Associations respond to updated responsible lending guidance, with FBAA MD explaining what broking industry should watch for going forward
However, the data suggests majority of borrowers will turn to their primary bank for a home loan
Best interest duty coming in next six months, with all royal commission recommendations implemented before end of 2020
ABA head breaks down what to expect moving forward from data legislation passed last week
Brokers remain at significant risk under the new version, reiterates MFAA CEO
Effort intended to help better hold financial service institutions accountable