Powered by MOMENTUM MEDIA
Mortgage business logo
Major bank chairman and CEO step down

The chairman and the chief executive officer of a major bank have announced that they are to leave their roles following ...

Government to ‘immediately’ review financial counselling

The Coalition government has announced that it will conduct an “immediate” review of financial counselling services.

RC’s final recommendations revealed

The long-awaited final report of the financial services royal commission has been released to the public, containing ...

Bank lifts home loan rates

A non-major lender has announced variable home loan rate increases of up to 15 basis points for new and existing mortgage ...

NAB succumbs to cost pressures and hikes rates

The major bank has announced increases to its variable owner-occupied and investor home loan interest rates.

Challenger bank gains full ADI licence

Volt Bank has been granted a full banking licence, becoming the first retail challenger bank to receive a full ADI since the ...

Lender lifts home loan rates by 20bps

The sustained rise in funding costs has forced the hand of another lender to increase its mortgage rates by up to 20 basis ...

Lender announces mortgage rate hikes

A bank has announced interest rate hikes of up to 18 basis points on its home loan offerings. 

HSBC appoints new head of retail banking

The non-major lender has announced that a former Westpac state manager has been appointed as HSBC Australia’s new head of ...

APRA scraps interest-only cap

The prudential regulator has announced that it will be removing its 30 per cent speed limit on interest-only lending from 1 ...

Major bank group executive to step down

The group executive of a big four bank’s Australian division has resigned from his role.  

Mortgage pricing too opaque and discounting too time consuming: ACCC

Pricing for mortgages is “opaque” and the cost and effort needed to search for discounts is “unnecessarily high”, the ACCC’s ...

New ASIC deputy chair appointed

The government has appointed a new deputy chair to the Australian Securities and Investments Commission (ASIC) following the ...

Bank CEO and MD resigns

The chief executive officer and managing director of a non-major bank has resigned from his role to focus on his long-term ...

RBA announces pre-Christmas cash rate

The Reserve Bank announced its cash rate decision for the month of December this afternoon, set against a backdrop of a ...

Shareholders agree to lender acquisition

The result of a shareholder vote to determine the outcome of a $630 million takeover bid for a lender has been announced.

Government announces $51.5m war chest to combat misconduct

The federal government has announced that it will be providing an additional $51.5 million to the public prosecutor to battle ...

Federal Court rejects Westpac $35m penalty

The Federal Court has dismissed ASIC and Westpac’s agreement for the major bank to pay a $35 million penalty for supposed ...

Major banks back HEM despite RC concerns

Three of the big four banks have expressed support for the Household Expenditure Measure, in response to concerns raised by ...

Digital brokerage names new CEO

An online mortgage broking firm has appointed Anthony Justice as its new chief executive.

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

What are the main barriers to securing a mortgage at the moment?