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In case you missed it (week ending 5 August)

by Kate Aubrey4 minute read

Tic:Toc announces new mortgage broking service, RBA tackles inflation with fourth rate hike, refinances surge and conflict mounts over lenders making direct-to-broker clients offers, plus more.

Tic:Toc to offer broking services

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The mortgage fintech is partnering with AFG to enable its users to access broking services if they fall outside their lending criteria. 

RBA tackles inflation with whopping rate hike

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The Reserve Bank has moved swiftly to fight inflation, slamming a fourth consecutive cash rate hike on Australian borrowers. 

Refinances anticipated amid 4th rate hike

Industry players are now watching for impacts following the RBA’s fourth consecutive cash rate hike.

Refinancing competition sees rise in channel conflict

As refinancing activity hits record levels, brokers have been experiencing an increase in channel conflict behaviours from lenders when it comes to the point of discharge.

Labor commits to ban unfair contract terms

The government will move to tighten the law on unfair contract terms to protect small businesses and consumers.

In case you missed it (week ending 5 August)
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Kate Aubrey

Kate Aubrey

AUTHOR

Kate Aubrey is the senior content producer of The Adviser and Mortgage Business. Previous to joining Momentum Media, Kate covered regional and breaking news for ABC Radio.

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