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Michael Mata is a content marketing specialist, editor and writer. He is a former journalist at Your Investment Property Magazine.
The Australian Securities and Investments Commission (ASIC) is initiating reforms that are designed to make superannuation fees more transparent and easier to understand.
By requiring mortgage brokers to meet volume targets to retain accreditation, lenders are disadvantaging borrowers and encouraging some brokers to engage in risky behaviour, said Peter White, executive director of the Finance Brokers Association of Australia (FBAA).
Following the downturn in building activity that started in March, the Housing Industry Association (HIA) said the nation’s housing sector has “already stepped back” in its role as a major driver of the Australian economy.
