Making news this week (week ending 22 April)

Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 22 April

You can read the full stories here: 

Government boosts max property prices for home guarantees 

Prime Minister Scott Morrison has promised higher property price caps for new buyers under the Home Guarantee Scheme from July.

Predictive analytics in lending expected ‘in next 12 months’

Lenders and brokers will be able to harness predictive analytics from open banking data to proactively offer loan products in the next year, according to MogoPlus.

Property could be at the end of the supercycle boom: Shane Oliver

The end point of the 25-year “supercycle boom” in property prices may be nigh, AMP’s chief economist Dr Shane Oliver has suggested.

MFAA calls for BNPL inclusion in open finance

The body has said the addition is needed for CDR to be “truly inclusive of the whole non-banking lending sector”.

New VOI and signing tech launches

A new e-signing and identity verification solution has been launched that aims to improve security while reducing the VOI and signing process to minutes.