18 Apr 2024
The non-major bank has confirmed the first phase of its digital mortgages roll-out is set to begin later this year.
18 Apr 2024
The Queensland government has passed new legislation through the Parliament to fast-track affordable housing development.
18 Apr 2024
Major bank economists have anticipated inflation to drop to its slowest pace since December 2021.
17 Apr 2024
The non-bank lender has announced increased loan sizes across its flagship lending product.
17 Apr 2024
Despite the increase in March, the level of new home sales was still well below previous quarters, HIA’s senior economist has ...
17 Apr 2024
The ATO is urging super professionals to watch for potential illegal access to super schemes.
16 Apr 2024
The regulator’s chief executive is due to step down from his role as ASIC enters the “next phase of its transformation”
16 Apr 2024
The NSW government has said it may look to increase taxes on foreign investors in the same week it confirmed that property ...
16 Apr 2024
An increased number of SMEs have fallen into insolvency as growing land taxes have forced landlords to increase rent.
15 Apr 2024
The Supreme Court of NSW has ruled on the application of payroll tax to certain brokers, setting a precedent that could ...
15 Apr 2024
More homes may be built in Canterbury-Bankstown, Lake Macquarie, and the Central Coast after six more stations were ...
15 Apr 2024
The change in the debt service ratio has been ‘extraordinary’, according to the major bank.
15 Apr 2024
The national average mortgage size rose during the third quarter of the financial year, the aggregator has found.
15 Apr 2024
The non-bank has increased its loan-to-value ratio bands for Prime Alt Doc loans to make them “more accessible to ...
12 Apr 2024
Borrowers refinancing have allowed the major banks to maintain their market share dominance, the aggregator has revealed.
12 Apr 2024
The non-bank lender has announced it has priced an ABS transaction in its second securitisation for the year.
11 Apr 2024
Mortgage brokers have said serviceability issues are the primary hurdle for their clients looking to refinance, the MFAA’s ...
11 Apr 2024
The association has released six recommendations to improve the home loan discharge process in its latest white paper report
11 Apr 2024
New data from the major bank has revealed almost half of new property investors in 2023 were Millennials.
10 Apr 2024
Mergers will be approved within 30 working days and follow a single decision-making process as part of new merger reforms, ...
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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...