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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.

The Commercial & Asset Finance Brokers Association has called for the instant asset write-off threshold to be increased, arguing that the proposed $20,000 cap is insufficient to drive ...

A broker’s ability to provide the right advice depends on having a clear picture of a client’s position. But building that picture is not always straightforward.

Pepper Money has broadened its lending appetite through increased maximum LVRs and loan size limits in a policy adjustment designed to help brokers place more complex deals.

Regulatory change and shifting borrower needs are creating new opportunities for brokers, with Bluestone Home Loans pointing to commercial lending, SMSF and ATO debt consolidation as key ...

Brokers have been told open banking’s biggest opportunity isn’t faster processing, but stronger client relationships built on better advice.