Monthly Archives: December 2014

BREAKING – Brokers dominate mortgage growth – Australian Broker Online

Mortgage brokers were responsible for 67% of the growth in the mortgage market in the year to September, according to research group ‘comparator’. The research commissioned by the Mortgage and Finance Association of Australia showed that of the $56.2 billion increase in mortgage lending in ABS Housing Loan statistics, brokers accounted for $37.7 billion, comparing […]

ASIC cracks down on property promoter for providing unlicensed financial product advice – Australian Broker Online

Property investment promoter, Park Trent Properties Group has been taken to court by ASIC for unlawfully promoting the use of Self Managed Super Funds to purchase investment property.  ASIC alleges and is seeking declarations that Park Trent is unlawfully carrying on a financial services business without an Australian financial services licence. According to the regulator, […]