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 major mortgage franchise has called on the government to introduce a raft of changes incorporating ASIC’s mandate, financial literacy and home loan advertisements, in order to improve the country’s financial system.
As of this week Australian banks will be accountable to a new code designed to improve the rights for their customers.
A broker who has gained over 16,000 followers and over 4,000 leads from Facebook in less than three years has said others in the industry lack strategy when it comes to social media.
Second-tier banks have refuted claims from brokers that there is a lack of flexibility and product innovation amongst the non-majors.
Two more lenders have joined the recent bevy of rate cuts, upping the anti in the fight for market share.
ASIC has been busy over the past six months cracking down on those in the financial services industry - and brokers have been in the spotlight.