Breaking

Westpac doubles women entrepreneurs fund to $1bn
21 March 2025

The major bank has expanded its $500 million women entrepreneurs fund to $1 billion to help women overcome business finance challenges.

Brokers ‘critical’ in the Bank Australia-Qudos Bank merger
20 March 2025

The recent regulatory green light granted to the merger of the two customer-owned banks has each entity preparing for the future. Brokers are playing a significant role in the process.

Mortgage inquiries increase post-rate cut
20 March 2025

The RBA’s first rate cut in five years has sparked more borrower interest in purchasing and refinancing, brokers have observed.

Labor announces additional funding for NILs
20 March 2025

The Albanese government has allocated additional funding for no interest loans (NILs) to assist with ongoing cost-of-living pressures.

Housing supply boost puts government one step closer to achieving targets
20 March 2025

The NSW government has announced another initiative to help reach housing supply targets. The move has been welcomed by industry bodies.

Australia’s first ‘social deposit’ announced by Westpac
19 March 2025

The major has revealed it is rolling out a new medium- to long-term investment product for delivering “improved social outcomes.”

Digital banking makes up over 99% of interactions: Much more than a ‘nice to have’
19 March 2025

Digital banking has gone from a ‘nice to have’ to being absolutely crucial with just about every customer using these services.

MA Money unveils new loan origination platform
19 March 2025

The non-bank lender has announced its latest tech investment to help streamline processes following strong growth.

Record-high profitability for home sellers during December quarter
19 March 2025

A report has revealed a new height in returns for home sellers despite reduced value growth in the capitals.

Home loan provider expands into commercial lending
19 March 2025

The specialist in home loan solutions for self-employed borrowers has announced its expansion into the commercial property lending sector.

Regulatory approval granted to Bank Australia-Qudos Bank merger
18 March 2025

The merging of the two customer-owned banks has been given the green light from regulators, with the matter now open to member voting.

Westpac applies competitive pressure with new variable rate
18 March 2025

Australia’s second-largest major bank has announced a new variable rate for owner-occupier refinancers, heating up the competition among the big four banks.

CBA announces small business support program
18 March 2025

The new scheme will help support hundreds of thousands of small businesses across the country.

Refinancing demand rises as rates drop
18 March 2025

Refinancing activity among property investors surges following the RBA’s interest rate cut, with significant demand for lower rates.

Federal budget watch – what should SMEs brace for?
18 March 2025

Banjo Loans’ CEO has outlined what small-business owners should be keeping an eye out for in the upcoming budget announcement on 25 March.