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Mortgage holders urged to negotiate better deals this Christmas
18 December 2024

Mortgage holders are advised to ask their banks for better deals this Christmas, as interest rate cuts remain unlikely until well into 2025.

Major bank announces retirement of CFO
17 December 2024

The chief financial officer (CFO) at one of the major banks has announced his retirement, with a search for a replacement beginning.

From outfits to marketing, broker professionalism is key
17 December 2024

Promoting professionalism when dealing with clients is important for a broker. This extends beyond outfits, with things like social media and general office tidiness equally crucial.

Banjo Loans CEO outlines key strategies for SMEs in 2025
17 December 2024

As the festive season approaches, leading non-bank lender Banjo Loans is turning its focus towards the new year and the steps SMEs can take to ensure their success in 2025.

Bank sued over failing to protect customers from scams
16 December 2024

ASIC has alleged the bank did not provide adequate control to prevent scammers.

Expect 2 cuts and a 3.85% cash rate in 2025, says ANZ
16 December 2024

The major bank has made its prediction as to what the cash rate will drop to following predicted cuts.

Business insolvencies at ‘record highs’
16 December 2024

A breakdown of the business landscape across Australia has revealed record-high insolvencies, with things expected to get worse as we enter 2025.

Household spending won’t substantially increase until rates are lowered
16 December 2024

Although spending increased during Black Friday sales, higher interest rates are still dampening a large lift in household spending.

Mortgage credit growth up despite higher interest rate environment
13 December 2024

Credit growth in residential mortgages has increased year-on-year, new data from APRA has revealed.

CBA to ‘accelerate growth across Australia–India corridor’
13 December 2024

The major bank has unveiled plans to collaborate with ICICI Bank in India to help support customers across both nations.

Unemployment rate falls but we’re still ‘far from out of the woods’
12 December 2024

The unemployment rate has dropped through November, showing some signs of stabilisation. Despite this, some believe we’re far from normal.

Former bank CEO sentenced to 18 months’ jail
12 December 2024

A former director and CEO of a member-owned bank has been found guilty on dishonesty offences.

Proprietary channel won’t push out brokers, says NAB
12 December 2024

The added attention banks are giving to the proprietary channel, paired with a significant increase in the use of AI and automation, may have some brokers worried. Despite this, NAB has ...

Economists observe dovish tilt in RBA’s stance
12 December 2024

While the result of the December monetary policy meeting was no surprise, analysts have noted the increased confidence in the RBA’s rhetoric.

Home sales up 8% year on year
12 December 2024

The housing market has proven resilient over the course of 2024 despite global and domestic pressures.