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.

Inquiry launched into the lending industry

Staff Reporter 1 minute read

The House of Representatives economics committee yesterday launched an inquiry into the Australian banking system.

The inquiry, established at the request of Wayne Swan, will examine the state of the local mortgage market, the quality and value of bank and non-bank lenders’ home loan products as well as fees and charges.

The inquiry will also make recommendations to improve competition in the sector, which has suffered as a result of the freezing up of capital markets.

Submissions regarding the inquiry will be accepted until 11 July; the report is planned to be released by the end of the year.

Published: 06-06-08

Inquiry launched into the lending industry
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! Tickets are on sale now. Work smarter, not harder, this year.

default

 

more from the adviser
ASIC TA ASIC levy reflects ramped up enforcement: FBAA

ASIC’s raised industry funding levies reflect higher enforcemen...

money piggy 2ad3 Lockdowns threaten business loan demand: Equifax

Construction and retail trade have fuelled business loan growth i...

mortgage money house 48% of home loan applicants frustrated by paperwork

The majority of Australian borrowers think applying for a home lo...