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January 12, 2021
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By Annie kane The Victorian government has announced an investment of over $293 million to fund a stamp duty concession of up to 50 per cent for homes valued at up to $1 million. The move has been announced in the Victorian Budget 2020/21, which invests $1.5 billion in new tax relief for Victorian businesses and families. This includes...

January 11, 2021
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By Malavika Santhebennur Less than half of all homeowners know their current home loan interest rate despite homeowners ranking paying off their mortgage as their top priority, figures revealed. New research by Mortgage Choice has found that only 46.5 per cent of Australian homeowners were aware of their current home loan interest rate. The research...

January 9, 2021
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By Malavika Santhebennur With brokers having to rapidly adapt to COVID-19-related restrictions in 2020 by conducting client meetings over video conferences, one non-major bank wonders what brokers’ operating models will look like in 2021. ING head of third-party distribution and direct mortgages, Glenn Gibson highlighted that 2020 was a year of change and adoption, particularly...

December 29, 2020
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Written by Emily Hutchinson, (REPOSTED from realestate.com.au) Top 10 most viewed listings 2020 – realestate.com.au The year 2020 has been tough to say the least and many Australians have spent time in lockdown seeking out their dream home as a means of escape. And it appears lush coastal properties in regional settings were the big...

December 28, 2020
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Authored By Annie Kane Lenders and brokers will need to take a consumer-centric approach to how they design and distribute mortgages, as outlined in a new regulatory guide from ASIC. The financial services regulator has released its guide for the product design and distribution obligations (DDO) for financial products. The new obligations, which take effect...

December 23, 2020
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Main Article by Ira Zlotowitz Forbes Council Member, Contributing remarks by Sylvia MacFarlaine – MVM Senior Coach/Mentor/CEO & Founder. You may be good. But are you indispensable? As various forms of technology, data collection and social media penetrate more deeply into our profession, there’s a degree of misapprehension about long-term viability of Mortgage and Finance...

December 22, 2020
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What makes My Virtual Mentor such a special coaching platform, and what can mortgage brokers gain from connecting with it? CEO Sylvia MacFarlaine shares her insights and strategies for increasing pipelines, tightening processes and improving credit skills.  With over 26 years experience in Financial Services, Sylvia has a wealth of experience across the broader finance...

December 21, 2020
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By Madison Utley A non-major bank has worked closely with the Finance Brokers Association of Australia (FBAA) to launch a free health and wellbeing assistance program for mortgage brokers and their families. Suncorp executive general manager of consumer lending, Bruce Rush, said the initiative makes clear the group’s continued commitment to supporting its broker partners....

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Copyright © MY VIRTUAL MENTOR. All rights reserved. Web Site by ASM Media