Lender tops $50m profits for half-year
Australia’s oldest COB posts record assets
Credit union says first-home ownerships and children more expensive than ever
However, a third of property groups in Australia believe the industry still lags behind other sectors
Total commissions paid to mortgage brokers in Australia pushed past $1.1bn in the year to August thanks to growing broker market share, rising loan values and tweaks to commission structures
Sydney is among the world’s cities most at risk of a housing bubble according to research from global investment bank UBS.
Industry super fund-owned bank ME remains on a strong growth path, with the non-major lender announcing a healthy profit increase across the 2016 financial year
New analysis shows nearly one in 10 properties resold in the June quarter resulted in a loss.
Brokers are likely underestimated when it comes to their share of the Australian mortgage market according to a senior figure at one of Australia’s major banks
Australia's banking sector is willing to remove payments to staff that conflict with the interests of consumers, however an industry-wide change would likely require legislative changes