The major bank says CCR is good for competition
The former CEO will drive the broker firm's network expansion and support its franchises
Lenders are marketing these loans to borrowers looking to enter an increasingly unaffordable housing market
The lender cites regulators' concern over the rising household debt to income ratio as a reason for the move
Yet another regional credit union has announced it's considering merging with a bigger player, while 90% of those in the sector believe the industry will soon shrink to less than 90 institutions
APRA chairman John Laker says the regulator is “pathologically worried” about poor credit standards becoming pervasive.
While house prices continue to rise in some parts of the country, affordability levels improved in the September quarter, with only a few exceptions
A mortgage broker BDM has won a major bank's top employee award for the first time ever.
A non-major lender has called on the Financial Systems Inquiry to address the 'capital imbalance' that favours big banks.
AMP's $500m deal with one of Japan's largest banks is a cautious entrance to the market from the overseas lender, say industry leaders.