Major banks have been forced to repay $55m to Aussie mortgage holders after an error meant borrowers were being “doubly hit”.

Australians are being urged to make a "quick" change that could save thousands of dollars a year on their home loans as rising interest rates threaten to add further pressure to their hip pockets.

Aussie is now taking on mortgage brokers not just the banks with the launch of what it hopes will become its leading sub brand, Aussie Mortgage Market, accompanied by a $12m campaign from The Moult ...