Breaking news

  • Getting over the line pt 5: Difficult deals explained by BN

    While there’s no replacement for experience, it can be enlightening to see how other brokers have gotten through difficult transactions. MPA asks brokers to describe a tough loan situation and what they did to get the deal over the line

  • Major lender shaves home brand lending rates by Mackenzie McCarty

    A major lender has augmented its aggressive home brand broker pitch with a reduction in variable rates starting from today

  • ASIC acts on Banksia, Provident failures by BN

    ASIC is set to undertake a wholesale review of the way it regulates the debenture industry following the collapse of Banksia Financial Group and Provident Capital

  • Brokers not punting on Melbourne Cup rate cut by Mackenzie McCarty

    A declining number of brokers are expecting the RBA to cut rates on Melbourne Cup day, according to a new survey.

  • NAB challenged by UK business woes by Mackenzie McCarty

    NAB has announced a 22% plunge in group net profit for the full year to September, blaming its troubled UK operations for the poor result

  • Aggregators caught up in Banksia fallout by Mackenzie McCarty

    Leading mortgage aggregators who maintained Banksia Financial Group on their approved panel of lenders are in the midst of dealing with the group's shock insolvency