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Articles

Brokers urged to demand pay rise

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By Madison Utley, Brett A Mansfield, SEQ Broker
| Australian Broker Verified
According to an established mortgage broker in the investment property space, the royal commission media coverage and ensuing widespread broker support has provided the industry with a unique opening to demand a raise in compensation. “Now that we’ve got Australians on our side, bipartisan support of the political parties, and the media behind us, this is the opportunity that we need to turn around and go to the banks and say, “We deserve a pay raise.
Open in Who Shared Issue with article?

Major bank changes home loan interest rates

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By Sally Field, SEQ Broker, Ivanhoe Broker
| Australian Broker Verified
NAB has today announced a range of changes to its home loan interest rates, including a new special fixed rate for first home buyers – the lowest rate ever offered by NAB – and increases to interest rates for new and existing owner occupier and residential investor borrowers.For prospective first home buyers, the Special NAB 2 Year Package Fixed Rate is now 3.69% p.a. effective from today (16 March).Owner-occupiers see the NAB Standard Variable Rate increase from 5.25% p.a. to 5.32% p.a....
Open in Who Shared Issue with article?
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