Sat, 24th Aug 2024

In this week's Financial Services Online podcast, Paige Estritori provides updates on mortgage broking, Perth's property market, a tech glitch at the National Australia Bank, as well as decisions from the Reserve Bank of Australia. Recent developments include the Australian Securities and Investments Commission enhancing reference checks for mortgage brokers, contributing to improved industry standards. Additionally, Perth's housing market has seen a significant surge in property prices, influenced by factors like a robust job market and underbuilding. However, there has been a recent tech issue at the National Australia Bank, marking its second outage in two months. Plus, despite downward trending inflation, the Reserve Bank of Australia has decided to keep interest rates steady. Stay informed on finance industry news at financialservicesonline.com.au.n