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.

View article here 

Read more…

Recent articles

01 Aug 2015

Non-banks set to boom thanks to APRA crackdown on property investors

Smaller mortgage lenders are queuing up to take a bigger slice of the the big banks' hefty profits from home loans, as banks are forced to tighten the screws on landlord borrowers.

As Westpac and Suncorp became the latest banks to raise interest rates for investors on Friday, the country's biggest non-bank lender, Firstmac​, said it was seeing early signs of a surge in demand for property investors.- Sydney Morning Herald- view article