MFAA launches campaign against mortgage broker reforms
The Mortgage & Finance Association of Australia (MFAA) has launched a campaign in support of mortgage brokers.
February 11, 2019
UBank launches world’s first digital “human home loan application assistant
Online bank UBank has just released its latest innovation – a digital home loan application assistant that can answer more than 300 common customer questions.
February 11, 2019
Western Australia, New South Wales see increased calls to National Debt Helpline
Western Australia and New South Wales are Australia’s most debt-struggling states, if data from the National Debt Helpline is anything to go by.
February 08, 2019
What consumers think of mortgage brokers
A recently released survey from The Adviser has uncovered the attitudes Australian borrowers have towards mortgage brokers.
February 07, 2019
New car sales figures decline in January
January 2019 was a cautious start to the year for car buyers, according to stats released by the Federal Chamber of Automotive Industries (FCAI).
February 06, 2019
RBA changes tune on cash rate expectations
For the first time in a long time, the Reserve Bank Governor Philip Lowe has left open the possibility that the next move in the cash rate could be a cut.
In his monthly post-cash rate announcement speech, Dr Lowe took a step back from his usual bullish prediction, instead saying:
February 06, 2019
Royal commission recommends sweeping changes to mortgage broking
There has been mixed reaction in the home lending industry in the wake of Commissioner Kenneth Hayne’s recommended changes to how mortgage brokers operate.
February 05, 2019
Average six-month term deposit rate hits record low
The average interest rate on six-month term deposits has hit a new record low, according to the latest Reserve Bank of Australia (RBA) data.
February 04, 2019
Royal Commission: Challenger banks warn against “one size fits all” approach to regulation
Before the release of Monday afternoon’s final report into the Financial Services Royal Commission, the Customer Owned Banking Association (COBA) has urged Australia’s politicians to remember that banking extends beyond the traditional ‘Big Four’.
February 04, 2019
What affects term deposit interest rates?
While term deposit interest rates are fixed over the course of your term, banks can still change the rates they offer on new deposits and rollovers. Understand the internal and external factors that influence these movements.
January 28, 2019
