Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

MFAA continues push for Aussie Mac

Staff Reporter 3 minute read

The MFAA will step up its push for a government-backed funding source today in a verbal submission to the House of Representatives Standing Committee on Economics.

Phil Naylor, MFAA chief executive, said securitised funding sources were imperative to a competitive mortgage market.

“We are calling on the government to give serious consideration to establishing an Australian version of the Canadian Mortgage Bonds program,” he said today.

“We need securitised sources of funding to keep competition alive.”

Advertisement
Advertisement

The association’s call follows an indication from RBA assistant governor Philip Lowe yesterday that such government intervention is not necessary.


Published: 14-08-08


Related articles

Aussie Mac not the solution: RBA



PROMOTED CONTENT


MFAA continues push for Aussie Mac
default
TheAdviser logo

If you’re feeling overworked and overwhelmed in this fast-paced mortgage market, it’s time to make some changes, and the Business Accelerator Program can help! Early bird tickets are on sale now. Work smarter, not harder, this year.

default

 

more from the adviser
David Hyman Lendi lays out post-merger strategy

Having wrapped its first month post-merger with Aussie, Lendi’s...

website computer Non-major lender updates broker website

A regional lender has updated its broker website with new feature...

Jeff zulman TrailBlazer joins SME Recovery Loan Scheme panel

The non-bank lender has become the 19th member of the government...