The decline in property values and mortgage stress could be dangerous for small business owners
The bank previously hiked rates for owner occupiers by 15 basis points
The group calls for aggregators to be given more responsibilities, including the ability to audit brokers
The group said it is the first and only marketplace lender in Australia to reach the number
The compensations "ensure alignment" of interests between a lender, aggregator, broker, and customer
Data from the first month of the year shows a growth in the number of mortgage defaults
The lender does "not necessarily" take any steps to deal with certain inconsistencies, says home loans general manager
The total value of Australia's 10 million residential dwellings rose to $6.9trn
Increased costs in funding and meeting regulatory changes factored into the decision, says CEO
The new position aims to assist the ASIC's operation as a world class regulator, says minister