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15 Aug 2022
Industry welcomes new MFAA CEO
Members of the broking industry have welcomed the appointment of Anja Pannek as the new chief executive of the Mortgage &...
15 Aug 2022
July listings record largest yoy increase for 12 years
The “unusually busy” winter period saw property listings increase by 4.9 per cent on last year, the largest year-on-ye...
15 Aug 2022
Major bank distributes another $2m to flooding appeal
A big four bank has distributed a further $2 million in funding to support flood victims across Australia’s east coast. ...
12 Aug 2022
Making news this week (ending 12 August)
Making news this week, CBA and NAB reported a lift to home lending, Video VOI to ‘fall by the wayside’ this decade - futu...
12 Aug 2022
Spending continues while sentiment falls, economists say
The latest sentiment data reveals household and businesses are reacting differently to the economic challenges, with mortgago...
12 Aug 2022
ABS to release monthly inflation data
The first monthly consumer price index indicator is set to be released by the Australian Bureau of Statistics in October. ...
12 Aug 2022
AMP reports 9% rise in home lending
The banking arm of AMP saw its residential mortgage book increase to $22.4 billion, or 9 per cent, in the first half of its ...
11 Aug 2022
CBA home lending ticks up in FY22
Commonwealth Bank of Australia has reported home lending grew by 7.4 per cent over the financial year 2022, but slowed in the...
11 Aug 2022
Loan fintech launches loan tracking tool
LoanOptions.ai has launched a progress tracker tool to enable borrowers to track the progress of their loan applications. ...
11 Aug 2022
RBA launches central bank digital currency pilot
The Reserve Bank of Australia has launched a new research project to investigate use cases for a central bank digital currenc...
10 Aug 2022
REA mortgage settlements lift in FY22
The digital property advertising business has bumped up its annual net profit by 25 per cent, in part due to “record settle...
10 Aug 2022
NAB reports lift to lending, deposits following Citi acquisition
The bank has released its June quarter results, reporting a lending and deposit boost in the wake of its deal with the lender...
10 Aug 2022
Frollo confirms app screen scrape phase-out
The fintech has pledged to remove screen scraping from its app where open banking is available. ...
9 Aug 2022
Video VOI to ‘fall by the wayside’ this decade: Mark Pesce
The increasing sophistication of identity fraud will result in the death of video and audio identity verification by the end ...
9 Aug 2022
UK scraps mortgage buffers
The Bank of England has removed the affordability buffer for British borrowers this month in a bid to remove some barriers t...
9 Aug 2022
Latitude sheds insurance business
The non-bank group has announced it will sell its insurance business, Hallmark, which would inject $20 million into its core ...
8 Aug 2022
Owner-occupier demand cools over 2022 as investors lift
The Reserve Bank’s latest Statement on Monetary Policy reported that borrowing growth slowed during 2022’s first half, dr...
8 Aug 2022
Westpac’s former compliance head joins PEXA
Les Vance, Westpac’s former group executive for compliance and financial crime, has been named as the property exchange pla...
8 Aug 2022
Clearance rates at lowest since May 2020: Domain
The number of capital city homes clearing auctions reached its lowest recorded figure in over two years, according to new dat...
8 Aug 2022
Distressed listings continue recent uptick over July: SQM Research
The number of Australian properties sold under distressed conditions increased again over July, marking the second consecutiv...
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