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Business lending at National Australia Bank has grown over twice as fast as home lending, as market share gains cement the lender as Australia’s largest business bank.

Non-bank lender First Federal has expanded the loan term of its business lending offering to 40 years with the launch of First Business 40.

Clearance rates across Australia’s capital cities have fallen to 40.7 per cent for the week ending 1 November, their lowest level since the start of the COVID-19 pandemic in April 2020.

Following another rate hike from the Reserve Bank of Australia, lenders have continued to adjust their product line-ups and credit appetite. Here’s what you need to know.

Australia’s plunging house prices have done little to make it easier to afford a home, with higher borrowing costs eating into potential gains, new modelling has shown.

A dispute between former home loan provider RAMS and its past franchisees over alleged wrongful terminations and withheld trail commissions has been brought to an end.

Mortgage lenders have begun revealing when they will increase variable rates following the RBA’s November rate hike decision.

Amid a softening housing market, brokers are being urged to harness artificial intelligence tools to diversify their service offering and insulate their businesses, according to marketing ...

As the cash rate hits an 18-year high, Australia’s major lenders are rapidly crystallising their visions for the future path of interest rates.

Sydney-based company FRONT Financial has transformed into a standalone non-bank lender following the sale of its broking operations.

The Reserve Bank of Australia has quickened its stride in its race against inflation, as it loads more weight onto borrowers.

The major bank has accelerated its business lending expansion, driven by a deliberate pivot towards higher-margin commercial loans and direct-to-banker channels.

Brokers can now access near-instant quoting, automated lending decisions and live deal updates from SME lender OnDeck.

The non-bank has launched near-prime SMSF loans to help support SMSF borrowers with mortgage arrears, credit impairments and discharged bankruptcy.

Brokers can now offer Bankwest loans through the government-backed 5 per cent Deposit Scheme, after it became the latest bank to join the lender panel.