themselves, using a car finance broker could save you money on a new or used car. From arranging a cheaper interest rate to taking care of loan applications, a car finance broker can help you with a loan to buy a new car or used car. We have car finance brokerslisted online that specialise in both used and new ... New or used car finance for business or personal use can be found though a car ... Refinance Home Loan http://www.financebroker.com.au/articles/refinance-home-loan/ Thu, 23 Dec 2010 00:00:00 EST Refinance Home Loan Refinancing home loans is a speciality for many finance brokers, and choosing to refinance a home loan does not have to be a difficult experience. There could be some great savings or benefits to refinancing your mortgage, and our financial professionals are only too happy to find a better deal for on your home loan. Many people decide to refinance their home mortgage as their situation changes. For example, if you have c ... Refinancing home loans is a speciality for many finance brokers, and choosing ... Home Loan http://www.financebroker.com.au/articles/home-loan/ Mon, 20 Dec 2010 00:00:00 EST Home Loan Home loans allow you to own property, build equity and contribute to your future financial wellbeing. Whether it is your first home loan, or you are in the process of moving house, a home loan is one of the biggest financial commitments you can make in your entire life. With so many products on the market and a large amount of money at stake, it makes sense to consider a professional finance broker. A mortgage finance broker specialises in getting ... Home loans allow you to own property, build equity and contribute to your futu ...