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What open banking looks like in 2022

2021 delivered immense traction for the open banking landscape and CDR legislation in Australia. It’s a year that has arguably put the nation ahead of leading financial markets like the UK ...

What open banking looks like in 2022
Home loans rebounded over November

The value of new home loans pivoted upwards after three months of freefall, according to the latest ABS data.

Home loans rebounded over November
More than 137k people applied for HomeBuilder

The government grant to support home construction received a total of 137,621 applications, with the majority coming from Victoria, Treasury has revealed.

More than 137k people applied for HomeBuilder
Heritage Bank opens NSW branches

Despite a trend of banks closing branches, the non-major bank has opened its second bricks-and-mortar branch in NSW in as many months.

Heritage Bank opens NSW branches
Productivity Commission to review National Housing and Homeless Agreement

The Productivity Commission will kick off a review into the government’s affordable and social housing scheme.

Productivity Commission to review National Housing and Homeless Agreement
Winners of the 2021 Women in Finance Awards unveiled

Mortgage Business is thrilled to announce the winners of the 2021 Women in Finance Awards, which was held in-person with over 550 people in attendance.

Winners of the 2021 Women in Finance Awards unveiled
Bank of Mum and Dad overstated: Productivity Commission

The Productivity Commission has insisted there is no “strong evidence” of parents giving large bumps to their children’s property purchases.

Bank of Mum and Dad overstated: Productivity Commission
Total bank loans near $3 trillion, finds APRA

The value of total residents loans and finance leases rose to just under $3 trillion in October, with housing loans up at $1.9 trillion, new APRA stats show.

Total bank loans near $3 trillion, finds APRA
Suncorp BNPL product hits market

The non-major bank has now launched its buy now, pay later offering, becoming the latest lender to offer the service.

Suncorp BNPL product hits market
Prime home loan arrears continue decline: S&P Global

Overdue mortgage debt has travelled downwards for the fourth month in a row, according to a new report by the credit ratings agency.

Prime home loan arrears continue decline: S&P Global
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