Despite recent negative reports into brokers, aggregators have called for better consultation with consumer groups and the community
The bank also increased the total number of broker originated loans by 40% during the 2017 financial year
Releasing its annual financial results, the bank has also shown growth in its loan book of 4% across the year
New research into top players in the Australian property industry shows a positive outlook despite tougher lending conditions
Yesterday the prime minister indicated the boosted first home owners grant would not be extended beyond the 30 June. Today, reports in the Daily Telegraph and Herald Sun suggested it would be extended when the Budget is announced on 12 May.
Westpac has cut its maximum LVR for new borrowers who are not already a client of the bank.
The disciplinary rules which allow the MFAA to suspend and expel members for misconduct have received the backing of the government's competition watchdog
Australia could be headed towards a US-style crisis due to the Prime Minister's "unemployment bail out plan", says managing director of Wilson National, Geoff Wilson.
The mortgage processing crisis currently crippling brokers appears to be getting worse after a RAMS BDM revealed they are a full month behind on assessing deals.
St George Bank has sent out a lucid message to brokers - the future of trail payments is in their hands.