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Household credit demand hits new record
by Annie Kane • 30 Sep 2024
A record $57.5 billion of credit was borrowed by households in the June quarter, new statistics from the ABS have... READ MORE

Over 1/3 of suburbs now have a median price point over $1m
by Sebastian Holloman • 30 Sep 2024
Australia’s million-dollar club is the biggest it’s ever been, with a number of new suburbs recently added to the... READ MORE

Negative gearing removal would be ‘playing with fire’, warn...
by Annie Kane • 27 Sep 2024
As negative gearing becomes political football once again, brokers have warned how removing the tax incentive would... READ MORE

AFG reflects on 30 years of broking

by Annie Kane • 27 Sep 2024
Australian Finance Group has marked its 30th anniversary, reflecting on the success and swell of the industry over the... READ MORE

Hot Property: The biggest property headlines from the week 23–27...
by Annie Kane • 27 Sep 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 27... READ MORE

REA Group to buy share in non-bank lender
by Annie Kane • 26 Sep 2024
The REA Group has agreed to acquire a 19.9 per cent interest in non-bank lender Athena Home Loans. READ MORE

Submissions open for Better Business Awards 2025
by Arabella Walton • 26 Sep 2024
Nominations and submissions are now open for the 12th annual Better Business Awards, run in collaboration with... READ MORE

CPI now within RBA target band
by Annie Kane • 25 Sep 2024
New figures have revealed that inflation is now within the RBA’s 2–3 per cent target band, with energy rebates... READ MORE

ASIC begins cancelling credit licences following CSLR payments
by Annie Kane • 25 Sep 2024
The financial services regulator has, for the first time, cancelled credit licences of companies following the payment... READ MORE

Should APRA have a set arrears target?
by Annie Kane • 25 Sep 2024
A submission to the Senate’s home ownership inquiry has said APRA should have a 2–3 per cent target for home loan... READ MORE

Borrowers will welcome cash rate hold, say aggregator leaders
by Annie Kane • 24 Sep 2024
Members of the broking industry have said that the decision to hold the cash rate will be welcome news to borrowers,... READ MORE

September–October cash rate decision called
by Annie Kane • 24 Sep 2024
The central bank has announced its monetary policy decision for September–October, dousing hopes for a rate cut this... READ MORE

Cost of living now the main barrier to home ownership
by Annie Kane • 24 Sep 2024
The cost of living has surpassed housing affordability as the main barrier to home ownership, according to new research... READ MORE

Finalists unveiled for Women in Finance Awards 2024
by Malavika Santhebennur • 24 Sep 2024
Mortgage and commercial finance brokers are in the running to win one of the coveted Women in Finance Awards 2024. READ MORE

ASIC sues Sydney businesses for alleged unlicensed lending
by Reporter • 24 Sep 2024
A south-west Sydney car dealership is being sued for allegedly providing unlicensed car loans to consumers, which had... READ MORE

New tech partnership aims to optimise onboarding and origination
by Ben Squires • 24 Sep 2024
The partnership will provide banks and lenders with a “complete, end-to-end solution”. READ MORE

Majority of brokers have repeat clients
by Annie Kane • 23 Sep 2024
Fifty-seven per cent of brokers see at least half of their clients come back to them for another loan, according to new... READ MORE

Housing affordability level hits record low
by Ben Squires • 23 Sep 2024
High mortgage rates and increasing house prices have resulted in the poorest housing affordability level on record,... READ MORE

91% of FHBs likely to use a broker: Helia
by Annie Kane • 20 Sep 2024
Nine in 10 first home buyers are likely to use a mortgage broker to obtain a loan for their property, according to new... READ MORE

CBA pushes back rate cut forecast
by Annie Kane • 20 Sep 2024
Hope is fading that the RBA will cut rates this year, with another major bank pushing back its forecasts for a rate... READ MORE

Former bank CEO joins Bendigo board
by Annie Kane • 20 Sep 2024
A former CEO of Rabobank New Zealand has joined the non-major bank as a non-executive director. READ MORE

Hot Property: The biggest property headlines from week 16–20...
by Annie Kane • 20 Sep 2024
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 20... READ MORE

Lenders slammed for delays in processing loans
by Annie Kane • 19 Sep 2024
Delays to processing, poor communication, and issues with lender systems have been flagged by brokers, with the FBAA... READ MORE

Westpac launches digital solution for commercial brokers
by Annie Kane • 19 Sep 2024
Brokers will soon be able to submit a digital loan application for business customers to Westpac, as a result of a new... READ MORE

Finalists revealed for first-ever Momentum Media Australian AI Awards...
by Annie Kane • 19 Sep 2024
Mortgage broking businesses are in the running for a Momentum Media Australian AI Award, recognising those leading the... READ MORE