The Reserve Bank of Australia has announced its December decision on whether the official cash rate will hold, drop or rise
The regulator has banned the former finance broker after he was found to be engaged in misleading conduct
A new survey by an Australian mortgage marketplace has found the majority of brokers predict one or more rate increases next year
The major banks are attributing the rate increases to continued elevated funding costs
A non-major bank's loan book continued to grow during the last financial year, despite an overall decrease in earnings.
At Australian Broker, we love a bit of healthy discussion. This week, we look at some grey areas in ASIC's guidelines.
RP Data has today announced a new partnership designed to put the Australian mortgage industry at the forefront of the digital revolution.
As property prices continue to rise and lenders fight for market share, borrowers are increasingly opting for loans with terms of up to 40 years – and brokers are being warned to be cautious.
ASIC has called for harsher penalties in the financial services sector to help remove ‘bad apples’ from the industry.
As brokers complain of unfair age-based policies by lenders , a recent decision should give clarity around lending to older borrowers.