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Amid fears of crippling affordability and further interest rate rises mortgage lenders can take heart that the top end of town is still flush with cash.
Lamborghini, Rolls Royce, Bentley, Aston Martin, Maserati and Ferrari sales all recorded an average sales increase of 36.6 per cent, according to the Australian Financial Review.
Economist and CommSec Luxury Car Index author Craig James attributed the buying spree to a strong economy and high Australian dollar.
Major bank overhauls assessment process
A big four bank has bolstered its assessment team and will priori...
Industry reacts to cash rate decision
The Reserve Bank of Australia has announced its decision to leave...
Ignorance of extended asset write-off a boon for brokers
More than a third of SMEs are unaware of the extended instant ass...
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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
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