Non-bank urges brokers to avoid big banks (Australian Broker)

Firstmac has come out swinging for brokers after banks threw them under the bus at the Financial Services Royal Commission.

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09 Mar 2016

Lenders face bubble claims, market ructions in funding bids

James Austin, the chief financial officer of the biggest non-bank mortgage lender, Firstmac, said he could see the the huge amount of publicity research firm Variant Perception and its client Bronte Capital generated in late February claiming an Australian house price bust was close had added to the price Australian lenders had to pay on wholesale markets. - Sydney Morning Herald- view article