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Non-bank lender Bridgit has announced new product enhancements and staff appointments in response to feedback and insights from its brokers.

Commonwealth Bank of Australia has grown its business lending loan book across the last financial half year, lending $25 billion in business lending, new funding and drawdowns.

Non-bank lender Bluestone has recorded an uptick in broker activity in the year since its brand refresh.

A growing number of Australians are refinancing their mortgages, according to the latest data from the Australian Bureau of Statistics.

Brokers have been warned that Payday Superannuation reforms could reduce SME borrowing power by as much as 15 per cent.

Australian fintech platform Quickli has launched a new subscription-based tier designed for brokers and mortgage businesses.

With interest rates lifting and the possibility of further increases still on the table, brokers are being urged to rethink their SME strategies amid a tightening economy.

REA Group is adding to commercial lending capability by acquiring major commercial brokerage Simplicity Loans & Advisory.

Interest rate increases are set to hit mortgage holders in Victoria, Queensland, and Tasmania the hardest following the Reserve Bank’s latest move to lift the cash rate.

Western Australia has recorded the strongest mortgage growth of any state in the December quarter, emerging as the fastest-growing housing finance market in the country.

Australia’s property market has opened the year with stronger-than-expected momentum, with early auction results suggesting buyer demand is holding firm despite the recent rate hike.

More than half of residential brokers now offer multiple lending options, according to new data from aggregator Connective.

Brokers and investors have warned that proposed changes to the capital gains tax discount could cause unintended consequences without solving Australia’s housing shortage.

A growing demand for the Small Business Debt Helpline is underscoring mounting financial pressure on business owners, with Australian Tax Office debt accounting for the majority of issues.

BNK-owned lender Better Choice has pushed further into the SMSF market, cutting commercial SMSF rates by up to 60 basis points and simplifying its lending process.