The banned director breached general credit licensee conduct obligations, made false statements to ASIC and more
The changes will apply on select variable rate principal and interest products
The announcement will see the continuation of a long term relationship providing LMI insurance to the bank’s broker business
The trend has been sparked by tougher lending standards for small businesses and presents an opportunity for growth for brokers
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