If lenders opt to pay lower commissions, one major franchise could be heavily impacted due to its remuneration model
The major lender has chosen to once more accept refinancing applications for P&I loans following APRA’s tighter IO guidelines
The non-bank’s third transaction in the past 12 months correlates with a growing market presence for the firm
The second tier bank wants to become the intermediated bank of choice with brokers and financial advisers
Westpac has announced the long-time deputy chairman John Curtis will step down from the bank’s board in April.
The newest entrant into the Australian commercial lending market has vowed to ramp up competition in the sector and give brokers better alternatives.
A mortgage brokerage and financial services firm has announced the launch of a new partnership designed to give the business “access to a new and diverse range of clients”.
A Japanese lender has announced its plans to target the Australian commercial market as statistics show Asian banks have increased their share of business credit.
Firstfolio has announced the company’s interim CEO has agreed to stand down from his position following recent issues with the firm’s recapitalisation proposal.
NAB group executive Gavin Slater says the current mortgage market is one of the most competitive in history, providing the ideal environment for home buyers.