Following an individual complaint, the bank has reported the issue to ASIC and refunded over 1,000 customers with mortgage offset accounts
One legal expert has said brokers are bullying lawyers into providing obsolete paper documents on behalf of the banks
In a dual appointment, the online loan marketplace has also welcomed a major financial media commentator to its advisory board
One leading financial analyst has predicted a number of targeted rate cuts by the banks after a build-up of capital by most lenders
A new alternative to bank-funded mortgages has taken hold overseas and it's 'just a matter of time' before it hits the Australian market.
Rents are dropping by as much as $1,000 per week in some high yield mining areas, and lenders are likely to follow CBA’s lead in lowering rental yield caps.
An increase in prices for financial services was a desired outcome for the RBA following tighter regulations in the sector.
Stamp duty tax can be a significant deterrent for first home buyers - but should it be done away with entirely?
Brokers need to keep an eye on proposed strata title law reforms and how they might impact an investor-driven market, says Housenet CEO Darren Moffatt.
Find out which suburbs have the highest mortgage repayments in the country - and which are growing fast.