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Tic:Toc announces new mortgage broking service, RBA tackles inflation with fourth rate hike, refinances surge and conflict mounts over lenders making direct-to-broker clients offers, plus more.
Tic:Toc to offer broking services
The mortgage fintech is partnering with AFG to enable its users to access broking services if they fall outside their lending criteria.
RBA tackles inflation with whopping rate hike
The Reserve Bank has moved swiftly to fight inflation, slamming a fourth consecutive cash rate hike on Australian borrowers.
Refinances anticipated amid 4th rate hike
Industry players are now watching for impacts following the RBA’s fourth consecutive cash rate hike.
Refinancing competition sees rise in channel conflict
As refinancing activity hits record levels, brokers have been experiencing an increase in channel conflict behaviours from lenders when it comes to the point of discharge.
Labor commits to ban unfair contract terms
The government will move to tighten the law on unfair contract terms to protect small businesses and consumers.
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