The incoming chair brings international experience in finance and law, and will replace current chair Greg Medcraft who steps down in November
The bank credits brokers with originating more than four in ten loans, expanding its national footprint through its three brands
The head of the industry association has urged brokers to act first for clients in today’s stagnant cash rate environment
Dual increases in construction costs and land prices will put the profitability of future developments at risk, warns one veteran broker
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.
Brokers are calling for further competition in the LMI space as premiums continue to rise, while LMI providers have defended the price hikes.