Powered by MOMENTUM MEDIA
Mortgage business logo
Should we be calling Macquarie a major bank now?

OPINION Macquarie’s latest financial results show its mortgage book accounts for over 5 per cent of the bank market share, so ...

Home loan values record strong yearly growth: ABS

Rising house prices have accentuated the year-on-year increase in the value of new mortgages.

Pepper Money expands Prime Alt Doc offering

To support self-employed borrowers, the lender has updated its loan sizes and documentation requirements on its products.

High-density approvals reach 12-year low

While dwelling approvals have begun to rise from the doldrums, high-density approvals reached a 12-year low in March, ...

Mortgage interest charges rose 7% in March quarter: ABS

The November rate hike and expiring fixed-rate mortgages have impacted the living costs of employee households, the ABS has ...

P&N Bank withdraws from Home Guarantee Scheme

The lender will soon cease offering loans for the government’s Home Guarantee Scheme due to “operational factors”.

Returns on NAB broker loans ‘below the cost of capital’

The new chief executive of the major bank has revealed that returns on broker loans are “below the cost of capital” due to ...

Shadow treasurer slams Help to Buy, pushes super for housing

Enabling Australians to access super for housing and “getting government out of the way” would help alleviate housing issues, ...

BNK loan book holds steady in 3Q24

The ASX-listed lender has released its trading update for the third quarter of the financial year 2024.

Heartland Bank acquires Challenger Bank

The New Zealand bank has officially acquired the digital bank following approval from regulatory boards.

April price gains ‘on par’ with previous months: CoreLogic

Home prices have maintained a steady pace of growth, the latest CoreLogic data has revealed.

Westpac loan book growth accelerates: APRA

The growth rate of the major bank’s mortgage book doubled in March, APRA has revealed.

Mortgage demand drops in March quarter: Equifax

A fall in mortgage demand has reversed the positive growth recorded in the December 2023 quarter, Equifax has reported.

Non-bank lender hacked

The non-bank lender has been targeted by hackers, with an “unauthorised third party” reportedly having accessed customer ...

CBA hikes bonuses to stop bankers from becoming brokers

The major bank is increasing the amount of money its bankers can make on home loans, in a bid to stem the outflow of bankers ...

Major banks have the edge on tech, say brokers

The interim results of the Third-Party Lending Survey 2024 have shown that brokers believe the major banks are the ...

Moneytech launches new SME lending product

The non-bank lender is offering a combined working capital and business loan product for small- to medium-sized enterprises

Only 10% of banks have high-quality CDR mortgage data

The vast majority of home loan data pulled from open banking is unusable without intervention, according to a new report.

Cash rate peak may hit 5.1%: Economist

Interest rate hikes may continue to rise in the later half of the year, an economist has said.

Home prices continue to break milestones: Domain

New data released by Domain has revealed a new record for house and unit prices across the combined capitals.

brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph

What are the main barriers to securing a mortgage at the moment?