If lenders opt to pay lower commissions, one major franchise could be heavily impacted due to its remuneration model
The major lender has chosen to once more accept refinancing applications for P&I loans following APRA’s tighter IO guidelines
The non-bank’s third transaction in the past 12 months correlates with a growing market presence for the firm
The second tier bank wants to become the intermediated bank of choice with brokers and financial advisers
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.
A survey from Finder.com.au shows that the vast majority of industry experts does not expect the RBA to lower its cash rate from 2%.