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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. READ MORE

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

Pepper prices $675m RMBS
by Reporter • 3 May 2023
The non-bank lender has priced its second public securitisation in 2023. READ MORE

Adelaide Bank scraps upfront fees
by Reporter • 3 May 2023
The bank has indefinitely removed upfront home loan fees for new customers, reducing the cost of its mortgage by around... READ MORE

Mortgage Choice appoints head of broker growth
by Adrian Suljanovic • 2 May 2023
Timothy Schneider has been appointed as Mortgage Choice’s head of broker growth. READ MORE

MFAA welcomes 2 new state managers
by Adrian Suljanovic • 2 May 2023
The Mortgage and Finance Association of Australia has appointed Bob Masalkovski and Maree Maditianos as new state... READ MORE

RBA resumes rate rampage
by Adrian Suljanovic • 2 May 2023
Mortgagor rate relief ruined as the Reserve Bank lifts rates for the 11th time in a year.  READ MORE

Zip Business to close

by Annie Kane • 1 May 2023
After slimlining its product offering last year, the SME lender has now begun a full ‘winding down’ of its... READ MORE

Home Guarantee Scheme to expand from 1 July
by Annie Kane • 1 May 2023
More people will be able to access the Home Guarantee Scheme in the new financial year, as the government announces a... READ MORE

Bank launches ‘mortgage broking financing’ offering
by Annie Kane • 1 May 2023
Brokers can now access funding specifically aimed at helping them grow their business as part of a non-major bank’s... READ MORE

APRA buffer ‘unfair trap’ for mortgagors, CEO says
by Adrian Suljanovic • 1 May 2023
Rate Money chief executive Ryan Gair has called for the removal of APRA’s loan serviceability buffer as the... READ MORE

Pepper notes slowdown in mortgage applications
by Annie Kane • 1 May 2023
The non-bank lender saw the volume of mortgage applications drop 36 per cent in the 12 months to March 2023, as home... READ MORE

Lenders welcome move to ban credit cards for online gambling
by Annie Kane • 1 May 2023
The banking industry has welcomed the news that the federal government will ban the use of credit cards for online... READ MORE

SME confidence ‘negative’ in Q1 despite resilience
by Adrian Suljanovic • 1 May 2023
A major bank’s quarterly survey on small and medium-sized enterprises has revealed business confidence has remained... READ MORE

SMEs switch to non-banks during trying times
by • 28 Apr 2023
Despite many small- to medium-sized businesses making plans for growth, tightened lending conditions are encouraging... READ MORE

SME lender reports rise in originations for 3Q23
by Adrian Suljanovic • 28 Apr 2023
Prospa Group Limited has released a trading update for the quarter ended 31 March 2023, reporting lifts in originations... READ MORE

Aggregator appoints new state director
by Adrian Suljanovic • 28 Apr 2023
Trent Clyne has been appointed to the role of state director for Loan Market’s Queensland network. READ MORE

Hot Property: The biggest property headlines from week 24–28 April
by Adrian Suljanovic • 28 Apr 2023
The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 28... READ MORE

CDR action initiation would benefit brokers, FBAA tells Senate
by Annie Kane • 27 Apr 2023
Expanding the Consumer Data Right to give brokers ‘action initiation’ privileges would benefit mortgage borrowers,... READ MORE

Submissions open for Australian Broking Awards 2023
by Malavika Santhebennur • 27 Apr 2023
Nominations and submissions have opened for this year’s Australian Broking Awards, run with the support of principal... READ MORE

Cyber attack to weigh on non-bank lender’s bottom line
by • 27 Apr 2023
A non-bank lender has acknowledged the major impact of a cyber attack last month on the company. READ MORE

Brighten launches bridging loan product
by Adrian Suljanovic • 27 Apr 2023
A non-bank lender has introduced its new short-term bridging loan product aimed at alleviating pain points associated... READ MORE