With regulatory change almost inevitable following multiple industry reviews, the aggregator has said it will stand by its members
The announced changes only affect owner occupier loans that are greater than $200,000
The personal loan provider has signed up several brokers with the goal being to bring in 40% of its acquisitions via the third party channel
The newly released data also reveals that the percentage of mortgage holders has also decreased since the last census was taken
Westpac chairman Lindsay Maxstead has cautioned against the 'extraordinary wave of regulation' impacting the finance sector in the face of a fresh round of banking regulations.
ANZ has kept its home loan variable interest rate unchanged, while announcing it will no longer include business loans in its monthly interest rate review.
Non-bank lenders have more than doubled the growth rate of banks, but industry bodies say competition between the big four is not strong enough.
The real estate industry has welcomed the decision to scrap a proposed national licensing reform.
Following a real estate professional’s criticism of low minimum standards amongst agents, brokers have questioned whether their own industry is really any better.
Looking for somewhere a little different for your Christmas party this year? Maybe suspended from a 150ft crane?