Powered by MOMENTUM MEDIA
Broker Daily logo

Breaking

Lending and broking top open banking use cases
24 June 2024

There are now 158 use cases for open banking in Australia, with lending, credit, and broking dominating the use cases.

Firstmac prices Australia’s first solar RMBS issuance
24 June 2024

The lender has priced the country’s first RMBS issuance to include residential mortgages that are written under the rooftop solar proxy.

Major evolution to Mortgage Business imminent
21 June 2024

Since its launch in 2007, Mortgage Business has been a leading resource for mortgage brokers and the wider third-party distribution channel. Nearly two decades on, much has changed and so ...

House price forecast: What’s driving some areas to reach record highs?
21 June 2024

A recent forecast of Aussie house prices has outlined some continued trends that could place pressure on buyers. With some parts of the country predicted to reach record highs, the future ...

Resimac pulls out of NZ mortgage lending
20 June 2024

Following a review of the New Zealand mortgage market, the non-bank lender has decided to cease receiving home loan applications from NZ clients.

How will stage 3 tax cuts increase borrowing capacity?
20 June 2024

With the stage 3 tax cuts soon to come into effect, Aussie Home Loans has revealed new research analysing its potential effect on borrowing capacity.

Tasmania introduces stamp duty concession for apartment buyers
20 June 2024

To encourage more buyers into newly built apartments and units, the Tasmanian government has introduced a new stamp duty concession.

New home sales drop following construction code changes: HIA
20 June 2024

National home sales fell during May following the changes to the National Construction Code.

People First Bank announces new CEO
19 June 2024

The bank has named its next CEO, along with announcing the retirement of four board directors.

Mortgage industry lawyers demerge
19 June 2024

Law partner Craig Green and more than 150 staff will demerge from Gadens Brisbane, which is withdrawing from retail mortgage processing.

Rate hike considered; rate cut was not
19 June 2024

Michele Bullock has confirmed the RBA considered hiking rates in June, while a rate cut was not discussed.

Government change to discharges ‘doesn’t go far enough’: Associations
19 June 2024

While the move to make discharge forms easier to access has been welcomed, the broking industry has lamented that reforms have not gone further.

RBA calls June cash rate
18 June 2024

The central bank has announced its decision following its June monetary policy meeting.

30% expect to have a mortgage during retirement: Survey
18 June 2024

A recent survey has found that almost a third of Australians believe they will be paying off a home loan in retirement.

Qld government amends legislation for ANZ-Suncorp merger
18 June 2024

The ANZ-Suncorp merger has been brought one step closer to fruition with the Queensland government amending its merger legislation.