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Loan Market paints positive 2021 property picture
The major brokerage has predicted a strong, busy year for the property market in 2021 but noted that a price “cliff” might not come to fruition.
BROKER • Sun, 10 Jan 2021
Banking code temporary changes extended
The corporate regulator has approved a request to extend temporary changes to timing requirements in the banking code by six months
LENDER • Sun, 10 Jan 2021
Cancelled gap years could trigger FHB frenzy
COVID-19’s cancellation of travel plans could fuel demand from first home buyers in Western Australia, according to a chief executive.
BORROWER • Sun, 10 Jan 2021
AFCA raises SME finance monetary limits
The financial complaints body has adjusted its monetary limits for SME finance complaints including the maximum size of a credit facility.
COMPLIANCE • Thu, 07 Jan 2021
Loan process ‘shrouded in mystery’ for FHBs: research
First home buyers would like more assistance with choosing and applying for a home loan, according to a major brokerage.
BORROWER • Wed, 06 Jan 2021
What will broker-client meetings look like in 2021?
With brokers having to rapidly adapt to COVID-19-related restrictions in 2020 by conducting client meetings over video conferences, one non-major bank wonders what ...
BROKER • Wed, 06 Jan 2021
VIC records highest loan deferrals
Victoria has remained the state with the highest proportion of loans subject to deferrals among the states and territories, APRA data showed.
BORROWER • Tue, 05 Jan 2021
How these brokers chose their broker models
Two brokers spoke to Elite Broker about how and why they chose their respective broker models, and how it has benefitted their businesses.
BROKER • Tue, 05 Jan 2021
ASIC bans Sydney mortgage broker
The corporate regulator has banned a Sydney-based mortgage broker for allowing her father who was already banned to engage in credit activities.
BROKER • Mon, 04 Jan 2021