Updated policy sees bank distancing itself from other majors by notable margin
Major bank also making changes to comply with new banking code of practice
With big four now sharing customer data, borrowers need an advocate to guide them through new system
APRA data shows “riskier lending” makes up very small proportion of surge in new loans being written
Online home loan HashChing has attracted another major name with former Mortgage & Finance Association of Australia (MFAA) chief executive officer Siobhan Hayden joining its advisory board.
Major car and asset finance provider stratton has put innovation at the forefront with the appointment of a new senior executive
An overhaul of land tax arrangements has had significant impact on the property market in the Australian Capital Territory and in turn is saving mortgage holders thousands of dollars per year
The Finance Brokers Association of Australia (FBAA) has promised to deliver the Australian government comprehensive research on commissions as it continues to push for the current commission structure to be retained
ASIC has permanently banned a former finance broker from engaging in credit activities and providing financial services after she entered a guilty plea to three criminal charges.
Despite an increase in demand from investors, July saw Australian mortgage approvals hit their lowest point since January