Great news for anyone planning to take out a home loan – new legislation means consumers are even better protected when they use a mortgage broker. But banks do not have the same responsibility towards…
“Old generals always fight the previous war” goes the old adage – many of the old arguments are being rolled out by both sides in the proposed changes to Responsible Lending rules. But, as we…
‘Life will never be the same again.’ Its been said non-stop since Coronavirus, but there is no doubt it has accelerated long overdue changes in the property market. Across the board, property-related professions are adapting…
Banks to have more flexibility in assessing loan applications Westpac Banking Corp has won a significant victory in the Federal Court on its interpretation of responsible lending duties. The court backed Westpac’s arguments that the…
The government and the Reserve Bank want to see the property market grow to boost the post-pandemic economy, but many experts believe that the banking regulator will soon put up roadblocks to stop the market…
This week, a number of finance regulators said they were turning their mind to enforcing robust lending standards. Straight after, CBA announced it was adopting a more conservative stance in its lending policy. Accredited Broker…
This week, a number of finance regulators said they were turning their mind to enforcing…
Brokers risk being cut off if they have not completed their mortgage broking diploma. Recent legislative changes mean brokers will be required to have completed the new Diploma of Finance…
This week, a number of finance regulators said they were turning their mind to enforcing robust lending standards. Straight after, CBA announced it was adopting a more conservative stance in…
