Breaking

Growing signs of a residential market slowdown have prompted more mortgage brokers to consider commercial lending, according to one specialist training provider.

Australian Finance Group has appointed a senior Azure Capital partner to its board as an independent non-executive director.

Australia’s banks recorded their strongest month for business lending since the onset of the COVID-19 pandemic, adding almost $20 billion in June.

A new platform promising to cut loan application preparation time from hours to under 10 minutes has launched to the Australian broker market.

Sydney-based non-bank lender Loanworks Lending has completed its largest residential mortgage-backed securities transaction to date, raising $850 million as it looks to continue expanding ...

The lender panel behind the federal government’s 5 per cent Deposit Scheme has expanded to include its first non-bank lender.

Australia’s housing downturn has broadened in July, with Brisbane and Adelaide joining Sydney and Melbourne in posting monthly price falls.

One in three older home owners are delaying downsizing as Australia’s property market softens, with many exploring other ways to unlock equity, new data has revealed.

Beyond Bank has become the first branch-based lender to extend open banking from the broker channel into its first-party lending experience.

HSBC has entered into a binding agreement to sell its $36 billion home and personal loan portfolio to US alternative asset manager Blackstone.

A new non-bank lender is set to enter the retirement lending market, led by Volt Bank co-founder Luke Bunbury, with plans to launch a new home equity product later this year.

National Australia Bank’s business and private banking division recorded its strongest June month since FY2021–22 despite a slowdown in home loan applications.

Major product launches and policy changes have come to market this week. Here’s a round-up of the key changes brokers should be aware of.

The non-major has become the first bank to offer a 40-year loan for investors that offers up to 10 years interest-only.

Loan book valuer and lender TrailBlazer Finance has boosted the maximum funding available through its loan book-backed lending product for brokers.