Magazines

Broker’s Guide November 2019

By Knowledge Centre

‘Liar loans’ back in spotlight; how can brokers protect themselves?
Two separate reports have shown a widespread prevalence of Australians lying about their earnings on financial applications, reigniting the need for brokers to take defensive measures.
Brokers increase support as housing affordability hits lowest level on record
More brokers are stepping up their support to borrowers after new data shows that mortgage repayments consume more than half of the average family income.
Major bank’s head of retail steps down
Jason Yetton, the chief executive for consumer banking, is set to leave the big four bank as soon as a successor is appointed.