CBA said it hopes the move will enhance its focus on its core banking businesses
The move comes as the lender changes its remuneration structure for frontline staff
The founder of National Finance Brokers Day has said brokers have a real opportunity
The head of third party distribution at one of Australia's leading banks has left after 18 years
Following fixed rate cuts from NAB/Homeside and Westpac, a non-major lender has slashed fixed rates by as much as 40 basis points.
As first home buyer levels continue to sit at record lows in most states, Western Australia has continued to buck the trend.
Overall business confidence saw a sharp increase in the last quarter, while businesses in finance and insurance remain wary.
The MFAA has told an inquiry into ASIC’s performance there is no evidence assertions of “systematic falsifications of details in loan applications” from brokers are true.
A non-bank lender has appointed two new BDMs in Sydney and Adelaide.
The president of an industry body says the recent slew of broker bans brought out by ASIC is not a reflection on members, despite past media hype sullying the industry’s name.