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With house listings in some suburbs lasting just two days, buyers in Perth have been facing an uphill battle to secure a property, with short supply further stifling the market.

Following Macquarie’s move to pull back on lending to trusts and companies, non-bank lender Wave Money has highlighted that it is actively lending to these segments.

The financial complaints body has urged small businesses to be cautious when dealing with unregulated lenders.

Mortgage demand has surged to the highest level since 2021, boosted by strong first home buyer uptake, according to Equifax.

A new open banking app and desktop portal that allows consumers to share real bank data with their mortgage broker has been launched.

The watchdog has warned of problematic sales tactics and a lack of oversight of brokers and dealers by auto finance lenders.

Bendigo and Adelaide Bank has reported a drop in residential lending over the September quarter, despite an uptick in customer deposits.

The non-major bank has appointed technology provider NextGen to deliver its back-end platform and help deliver faster decisions.

Despite growing its loan book, the major bank’s profits have tumbled, impacted by costs tied to regulatory settlements and restructuring.

The low-deposit loan is available for owner-occupiers and property investors with a 10 per cent deposit.

Low use of AI in the mortgage space highlights possible caution among borrowers.

The non-bank lender has announced two new products, including a loan for investors purchasing commercial properties, as it continues to broaden its offering.

The CEO of the MFAA has published an open letter criticising the push by major banks to increase focus on proprietary lending channels.

The opposition party has branded transfer duty as “inefficient” and pledged to phase it out by 2041.

As the RBA holds the cash rate, strong demand and limited housing supply are set to sustain momentum in the property market heading into 2026.