The Minister for Small Business has heaped praise on the broking community at a recent industry association event
The lender has also significantly grown its Australian third party channel with over 2,500 brokers now writing loans for the firm
The initiative aims to reduce high levels of attrition by individuals just starting out in the mortgage broking space
The global ratings agency has issued a credit negative rating to Australian RMBS thanks to skyrocketing house prices
The insurance industry has called for increasing transparency around Lenders’ Mortgage Insurance, after complaints to the Credit Ombudsman tripled in the past year.
Westpac group has appointed one of ANZ's senior executives to head up its subsidiary BankSA.
Commonwealth Bank has claimed it will 'confidently defend' itself against allegations it benefited from engineering Bankwest loan defaults.
Macquarie Bank recorded over 20% growth in its mortgage book in the past year, while ANZ and NAB continue to lead the big four banks in growth.
Australian investors are now the least risk-averse globally according to the latest research.
Following revelations yesterday that Mortgage Choice has been fined $30,000 for infringements, ASIC says it will be handing down harsher penalties for misleading advertising.