Mortgage industry ‘as busy as ever’
The CEO of an ASX-listed mortgage business has seen demand for housing loans “rise significantly” in response to the recent shift in sentiment.
Citi’s mortgage rates plunge by up to 160 bps
The non-major has reduced variable and fixed rates across its owner-occupied and investment home loan products.
Experian acquires fintech to boost open data offering
Experian A/NZ has acquired an Australian fintech that analyses and categorises bank statements.
Cashflow Finance reports 226% growth in equipment finance
Strong broker uptake of CML Group’s equipment finance offering has helped the lender build revenue from this stream by 538 per cent in the...
APRA responds to ‘misinterpretation’ of banking data
Australia’s prudential regulator has clarified that, contrary to the views expressed by some analysts, the average balance of housing loa...
Westpac subsidiaries drop fixed rates by up to 140 bps
The Bank of Melbourne, BankSA and St.George Bank have slashed fixed rates across their owner-occupied and investment home loan offerings.
Gateway slashes rate floor
The member-owned bank has announced changes to its residential mortgage lending policy in response to APRA’s new guidance.
Investors consider shares ‘a safer bet than property’
More than half of online investors view shares “as a safer bet than property” in a low interest environment, a new study has found.
Hannah Dowling
What is financial abuse?
Cameron Kusher
The case for not passing on cash rate cuts to mortgage rates
Merrilyn Mansfield
The 5 credit repair secrets every broker needs to know
Peter Langham
Choice is crucial: Growth would slow without brokers
