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Resimac welcomes new CFO

The chief executive of the non-bank lender has announced the lender’s next chief financial officer.

Australia sees second-busiest start to auction season on record

The first week of February 2024 saw the second-busiest start to the auction season on record, according to CoreLogic data.

New mortgage lending drops for first time in 5 months

Despite rising home values, new home lending volumes dropped in December 2023, new ABS figures have shown.

Largest mutual bank senior debt deal raised

A $400 million medium-term note transaction has been raised by a mutual lender, the largest deal of its kind by an Australian ...

2 banks announce intention to merge

The two customer-owned lenders are exploring a merger in a bid to benefit from economies of scale and create “Australia’s ...

Perth home values snag top spot in January

Australia’s western state has led the charge in home value growth for yet another month.

Dwelling approvals remain near decade lows

Building approvals took another hit in December following two months of gains.

Full interoperability needs to be ready by December 2025: ARNECC

ELNOs need to be ready for full interoperability for key documents by 31 December 2025, according to a new mandate.

All 4 majors see loan book growth

The major banks have recorded the first month of positive loan book growth across the board since July 2023.

December CPI points towards February cash rate hold

The lower-than-expected CPI figures will likely convince the RBA to hold the cash rate in February, economists have said.

Inflation growth at 2-year low

The ABS has revealed the smallest quarterly rise in the CPI since 2021.

Mortgage demand lifts as interest rates stabilise: Equifax

Positive growth for mortgage demand has been recorded for the first time in two years, Equifax has found.

Home loan stress rises following consecutive declines: Roy Morgan

New research has revealed a further increase in mortgage stress in the three months to December 2023.

Lower tax on BTR could bolster affordable home numbers

An additional 10,000 affordable homes could be built at no cost to taxpayers if government reduced a tax on build-to-rent ...

Will interest rates be the biggest influence on housing this year?

Nearly three-quarters of real estate agents think rates will have the most significant influence on the housing market in ...

Lenders open financial assistance for Cyclone Kirrily

Lenders have begun offering emergency assistance for those impacted by extreme weather events in North Queensland.

Qld opposition would raise FHB stamp duty threshold

Queensland’s Leader of the Opposition has committed to raise the stamp duty concession threshold for first home buyers.

Submissions open for Mortgage Business Awards 2024

Leading players of the third-party mortgage distribution channel are being invited to enter the second annual Mortgage ...

Outgoing Credit Suisse CEO appointed to ANZ board

The major bank has announced the appointment of Richard Gibb as a non-executive director to its Group board.

Revised stage 3 cuts ‘a plan for middle Australia’: PM

Prime Minister Anthony Albanese has shed light on the alterations to the upcoming stage 3 tax cuts.

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