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.
The revised Pension Loans Scheme, intended to provide an income boost to a greater number of retirees, is now in effect.
The major banks have reported mixed results in the home lending space, with one lender slipping deeper into negative territory.
Household wealth edged higher in the March quarter, but declining house prices meant mortgage debt also creeped up, according to recent ABS statistics.
The non-major has announced rate reductions across its fixed home loan offerings ahead of the Reserve Bank’s next monetary policy board meeting.
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.
An industry association has issued a warning over the “unintended consequences” associated with the new banking code.
A non-bank credit provider has been added to another aggregator’s panel of lenders.
Three broking groups have been called to appear before the corpor...
The major bank has said that it is committed to providing “grea...
The major bank has revised its home lending policy, including th...