The tool will be compulsory for brokers and will ensure clients fully understand the financial effects of interest only repayments
The purchase of the small-ticket asset-backed finance firm will see the company change hands for the first time in almost 20 years
The Reserve Bank has acknowledged the broking community for boosting competition, transparency and consumer outcomes
The industry association has slammed the point of sale vendor introducer exemption as “bad public and competition policy”
Major mortgage broking franchise Aussie Home Loans expects to generate in excess of an additional $300m in home loan settlements for the 2017 financial year after increasing its retail presence in Queensland
Mortgage arrears increased across Australia in the June quarter, driven by conditions in regional markets.
Online home loan HashChing has attracted another major name with former Mortgage & Finance Association of Australia (MFAA) chief executive officer Siobhan Hayden joining its advisory board.
Major car and asset finance provider stratton has put innovation at the forefront with the appointment of a new senior executive
An overhaul of land tax arrangements has had significant impact on the property market in the Australian Capital Territory and in turn is saving mortgage holders thousands of dollars per year
The Finance Brokers Association of Australia (FBAA) has promised to deliver the Australian government comprehensive research on commissions as it continues to push for the current commission structure to be retained