The Reserve Bank of Australia has announced its December decision on whether the official cash rate will hold, drop or rise
The regulator has banned the former finance broker after he was found to be engaged in misleading conduct
A new survey by an Australian mortgage marketplace has found the majority of brokers predict one or more rate increases next year
The major banks are attributing the rate increases to continued elevated funding costs
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.