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APRA seeking feedback on student debt repayment reforms
The regulator has written to banks for feedback on proposed changes to student debt repayments.
COMPLIANCE • Thu, 20 Feb 2025
Bendigo and Adelaide Bank reports strong first-half residential lending growth
The non-major saw strong growth in its residential loan book in 1H25, achieving its biggest increase in six halves.
LENDER • Wed, 19 Feb 2025
Brokers must adjust to growing financial strain on borrowers
Rising levels of financial stress are changing the role of brokers, according to research from Wisr.
BROKER • Wed, 19 Feb 2025
Expected surge in refinancings could unlock broker opportunities
More than half of mortgagors plan to refinance in the next two years to take advantage of rate cuts, according to FBAA research.
BROKER • Tue, 18 Feb 2025
RBA cuts cash rate for first time in 4 years
The central bank has revealed in its first meeting of the year that it will drop the cash rate for the first time since November 2020.
BORROWER • Tue, 18 Feb 2025
Industry split over government ban on foreign buyers of existing homes
Politicians and brokers are divided on whether the Albanese government’s two-year ban on foreign investors buying established homes will effectively boost housing supply
BORROWER • Sun, 16 Feb 2025
Smartmove promotes 4 to new exec roles in regional growth push
The mortgage brokerage has created four new leadership roles amid a broader push to grow its regional presence and better support its broker network.
BROKER • Sun, 16 Feb 2025
HSBC joins Hai Money’s lender panel
Sub-aggregation group Hai Money has welcomed the non-major bank to its lender panel.
LENDER • Sun, 16 Feb 2025
Brokers have their say on student debt lending changes
Members of the industry have tentatively welcomed the move by the Treasury to change how lenders treat student debt, but some have suggested its reach will be negligible
BROKER • Thu, 13 Feb 2025