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Making news this week (ending 2 December)

In case you missed it… softening inflation, poses a ‘dilemma’ for RBA, borrowers receive apology from the Reserve Bank, brokers facilitated more than 70 per cent of mortgages, and more.

Softening inflation poses a ‘dilemma’ for RBA

Australia’s annual inflation rate for October eased, which could “pose a dilemma” for the RBA governor ahead of next week’s meeting, economists discuss.

Communication ‘failure’ flagged as borrowers get RBA apology

RBA governor Philip Lowe has issued an apology to borrowers who “acted on what we’d said and now regret what they had done.”

Brokers now facilitate 71.7% of mortgages

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The third-party channel has broken 70 per cent market share for the first time in history, new MFAA data shows.

Submission deadline extended for Mortgage Business Awards

Members of the third-party distribution channel now have until 8 December to enter the inaugural Mortgage Business Awards, so get your video submission in now!

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