The bank and its subsidiaries will decrease rates for new owner occupier principal and interest fixed loans with an LVR of 80% and below
Since its launch one month ago, the company has also seen a number of mortgages approved including one loan of $1m
The firm has brought together a collection of experts to help new brokers develop skills in networking, sales, leads and more
The demand has been driven by clients struggling to find funds amidst tighter lending restrictions by Australian banks
First home buyers will continue to face challenges to get into the property market in 2014, says Aussie executive chairman John Symond, although he is confident of better economic times ahead.
A bank employee has hit back at the Australian 'culture of bank bashing' following accusations ASIC is not doing enough to stamp out fraud in lending institutions.
NAB Broker has boosted staff numbers in its third party mortgage services team by more than 10 percent over the quarter, with plans to recruit a further 30 roles in the year ahead.
ANZ has made a number of structural changes in order to 'fully unlock the potential' of the bank.
ASIC has reprimanded businesses for failing to accurately prepare financial reports, resulting in a number of inquiries by the regulator.
Clarification by the ATO relating to SMSF trustees has been welcomed by those in the industry.