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26 Jul 2024
Despite a steady rise in mortgage arrears, the changes have been described as “modest” and rapid rises are being mitigated ...
26 Jul 2024
Emerging research has suggested there are signs of a new era for Australia’s property market.
26 Jul 2024
APRA has finalised reforms to enhance banks’ liquidity and capital requirements, aiming to bolster their ability to handle ...
25 Jul 2024
The recent CrowdStrike outages that affected systems across the world have some questioning digital banking.
25 Jul 2024
Brokers have been urged to be vigilant to clients’ needs as the lending landscape is set to become more complex, an ...
25 Jul 2024
Have you always wanted the financial benefits of being a landlord but only have $1,000 in your pocket? Then REITs may be for ...
25 Jul 2024
The new feature will reportedly make it quicker and easier for customers to make additional loan payments.
24 Jul 2024
The income boost provided by the government’s stage 3 tax cuts could prove to be futile should the RBA increase the official ...
24 Jul 2024
Becoming the first of the big four banks to do so in 2024, NAB has cut its fixed rate by 0.6 percentage points.
24 Jul 2024
Connective has announced a promotion and a new hire to its executive team.
24 Jul 2024
Organising cash in a pinch for business owners can be what makes or breaks them.
23 Jul 2024
Economists are recognising a housing value growth slowdown across Australia. A variety of influences are at play, ...
23 Jul 2024
The government’s ambitious housing target is well underway; however, there are still challenges that may hinder this from ...
23 Jul 2024
The Scam-Safe Accord announced in November 2023 is a partnership between banks aimed at providing a “higher standard of ...
22 Jul 2024
The digital specialist bank has named its new CEO, beginning her role today (22 July).
22 Jul 2024
The central bank has unpacked the main drivers behind the recent increases in home loan arrears.
22 Jul 2024
The June quarter has seen a substantial increase in new home purchases, in what is being described as a sustained sales ...
22 Jul 2024
Rising stock levels and sticky inflation have weighed on demand, resulting in an easing in the rate of home value growth.
22 Jul 2024
A recent deep dive into market trends has outlined some of the top trends impacting the global economy.
19 Jul 2024
Westpac is set to have its risk capital add-on reduced by $500 million after positive progress to improve risk governance, ...
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Comments
It makes sense in theory but I think the system is far to established to get any change here. good on YBR for giving this a crack, I think it would open up a lot more mortgage activity for people to s...
Come off it BigBob, YBR are completely off the mark with this! Only thing that will fix the problem is wholesale reform of the banking sector!...
Never going to happen. The 'banks' don't want to share the pie with those, as you rightly point out, are driving innovation in this sector. Cant see it changing at any point. Govt scared that opening ...
Give it a go Coles. while you've got some customers you can tap up getting them to shift from buying groceries to a mortgage is going to be an uphill battle. Hope you've got some deep pockets as it wi...