The regulator has revised its ADI guidelines to ensure sound lending practices are further enforced across the finance industry
A note sent by a big four bank has targeted 'inactive' brokers, taking away their accreditation and freezing new loan applications
The big four bank has said it wishes to lead industry change by delivering insights to brokers through a genuine partnership
The online lender has also passed a significant milestone delivering more than $250m of small business loans across Australia
A leading mortgage broker has hired a bank's former high-profile third-party head as general manager
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.