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
Segmentation and running costs are forcing broking’s one-man shows to weigh up their options – and sending some out of business, says a top broker.
Growing business confidence means the number of businesses looking to access finance are at their highest levels in two years - but interest rate rises loom on the horizon.
The previous two major financial system inquiries categorically failed to address competition issues in the nation’s banking sector, say leading economists.
The number of property listings fell in most states in 2013, with Darwin and Sydney recording the biggest yearly change.
The government has kicked the New Year off with a wave of new regulation, while simultaneously reducing small business superannuation compliance.
Declining market share has seen competition heat up between the majors, leading to greater incentives for brokers and their clients – as well as commission hikes.