The competition watchdog has hinted it may further broaden its regulatory powers to look beyond Australia’s big four banks
The bank has changed its genuine savings requirements after a leading LMI provider updated its underwriting policy
The lender has thrown its support behind the proposed bank tax while reporting modest home loan growth in its latest financial results
The number of delinquent housing loans has decreased for the second month running with non-banks recording the best improvement
The mortgage market is set for significant adjustment as the demographic of the average buyer continues to evolve, with brokers advised to keep up with the times.
In its latest commentary, the Reserve Bank of Australia has voiced concerns over a Chinese economic slowdown – though brokers should not be overly fearful.
Co-ownership is an increasingly viable option for first home buyers, with brokers urged to be vigilant over joint-purchases.
Latest statistics from the AFSA show more than 7,000 Australians have gone broke in the last quarter, with Queensland and Western Australia hit particularly badly.
Small improvements in housing affordability make no difference to overall picture, says CEO of MFAA, Siobhan Hayden
Federal budget will tackle public services, with knock-on benefits for broker industry