The major banks have also condemned the state’s surprise budget move, expressing their concerns about the newly announced levy
The move gives brokers access to an expanded product range and the opportunity to meet a wider range of client needs
A new study has found that households with higher levels of debt are more likely to borrow more as house prices rise
The number of new dwellings in Sydney is soaring, which the government says shows its affordability measures are working
National Australia Bank has made indications it will look to grow its involvement in the broker channel.
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.