Pushing upselling over upskilling could lead to harsh regulation, warns commercial specialist
NAB remains only major yet to respond to APRA’s amended guidelines for residential lending
Uniformity across Australia means regulation can better suit markets nationwide
Appointment well-suited to guide bank as it seeks to restore public perception
A selection of major real estate players have questioned the decision of three major banks to stop lending to foreign property buyers.
An increased wariness of risky loans among lenders will mean borrowers must pay larger deposits, says Georgette Nicholas of insurers Genworth.
Dr. Mark Sinclair of Mentor Education believes that, as limited financial advisers, mortgage brokers should only study relevant subjects as part of a degree.
ANZ third-party leader Keiran Evans has left the bank, with Simone Tilley taking up the new role of Head of Broker Distribution.
A survey from Finder.com.au shows that the vast majority of industry experts does not expect the RBA to lower its cash rate from 2%.
Jayden Cheers will take the reins as eChoice's Business Development Manager in NSW and ACT.