The changes affect new and existing interest only borrowers as the bank moves to fulfil APRA’s tighter lending guidelines
In his second reading speech on the bank levy bill, the Treasurer also stressed that costs are not to be passed onto the consumer
New research for the big four banks shows satisfaction levels amongst customers improving across the board
The agreement between a loan protection specialist and financial services firm will let brokers offer more comprehensive coverage to clients
Three of Australia’s leading mortgage and finance industry professionals have been appointed this week to the board of the MFAA.
Lenders have come under fire from the Credit Ombudsman Service, with one receiving more than 100 complaints over the past year.
The heads of the key industry bodies are confident that ex-CBA boss David Murray is the right person to lead the biggest inquiry into the financial system in the best part of two decades.
One large aggregator is going from strength to strength, recording their highest settlements ever in October.
The Australian property market is at serious risk of “price overshooting”, according to the latest International Monetary Fund report.
1st Street home loan director, Jeremy Fisher and his team are now buying up select retiring broker businesses - phone numbers, client lists and all - for 'well above' market rates