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Rate hike reprieve likely for December
4 December 2023

Predictions from the big bank economists and markets have foreseen interest rates to hold steady in December.

Building approvals bounce back in October: ABS
4 December 2023

The number of dwellings approved ticked up for the month, however, economists still note that approvals are sitting at low levels.

Government pushes forward with Digital ID 
4 December 2023

Legislation has been presented before the Senate that aims to “strengthen and expand Australia’s Digital ID System” and could speed up the loan process.

Auswide Bank appoints next CEO 
1 December 2023

The lender has revealed its next managing director and chief executive.

November property prices hit record highs
1 December 2023

National home prices have reached new heights for the month despite rising interest rates and an easing in price growth.

CBA mortgage book holds steady in October: APRA
1 December 2023

The major bank’s loan book has recorded a slight increase, breaking three consecutive months of declines.

Dynamoney appoints new chairman 
1 December 2023

The recently rebranded SME lender has revealed its new chair following the retirement of John Murphy.

Firstmac completes $300m auto ABS issue
1 December 2023

The non-bank lender has completed its second-ever auto ABS transaction at $300 million.

Monetary policy ‘taming the inflation beast’: CreditorWatch
30 November 2023

The central bank’s rate hikes appear to be working as intended to mitigate inflation, CreditorWatch’s chief economist has said.

Financial hardship rises for sixth consecutive quarter: NAB 
30 November 2023

The major lender has found the number of Australians who have experienced financial hardship rose to 44 per cent in Q3 2023.

NSW government announces plans to fast-track low to mid-rise housing
30 November 2023

The Minns government has announced plans to tackle housing supply issues by fast-tracking the creation of new homes.

In Memoriam: Cameron Small, 1969–2023
29 November 2023

Cameron Small, a long-serving member of the finance industry and experienced CFO, has passed away at the age of 54.

Heritage and People’s Choice reveals new name
29 November 2023

Following the merger of Heritage Bank and People’s Choice Credit Union, the mutual lending group has unveiled what its new name will be.

Help to Buy package to be introduced this week
29 November 2023

This week, legislation to create the federal government’s shared equity scheme for home ownership will be introduced to Parliament.

WLTH acquires Mortgage Mart
28 November 2023

The neo-lender has acquired the mortgage manager in a move to “create greater competition” and a broader range of solutions for brokers and their clients.