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”
ASIC has permanently banned a former finance broker from engaging in credit activities and providing financial services after she entered a guilty plea to three criminal charges.
Research by non-bank lender Liberty shows debt consolidation, in particular credit card debt, has become a key behind demand for personal loans
Despite an increase in demand from investors, July saw Australian mortgage approvals hit their lowest point since January
Australian Broker reveals the shortlist for this year’s Australian Mortgage Awards
An independent review into remuneration in the banking industry has extended its deadline for submissions.
New figures show August saw a small increase in demand for fixed rate home loans as borrowers looked to make the most of the low interest rate environment