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APRA abstains from extra regulations to mitigate AI risks

The regulator revealed it has “no such plans” to introduce new regulations to combat risks presented by AI.

Salt&Lime secures $100m private credit facility

The lender has completed a deal with iPartners to support its lending growth.

WA outperforms on UDIA Housing Index

The association’s Housing Index has revealed that Western Australia is the only state to perform above its national ...

AMP restructures home lending team

The non-major bank has brought together its broker and direct channel home lending teams under Paul Herbert, its new head of ...

Increased incomes moderating mortgage stress: Roy Morgan

Rising household incomes have led to easing levels of mortgage stress, new research has found.

CBA to accept Coposit-secured deposits as pre-sales

To fast-track home ownership, the major bank's business banking arm will accept presales with Coposit-secured deposits.

Does CBA’s direct play spell the end of retail lending?

With the major bank set to launch a digital-only home loan, speculation is mounting that this could mark the beginning of the ...

Client circumstances drive brokers to non-banks at record levels: Broker Pulse

While the risk appetite of major banks shrank, more brokers have been using non-banks to help meet client circumstances, ...

Home buying sentiment showing signs of improvement: Westpac

The major bank’s monthly survey has found some positivity in the attitudes of potential home buyers.

RBA avoided ‘excessive fine-tuning’ during May decision

The stronger-than-expected economic data prints were not enough for the RBA to lift interest rates in May.

CBA launches direct-to-consumer refinance product

The major bank is set to launch a new, more affordable refinance option, available exclusively to borrowers online.

Tasmanian government extends share equity program

The state government’s MyHome program has been expanded to support more Tasmanians in entering the housing market.

Cost-of-living causing milestone delays: Finder

Australians have paused major life milestones due to climbing living costs, new research has said.

Lenders need to do better on financial hardship assistance: ASIC

The regulator has warned lenders that it will take enforcement action if they do not improve their financial hardship ...

Home sales surge prior to building code changes: HIA

The association’s report has found that new home sales spiked in April driven by home buyers circumventing government ...

Dutton hits back at Labor’s housing plans

The Leader of the Opposition has said that the housing crisis has gotten worse under the Labor government.

Unemployment up to 4.1%: ABS

Australia’s labour market has shown signs of easing in the latest ABS dataset.

Lenders wary of construction insolvencies: Brokerage

The reputations of construction companies have impacted loan approvals, a new report from Stamford Capital has said.

Budget makes 3 ‘big misses’: CoreLogic

CoreLogic’s head of research has analysed what the federal budget got right and what it got wrong.

Winners of Mortgage Business Awards 2024 unveiled

More than 20 members of the third-party channel have been chosen as winners at the second annual Mortgage Business Awards.

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