Mortgage business logo

Making news this week (week ending 6 May)

Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 29 April.

You can read the full stories here: 

‘Now was the right time’: RBA raises cash rate

Reserve Bank governor Philip Lowe has flagged more cash rate lifts are on the way, after the first in more than 10 years took place on Tuesday (3 May).

ANZ confident its borrowers can afford rate rises

The majority of ANZ borrowers will be able to manage a rising interest rate environment, the CEO of the major bank has said while announcing the group's half-year results.

md discover

NAB enters enforceable undertaking over anti-money laundering controls

NAB has started calculating how much its enforceable undertaking will cost, after an AUSTRAC investigation found issues in the bank’s systems and controls.

Surging inflation to eat into housing market: CoreLogic?

Amid a peak in inflation and a looming cash rate rise, mortgage demand and house prices are tipped to slide earlier than expected.

You need to be a member to post comments. Become a member for free today!
Share this article

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?