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
Housing activity is growing, but not fast enough to contribute to broader economic growth, according to the latest ABS statistics.
The ABA has elected the head of a major bank as its new chairman.
Brokers dealing with investment loans could unwittingly risk being prosecuted by the ATO as ‘scheme promoters’, says a legal expert.
The RBA has kept the official cash rate on hold, but highlighted ongoing concerns surrounding the high Australian dollar.
Sources have picked Gail Kelly to take over as ABA chair ahead of a formal announcement later today.
Housing affordability improved slightly over the September quarter, while first home buyer figures hit an all-time low.