Powered by MOMENTUM MEDIA
Mortgage business logo

Innovation

Credit growth to ‘remain subdued’ despite stimulus

A surge in mortgage volumes off the back of recent market developments is unlikely amid downside risks on both the supply and demand sides of the market, according to S&P.

S&P Global
Household sector downsides to serve as ‘handbrake’ on price growth

Household indebtedness and subdued wage growth will slow the rate of recovery in the housing market, according to S&P Global Ratings.  

Household sector downsides to serve as ‘handbrake’ on price growth
APRA ‘slow to embrace’ pro-competitive innovation

The prudential regulator’s “risk-averse” approach has inhibited financial services firms from innovating and adopting technologies that could “enhance their competitive position”, according ...

The Treasury
‘Triple tailwinds’ could double mortgage growth

Recent political, economic and regulatory developments could rejuvenate home lending growth, particularly among the major banks, who have been outpaced by their smaller competitors, ...

NAB CBA Westpac ANZ
Auswide reports ‘acceleration’ in mortgage growth

The Queensland-based lender has reported strong growth across its mortgage portfolio as it expands its reach across the country.

Auswide Bank
Moody’s fears ‘resurgence’ of ‘excessive’ mortgage growth

APRA’s proposal to loosen serviceability measures could reignite the credit boom, Moody’s has said, amid growing expectations that the market would approach equilibrium sooner than expected

Moody’s Investors Service
BNK reports multichannel mortgage growth

BNK bank has reported home lending growth via both its direct and third-party mortgage businesses.

Symon Lyons
‘Very strong’ growth expected in financial broker population

The government expects to see “very strong” growth in the number of financial brokers in Australia over the next five years, continuing the trend from the past five.

‘Very strong’ growth expected in financial broker population
BOQ reports negative mortgage growth

The non-major bank’s mortgage portfolio has dropped to $24.7 billion, with the lender reporting a $259 million contraction in home lending growth.

BOQ
Mutuals poised for growth as Parliament passes bill

A new bill designed to level the playing field for mutual banks has passed both houses of Parliament.

Mutuals poised for growth as Parliament passes bill
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?