The broker group said the government should be working with the industry
The major banks and their subsidiaries pulled out from the offering last year
Better access to finance is one step closer for Australia's small and medium businesses
The lender pledges to stand behind brokers in a passionate letter
RESIMAC has hit back at reports claiming the company’s focus is on owning distribution channels, stating the non-bank lender will continue to expand its retail broker channel.
The much-hyped entry of a Japanese bank into the Australian market may not go ahead, as the bank announces the closure of its Australian office.
One LMI provider has recorded a substantial profit this year, while another was only just in the black.
While housing growth in capital cities such as Sydney and Melbourne has been in the spotlight lately, figures show rural areas are seeing higher demand and strong price growth.
ASIC has permanently banned two Sydney-based brokers and one former mortgage broker while announcing the conviction of another.
Valuers need to be doing more to ensure brokers are kept informed of what’s happening in the valuation industry, say brokers.