Updates

  • FBAA commits to educating press about brokers by Julia Corderoy

    The FBAA has said it is committed to educating the broader public on the benefits of mortgage brokers, in light of a number of negative media articles in the mainstream press

  • Brokers to be summoned by ASIC by Julia Corderoy

    ASIC has revealed it will be serving notices to brokers to provide data, as a part of its fact find for the mortgage broker remuneration review

  • Major bank expected to announce significant rate cuts by AB

    CBA is expected to announce significant interest rate cuts, as well as slashing minimum loans on some mortgage products by more than 90%

  • AFG shuts down commission fears by Julia Corderoy

    AFG has revealed extensive data to ASIC and brokers that shut down claims mortgage broker commissions are a form of conflicted remuneration

  • ME cuts variable rates by up to 40bps by Julia Corderoy

    Superfund-owned lender ME has slashed home loan variable rates for new owner occupier and investment customers

  • ASIC takes major bank to Federal Court by Julia Corderoy

    The corporate watchdog has commended legal proceedings against a major bank in the Federal Court for its role in manipulating interest rates