Breaking news

  • ASIC cancels property spruikers' credit licence by Adam Smith

    ASIC has cancelled the credit licence of a company pushing SMSF property investment

  • Major bank cuts rates to all-time low by Julia Corderoy

    A major bank has reduced its standard variable rate to the lowest in the bank’s history following the decision of the Reserve Bank to cut the official cash rate to 2%

  • ASIC cracks down on AFS licensees by Julia Corderoy

    ASIC has cancelled the AFS licences of four licensees that failed to lodge audited annual statements

  • Wave of rate cuts begins by AB

    Lenders have responded to the Reserve Bank’s decision to cut the official cash rate by 25 basis points to 2% yesterday by announcing cuts to their borrowing rates

  • Major bank sees strong broker growth by AB

    A major bank has reported strong sales for its broker channel outstripping those of its proprietary channel

  • Aggregator claims new loan record by Julia Corderoy

    The housing market’s strong 2015 performance continued during April with a major aggregator claiming a new record for the month