Record growth in house prices down to these three features
First home buyer incentive drives record profits
Australia’s oldest COB posts record assets
Credit union says first-home ownerships and children more expensive than ever
Industry players interpret potential impact with varying degrees of optimism
Record funding for financial regulators and widespread tax cuts among expected measures
Enhanced education on the horizon as brokers’ asset finance market share reaches 68%
The forum has proposed brokers pay upfront based on amount drawn down and have clarified the industry’s stance on withholding trail
Limitations in the terms of reference make it highly unlikely that brokers will be the target of the upcoming Royal Commission
The Combined Industry Forum has come up with a reform package containing six principles in response to the ASIC broker rem review