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RBA declares October cash rate

The Reserve Bank has confirmed its cash rate decision for October, amid increasing talks of lending curbs. 

GROWTH • Tue, 05 Oct 2021

Dwelling approvals bounce back after stimulus wind-down

Construction approvals for dwellings rebounded in August according to ABS data, rising after declines in the months following HomeBuilder.

GROWTH • Mon, 04 Oct 2021

Owner-occupier lending dragged amid lockdowns

The value of new home loans declined by 4.3 per cent in August, as owner-occupier lending fell amid ongoing COVID-19 restrictions.

BROKER • Sun, 03 Oct 2021

MoneyMe secures $50m funding commitment

The ASX-listed lender has signed a $50 million four-year-long funding agreement, with plans to grow its product suite.

AGGREGATOR • Sun, 03 Oct 2021

Digital lenders challenging the banks: Prospa

Fintechs have been taking components of the banking system and repackaging them into stronger offerings than previously seen, according to one of the business lender’s ...

LENDER • Wed, 29 Sep 2021

Mortgage brokers writing commercial loans hit high

The number of mortgage brokers branching into commercial loans has surpassed previous records, while the value of mortgage settlements has kept rising, according to the ...

AGGREGATOR • Wed, 22 Sep 2021

Climate change threatens property values: RBA

A number of regions could see a material decline in housing prices due to physical risk from climate change, according to the Reserve Bank.

COMPLIANCE • Tue, 21 Sep 2021

Stamp duty, supply blocking housing affordability: REA

Reforming stamp duty, increasing housing supply and further extending home-buyer assistance would help housing affordability, according to REA Group.

COMPLIANCE • Mon, 20 Sep 2021

Prioritise lending standards over turnarounds: ANZ CEO

The big four boss has declared that banks should now be conducting more strenuous checks on loan applications, even if it stretches out approval times.

LENDER • Sun, 19 Sep 2021