The major banks have also condemned the state’s surprise budget move, expressing their concerns about the newly announced levy
The move gives brokers access to an expanded product range and the opportunity to meet a wider range of client needs
A new study has found that households with higher levels of debt are more likely to borrow more as house prices rise
The number of new dwellings in Sydney is soaring, which the government says shows its affordability measures are working
In a move that will likely come as a surprise to many the Reserve Bank of Australia has elected to cut the official cash interest rate following today’s board meeting
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.