Powered by MOMENTUM MEDIA
Mortgage business logo
Consumers boosted savings by almost 50% during COVID: CBA

Mortgage repayment concerns helped drive Australians to build up their savings balances to a level 46 per cent higher than ...

Economists split between 25 or 40-bp rate hike

Economists believe the Reserve Bank will choose to crank up the cash rate again at its meeting today (7 June), but the size ...

New home loans sink across board over April: ABS

Owner-occupier and investor loan commitments fell over the month, affirming earlier predictions of a cooling housing market

Pepper prices 1st social bond

The non-bank lender has raised $300 million for its first social bond, which will finance loans that deliver positive social ...

Only ⅓ of Australians across credit score: SocietyOne

The vast majority of the country is unaware of its financial standing, according to new data by the online lender.

RBNZ winds back dividend restrictions for banks

Kiwi banks are set to be freed from limits on how much they can pay shareholders, but they have been told to stay alert ...

Lenders ranked in annual independent broker survey

The results of Momentum Intelligence’s 2022 Third-Party Lending survey of residential mortgage brokers have been released, ...

ANZ predicts 40-bp cash rate hike for June

Economists from ANZ have joined Westpac in betting the Reserve Bank will make a sharp rise in the cash rate next week, to ...

CBA tips capital city housing to dive over 2023

The major bank has updated its Australian property forecast, stating that homes across the country’s capitals will fall by ...

Heartland completes StockCo Australia acquisition

The reverse mortgage provider has confirmed its $154.4 million purchase of the agri lender, expanding its overall presence in ...

PM confirms ministry, housing promoted to cabinet

Prime Minister Anthony Albanese has confirmed his government’s first full ministry, while sliding the housing portfolio into ...

RBNZ begins first 5-year remit review

The New Zealand central bank has confirmed it has commenced its five-yearly review of its monetary policy remit.

NAB finalises $1.2bn Citi acquisition

NAB’s efforts to secure Citigroup’s Australian consumer bank for $1.2 billion have come to fruition.

ANZ mortgage run-off woes continue

The major bank has recorded another drop in its owner-occupied book after falling by around $300 million in April, according ...

Treasurer ‘keen’ to commence RBA review

Treasurer Jim Chalmers has acknowledged calls from economists for a foreign player to lead an independent review of the ...

Dwelling approvals plummet in the wake of HomeBuilder

Approved residential dwellings have trended downwards over April, sinking by more than 32 per cent in the 12 months since the ...

Mutual banks still battling despite higher rates: S&P

Although higher mortgage rates will bring in more earnings for the banks, S&P has warned the mutual sector will still be ...

ANZ tightens high-risk lending

Two of Australia’s big four banks have tightened their debt-to-income threshold amid rising interest rates.

Alternative financing options needed as housing affordability worsens, report finds

The shortage of affordable housing suitable for older people is worsening, fuelling the need for more alternative housing and ...

Major bank sued for overstating account balances

ASIC is suing a big four bank over allegations that a “continuing problem” misleads customers as to available funds and ...

brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph

As a broker, what area of lending do you prefer?