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ASIC finds aggregators under-reporting complaints against brokers

The financial regulator has uncovered gaps in complaint reporting, which it said raised questions about the picture presented by industry records.

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Mortgage demand collapses as refinancing retreat gathers pace

Australia’s mortgage downturn has deepened, with refinancing weakening as affordability pressures weigh on borrowing... READ MORE

Lodgements drop at AFG as majors gain ground

AFG’s latest figures have revealed softer mortgage activity alongside a marked shift in reported lender... READ MORE

RBA hints at further hikes in ‘hawkish’ minutes

The RBA has left further interest rate increases on the table in September meeting minutes, which the major banks have... READ MORE

Mortgage industry says cheapest isn’t always best after BID review

Industry leaders have backed stronger standards while warning that price alone cannot settle every borrower’s... READ MORE