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, ...
10 Apr 2024
Lending to build or purchase a new home remains at two-decade lows, signalling a more persistent downturn, HIA’s chief ...
9 Apr 2024
The Albanese government has released draft legislation to encourage investment and construction in the build-to-rent sector
9 Apr 2024
The value of new loan commitments has recovered after back-to-back declines, the ABS has shown.
9 Apr 2024
The NZ-based bank is set to become the first to acquire an Australian bank. Meanwhile, Heartland’s chief executive announces ...
9 Apr 2024
The institute’s president has urged the government to restructure its build-to-rent scheme if it hopes to reach its 1
8 Apr 2024
The low rate of building approvals has been influenced by financial challenges facing the building industry, HIA’s senior ...
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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...