In case you missed it, brokers originate nearly three-quarters of guarantee schemes, NAB clings onto business growth as home lending falls, demand rises for business credit, and more.
Brokers originate nearly 3/4 of guarantee schemes
Mortgage brokers are the main origination channel for the government’s home guarantee schemes, the NHFIC has revealed.
As home loans fall NAB eyes business lending ‘homeland’
The Australian home lending system “will probably drop” to 2.5–3 per cent growth in 2023, NAB has forecasted.
Demand rises for business credit: Equifax
Overall business credit applications grew by 3.1 per cent in the September quarter despite economic volatility, Equifax has revealed.
NSW shared equity gets the green light
The state’s key workers, single parents and older singles can tap into the government’s shared equity scheme after it became law.
