Breaking

Does CBA’s direct play spell the end of retail lending?
22 May 2024

With the major bank set to launch a digital-only home loan, speculation is mounting that this could mark the beginning of the end of home lending through branches.

Client circumstances drive brokers to non-banks at record levels: Broker Pulse
22 May 2024

While the risk appetite of major banks shrank, more brokers have been using non-banks to help meet client circumstances, according to a new survey.

Home buying sentiment showing signs of improvement: Westpac
22 May 2024

The major bank’s monthly survey has found some positivity in the attitudes of potential home buyers.

RBA avoided ‘excessive fine-tuning’ during May decision
21 May 2024

The stronger-than-expected economic data prints were not enough for the RBA to lift interest rates in May.

CBA launches direct-to-consumer refinance product
21 May 2024

The major bank is set to launch a new, more affordable refinance option, available exclusively to borrowers online.

Tasmanian government extends share equity program
21 May 2024

The state government’s MyHome program has been expanded to support more Tasmanians in entering the housing market.

Cost-of-living causing milestone delays: Finder
21 May 2024

Australians have paused major life milestones due to climbing living costs, new research has said.

Lenders need to do better on financial hardship assistance: ASIC
20 May 2024

The regulator has warned lenders that it will take enforcement action if they do not improve their financial hardship assistance services.

Home sales surge prior to building code changes: HIA
20 May 2024

The association’s report has found that new home sales spiked in April driven by home buyers circumventing government regulations.

Dutton hits back at Labor’s housing plans
17 May 2024

The Leader of the Opposition has said that the housing crisis has gotten worse under the Labor government.

Unemployment up to 4.1%: ABS
17 May 2024

Australia’s labour market has shown signs of easing in the latest ABS dataset.

Lenders wary of construction insolvencies: Brokerage
17 May 2024

The reputations of construction companies have impacted loan approvals, a new report from Stamford Capital has said.

Budget makes 3 ‘big misses’: CoreLogic
17 May 2024

CoreLogic’s head of research has analysed what the federal budget got right and what it got wrong.

Winners of Mortgage Business Awards 2024 unveiled
17 May 2024

More than 20 members of the third-party channel have been chosen as winners at the second annual Mortgage Business Awards.

Will the budget affect the timeline on rate cuts?
16 May 2024

With the federal government revealing the budget 2024/25, bank economists have analysed how this may determine the RBA’s attitude towards interest rates.