Growing Borrower Concern as Cash Rate Threatens a 15-Year High
Cash sits at 4.35%; another +25bp would hit 4.60% — highest since 2011. Finconnex’s Aryal on nervous FHBs, investors and the $1,000 portfolio hit.
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Author: Jennifer Austin
Macquarie Reached a Decision in 1.7 Days in July. One Lender in the Same Survey Took 11.6
Broker Pulse’s July data shows a 9.9-day spread in lender decision times. ASIC’s RG 273 sets three conditions before speed can outrank cost on a file.
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ASIC Flagged Missed Reference Checks on the Advice Side. The Same Instrument Binds Your Credit Licence — and Gives Your Competitor 10 Business Days
ASIC flagged missed reference checks in its September advice update. The same protocol binds credit licensees authorising brokers, and starts a 10-day clock.
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The MFAA Has Asked Canberra to End Duplicate ID Checks. Until It Does, the Check You’re Doing Is the Lender’s Obligation, Not Yours
The MFAA wants Digital ID to end duplicate identity checks in lending. Until it does, brokers do the work — and hold the data — for someone else’s obligation.
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R U OK? Day: How to Ask a Broker Who’s Struggling — and What to Do With the Answer
It’s R U OK? Day. How to ask a broker who’s struggling, what to say, what not to say, and the free support lines to call. Practical, no fluff.
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