The big four bank has increased its rates on interest only loans, saying the move has nothing to do with the bank levy
The non-major has decided to bring together its third party and direct business units under one leadership position
The social media session is in line with National Finance Brokers Day and hopes to connect consumers with the top broking heavyweights
The move by the ratings agency has had no material impact on the big four banks, claims one independent investment firm
The RBA has not closed the door on further rate cuts, according to the minutes of its Monetary Policy Meeting held on the 2 June, and released today
First home buyers have provided the first green shoots of housing market recovery, but it will be investors that carry the torch in the coming year, predicts BIS Shrapnel.
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".