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Breaking News
Brokers urged to start succession planning early
by Reporter • 10 Jan 2025
As the first generation of mortgage brokers reaches retirement age, brokers are being urged to consider what their...
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New year sees return of consumer confidence: ANZ
by Will Paige • 10 Jan 2025
A ‘New Year’s bump’ helped lift consumer confidence to one of the highest levels seen since the beginning of...
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Metro Finance receives $50m green loan funding boost
by Ben Squires • 10 Jan 2025
The non-bank has seen the government double its funding to the program that offers broker clients discounts on green...
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Hot Property: The biggest property headlines from the week 6–10...
by Ben Squires • 10 Jan 2025
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 10...
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97% of banks have open banking data issues for mortgages
by Annie Kane • 9 Jan 2025
Eighty-six of 88 banks have been found to have data quality issues in their open banking data for home loans, according...
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New EV sales roar to record high as car financing accelerates
by Will Paige • 9 Jan 2025
Nearly one in 10 new car sales were electric vehicles last year, according to the Electric Vehicle Council, as strong...
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New CEO announced at Beyond Bank
by Annie Kane • 8 Jan 2025
The non-major lender has revealed that it will welcome a new CEO on 26 March 2025.
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Inflation rose in November, but trimmed mean continues to fall
by Annie Kane • 8 Jan 2025
Higher alcohol, tobacco, and food prices played a role in rising inflation over November 2024, but the underlying...
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Government encourages Australians to ‘switch to better’ home loans
by Annie Kane • 8 Jan 2025
Treasury officials have said the government encourages borrowers to “find and switch to better” mortgages,...
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Housing supply under the spotlight as building approvals drop
by Will Paige • 8 Jan 2025
The number of dwelling approvals fell 3.6 per cent in November, falling from a 22-month high the previous month,...
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Market downturn to be short-lived: CoreLogic
by Will Paige • 8 Jan 2025
Australia’s house prices may have downturned but home values are expected to bounce back soon, according to...
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Gen X overtakes Baby Boomers in property wealth
by Reporter • 8 Jan 2025
The middle-aged generation is now the biggest holder of housing assets, overtaking Baby Boomers for the first time,...
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Brokers reveal their plans and predictions for 2025
by Ben Squires • 7 Jan 2025
As many brokers return to work this week, we’ve asked some of our readers what they’re focusing on this year to...
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Sub-aggregator Brass Aggregation launches
by Will Paige • 7 Jan 2025
A Victorian-based sub-aggregator, led by industry veteran Marcus O'Brien has been launched to help brokers build their...
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Domain reveals its property predictions for 2025
by Reporter • 7 Jan 2025
The listings portal has unveiled its top predictions for the Australian property market in 2025, highlighting the...
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New head of banking appointed at RBA
by Reporter • 7 Jan 2025
A former CBA banker is set to join the Reserve Bank of Australia as its new head of banking.
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Shadow financial services minister reveals how the Coalition would...
by Annie Kane • 6 Jan 2025
The Liberals would reduce immigration, enable superannuation withdrawals for first home buyers, and tweak...
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Mutual bank members vote in favour of merger
by Annie Kane • 6 Jan 2025
The merger between G&C Mutual Bank and Unity Bank is expected to be completed in a few months after members voted...
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Government to boost mental health funding for small businesses
by Will Paige • 6 Jan 2025
The federal government has pledged almost $11 million in mental health and financial counselling support for small...
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CBA and Macquarie dominate mortgage book growth
by Annie Kane • 3 Jan 2025
CBA’s mortgage book grew by more than $3 billion in November, while Macquarie maintained its title as the...
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Non-major banks outline their priorities for 2025
by Annie Kane • 3 Jan 2025
The non-major banks were rapidly transforming and digitising in 2024 – but there’s more to come in 2025. We asked...
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Rate cuts, AI and wage growth set to impact brokers in 2025: LMG
by Will Paige • 3 Jan 2025
AI, interest rate cuts and rising consumer confidence are among the trends set to hit brokerages next year, according...
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Home values drop for first time in nearly 2 years
by Annie Kane • 2 Jan 2025
The value of property fell in December 2024, drawing to a close the growth cycle that first started in February 2023,...
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Mutual bank leaders unpack their focus points for 2025
by Annie Kane • 2 Jan 2025
As we close out 2024, we asked mutual bank leaders what they plan to roll out in 2025 for brokers and the wider...
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LMG adds MONEYME to lending panel
by Will Paige • 2 Jan 2025
MONEYME has joined LMG’s lending panel just days after securing a new $125 million funding facility.
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