Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

Bank satisfaction recovery could be short lived
5 February 2019
Westpac, CBA, ANZ, NAB

Bank satisfaction rose in the last month of 2018 but the improved sentiment will likely be shortlived, Roy Morgan has predicted, as the fall out from the final report of the royal commission ...

Government cautioned as new data flags market dip
4 February 2019
Parliament house

Policymakers have been urged to address concerns identified by the Hayne royal commission without “damaging” the economy, amid fresh figures that highlight the slowdown in the credit and ...

Banks send open letter to politicians
4 February 2019
mortgagebusiness

Policymakers have been urged to consider the broader ramifications of recommendations proposed by the financial services royal commission, ahead of the release of the final report.

YBR loan settlements fall, cash deficit narrows
4 February 2019
mortgagebusiness

The financial services group has reported a 3 per cent drop in mortgage settlements but has narrowed its cash deficit by 87 per cent.

Non-bank clips mortgages rates
4 February 2019
mortgagebusiness

Non-bank lender Resimac is celebrating the success of its summer rate reduction by running an additional promotion for a limited time. The offer in December of a lead-in rate of 3.74% per ...

ADI licence granted to former religious charitable fund
4 February 2019
APRA

A former religious charitable development fund is now operating as an ADI after being awarded a licence.

Mortgage borrowers more satisfied with brokers
1 February 2019
Consumer Access Mortgages Report

Mortgagors are more satisfied with the broker channel than the direct-to-lender channel and would be more likely to use a broker in future, new research has revealed.

AMP announces new board appointment
1 February 2019
AMP building

The financial services group has announced the appointment of a new non-executive director, with its CEO also assuming his board position.

Consistent values key to ethical conduct post-RC
1 February 2019
mortgagebusiness

Introducing more regulation is not the key to making lenders behave more ethically, according to a representative from The Ethics Centre.

Bank lifts home loan rates
31 January 2019
ING

A non-major lender has announced variable home loan rate increases of up to 15 basis points for new and existing mortgage rates.