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How Does Pay Per Application Work for Mortgage Brokers?

Australian mortgage brokers are under more pressure than ever. According to recent industry surveys, 80% of brokers feel buried by admin work, while struggling with rising full-time staff hiring costs, compliance demands, and fluctuating lending volumes.  They...

The Top 7 Risks That Slow Mortgage Broker Growth

Most mortgage brokers don’t struggle with clients’ demands. They struggle with what happens after it grows up. In fact, brokers now handle a larger number of home loan applications in Australia, with an increasing number of lending volumes. Yet many brokers still see...

In-House vs Outsourced Mortgage Processing: Which Option is Best for Australian Brokers?

The March 2026 settlement figures are in and for many Australian brokers, they are the 'reality check givers'. Starting up with the Loan volumes are steady, with some segments even experiencing growth, but the time it takes to complete those files is unprecedentedly...
10 Signs How A Bad Bookkeeping Can Sink Your Business?
10 Signs How A Bad Bookkeeping Can Sink Your Business?

The term "bad bookkeeping" describes a company's financial record-keeping procedures that are erroneous, lacking, or chaotic. It entails incorrect transaction recording, incorrect revenue or expense classification, and incorrect account reconciliation. To preserve...

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How to Grow Your Network Using Social Media Analytics?
How to Grow Your Network Using Social Media Analytics?

For the vast majority of people globally, social media continues to be one of the most important sources of information. Some lose their appeal with time, like Google+, assuming you can still recall that kind of network, while others gain popularity over time, like...

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Why Is Business Reporting Important For Business Success?
Why Is Business Reporting Important For Business Success?

Ever feel like you're driving your business forward while only occasionally glancing in the rearview mirror? You have a general sense of where you're going, but the details are blurry. Is that warning light for your business cash flow depleting fast than you...

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How To Choose The Best Mortgage Aggregator
How To Choose The Best Mortgage Aggregator

In the mortgage broker industry, aggregators function as a kind of lead funnel, reducing the risk associated with secured investments for brokers. Aggregators also provide mortgage brokers with a plethora of business tools and marketing collateral to help them thrive....

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TOP AI RECRUITING TOOLS IN 2024
TOP AI RECRUITING TOOLS IN 2024

Not too long ago, AI stood for Allen Iverson, the legendary basketball player best known for his rim-attacking style and knack for shattering ankles. AI is upending businesses left and right, and the labour market is one area where it's having a big influence. When...

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Why You Need a Business Growth Plan
Why You Need a Business Growth Plan

We know the reasons are important — so why do we believe creating a business growth plan is crucial, even for established businesses? There are many reasons, but here are three that apply to almost all businesses at some point: Funding: Most businesses are always...

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Changes and Trends in the Mortgage Brokerage Business
Changes and Trends in the Mortgage Brokerage Business

The mortgage brokerage business is changing a lot in today’s market. New technology, updated regulations, and changing consumer preferences are transforming the industry, creating both challenges and opportunities. At Proowrx, we are closely observing these...

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Top Financial Tools To Help With Business Growth
Top Financial Tools To Help With Business Growth

Financial tools make budgeting, managing money, and doing calculations faster and easier. Here’s how they can help your business: Budgeting and Balancing: Track expenses, payroll, and income to find ways to save money. Using the Cloud: Store financial information...

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