APRA proposes shake-up of presale requirements

More lenders have moved to update their serviceability calculations after the federal budget’s changes to negative gearing passed through Parliament.

As businesses face mounting cash flow pressures, SME brokers have been urged to move beyond loan transactions and help clients identify problems before they escalate.

The financial services sector needs an immediate, co-ordinated action plan to tackle mortgage fraud, NAB has said, as it reveals it has already “exited” multiple players from ...