9 May 2024
Lender economists continue to anticipate rate cuts later this year, despite the central bank entertaining the potential of ...
9 May 2024
The regulator has granted the big four major banks to develop an assurance acquisition program for aggregators.
9 May 2024
The majority of Australians believe that banks are putting profits over customer service, according to new data from COBA.
9 May 2024
The federal government has announced a budget commitment of over $90 million to boost the number of skilled workers for the ...
8 May 2024
The major bank has said that mortgage brokers settled the majority of its home loans in its half-year results.
8 May 2024
The state government has earmarked an additional $700 million for its shared equity home buying scheme for its final year.
8 May 2024
Hackers are increasingly targeting home buyers to scam them out of their settlement funds, according to Slater and Gordon ...
7 May 2024
The monetary policy board has made its decision for the official cash rate for the month.
7 May 2024
While the general consensus is for the central bank to hold the cash rate at 4.35 per cent today, rate hikes may be ...
7 May 2024
The group’s total mortgage portfolio has increased by over $50 billion, according to its latest financial results.
7 May 2024
More than 150,000 Australians have achieved home ownership under the government scheme.
7 May 2024
The National Housing Supply and Affordability Council has assessed Australia’s housing market in its inaugural State of the ...
6 May 2024
OPINION Macquarie’s latest financial results show its mortgage book accounts for over 5 per cent of the bank market share, so ...
6 May 2024
Rising house prices have accentuated the year-on-year increase in the value of new mortgages.
6 May 2024
To support self-employed borrowers, the lender has updated its loan sizes and documentation requirements on its products.
6 May 2024
While dwelling approvals have begun to rise from the doldrums, high-density approvals reached a 12-year low in March, ...
3 May 2024
The November rate hike and expiring fixed-rate mortgages have impacted the living costs of employee households, the ABS has ...
3 May 2024
The lender will soon cease offering loans for the government’s Home Guarantee Scheme due to “operational factors”.
2 May 2024
The new chief executive of the major bank has revealed that returns on broker loans are “below the cost of capital” due to ...
2 May 2024
Enabling Australians to access super for housing and “getting government out of the way” would help alleviate housing issues, ...
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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...