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Pepper prices $723m ABS
by Annie Kane • 15 May 2023
The non-bank lender has priced a $723.3 million transaction to help it grow its asset finance business.
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REIQ calls on investors for rental reform campaign
by Adrian Suljanovic • 15 May 2023
REIQ has urged property investors and managers to join a campaign to convince the Queensland government to reconsider... READ MORE
NAB to scrap cashbacks
by Annie Kane • 12 May 2023
A second big four bank has affirmed it will be removing cashback offers in the coming... READ MORE
Is HECS debt still ‘good debt’?
by • 12 May 2023
The once-considered ‘good debt’ will see more than 3 million Australians slugged with a 7 per cent indexation on... READ MORE
Business turnover up for service industry: ABS
by Adrian Suljanovic • 12 May 2023
The latest data on business turnover released by the ABS has revealed rises in 11 of the 13 published industries during... READ MORE
Hot Property: The biggest property headlines from week 8–12 May
by Reporter • 12 May 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 12... READ MORE
Predatory lending and high-cost credit in ASIC’s sights
by Annie Kane • 11 May 2023
Lender misconduct, predatory lending, and high-cost credit are being targeted by the financial services regulator over... READ MORE
Broker heads tentatively welcome no-frills budget
by Annie Kane • 11 May 2023
While the government’s ‘cost of living’ budget has been welcomed, members of the mortgage broking industry have... READ MORE
Small rewards for small business in budget 2023–24
by Annie Kane • 11 May 2023
Members of the SME finance community have lamented that there wasn’t more to help small businesses grow in the... READ MORE
NSW government scraps secret rent bidding loophole
by Adrian Suljanovic • 11 May 2023
The Minns Labor government has introduced a new bill to NSW Parliament to abolish secret rent bidding... READ MORE
Mortgagors confidence fell 3.2 points amid 11th rate hike
by • 10 May 2023
Australians’ optimism accumulated ahead of the May cash rate hike was crushed the week succeeding.
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MFAA launches broker marketing campaign
by Adrian Suljanovic • 10 May 2023
The MFAA has launched a consumer advertising campaign to promote the benefits of using the association’s... READ MORE
The key housing measures of the budget 2023–24
by Annie Kane • 9 May 2023
The federal Treasurer has outlined a range of measures to help tackle the cost of living and improve housing... READ MORE
Industry welcomes bank’s move to scrap cashbacks
by Annie Kane • 9 May 2023
Members of the mortgage broking industry have applauded CBA for scrapping cashbacks with its... READ MORE
Budget geared to ‘build more supply’, Treasurer pledges
by • 9 May 2023
Among a swathe of cost-of-living measures, the federal budget released today (9 May) is expected to help boost housing... READ MORE
Lending growth slows for majors, report says
by Adrian Suljanovic • 9 May 2023
A report has shown that loan momentum among the major banks slowed in the six months to March.
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Business conditions ease but remain elevated: NAB
by • 9 May 2023
Business conditions begin to cool as the flow of new purchases dries up.
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Stuart Robert MP resigns
by Annie Kane • 8 May 2023
The shadow assistant treasurer and shadow financial services minister, Stuart Robert MP, has announced his... READ MORE
RBA forecasts suggest 3.85% is the peak
by • 8 May 2023
The central bank’s updated forecasts signal the cash rate has hit its peak, economists... READ MORE
‘Hive’ of refi activity a boon for new brokers: FBAA
by Malavika Santhebennur • 8 May 2023
With refinancing hitting record highs, the time is ripe for new brokers to enter the industry, according to the FBAA... READ MORE
SMEs split on future optimism
by • 8 May 2023
While some SMEs are forecasting strong growth, others are predicting a contraction in their revenue over the next six... READ MORE
FHBs coming back into market as mortgage activity rises
by Annie Kane • 5 May 2023
After reaching a five-year low in February, first home buyer loans began ticking up in March amid a rise in new... READ MORE
NAB broker flows rise 11%
by Annie Kane • 5 May 2023
More than 61 per cent of NAB’s new mortgages were originated by the broker channel in 1H23, new data from the major... READ MORE
BDM satisfaction score hits new milestone
by Malavika Santhebennur • 5 May 2023
For the first time since the Broker Pulse surveys began, lender BDMs achieved a satisfaction score of over 60 from... READ MORE
Fixed-rate cliff steepens as rates rise
by • 5 May 2023
Australians who fixed their average-sized home loan two years ago are heading for a $1,250 hike in their monthly... READ MORE
Hot Property: The biggest property headlines from week 1–5 May
by Reporter • 5 May 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 5... READ MORE
3% buffer is ‘too high’: Shadow assistant treasurer
by Annie Kane • 4 May 2023
The buffer applied to mortgages is currently “too high” and “should be moderated”, shadow assistant... READ MORE
Association heads react to RBA rate hike
by Adrian Suljanovic • 4 May 2023
The Reserve Bank’s decision to raise the cash rate was a “disappointing” one, as mortgage association heads weigh... READ MORE
Credit card demand increases as mortgage demand drops
by • 4 May 2023
Consumers are taking on “more credit” than they can afford, a new report highlights.
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Mortgage holders are ‘on the brink’, FBAA warns
by • 3 May 2023
Mortgage holders are working more and spending less, as interest rate rises and inflation begins to take a toll on... READ MORE
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