The average loan size has increased by about a quarter in the last five years
Foreign investors look to snap up hotels and office assets, while appetite for residential property dwindles
Broker association says the interest-only lending cap could hurt small businesses
The exercise is part of ASIC's review of mortgage broking practices
The level of residential property rental vacancies is up Australia-wide, with mining towns leading the upsurge.
Many brokers struggle to grow their trail book once it reaches a certain point, says one top broker, but with a little smart thinking brokers can reduce their run-off and increase their profits.
The final submissions to the Senate committee’s review on ASIC’s performance are in, and low doc and no-doc loans are a hot topic.
A major bank has slashed its four-year fixed home loan rate to its lowest level in 20 years as the battle for market share rages on.
La Trobe Financial’s aggressive marketing to Asian markets has resulted in its first investment under the Significant Investor Visa 888.
Rising taxes has left the ATO chasing nearly $18bn in unrecovered debt – more than 60% of which is owed by small businesses.