The major bank is said to be in discussions for John Symond’s remaining shares within the mortgage franchise
The appointment is the start of a bigger transformation with further sales staff and broker support on the horizon
Analysts have predicted a further increase in 30 plus day arrears, putting added pressure on resource-reliant states
A national banking association will present politicians with a plan to deliver sustainable competition within the industry
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.