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Breaking News
Terminal rate forecasts rejigged following RBA decision
by Annie Kane • 8 Jun 2023
Several economists have increased their terminal cash forecasts after the central bank hiked rates and foreshadowed...
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Property prices could hit new peak by January: PropTrack
by Adrian Suljanovic • 8 Jun 2023
Australian property prices could go back to positive annual growth, hitting new highs in January, if the pace of growth...
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Fintech hires new state manger Qld, NT, and WA
by Adrian Suljanovic • 8 Jun 2023
The fintech platform has announced Adam Barker as its new state manager for Queensland, Northern Territory, and Western...
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CBA hit with record fine for breaching spam laws
by • 7 Jun 2023
The communications watchdog has slammed the Commonwealth Bank with a $3.55 million fine for breaching spam laws.
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Refinance challenges ahead as rates rise
by • 7 Jun 2023
In a recent survey, brokers have expressed concerns about the impact of rising interest rates and longer processing...
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Fintech lender prices ABS transaction
by Adrian Suljanovic • 7 Jun 2023
The fintech lender has announced the pricing of a $406 million asset-backed securities transaction covering automotive...
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2 major banks announce head of broker changes
by Annie Kane • 6 Jun 2023
Two big four banks have announced changes to their head of broker channel.
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Rate hike to 'tip people into financial hardship', warns broker
by Adrian Suljanovic • 6 Jun 2023
The RBA's latest rate hike could potentially push people into more financial hardship, a broker has warned.
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Mortgage stress hits 15-year high
by • 6 Jun 2023
A growing number of Australians face potential mortgage stress, ahead of the central bank’s monetary policy meeting...
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Fixed-rate roll-offs to double each month to December: Connective
by Annie Kane • 6 Jun 2023
For every month between now and December, the volume of fixed-rate loans expiring at Connective will be double what...
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Brokers drive strong uptake in Shift equipment line transactions
by Annie Kane • 6 Jun 2023
Seventy per cent of Shift’s equipment line transactions have been originated by the broker channel, the SME lender...
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LMG appoints executive CISO
by Reporter • 6 Jun 2023
The aggregator has announced the appointment of Luke Jarmaine as its new CISO to further protect brokers and clients...
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How brokers are helping borrowers navigate the fixed-rate cliff
by Annie Kane • 5 Jun 2023
With hundreds of thousands of borrowers rolling off their fixed-rate mortgages, we ask brokers what they are doing to...
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Lender penalised for charging excessive interest to consumers: ASIC
by Adrian Suljanovic • 5 Jun 2023
The Federal Court has issued a penalty to a lender that was found to charge excessive interest rates on its consumers.
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Mortgage Choice launches campaign to recruit more female brokers
by Reporter • 5 Jun 2023
The brokerage group today (5 June) launched a new campaign to help increase the number of women in the mortgage broking...
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AMP Bank ‘sticking with 3%’ buffer for now
by Annie Kane • 2 Jun 2023
The non-major bank has said it is “sticking with a 3 per cent buffer” on its loans as it considers it to be “very...
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MA Money appoints head of sales and strategic partnership
by Adrian Suljanovic • 2 Jun 2023
The non-bank lender has announced the appointment of Alex Brgudac as the company’s new head of sales and strategic...
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MFAA announces new Qld state manager
by Adrian Suljanovic • 2 Jun 2023
The MFAA has appointed Chad Hoy Poy as its new state manager for Queensland.
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Hot Property: The biggest property headlines from week 29 May to 2...
by Adrian Suljanovic • 2 Jun 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 2...
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The fixed-rate cliff arrives
by Annie Kane • 1 Jun 2023
The bulk of super-low fixed-rate loans will be expiring over the next few weeks onto much higher revert rates, but APRA...
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Student debt hampers borrowers’ serviceability
by • 1 Jun 2023
Lingering university debt will put home ownership further out of reach for many Australians, as home loan...
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Owner-occupied lending lifts more than $5bn in April
by • 1 Jun 2023
Australian banks’ total mortgage portfolio surpasses $2 trillion, as owner-occupied lending continues to lift.
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Major bank announces 2 appointments
by Adrian Suljanovic • 1 Jun 2023
The major bank has announced the appointment of a new chief information security officer and a new board member.
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Broker market share hits March quarter record: MFAA
by Adrian Suljanovic • 31 May 2023
The MFAA has confirmed mortgage broker market share has reached a new milestone for the March quarter.
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15% of FHBs facing ‘mortgage prison’: Lendi
by Annie Kane • 31 May 2023
More than 15 per cent of first home buyers have a loan-to-value ratio over 90 per cent and could find it difficult to...
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