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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08 Jun 2016

RBA puts official interest rate on hold

For the second consecutive month, the Reserve Bank of Australia has announced that the official cash rate would be left unchanged at a historical low of 1.75 per cent. The mortgage industry has welcomed the announcement, with many experts claiming that it is the ‘right move’ as it would provide scope for further cuts in the short term.- Your Mortgage- view article here