Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MOREInterest-only loans expensive and inappropriate for most owner-occupiers: ASIC
Banks and mortgage brokers have been put on notice that they will be pursued by the Australian Securities and Investments Commission unless they tighten up their selling of interest-only loans to home buyers.
While ASIC's interim review found major banks have cut back their interest-only lending, this has been offset by smaller lenders increasing their share of that market.
Read the full article on ABC Online.
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