The changes apply to interest only and investment lending as a result of continuing regulatory requirements
The MFAA and FBAA have expressed concern about recommendations found in the recently released Sedgwick review
The executive director of the national industry association has mentioned a number of key industry issues with Malcolm Turnbull
Australia’s leading aggregators have had mixed responses to Sedgwick’s proposed changes to third party remuneration
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.
A major bank has slashed its two- and three-year fixed-rate loans.
The broker industry has undergone a raft of changes in the last five years, and brokers and banks need to work together to ensure customers receive the best possible service, says NAB head of broker distribution Steve Kane.
A top NAB exec has taken a swipe at the bank's competitors for “aggressive” tactics designed to gain market share.
Following a Melbourne broker’s ban for failing to verify documents, lenders and aggregators have been called on to help brokers meet ASIC requirements.