Breaking

Private credit a ‘sharp double-edged blade’ for Australian investors
25 November 2024

The private credit industry has exploded in Australia.

Offshoring a challenging yet rewarding option for brokerages
22 November 2024

As operational costs increase, those with the capability may be interested in offshoring staff. While this can be a beneficial avenue for growth, it’s not a decision that should be made ...

Median income needed to service a new mortgage rises to 50.6%
22 November 2024

Housing affordability has worsened further towards the end of 2024, with it now taking more than half of the median household income to service new loans.

National new home sales continue upward trend
22 November 2024

The HIA’s monthly home sales report has revealed a further lift in the volume of new home sales.

Brighten integrates NextGen to boost broker experience
22 November 2024

The non-bank lender has announced the integration in a move that’s centred around broker experience.

Without non-bank lenders, the loan market would be a different beast
21 November 2024

Non-bank lenders can provide varied services from that of the big banks. While this is beneficial for consumer choice, it’s also crucial for third-party distribution.

Business failures at the highest rate since the pandemic
21 November 2024

After witnessing some positive trends in the offset of COVID-19, business failures across the country have picked up again.

Should SMEs expand or hold back in a slowing economy?
21 November 2024

With GDP growth at just 0.2 per cent as of the June quarter of 2024, small and medium-sized enterprises (SMEs) are presented with a crucial decision: should they expand or hold back?

Automation tools for brokers launched
21 November 2024

New tech has been unveiled designed to make the day-to-day operations of brokers faster and simpler.

RBA ‘ready to adjust’ rates as economic outlook evolves
20 November 2024

The RBA minutes for the November meeting revealed that members recognised the importance of flexibility in monetary policy as economic conditions change.

Relationship building a top consideration for commercial brokers
20 November 2024

Client retention and relationships are front of mind for commercial brokers, according to a new survey.

Cash purchases account for over ¼ of resi purchases
20 November 2024

Over a quarter of residential property purchases were done with cash across NSW, Victoria, and Queensland.

Agribusiness hits record lending milestone
19 November 2024

Our crucial farming sector is turning to lenders to spur growth with ‘agribusiness’ lending reaching record highs.

Bluestone extends investor loading waiver offer
19 November 2024

Bluestone Home Loans has announced the extension of this offer to provide brokers with more opportunity to help clients save money on loan costs, while securing financing for their next ...

ASIC takes aim at major bank
18 November 2024

NAB has been targeted by ASIC after allegedly failing to support customers when applying for hardship support.