The individual ran a scheme used by a former Westpac home loan manager who encouraged unsuitable investor loans
The ex-director of an advisory firm aimed at first home buyers has been accused of failing to pay commissions to his staff
With the announcement of two new appointments, the firm continues in its aim to grow and nurture the broker channel
The Prime Minister has also urged consumers to be more prudent and avoid over-committing themselves with excessive loans
Rising house prices in Australia are impacting household debt levels and labour participation rates according to research from the University of Sydney
Building society Newcastle Permanent has delivered a net profit after tax in excess of $40m, with growth in its loan book a key contributor to the result.
House prices have moved out of reach of average single income Australians in all but two capital cities according to research from an online home loan comparison portal.
Total commissions paid to mortgage brokers in Australia pushed past $1.1bn in the year to August thanks to growing broker market share, rising loan values and tweaks to commission structures
Sydney is among the world’s cities most at risk of a housing bubble according to research from global investment bank UBS.
Industry super fund-owned bank ME remains on a strong growth path, with the non-major lender announcing a healthy profit increase across the 2016 financial year