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Associations call for ‘clarity’ on expense verification

The MFAA and the FBAA have called on ASIC to provide the mortgage industry with greater guidance surrounding expense verification, but ha...
August 19, 2019

A new survey of brokers has revealed a unanimous view that the Reserve Bank will cut the official cash rate at least once more this year.

July 01, 2019
The new CEO of Newcastle Permanent, Bernadette Inglis, has officially commenced in her new role and outlined her thoughts on the building society...
July 01, 2019

The revised Pension Loans Scheme, intended to provide an income boost to a greater number of retirees, is now in effect. 

July 01, 2019

The major banks have reported mixed results in the home lending space, with one lender slipping deeper into negative territory.

June 30, 2019
The valuable role that mortgage brokers play in helping consumers save for and secure a mortgage has been highlighted in a new television series ...
June 30, 2019

Household wealth edged higher in the March quarter, but declining house prices meant mortgage debt also creeped up, according to recent ABS statistics.

June 30, 2019

The non-major has announced rate reductions across its fixed home loan offerings ahead of the Reserve Bank’s next monetary policy board meeting. 

June 30, 2019
Broking industry stakeholders have come out in force to oppose “unfair” credit policy changes introduced as part of the new banking code, which could leave some brokers “b...
June 27, 2019
The corporate regulator will host public hearings attended by banks and industry stakeholders to discuss changes to its responsible lending guidelines, chairman James Shipton ha...
June 27, 2019
The head of the FBAA has noted that more mortgage brokers are writing and learning about business finance following the royal commission, with A...
June 27, 2019

A lender has announced that it will alter the manner in which it pays upfront commissions to brokers by introducing a six-month post-settlement review period. 

June 26, 2019

An industry association has issued a warning over the “unintended consequences” associated with the new banking code.

June 26, 2019
A Perth-based mortgage broker has called on banks to green-light the prudential regulator’s proposed reforms to residential lending guidelines in a bid to remove “over-regul...
June 26, 2019

A non-bank credit provider has been added to another aggregator’s panel of lenders.

June 26, 2019
more from the adviser
Broking groups to appear before ASIC

Three broking groups have been called to appear before the corpor...

ANZ focuses on ‘clarity’ following mortgage softening

The major bank has said that it is committed to providing “grea...

Westpac revises home lending policy

The major bank has revised its home lending policy, including th...