Breaking News

‘Nightmare’: RBA’s inflation warning puts another hike in play
by Charlie Tchetchenian • 22 Oct 2026
Borrowers face renewed rate pressure as the Reserve Bank confronts worsening inflation and wavering confidence. READ MORE

Coalition pledges major ‘attitudinal reset’ for ASIC and APRA
by Charlie Tchetchenian • 22 Oct 2026
The opposition wants a new regulatory balance, pairing growth ambitions with potentially tougher enforcement... READ MORE

Australia’s broking trail commissions ‘unusual’ by global...
by Charlie Tchetchenian • 22 Oct 2026
Australia’s standard use of ongoing broker trail commissions is “unusual” internationally, according to the... READ MORE

Finsure loan book climbs as broker numbers flatline
by Charlie Tchetchenian • 22 Oct 2026
Finsure’s loan book has expanded again, but its broker network remains smaller than last year. READ MORE

P&N lifts lending as mutual banks build momentum
by Charlie Tchetchenian • 22 Oct 2026
Mortgage growth has buoyed P&N’s annual results as customer-owned lenders expand and merger preparations gather... READ MORE

Refinancing responsible for over 50% of lodgements at LMG
by Charlie Tchetchenian • 21 Oct 2026
Refinancing represented a record share of September lodgements at LMG, as declining new lending and a deepening... READ MORE

Bendigo’s loan book shrinks despite signs of improvement
by Charlie Tchetchenian • 21 Oct 2026
Bendigo Bank’s lending update has revealed renewed contraction, tempering signs of improving momentum across its... READ MORE

CAFBA chief elected to small-business peak body board
by Charlie Tchetchenian • 21 Oct 2026
CAFBA CEO David Bushby has been elected to the COSBOA board. READ MORE

NAB swings the axe with bank to cut 6% of workforce
by Charlie Tchetchenian • 20 Oct 2026
NAB will eliminate up to 2,500 internal roles or about 6 per cent of its workforce, under a sweeping restructure. READ MORE

Mortgage slowdown sharpens tensions over selective cashback offers
by Charlie Tchetchenian • 20 Oct 2026
Banks risk damaging their networks of mortgage brokers by chasing short-term market share gains with exclusive cashback... READ MORE

Major bank CEOs to face Senate inquiry over offset failures
by Charlie Tchetchenian • 20 Oct 2026
Australia’s banking chiefs face demands for answers as scrutiny intensifies over major offset failures, which have... READ MORE

SFG adds Remara Money to lender panel
by Ben Squires • 20 Oct 2026
The non-bank has become the latest addition to the group’s lender panel, giving accredited brokers across the SFG... READ MORE

FHBs increasingly being edged out of new housing market
by Charlie Tchetchenian • 20 Oct 2026
First home buyers’ foothold in new housing is shrinking as financial pressures reshape market participation. READ MORE

FHB loan sizes jump as rate rises blunt 5% Deposit Scheme saving...
by Charlie Tchetchenian • 19 Oct 2026
First home buyer mortgages have climbed substantially since the federal government expanded its 5% Deposit Scheme,... READ MORE

Borrowers reveal why they are deserting the housing market
by Charlie Tchetchenian • 19 Oct 2026
Australians across the country are delaying property purchases while waiting for cheaper homes and steadier interest... READ MORE

Anja Pannek elected to board of small business peak body
by Charlie Tchetchenian • 19 Oct 2026
MFAA chief executive Anja Pannek has been elected to the board of the Council of Small Business Organisations... READ MORE

BOQ mortgage book plunges as bank flags reduced broker reliance
by Charlie Tchetchenian • 16 Oct 2026
Bank of Queensland has reported a major annual mortgage contraction while signalling plans to reduce its reliance on... READ MORE

Aggregators lash elevenfold jump in brokers’ CSLR special levy
by Charlie Tchetchenian • 16 Oct 2026
Aggregator leaders have condemned the elevenfold increase in brokers’ CSLR special levy and are demanding urgent... READ MORE

Broker hit with hefty penalty for exploiting migrant workers
by Charlie Tchetchenian • 16 Oct 2026
A Melbourne-based finance brokerage has been hit with a massive penalty after exploiting vulnerable workers, including... READ MORE

Household spending on mortgages reaches 3-decade high
by Charlie Tchetchenian • 16 Oct 2026
New figures have revealed how deeply housing debt is cutting into incomes as repayment pressures intensify. READ MORE

ASIC finds aggregators under-reporting complaints against brokers
by Charlie Tchetchenian • 15 Oct 2026
The financial regulator has uncovered gaps in complaint reporting, which it said raised questions about the picture... READ MORE

Mortgage demand collapses as refinancing retreat gathers pace
by Charlie Tchetchenian • 15 Oct 2026
Australia’s mortgage downturn has deepened, with refinancing weakening as affordability pressures weigh on borrowing... READ MORE

Lodgements drop at AFG as majors gain ground
by Charlie Tchetchenian • 15 Oct 2026
AFG’s latest figures have revealed softer mortgage activity alongside a marked shift in reported lender shares. READ MORE

RBA hints at further hikes in ‘hawkish’ minutes
by Charlie Tchetchenian • 15 Oct 2026
The RBA has left further interest rate increases on the table in September meeting minutes, which the major banks have... READ MORE

Mortgage industry says cheapest isn’t always best after BID review
by Charlie Tchetchenian • 14 Oct 2026
Industry leaders have backed stronger standards while warning that price alone cannot settle every borrower’s... READ MORE