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
Australian lenders saw profits soar by nearly 20% in the last year - and non-majors are driving the charge.
ANZ bank has boosted its satisfaction rating amongst business customers in the past two months, leaving NAB trailing behind.
The MFAA's train-the-mentor program has been relaunched with a lower cost and a shorter time frame.
This year COSL received three times as many complaints about LMIs compared to previous years, and one industry association is calling for "major reforms".
One of Japan's largest banks has struck a landmark deal with a non-major Australian lender, paving the way for further overseas involvement in the home loan market.
Reports that banks are relaxing lending standards are entirely false, and there's evidence standards are actually tightening, says one Sydney broker.