Get notifications in real-time for staying up to date with content that matters to you.
Broker referral partners are feeling the brunt of a slower housing market and an overall weaker economy with the conveyancing industry recording a steep drop in business over 2008.
Australian Institute of Conveyancers president Pauline Barrow said tighter lending practices, a reluctance of owners to sell and employment uncertainty among buyers had seen conveyancing business fall by up to 40 per cent, Perth Now reported today.
Ms Barrow also warned that the slowdown would result in further retrenchments in the industry in coming months.
ASIC’s raised industry funding levies reflect higher enforcemen...
Construction and retail trade have fuelled business loan growth i...
The majority of Australian borrowers think applying for a home lo...
Join Australia's most informed brokers
Do you know which lenders are providing brokers and their customers with the best service?
Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
What's the longest time you've been left on hold before getting through to a credit assessor?
