Jeff Whalley | Herald Sun | October 6, 2011 http://www.news.com.au/money/property/european-financial-crisis-to-blame-for-lending-clamp-down/story-e6frfmd0-1226160162581 The discounting war engulfing the mortgage market is likely to end as Europe's debt crisis raises the banks' funding costs, industry experts say. Lenders may
Read MoreJane Searle | Australian Financial Review | October 6, 2011 http://afr.com/p/business/financial_services/mortgage_discounting_peaks_Z8Gv1XJj8sK5XZsnW9o7wI The depth and frequency of discounts below the standard variable mortgage rate have hit a peak as lenders jostling for market share weigh up
Read MoreJeff Whalley | Herald Sun | October 5, 2011 http://www.heraldsun.com.au/news/more-news/mortgage-holders-may-all-be-winners-on-cup-day/story-fn7x8me2-1226158466773 Australia's mortgage belt could be cashing in on an interest rate cut as early as Melbourne Cup Day. Reserve Bank chief Glenn Stevens yesterday kept
Read MoreEric Johnston | Domain | October 5, 2011 http://smh.domain.com.au/real-estate-news/home-loan-competition-hits-pregfc-levels-20111005-1l881.html Competition between banks and other lenders for home loan customers has returned to levels last seen before the global financial crisis. In another of the deals
Read MoreDiversification – it’s the buzz word of the broker industry. But is it really a solution? In an industry consisting of sole traders and small businesses, how many brokers really have the skills, support and
Read MoreResponsible lending disclosure obligations: Overview for credit licensees and representatives This information sheet sets out your credit disclosure obligations under Ch 3 of the National Consumer Credit Protection Act 2009 (National Credit Act) and related regulations. It
Read MoreSusan Wellings | Domain | August 27, 2011 http://news.domain.com.au/domain/real-estate-news/the-downside-of-government-handouts-for-property-20110826-1jcwn.html Government assistance and incentives may have a downside in the long term. Free handouts of government money to buy homes? How could anyone refuse? But while
Read MoreASIC | September 1, 2011 ASIC has launched new resources and tools on its consumer finance website www.moneysmart.gov.au to help people avoid mortgage stress. Delia Rickard ASIC Senior Executive Leader Financial Literacy, Consumers, Advisers, Retail
Read MoreJessica Wright | SMH | August 28, 2011 http://www.smh.com.au/national/screws-turned-on-loan-sharks-20110827-1jfb7.html Loan sharks who exploit vulnerable customers with short-term cash advances at exorbitant interest rates will be blocked by new laws. The federal government wants to break
Read MoreWalker & Miller | August 31, 2011 The Mortgage and Finance Association of Australia (MFAA) has made several announcements over the past year regarding changes to minimum education standards. The decision has been made to
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