The major banks have also condemned the state’s surprise budget move, expressing their concerns about the newly announced levy
The move gives brokers access to an expanded product range and the opportunity to meet a wider range of client needs
A new study has found that households with higher levels of debt are more likely to borrow more as house prices rise
The number of new dwellings in Sydney is soaring, which the government says shows its affordability measures are working
Overall business confidence saw a sharp increase in the last quarter, while businesses in finance and insurance remain wary.
The MFAA has told an inquiry into ASIC’s performance there is no evidence assertions of “systematic falsifications of details in loan applications” from brokers are true.
A non-bank lender has appointed two new BDMs in Sydney and Adelaide.
The president of an industry body says the recent slew of broker bans brought out by ASIC is not a reflection on members, despite past media hype sullying the industry’s name.
The majors have slammed claims older borrowers are being unfairly denied credit, claiming policies are in place to protect borrowers.
While many brokers are still confused about where the upcoming privacy law changes will leave them, one expert has claimed the changes are a lot of fuss about nothing.