A credit ratings agency has downgraded ratings for 23 financial institutions across Australia
Westpac becomes the first of the five major banks to reveal how much the bank levy will set it back
The proposed levy would be linked to water rates on investment properties with an annual income that exceeds a specific threshold
The bank has introduced a significant three-year discount for owner occupiers taking out a principal and interest loan
At Australian Broker, we love a bit of healthy discussion. This week we look at some solutions to the issue of trail portability.
Aggregators who claim resistance towards broker trail portability sits with the lenders are simply 'passing the buck', says Connective director Glenn Lees.
A major bank has recorded half-year profits of over $4.27bn, while rebuking claims the bank receives an unfair advantage.
A recent entrant into the broker channel has today announced a 0.39% reduction on its 3-year fixed rate home loan.
An unexpected drop in the number of home loan approvals highlights the need for the RBA to remain on the interest rates sideline, according to 1300HomeLoan.
ASIC commission Greg Tanzer has defended the length of time taken to take enforcement action, while emphasising that jail sentences are not always the preferred option.