Feb 25 2019
Industry experts have criticised Commissioner Hayne’s recommendations for brokers, suggesting they would damage competition in the lending space and diminish consumer benefits.
Feb 22 2019
The federal opposition has released its response to the final report of the banking royal commission, agreeing to 75 of the 76 recommendations, but not agreeing to a consumer-pays broker ...
Feb 21 2019
The Australian Labor Party has expressed its commitment to “clean up” the banking system, including through the introduction of three bills.
Feb 21 2019
A bill designed to enshrine whistleblower protections for the reporting of misconduct in the corporate, financial, and credit sectors has passed both houses of parliament.
Feb 21 2019
Home loan delinquencies have increased nationwide, with mortgages more than 90 days in arrears rising to a record high, according to new data from Standard & Poor’s.
Feb 21 2019
Bendigo Bank has partnered with Swinburne University of Technology to open a new Community Bank and use its profits to “enhance” educational opportunities and community development.
Feb 20 2019
The property industry’s united opposition to Labor’s housing policy has been voiced in Canberra, while proponents of the housing reforms renew their push for the changes.
Feb 20 2019
The decline in home values across Sydney and Melbourne has been “large by historical standards” and unreflective of a low mortgage rate environment, the RBA has said.
Feb 19 2019
The banking royal commission has not spurred a deterioration in satisfaction among customers of Australian banks operating in New Zealand, according to new research.
Feb 18 2019
ASIC is determined to flex its muscles, with a bill designed to enhance its enforcement powers one step closer to law.
Join Australia's most informed brokers
Do you know which lenders are providing brokers and their customers with the best service?
Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!