The bank has also followed suit by reducing rates for its principal and interest loans for owner occupiers
The group has also entered into a strategic mortgage broking partnership with one of the big four banks
In response to this, the ACCC has revealed a new taskforce that will closely monitor bank decisions in the future
With nominations for the industry’s leading mortgage awards closing this Friday, submit your entry to stand amongst Australia's broking greats
Nearly half of Australians are more confident about their personal finances over the next 12 months at the start of the New Year.
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.