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Brokers to profit from Asian migrants

A migration law firm will target local mortgage brokers as it opens offices across south east Asia, pursuing wealthy Asian clients looking to purchase property in Australia.

RBA rate announcement

The Reserve Bank of Australia has today announced the outcome of its board meeting.

New bank to enter broker channel

The Australian mortgage market is set for a fresh boost of competition as a new lender gears up to launch its third-party offering later in the year.

LVRs creep up in July

The average loan to value ratio of broker-originated loans increased over July.

NAB still plagued by UK operations

National Australia Bank’s group returns continue to be stymied by its UK operations, despite recently offloading 20 per cent of its commercial real estate loans.

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