The major banks have also condemned the state’s surprise budget move, expressing their concerns about the newly announced levy
The move gives brokers access to an expanded product range and the opportunity to meet a wider range of client needs
A new study has found that households with higher levels of debt are more likely to borrow more as house prices rise
The number of new dwellings in Sydney is soaring, which the government says shows its affordability measures are working
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.