The lender has also reduced its clawback period, citing the need to deliver competitive products, services and pricing
The regulator has urged business to take a bigger picture approach despite certain negative consequences of regulation
The incoming general manager has been tasked to help the firm be the “best home loan provider on the planet”
The financial services arm of a leading real estate franchise has teamed up with a local provider of loan and mortgage protection
The broker industry has undergone a raft of changes in the last five years, and brokers and banks need to work together to ensure customers receive the best possible service, says NAB head of broker distribution Steve Kane.
A top NAB exec has taken a swipe at the bank's competitors for “aggressive” tactics designed to gain market share.
Following a Melbourne broker’s ban for failing to verify documents, lenders and aggregators have been called on to help brokers meet ASIC requirements.
Multiple brands, misleading advertising and clawback provisions are stifling competition in the industry and causing confusion amongst consumers, says the former CEO of a broker association.
ASIC chairman Greg Medcraft is meeting with industry groups to spruik the idea of a business levy to help fund the regulator.
The RBA looks set to keep interest rates at record lows for the foreseeable future following minutes from its most recent board meeting.