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19 May 2022
NSW mortgage volumes falling
New mortgage volumes were down in NSW in March 2022 for the first time following record highs in 2021, according to new dat...
18 May 2022
AMP partners with Nano for new digital mortgage
The bank has announced it is partnering with Nano to utilise its tech to offer a digital mortgage for retail customers in Q3....
18 May 2022
RBA considered 40-bp cash rate raise
The Reserve Bank has revealed that it weighed up three different options for the size of the first cash rate rise in almost 1...
18 May 2022
CBA launches direct-only digital mortgage
The major bank has launched its digital home loan division, Unloan, which is a product that has a progressive interest rate d...
18 May 2022
Former Westpac, ANZ CEOs launch non-bank lender
Two ex-big four executives have teamed up to launch a new non-bank lender, targeting older Australians who want to help their...
17 May 2022
WA commits to stamp duty rebate expansion
The state’s latest budget will build on previous rebates for off-the-plan apartments as part of a drive to improve housing ...
17 May 2022
NSW Parliament approves e-conveyancing reforms
The focus to introduce interoperability across Australia has taken its first steps, with NSW confirming the amendments to it...
17 May 2022
Bluestone successfully prices $1bn RMBS transaction
The non-bank lender has priced its first Australian RMBS transaction for the year, said to be the largest-ever capital market...
16 May 2022
PM promises early super for housing
The Liberal Party has pledged to allow first home buyers to use their superannuation savings for housing deposits, but the p...
16 May 2022
41.4% of income needed to service mortgage, finds report
More than two-fifths of a borrower’s income was needed to service mortgages in March 2022, after rising for the third conse...
16 May 2022
Majority of South Australians worried about housing
A new survey has found the vast majority of South Australians know someone who is struggling in the housing market, with fear...
16 May 2022
Qld invests $741m to help rebuild flood-impacted homes
The state’s government has revealed the launch of its Resilient Homes Fund, devoted to rebuilding homes damaged from the fl...
13 May 2022
CBA grows home lending, but margins squeezed
Home and business lending carried the Commonwealth Bank’s third-quarter cash profits of $2.4 billion. ...
13 May 2022
YBR digital mortgage app hits market
The broking franchise and aggregation group has now released an app to accompany the Y Home Loans website. ...
13 May 2022
Consumers bracing for ‘steep’ rate rises: Westpac
More Australians are expecting mortgage rate increases to surpass 1 per cent over the next year, according to a new survey. ...
13 May 2022
Newly built homes sales slowed in April: HIA
The sales of new detached dwellings slipped over April, and ran lower than a year earlier, when HomeBuilder was in full swing...
12 May 2022
Australians hesitant to share banking data with brokers
While Australians find open banking as increasingly valuable, the majority remain hesitant when trusting brokers with access ...
12 May 2022
Time taken to save a deposit hits record 11.4 years
Housing affordability has worsened, with the median time required to save a 20 per cent deposit blowing out to 11.4 years, ac...
12 May 2022
Non-banks to rise through rate hikes: Bridgit
A bridging loan specialist expects to see borrowers shopping around as the cash rate rises, with non-banks tipped to benefit....
12 May 2022
Former Allianz deputy GM joins PEXA board
The digital property settlement group has confirmed a new addition to its leadership, appointing Helen Silver AO as a non-exe...
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