The bank has also adjusted its LVR cap on residential investor loans, citing tighter regulations by regulators as the cause
The big four bank has increased its mortgage rates for owner-occupiers as well as investors
The big four bank has updated both its variable home loan and business loan interest rates
A national aggregator has confirmed that the proposed shadow shopping of Australian brokers should be starting soon
Police allege that 11 people, including one mortgage broker, conspired on fraudulent loans for the national president of the Nomads bikie gang.
Liberal MP John Anderson has admitted that negative gearing is pricing many first-home buyers out of the market.
A selection of major real estate players have questioned the decision of three major banks to stop lending to foreign property buyers.
An increased wariness of risky loans among lenders will mean borrowers must pay larger deposits, says Georgette Nicholas of insurers Genworth.
Dr. Mark Sinclair of Mentor Education believes that, as limited financial advisers, mortgage brokers should only study relevant subjects as part of a degree.
ANZ third-party leader Keiran Evans has left the bank, with Simone Tilley taking up the new role of Head of Broker Distribution.