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
APRA chairman John Laker says the regulator is “pathologically worried” about poor credit standards becoming pervasive.
While house prices continue to rise in some parts of the country, affordability levels improved in the September quarter, with only a few exceptions
A mortgage broker BDM has won a major bank's top employee award for the first time ever.
A non-major lender has called on the Financial Systems Inquiry to address the 'capital imbalance' that favours big banks.
AMP's $500m deal with one of Japan's largest banks is a cautious entrance to the market from the overseas lender, say industry leaders.
The latest proposal to introduce a new Government-backed equity release scheme is unnecessarily complex and expensive, says a financial planner and retirement planning specialist.