Here's some good news to kick off 2019: APRA is removing its restrictions on interest-only residential mortgage lending from January 1.
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APRA to remove restrictions on interest-only home loans
Season’s Greetings! Wishing you a prosperous 2019!
Whether you're celebrating the festive season with family and friends, or getting away somewhere nice and relaxing, we hope you have a wonderful break over the summer holidays!
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Bank wanted mortgage broking fees transferred to customers
A big four bank almost overhauled its broker remuneration model so that the cost of mortgage broking services would be transferred to the customer, the royal commission heard. Here's how to prevent that from happening.
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Buy now, pay later schemes putting young shoppers at debt risk
One in six customers who use payment methods such as Afterpay and Zip Pay run into financial strife – and ASIC is putting the 'buy now, pay later' industry under the spotlight.
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