Breaking

Westpac appoints temporary head of consumer
29 April 2025

The major has announced a leadership change to lead its consumer division while it searches for a permanent head.

2.5% buffer would unlock home ownership for over 250k borrowers
29 April 2025

New research commissioned by an industry association has reportedly found that hundreds of thousands of Australians could access affordable home loans with a lowered serviceability buffer.

Small business confidence rebounds in March quarter
29 April 2025

Smaller businesses are gaining traction as hiring, revenue, and sentiment lift; property and transport sectors show renewed optimism across several states.

WA best economically performing state for third straight quarter
29 April 2025

Western Australia has topped the economic performance leaderboard across five economic indicators.

What the major parties are proposing ahead of the 2025 federal election
29 April 2025

Ahead of the upcoming 2025 federal election on 3 May, both major parties have announced several policy pledges that could significantly shake up the housing sector.

Financial adviser on how to unlock income from property
29 April 2025

Property is closely tied with wealth generation in Australia. One financial adviser has provided some tips for maximising potential.

Businesses should review card payment surcharges, says ACCC
29 April 2025

The commission is urging businesses to review card surcharges to ensure compliance with consumer law.

Debunking the myth of the ‘overnight success’ broker
28 April 2025

The media loves to portray mortgage brokers as flashy, Ferrari-driving millionaires who stumbled into easy wealth. But the reality? True success in broking is built on years of hard work, ...

Chief economist says to ‘lock in’ May rate cut
28 April 2025

Despite the 1Q25 CPI figures not yet being released, Westpac’s chief economist has assured that the RBA will lower the cash rate in May.

SA becoming a ‘top market’ for FHBs
28 April 2025

The share of first home buyer loans, along with annual growth, has become increasingly prevalent in the state, new data has shown.

Mortgage stress reaches 2-year low
28 April 2025

Stress among mortgage holders has dropped to levels not seen since 2023 following the February rate cut.

House prices climb for ninth straight quarter
28 April 2025

Capital city house prices rise for the ninth straight quarter to nearly $1.18 million, as Adelaide cracks the million-dollar mark for the first time and Brisbane’s growth streak comes to a ...

New Resimac CEO start date announced
24 April 2025

The previously appointed CEO has now been given a commencement date, with goals of developing broker and consumer experience.

BOQ not exiting broker channel, but retail to remain paused
24 April 2025

The non-major has announced it is prioritising digital transformation and will continue the pause on broker-originated home loans until it can determine a trajectory.

Safe seats in jeopardy due to housing affordability declines
24 April 2025

Housing affordability is shaking up once-safe Labor and Coalition seats, with young voters turning to independents, an analysis has revealed.