The banned director breached general credit licensee conduct obligations, made false statements to ASIC and more
The changes will apply on select variable rate principal and interest products
The announcement will see the continuation of a long term relationship providing LMI insurance to the bank’s broker business
The trend has been sparked by tougher lending standards for small businesses and presents an opportunity for growth for brokers
A former financial planner and CEO has slammed ASIC for “an unwillingness to communicate and a desire to bully”.
More than 300 complaints were made to the Credit Ombudsman in 2013 regarding the conduct of finance brokers, but the vast majority of brokers still seem to be doing right by their clients
We look at the best ways to start 2014 refreshed and relaxed - regardless of whether you managed a break over the New Year.
Nearly half of Australians are more confident about their personal finances over the next 12 months at the start of the New Year.
Segmentation and running costs are forcing broking’s one-man shows to weigh up their options – and sending some out of business, says a top broker.
Growing business confidence means the number of businesses looking to access finance are at their highest levels in two years - but interest rate rises loom on the horizon.