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The latest Australian Bureau of Statistics housing finance figures suggest the residential property market is being dominated by investors, with very little activity at the first-home buyer end of the.. read more

A move into the broker market has paid dividends for Teachers Mutual Bank, which increased its mortgage portfolio by 11.4 per cent during the year to June. read more

Second round submissions to the Financial System Inquiry have proposed a number of measures to limit borrowing by trustees of self-managed superannuation funds, as alternatives to banning the practice.. read more

The Finance Brokers Association of Australia has endorsed MOGOCheck, an account aggregation program that allows lenders to simplify their credit assessment processes. read more

Major bank upfront commissions for broker mortgage sales have increased from around 50 basis points to around 55 points over the past 12 months, while the average for smaller lenders has increased fro.. read more

Mortgage broker Aussie has launched a recruitment drive, aiming to increase its broker numbers by 200 over the next 12 months. read more

The Financial Ombudsman Service has deployed extra firepower in its campaign to establish a statutory consumer compensation scheme, issuing a second round submission to the Financial System Inquiry ba.. read more

EY has called on the Financial System Inquiry to consider a change to the remuneration structure of the mortgage broking industry to address its "sales-driven" culture. read more

Should the banking regulator and the central bank decide to add macropudential tools to their regulatory toolkit the most likely choice would be a higher interest rate buffer, according to JP Morgan b.. read more

Discounts on standard variable mortgage rates have climbed as high as 140 basis points this year, according to the latest JP Morgan mortgage industry report. read more