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Breaking News
Majority of mortgagors won’t change repayment amounts
by Annie Kane • 18 Feb 2025
More than two-thirds of borrowers intend to maintain their current repayment amounts even as interest rates drop.
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Bank reveals which rates would trigger ‘considerable’ home buying
by Annie Kane • 18 Feb 2025
Great Southern Bank has plotted the critical interest rates at which more buyers will begin looking in earnest at...
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Lenders tipping rate cut at today’s RBA meeting
by Ben Squires • 18 Feb 2025
Market consensus has the RBA delivering its first interest rate cut since November 2020 today, but some economists...
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Westpac offers multiple offsets, tweaks rates as competition rises
by Annie Kane • 18 Feb 2025
Borrowers can now access up to 10 offset accounts and tweaked rates at Westpac, as the major bank chases growth in an...
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Prime Capital launches ‘jumbo’ business loan
by Annie Kane • 18 Feb 2025
Businesses can now borrow up to $25 million in business finance from the non-bank, as the lender identifies...
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Industry split over government ban on foreign buyers of existing homes
by Will Paige • 17 Feb 2025
Politicians and brokers are divided on whether the Albanese government’s two-year ban on foreign investors buying...
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AMP Bank book shrank in FY24 but broker flows growing
by Annie Kane • 17 Feb 2025
While the non-major’s loan book shrank in the financial year 2024, its mortgage book returned to growth in the second...
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Smartmove promotes 4 to new exec roles in regional growth push
by Will Paige • 17 Feb 2025
The mortgage brokerage has created four new leadership roles amid a broader push to grow its regional presence and...
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HSBC joins Hai Money’s lender panel
by Will Paige • 17 Feb 2025
Sub-aggregation group Hai Money has welcomed the non-major bank to its lender panel.
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Unlock the secrets to business growth at the Better Business Summit...
by Arabella Walton • 17 Feb 2025
A former broker and the current director of coaching business Auctus Coaching, Christian Paterson, will reveal the...
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Brokers urged to be proactive amid rate cut speculation
by Ben Squires • 14 Feb 2025
Brokers are being encouraged to review the lending landscape before the February rate decision, as more lenders reduce...
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Brokers have their say on student debt lending changes
by Will Paige • 14 Feb 2025
Members of the industry have tentatively welcomed the move by the Treasury to change how lenders treat student debt,...
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APRA clarifies presale stance for construction loans
by Annie Kane • 14 Feb 2025
The prudential regulator has written to banks to clarify its position on presales requirements following a request from...
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Investment home loans fall for first time in almost 2 years
by Will Paige • 14 Feb 2025
The number of new investment loans for dwellings fell in the December 2024 quarter, the first drop since the March...
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Hot Property: The biggest property headlines from the week 10–14...
by Ben Squires • 14 Feb 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 14...
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Younger home buyers face the brunt of delays and setbacks
by Will Paige • 13 Feb 2025
Almost all Generation Z borrowers face challenges when buying a home, according to Mortgage Choice, which has called...
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Personal lending hits new record high
by Annie Kane • 12 Feb 2025
The value of personal loans hit a new high in the December quarter of 2024, according to new statistics, with brokers...
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CBA broker flows continue to fall
by Will Paige • 12 Feb 2025
The proportion of broker-originated loans dropped once again at Australia’s largest lender, with two-thirds of home...
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Major changes to HECS home loan rules
by Ben Squires • 12 Feb 2025
The Treasurer has instructed the regulators to update their guidance to make it easier for those with student debt to...
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Industry welcomes research showcasing value of brokers
by Annie Kane • 12 Feb 2025
Members of the mortgage and finance broking industry have welcomed new Deloitte research showcasing the value of the...
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Housing issues grow in importance for voters as election looms
by Will Paige • 12 Feb 2025
Housing-related issues, including affordability concerns, are becoming increasingly important to voters as another...
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What is the value of the mortgage and finance broking industry?
by Annie Kane • 11 Feb 2025
Brokers contribute more than $4 billion to the economy, improve lending competition, help borrowers access lower rates...
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Shadow assistant treasurer calls for CSLR and serviceability buffer...
by Will Paige • 11 Feb 2025
Liberal Minister Luke Howarth has called for reforms into the CSLR and serviceability buffer, warning that both are...
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Broker lodges petition to hold property valuers to account
by Will Paige • 11 Feb 2025
A broker has lodged a petition in Parliament calling for property valuations to be better regulated, given...
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Which housing markets will rate cuts benefit most?
by Will Paige • 11 Feb 2025
The more expensive segments of the Sydney and Melbourne housing markets will likely benefit most from an interest rate...
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