Monthly Archives: September 2017

Auto club launches regional bank – Australian Broker

  As read in Aust Broker OnlineMotoring association and mutual organisation Royal Automobile Club of Queensland (RACQ) has launched the RACQ Bank brand, opening 13 branches across the state. Unveiled yesterday (25 September), the bank will provide personal banking products including mortgages to RACQ’s 1.6 million members. “We’re committed to giving members honest, easy and […]

‘Major flaw’ with mortgage comparison rates, says CEO- MortgageBusiness Online

As read in MortgageBusiness online – The boss of one of Australia’s largest home loan comparison websites says that comparison rates are now obsolete and “decades behind” today’s market conditions. RateCity CEO Paul Marshall said that while the comparison rate is a good concept, it is no longer helping mortgage borrowers as much as it once did. […]