Powered by MOMENTUM MEDIA
Broker Daily logo

Breaking

FHBs face 99% surge in deposit sizes
26 September 2024

The size of a deposit needed on an average property has spiked over the last decade.

Loan applications up at the start of spring
26 September 2024

A brokerage has reported an increase in loan applications during the beginning of the busy spring selling season.

RBA likely to disregard August CPI
25 September 2024

Although the August CPI figures showed annual inflation entering the RBA’s target band, the central bank will likely look through this data until the release of the Q3 inflation reading.

Bank slapped with record fine
25 September 2024

A non-major bank has been hit with a record-high penalty.

Rate hike not ‘explicitly’ considered
25 September 2024

The RBA governor has shed light on the considerations for both a rate hike and a cut during the September monetary policy meeting.

Borrowers at risk of mortgage stress inch lower
25 September 2024

New data has revealed that the share of mortgage holders at risk of mortgage stress fell for the second month in a row.

HIA calls for ‘independent oversight board’ for APRA
25 September 2024

The association has urged the government to develop an “RBA-style” board to oversee the regulator to ensure target mortgage arrears of between 2 and 3 per cent.

Restrictive policy to stay until inflation moves towards target
24 September 2024

Inflation is still too high for the RBA’s liking and intends to keep rates elevated until it sustainably enters the target range of 2–3 per cent.

Greens to continue blocking reforms until rates are cut
24 September 2024

The party intends to block Labor’s RBA reforms until the Treasurer enacts never-before-used powers to lower interest rates.

Brokers a ‘source of confidence’ for home buyers
24 September 2024

A new report has shown how a mortgage broker’s expertise is essential for home buyer confidence.

Finalists unveiled for Women in Finance Awards 2024
24 September 2024

Mortgage and commercial finance brokers are in the running to win one of the coveted Women in Finance Awards 2024.

Banking group names new CEO
23 September 2024

The group has announced its incoming chief executive officer.

High rates and prices decimate housing affordability
23 September 2024

Housing affordability has deteriorated to its worst level since the mid-90s.

Cup Day rate cut off the table for all majors
23 September 2024

One last major bank has joined its counterparts in delaying its predictions for a cut in interest rates.

MA Money announces spring offering
23 September 2024

The non-bank lender has unveiled its inaugural Spring Offer.