Economy 16 July 2026

Upgraders drive record June quarter for AFG

Homeowners looking to trade up have become an increasingly dominant force in the broker market, with upgrader activity reaching near record levels, according to new data.

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Borrower

‘Smoke and mirror’ tactics of subvention finance flagged

16 July 2026

Vehicle dealers are increasingly pushing subvention finance to lure in cash-strapped buyers, creating a misapprehension among borrowers about the true cost of their purchase, ...

Regulation

HSBC sets out fraud response after $35m penalty

16 July 2026

HSBC has revealed the steps it is taking to strengthen its fraud controls and compensate affected customers after being hit with a $35 million fraud penalty.

Lender

Homesafe rolls out equity release product across regional Victoria

16 July 2026

Homesafe has expanded into regional Victoria, making its equity release product available to home owners across several new markets as demand for retirement funding options ...