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Is the RBA growing impatient in the fight against inflation?
20 August 2024

Minutes from the August monetary policy meeting have suggested the bank has a lower level of tolerance for stubborn inflation.

Non-major appoints CCO
20 August 2024

The bank has announced the appointment of a chief commercial officer to take charge of a newly created unit.

Brokers and investors: Beware the ‘zombie’ company
20 August 2024

The concept of ‘zombie’ companies was detailed in a recent report, highlighting a surge in this trend. Broker Daily chatted to a NAB executive on the matter who urged investors and brokers ...

Another bank merger is on the horizon
20 August 2024

A Tassie and a Queensland-headquartered bank have announced their intention to merge, with a desire to continue to service local communities.

‘Every day an average of 20 investment scam websites are taken down’, says ASIC
20 August 2024

ASIC has celebrated one year since establishing investment scam disruption. In this time, the commission has taken down over 7,300 phishing and investment scam websites, totalling around 20 ...

Commercial brokerage expands to WA
20 August 2024

Commercial and finance brokerage Stamford Capital has continued its expansion with a move west to Perth. This opening marks the fifth office in as many states for the company.

Business failures set to increase across the country
19 August 2024

Aussie businesses are doing it tough and, according to recent forecasts, it’s only set to get worse as business failures are expected to rise nationally.

Experian/illion merger given green light by ACCC
19 August 2024

The regulator has announced it will allow the acquisition to go ahead.

WA is an investor’s dream: Will it last?
19 August 2024

Western Australia has seen a substantial increase in investment loans over the last year, far ahead of other parts of the country. Is this popularity expected to last or will it all turn ...

Annual spending among mortgage holders ramps up
19 August 2024

Mortgagors have increased their spending in the 12 months to July 2024.

CBA broker flows continue to shrink
16 August 2024

New mortgage business originating from the third-party channel for the major bank has seen yet another decline.

Spring is prime time for selling and buying property
16 August 2024

Spring is almost here and, in anticipation of arguably the best season, reports have forecast the selling climate we can expect in 3Q24.

AHRC pledges support for parliamentary push to make adequate housing a human right
16 August 2024

The Australian Human Rights Commission has thrown its support behind a private member’s bill that would recognise the human right to adequate housing and support improved housing outcomes ...

Unemployment rate reaches highest level since November 2021
16 August 2024

Despite the increase in July, the participation rate has reached new records, the latest ABS data has revealed.

Rate rise fears dissipate; buyer sentiment at new lows
15 August 2024

Concerns over a potential rate hike seem to have eased, while house buying sentiment plummets to historical lows.