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Mortgage stress mounts amid prolonged wait for rate relief
by Will Paige • 16 Jan 2025
Mortgage stress is on the rise as the extended wait for interest rate cuts impacts borrowers. READ MORE
Stephen Halmarick, CBA Chief Economist

Renewed confidence pushes spending up for mortgage holders

by Will Paige • 16 Jan 2025
Mortgage holders have increased spending more than those who own their home outright, in a possible sign that financial... READ MORE

Westpac appoints new head of broker
by Annie Kane • 15 Jan 2025
A major bank has announced it will welcome a new head of broker distribution next month, as the incumbent moves into a... READ MORE

Branding gains new significance as broker numbers swell

by Will Paige • 15 Jan 2025
With more mortgage brokers than ever before writing a record share of home loans, branding has never been more... READ MORE
Luci Ellis, Westpac economist

Expected rate cuts lift housing sentiment

by Will Paige • 15 Jan 2025
Consumer sentiment towards housing improved in January, driven by growing optimism about potential mortgage rate cuts,... READ MORE

‘Restoring the dream of home ownership’: Coalition pledges $50k...
by Emilie Lauer • 15 Jan 2025
The Coalition has pledged to allow first home buyers to access their super early to help fund their home ownership... READ MORE

CBA announces new GM of third-party banking
by Annie Kane • 14 Jan 2025
The major bank has announced that it has appointed a new GM of third-party banking, effective from 3 March 2025. READ MORE
APRA

Taiwanese bank granted foreign ADI licence
by Will Paige • 14 Jan 2025
An Asian bank has received a banking licence allowing it to provide services to wholesale clients in Australia and set... READ MORE
Stephen Jones MP

National campaign launches to combat scammer threat
by Will Paige • 14 Jan 2025
A new federal government initiative has been launched to better educate the public on detecting and protecting against... READ MORE

In Memoriam: Frank Cicutto 1950–2024
by Annie Kane • 14 Jan 2025
A former CEO of National Australia Bank, Franco (Frank) Cicutto, has passed away at the age of 74. READ MORE

Is insurance the next big challenge for home owners?
by Annie Kane • 13 Jan 2025
OPINION As wildfires devastate Los Angeles leaving an insurance bill in the tens of billions of dollars, could the... READ MORE
Closed

Unmanageable tax debts force closure of more than 1,700 businesses
by Will Paige • 13 Jan 2025
More than a third of private businesses with tax debt defaults of $100,000 or more have closed in the past year,... READ MORE
David Giffin

Wallabies rugby legend named deputy CEO at non-bank lender
by Will Paige • 13 Jan 2025
Rugby World Cup winner David Giffin has been named deputy CEO at a property debt fund. READ MORE
ANZ branch

ANZ brings forward rate cut call to February
by Annie Kane • 10 Jan 2025
The big four bank has revised its cash rate call, bringing forward the first rate cut to next month. READ MORE

Brokers urged to start succession planning early
by Reporter • 10 Jan 2025
As the first generation of mortgage brokers reaches retirement age, brokers are being urged to consider what their... READ MORE

New year sees return of consumer confidence: ANZ
by Will Paige • 10 Jan 2025
A ‘New Year’s bump’ helped lift consumer confidence to one of the highest levels seen since the beginning of... READ MORE

Metro Finance receives $50m green loan funding boost
by Ben Squires • 10 Jan 2025
The non-bank has seen the government double its funding to the program that offers broker clients discounts on green... READ MORE

Hot Property: The biggest property headlines from the week 6–10...
by Ben Squires • 10 Jan 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10... READ MORE

97% of banks have open banking data issues for mortgages
by Annie Kane • 9 Jan 2025
Eighty-six of 88 banks have been found to have data quality issues in their open banking data for home loans, according... READ MORE

New EV sales roar to record high as car financing accelerates
by Will Paige • 9 Jan 2025
Nearly one in 10 new car sales were electric vehicles last year, according to the Electric Vehicle Council, as strong... READ MORE

New CEO announced at Beyond Bank
by Annie Kane • 8 Jan 2025
The non-major lender has revealed that it will welcome a new CEO on 26 March 2025. READ MORE

Inflation rose in November, but trimmed mean continues to fall
by Annie Kane • 8 Jan 2025
Higher alcohol, tobacco, and food prices played a role in rising inflation over November 2024, but the underlying... READ MORE

Government encourages Australians to ‘switch to better’ home loans
by Annie Kane • 8 Jan 2025
Treasury officials have said the government encourages borrowers to “find and switch to better” mortgages,... READ MORE

Housing supply under the spotlight as building approvals drop

by Will Paige • 8 Jan 2025
The number of dwelling approvals fell 3.6 per cent in November, falling from a 22-month high the previous month,... READ MORE

Market downturn to be short-lived: CoreLogic
by Will Paige • 8 Jan 2025
Australia’s house prices may have downturned but home values are expected to bounce back soon, according to... READ MORE