Two Sydney-based mortgage brokers have been banned from operating in the industry after it was found they had provided false information to credit providers in support of loan applications worth over $3 million.
One of Australia’s biggest brokerages has warned that brokers who don’t have their back-office operations in order risk missing out on a lucrative boom period.
Broker education will, in 2014, be a top priority for Suncorp Bank, which has announced its partnership with the inaugural Better Business Summit set to be held in February and March next year.
The Australian Competition and Consumer Commission has appealed a Federal Court decision which dismissed price fixing claims against ANZ bank.
Property markets across the country continued to perform favourably in October, but an unexpected standout performer has left the big cities behind.
Business confidence fell in November as business outcomes continue to fall short of high election-related expectations, according to the latest NAB monthly business survey.
A lender has become the second company to be targeted by ASIC over misleading online advertisements in the past fortnight.
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