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”
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
Australians are suffering under weight of personal loans, which could be preventing many from securing mortgages
New figures suggest many Australians are embracing a move to rural climes once again.