Non-bank lending for owner-occupied housing has continued to rise in May while lending by banks and building societies declined.
With the average age of a mortgage broker now in their fifties, industry leaders are questioning whether the commission-based profession can attract new talent.
The Murray Inquiry has found vertical integration in mortgage broking can create conflicts of interest, hampering competition.
The Murray Inquiry has warned that housing is a potential source of systemic risk for the financial system and the economy, and could erode ...
Smaller lenders have been tipped as the prime prospects to capitalise on the potential half a trillion dollars of home equity held by the Australians over the age of 65.
Australia’s unemployment rate increased to six per cent in June.
Foreign buyers were less active in the residential property market in the June quarter following a strong rise in the first quarter of the year.
SMSF investors with an eye on commercial property are fuelling demand for finance.
Half a trillion dollars of home equity is being held by Australians over the age of 65 and is available to be leveraged.
Mobile and internet banking in the UK is now being used for transactions worth nearly £1 billion a day.