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Supply chain lender Octet has secured a long-term partnership with BOQ that will see it assume responsibility for all the bank’s debtor finance clients across Australia.
If brokers “wish to be viewed as professionals”, they should offer clients “as many options as is reasonably possible”, ASIC commissioner Sean Hughes has said.
A new website has been launched to provide a “step-by-step guide” to applying for small-business loans.
The mutual bank has reduced fixed rates for both owner-occupiers and investors across its brands.
The aggregators have welcomed the federal government’s draft bests interests duty as part of a broader push to help the industry “evolve and professionalise”.
A non-bank has stated that its efforts to strengthen its presence in the third-party space have helped bolster its loan book by 19 per cent.
The major bank has revised the manner in which it calculates the HEM benchmark, following on from changes implemented by Westpac.
FBAA backs new mortgage pricing inquiry
The head of the FBAA has expressed strong support for the ACCC’...
Brokers the ‘first line of defence’ for application accuracy
In a post-royal commission environment, brokers are labelled the ...
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