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Government to reissue unused first home buyer grants

The government will roll over more than 4,500 unused guarantees for first home buyers from the previous financial year, giving aspiring property owners a second chance.

COMPLIANCE • Thu, 09 Dec 2021

Prepare for investor ramp-up, NAB tells brokers

The big four bank has launched a new guide on property investors for brokers, tipping the fastest growing customer segment will maintain its rise in 2022.

BROKER • Wed, 08 Dec 2021

Loan price war heating up: BOQ

Despite growth across each of its lending businesses, Bank of Queensland has warned its net interest margin will be squeezed by “intense price competition” and tougher ...

LENDER • Tue, 07 Dec 2021

RBA makes December cash rate call

The Reserve Bank has declared its last cash rate decision for 2021, as analysts continue to speculate on when a rise could be on the cards.

GROWTH • Tue, 07 Dec 2021

Fall in apartment developments drags dwellings approvals: ABS

The number of dwellings approved for building fell by 12.9 per cent in October, mostly dragged by a plunge in town house and apartment approvals.

COMPLIANCE • Wed, 01 Dec 2021

House price rise slowing down: CoreLogic

Australian house prices were up by 1.3 per cent in November, the softest rise recorded by CoreLogic since January.

GROWTH • Wed, 01 Dec 2021

Bendigo Bank to launch home loans to brokers

The bank has flagged that it will open up its home loans to the broker channel within the next two years, under a greater transformation strategy.

BROKER • Sun, 28 Nov 2021

ASIC demands review into ANZ home loan referrals

Under a new lawsuit against ANZ, ASIC has sought a probe into the major bank’s current home loan customer referral arrangements.

LENDER • Sun, 28 Nov 2021

Pepper Money eyes gaps left by big four

The ASX-listed lender has aimed to become the “new major”, targeting underserved customers, as it has flagged new incoming mortgage products in 2022.

TECH • Thu, 25 Nov 2021