Broker business booms

Mortgage aggregator AFG has reported a big pick-up in business during the June quarter, as borrowers looked for assistance in negotiating a volatile mortgage market. read more

Banks top the complaints table

Banks accounted for 35 per cent of the 80,546 complaints to the Australian Financial Complaints Authority last financial year, and 43 per cent of all complaints related to credit. read more

Funders keep faith with small lenders

Two small lenders have reported that their funders have either renewed or extended their facilities, in a vote of confidence for specialist credit providers in the local market. read more

Deposit rate cutting rolls on

The best ongoing savings rate is 1.65 per cent, which Volt Bank is offering in “beta”. The top ongoing bonus rate is 1.85 per cent, offered by three banks - 86 400, Bank of Queensland and Up. read more