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The Banks are at it again!

Despite the Reserve Bank of Australia (RBA) keeping a record low interest rate of 1.5% for the last 25 consecutive months & Westpac recording a $5.4 billion profit last year. Westpac announced that they are increasing their variable interest rates by 0.14% p.a. On a $500k loan this is going to increase your repayment by approx. $700 p.a. This is

The Banks are at it again! Read More »

How resilient are you? If a Royal Commission storm flew over your business would you survive?

It’s been a few weeks since the mortgage broking industry had the biggest storm of #adversity hit since the GFC in 2008. Here’s my take; 9 of the 76 Royal Commission report recommendations have a direct impact on the mortgage broking industry, in particular they have made recommendations on the way we get remunerated. Whilst

How resilient are you? If a Royal Commission storm flew over your business would you survive? Read More »

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