Powered by MOMENTUM MEDIA
Mortgage business logo
Construction insolvencies increased more than 85%: Equifax

Building activity has continued to decline amid rising construction collapses.

Mortgagors taking ‘positive steps’ to improve financial situations: AMP

New research released by AMP Bank has indicated that mortgagors are taking measures to cushion the blow of rising interest ...

Westpac forecasts terminal cash rate at 4.1%

The major bank announced it has lifted its RBA cash rate forecast from 3.85 per cent to 4.1 per cent.

MyState loan book grew 11% in 1H23

A record $1.6 billion of home loans were settled by the non-major bank in the first half of the 2023 financial year, as it ...

Pepper Money’s home loans lift $6.8bn in 2022

The non-bank lender reported a new “record” to its total loans for the 2022 calendar year.

Lenders penalised $6m for misconduct: ASIC

The Federal Court has found that ClearLoans has breached the Credit Act and ordered over $6 million in penalties.  

Broker boost fuels MA Financial FY22 result

MA Financial Group has reported record underlying revenue in the year ended December 2022, up 41 per cent to $302 million.

New mortgages ‘fell further’ in January 2023, CBA reveals

On the back of record profits, the major bank’s latest lending data has confirmed fewer Australians are purchasing new homes

First offers made for Northern NSW buyback program

The NSW government has announced it aims to make buyback offers to the first 250 residents in the region’s high-risk flood ...

Qld disaster assistance extended to northern and central regions

Seven more flooded local councils in Northern and Central Queensland have been made available for support following severe ...

NZ Reserve Bank throws 50 bps at cash rate

The Reserve Bank of New Zealand has hiked interest rates to 4.75 per cent, in the wake of Cyclone Gabrielle.

Pause excluded in February rate hike decision: RBA

Only a cash rate hike to start 2023 was considered, the central bank’s monetary policy minutes have revealed.

Mortgage applications decline 16.1%: Equifax

Mortgage demand fell during the December 2022 quarter, impacted by the central bank’s consecutive rate rises, Equifax says

Government pledges super reforms to help housing investment

The federal government has laid out its objectives for Australia's $3.3 trillion superannuation.

Switch banks to ‘put pressure on them’, RBA reminds Aussies

Australians unhappy with their bank should ‘switch’ for better deposit and mortgage rates, the central bank has advised

Aussie-UK anti-money laundering, counter-terrorism deal inked

AUSTRAC has partnered with a UK counterpart to fight fraud, the financial intelligence agency has announced.

Heartland Group chairperson steps down

The group announced that its current chairperson Geoff Ricketts has decided to step down for an indefinite period due to ill ...

Cash rate hike speed ‘doesn’t matter much’, says RBA

The central bank says it’s the level of cash rate — not the speed it’s achieved — that matters, Australian senators have ...

Pallas Capital eyes Qld expansion with new hires

The non-bank lender has announced three new appointments to its Brisbane team as it looks to enter the Queensland market.

Pepper Money raises 1st $1bn RMBS for 2023

Pepper Money has started its RMBS pricing strategy strongly this year, the non-bank lender has reported.

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