The bank’s latest financial figures also show the lender is on track to meet APRA’s interest only and investor speed limits
The regulator has said it has issued compulsory information notices to the banks who must now justify their interest rate decisions
The lender has announced these new policy changes as a result of tighter requirements enforced by APRA
As well as urging for a higher cash rate, the former treasurer has also proposed allowing foreign ownership of the big four banks
A non-major is boosting its appeal by offering its accredited brokers extra commission over the next three months.
Four non-majors launched a joint submission yesterday to the Financial System Inquiry, making recommendations to increase their market competitiveness in the face of the Big Four
The financial services software provider has made a multi-million dollar software acquisition which it is looking to roll out to mortgage brokers at the end of the financial year
The Reserve Bank of Australia meet to discuss whether to keep interest rates on hold today – what do economists predict?
The housing market is absorbing new supply as fast as it is being added, according to research analysis firm RP Data
Clawbacks are not disappearing and brokers should be careful about ‘aggregator-bashing’, said a prominent financial services lawyer