A third major bank has announced an increase of its variable property rates for investors
The bank has announced higher variable interest rates in an effort to balance stakeholder needs amidst rising bond rates
The CIO has rejected the Ramsay Review’s proposed single industry Ombudsman, saying it will only benefit the big banks
The new president has promised to continue advocating for negative gearing and to improve standards in the real estate industry
The MFAA has expelled a Sydney broker for submitting fraudulent documents to a lender.
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.