The lender has introduced a tighter mortgage policy which will affect apartment buyers in certain areas of Perth and Brisbane
A recent merger and the opening of 13 new bank branches has set the stage for brokers to work with the lender in future
Several non-major banks have called for greater scrutiny of bank-owned aggregators to boost competition in finance
The leadership role will be filled by a financial services training expert with 14 years of experience in the industry
Non-bank lenders and second tier banks are being given a leg up by Mortgage Choice with the franchise group urging its network to consider alternatives to the major banks.
The fall-out from the federal budget and the RBA's decision to leave rates on hold has seen consumer confidence fall in May.
Pointing once again to the strength of the local banking sector, the governor of the RBA, Glenn Stevens, said Australia was "well placed" for a recovery from the current turmoil.
Following the introduction of its new mandatory accreditation requirements, Westpac has entered into discussions to set a broker "re-accreditation fee".
As part of the small business community, brokers have been offered some incentives in the federal budget.
Mortgage broker Stan Marinis has won his case against lead provider, HLSS, after its director Mark Whittingham failed to show up to the VCAT mediation.