The final FSI submission has been made by four leading regional banks, who have called for competitive neutrality in the banking sector.
The proportion of mortgage settlements represented by brokers will grow to between 51 – 60%, according to a roundtable consisting of eight lenders and aggregators
A non-major lender has lifted its half-year profit by 14%, driven by record home loans settlements and a 175% increase in broker originated loans
The flip-side of the RBA's rate cut is consumers will have to work harder to build up their savings
Two more lenders have joined in the recent rate cuts following the decision by the Reserve Bank to reduce the official cash rate
Non-major bank chairman steps down after 15 years in the role