Property

Aug
21

Fintech launches broker version of ‘Fitbit’

HashChing has introduced a Fitbit-like service which allows brokers to “dig deeper” into analytics, track performance and hold themselves “accountable to customers”. The upgrade is centred on a new performance analytics function that measures each broker’s personal metrics, including the number of reviews, the average response time and success rate. By allowing brokers to track their performance indicators and understand how those indicators impact overall ratings, HashChing hopes that the dashboard will act as a “powerful motivator” for brokers to improve service. Atul Narang, chief information officer of the fintech, said that the update was made in response to industry discussions around driving positive consumer outcomes in the mortgage industry. […]

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Aug
16

Australian FinTech Launches Australia’s Only Dedicated FinTech Jobs Platform – Australian FinTech Jobs

The team behind the highly successful Australian FinTech website have soft-launched their FinTech employment marketplace platform, Australian FinTech Jobs. Founder and CEO, Cameron Dart, says AustralianFinTechJobs.com.au has been born on the back of the highly successful Australian FinTech website and growing demand from the local FinTech community to have a dedicated employment platform for the sector. AustralianFinTechJobs.com.au is Australia’s only dedicated platform for FinTech companies and Recruiters to promote FinTech, financial technology, financial services, banking, legal and IT employment opportunities in Australia. “Australian FinTech have built a new jobs startup for fintechs and startups about startups, fintechs and jobs” “When people think of ‘FinTech’ in relation to employment, they might […]

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Aug
10

Locked out of property market? Five better places for Millennials to put money

By Clayton Howes – CEO of MoneyMe Life sucks for an aspiring property owner right now. You probably already know that the average price of a house in Australia ($656,800) is several (eight) times that of the average full-time yearly income ($78,832). You’ve probably already heard that in the past five years alone, wages have grown significantly slower (13 per cent) than house prices (41 per cent), especially if that house is in Sydney (70 per cent). It’s enough to make you want to drown your sorrows in the most expensive smashed avo and latte combo available! But honestly – enough, already. If you’re as bored as I am of […]

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Aug
07

Will property crowdfunding take off in Australia?

Investors who feel bewildered by the ever-changing regulations on bank loans and costly mortgages should consider entering the Australian property market through crowdfunding. A new study conducted by the University of South Australia (UniSA) in partnership with DomaCom, suggests that crowdfunding could become a viable new vehicle for investors trying to make headway into the country’s increasingly challenging property market. Braam Lowies, the study’s lead researcher, noted that while the concept was relatively new in Australia, it had been successful in the United States and United Kingdom for approximately seven years. Young investors should consider crowdfunding A survey conducted as part of the study showed that crowdfunding attracted a mix […]

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CommSec founder Paul Rickard is investing in HashChing and joining its board

CommSec founder Paul Rickard and finance media figure Marty Switzer are joining the board of Australian online mortgage marketplace startup HashChing after joining in the company’s $6 million capital raising round. “The HashChing business model of connecting home loan borrowers with customer reviewed brokers and the best rates is unique, and I am excited by the investment opportunity,” said Rickard. Rickard founded the CommSec online retail stockbroking service in 1994, and served as its managing director until 2002. He also served as Commonwealth Bank’s executive general manager for payments and business tech until 2009. HashChing, which has been recently incrementally extending out from purely mortgages to services like home insurance […]

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Jul
19

BRICKX busts into Balmain with bricks from $140

BRICKX is offering Bricks in a house in Balmain from $140 from this Thursday.   CEO Anthony Millet expects BRICKX’s 13th property to be popular with investors looking for exposure to the sought-after residential real estate market in Sydney’s inner-west.   “BRICKX strives to make property investment affordable and we’re thrilled to provide access to this architect-designed freestanding cottage in Balmain at an entry price of $140 per Brick,” Mr Millet said.   CoreLogic figures show median house prices in Balmain have increased by 13 per cent per year over the five years to the end of April 2017.   The three bedroom, one bathroom house on Clayton Street has […]

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FinTech Interviews: Uno Home Loans

In the second of Matthew Parker’s series interviewing FinTech CEOs, he sat down with Vincent Turner, the CEO of Uno Home Loans. Matthew Parker: There have been a few new Mortgage brokering businesses launch over the past 2 years, why is this happening now? What has created the right circumstance for this to occur? Vincent Turner: Good question… One of the drivers is that it’s one of the last transactions left to do digitally. People are now more comfortable applying for financial products online such as credit cards and loans, not just researching and comparing. As people become more comfortable transacting online with their holidays or flights or clothes, they […]

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Jul
11

Sydney fintech HashChing just digitised conveyancing

Online mortgage marketplace HashChing has announced a new partnership for digital conveyancing. The Sydney fintech is now offering the services of electronic conveyancing marketplace Titlexchange, with the pilot limited to Victoria for now before a general rollout later. HashChing chief information officer Atul Narang said that the legal paperwork can be a bottleneck in the traditional home purchase process. “Borrowers are at the mercy of conveyancers, who can sometimes drag the process out unnecessarily and worse – charge more for their own delay,” he said. The integration into the HashChing platform allows users to access fixed-price conveyancing through Titlexchange without having to go offline to provide ID and personal data. […]

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