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Investor loans surge 19% as Qld overtakes Victoria
14 November 2024

The Australian property market is seeing a significant surge in investor activity, with new investor loans rising by 19 per cent over the past year.

The government’s CDR changes commence
14 November 2024

The resetting of the Consumer Data Right (CDR) has begun, with changes coming into effect this week.

Wage growth ‘the lowest in 2 and a half years’: How will the RBA respond?
13 November 2024

The latest data has shown a slight uptick in wages over the September quarter. However, it’s below expectations and some of the lowest gains we’ve seen in a couple of years.

Are ‘predatory’ lenders giving the private credit market a bad name?
13 November 2024

Recent controversies surrounding the private credit space have sparked discussion on the authenticity of the industry. Unfortunately, ‘bad actors’ have the potential to influence opinions on ...

Construction driving business turnover, but investor sentiment remains weak
13 November 2024

Australian business turnover has seen slight lift in September, largely driven by the construction industry; however, sentiment among commercial investors remains subdued.

Household spending won’t normalise until rates are cut
13 November 2024

Inflation is down and spending has risen slightly, showing signs of some normalcy returning to peoples’ purchasing habits. However, we won’t see a substantial shift until rates are cut, says ...

How to foster diversity and inclusion in the workplace
13 November 2024

Organisations must go beyond recruiting a diverse workforce and embed a culture of inclusion to reap the benefits, according to one executive.

Housing to influence the majority of Aussies next election
12 November 2024

A new report has found that housing issues are set to be the most influential decider for Australians this coming election.

Geography matters as a broker
12 November 2024

In the modern workforce, remote working has made working across borders and interstate far easier. For brokers, however, geography can play an important role in remaining effective.

Why has SMSF property investing seen a surge?
12 November 2024

The head of a brokerage has shed light on the growing popularity of SMSF lending.

Calls for United Nations to address bank lending for renewable energy
12 November 2024

The 2024 United Nations (UN) Climate Change Conference (COP29) kicks off this week. Calls for the discussions to address bank lending for renewable energy have cropped up, with some adamant ...

Mortgage application rise signals ‘glimmers’ of improved consumer confidence
11 November 2024

An increase in mortgage demand has suggested that consumer confidence is beginning to improve amid rate cut expectations.

Despite economic challenges business investment remains strong
11 November 2024

The Treasury’s analysis of Australia’s economic performance highlighted plenty of concerning trends. However, business investment remained strong, showing commercial and asset finance ...

Fixed-rate rollover continuing to drive up mortgage interest charges
11 November 2024

Mortgage interest charges have continued to rise, however, have been offset by lower fuel and electricity prices.

ANZ ‘fully committed’ to brokers after record high flows
8 November 2024

ANZ has continued to be the top supporter of brokers among the majors, with broker flows hitting record highs and the proprietary channel seeing a drop.