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Hot Property: The biggest property headlines from week 11–15 March
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 15 March.
BORROWER • Thu, 14 Mar 2024
National median house price over $1m: REIA
A new report has found that Australia’s median house prices grew to over $1 million in the December 2023 quarter.
BORROWER • Wed, 13 Mar 2024
Brokers reveal how borrowers are faring with arrears
With emerging data suggesting arrears are set to rise, brokers have highlighted what they’re noticing from their clients.
BORROWER • Tue, 12 Mar 2024
Non-bank partners with VOW Financial
Better Choice has announced a partnership with the aggregator to enhance commercial loan solutions for brokers.
LENDER • Tue, 12 Mar 2024
Shine Lawyers files class action against Aussie Home Loans
The law firm has targeted the major brokerage over the efficacy of third-party insurance policies.
BROKER • Mon, 11 Mar 2024
Uptain and Custom Equity unveil strategic alliance
The non-bank lender and aggregator have announced a new strategic partnership.
GROWTH • Mon, 11 Mar 2024
Brokerage underpaying staff slammed with $99k penalty
The Fair Work Ombudsman has penalised a Melbourne-based mortgage broking business for payment contraventions.
COMPLIANCE • Sun, 10 Mar 2024
Bankwest transformation to be beneficial for brokers: Associations
The subsidiary’s shift towards full digitisation is good news for brokers, the FBAA and MFAA have said.
BROKER • Thu, 07 Mar 2024
Rising property prices could delay rate cuts: Economist
The current trend in rising home values could push back the RBA’s plans to cut interest rates.
BORROWER • Wed, 06 Mar 2024