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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. READ MORE

Business conditions ease but remain elevated: NAB
by • 9 May 2023
Business conditions begin to cool as the flow of new purchases dries up. READ MORE

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 reveal.  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. 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