The Reserve Bank of Australia seemed to have changed its tone on the next movement of the official cash rate as it observes weaker economic prospects. In its latest economic
Prime Minister Scott Morrison has voiced his support for the broker channel and outlined their important role in the mortgage market. Following his address at the National Press Club on
One of the most heated issues arising from the recommendations of the Royal Commission is the change in the system of pay for brokers. The aim of the commission is
The RBA has dramatically revised down its economic forecasts amid the ongoing property market correction, prompting the Australian dollar to plunge again. The Reserve Bank has revised down its economic
The tumultuous drop in Australian house prices is reaching historic proportions. It’s predicted to be the worst in the world this year. The drop in house prices in Australia this
The company recently appointed by the Labor Government to manage more than half a billion dollars worth of public service superannuation has ties to an NT union, an ABC investigation
With the Royal Commission final report now handed over to the Treasurer, the industry is waiting to see what recommendations will come out of it and what the impact will
An ASX-listed neo-lender saw a 43 per cent growth in the value of new loan settlements over the second quarter of the financial year and has announced some personnel changes. Marketplace lender Wisr
EXCLUSIVE: The major banks have begun releasing their reactions to the banking royal commission recommendations on broker remuneration, with NAB saying it recognises upfronts will need to change to ensure the viability
An Australian alternative SME finance provider has secured a $135m credit facility from Goldman Sachs Private Capital. The facility given to Capify will help the Sydney-based fintech accelerate the growth