As read in The Adviser – Allowing first home buyers to access their superannuation to fund property purchases would be “frowned upon” by Australian finance specialists and economists, new research has shown. Research from comparison website finder.com.au revealed that 80 per cent of experts who surveyed for the recent RBA cash rate survey said they believed […]
As read in Mortgage Business Online – Entrepreneur and Count Financial founder Barry Lambert has warned that there could be “hard times ahead” for mortgagors as banks begin increasing interest rates. The philanthropist said that record house prices, pending oversupply of apartments in some cities, investor lending curbs, and elevated household debt levels, coupled with rising interest rates on mortgages, means […]
As read in Aust Broker Online -Proposed changes for banks and lenders to include positive credit reporting data will make life easier for anyone looking to take out a mortgage. Suzanne Steele, managing director of credit bureau Experian, told Australian Broker that Australia was at odds with the world in how consumer data is reported. Out of […]
As read in The adviser online -Lenders and other stakeholders have come together at an inaugural roundtable to discuss new initiatives aimed at improving customer experiences of changing banks. Last Thursday’s inaugural Australian Bankers’ Association Switching Roundtable brought together banks, consumer groups, regulators and card schemes to better understand customer views about switching banks. ABA […]
As read in the Aust Broker Online -The number of first home buyers has risen by 6.6% throughout December quarter last year, a slight increase of 0.5% from the same time period in 2015. New statistics from the Real Estate Institute of Australia (REIA) in conjunction with Adelaide Bank show that first home buyers comprise […]
As read in MortgageBusiness online - Despite the rate of national inflation growth rate falling to a 19-year low of 1.5 per cent last year, the governor of the Reserve Bank of Australia has said that he does not expect the rate of inflation to fall any further this year. In his recent opening statement to […]
As read in The Adviser online – The majority of Australian workers are struggling to afford everyday expenses on their annual wage, a recent survey has revealed. Conducted on behalf of Fox Symes, the Galaxy Research poll of 1,014 people nationwide found that 59 per cent of respondents are not able to afford their daily […]
As read in The Adviser online – New research has revealed that 51 per cent of Australian digital users are at risk of cyber security breaches, putting their identity and money under threat. The study from industry super fund-owned bank ME found that of the 2,000 smartphone or tablet owners surveyed, 51 per cent failed scenarios […]
As read in the Aust broker Online -While most Aussies can remember their phone number (94%), their number plate (77%) and their parent’s phone number (76%), new research from UBank has revealed 85 per cent of Australians don’t know their home loan rate. For the second year, UBank has released The UBank Know Your Numbers Index, […]
As read in MortgaeBusiness online – Enquiry listings on credit files are a BIG. RED. FLAG. to lenders. I had a customer recently who had 23 of these credit score-destroying marks on her credit file. The amount of loans she could get? ZERO. What is an enquiry listing? An enquiry listing is put on your […]
