The recent communications around the best interest duty bill, currently being tabled in Parliament, have thrown the mortgage broking world into a tizz. One aggregator though has taken this as an opportunity to do better. Australian Finance Group (AFG) has introduced a new consumer-friendly communication tool to their processes. This simple one-page document is meant to be easily consumed, clearly explaining why the selected product is appropriate for the customer. This is then signed off by both broker and consumer recognizing those reasons.   

You might have been told that tying up your loans with one lender is a neat and tidy way to manage your mortgages.

And it is, for the banks.

NAB released its Commercial Property Survey for the third quarter of 2016. The report offers detailed insights into the Australian commercial property market, state-by-state.

We’ve summarised key findings from the report. For the full version head here.