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RedZed announces changes to product range
17 April 2024

The non-bank lender has announced increased loan sizes across its flagship lending product.

New home sales up but flat over quarter: HIA
17 April 2024

Despite the increase in March, the level of new home sales was still well below previous quarters, HIA’s senior economist has said.

ATO issues warning about illegal early access to super
17 April 2024

The ATO is urging super professionals to watch for potential illegal access to super schemes.

ASIC CEO to depart
16 April 2024

The regulator’s chief executive is due to step down from his role as ASIC enters the “next phase of its transformation”.

NSW may increase foreign investor taxes
16 April 2024

The NSW government has said it may look to increase taxes on foreign investors in the same week it confirmed that property owners would be tapped to pay for the state’s emergency services

Increased land taxes resulting in SME insolvencies
16 April 2024

An increased number of SMEs have fallen into insolvency as growing land taxes have forced landlords to increase rent.

Loan Market payroll tax ruling handed down
15 April 2024

The Supreme Court of NSW has ruled on the application of payroll tax to certain brokers, setting a precedent that could reverberate throughout the industry.

Homes to be built around 6 more NSW stations
15 April 2024

More homes may be built in Canterbury-Bankstown, Lake Macquarie, and the Central Coast after six more stations were volunteered for residential development.

Australia’s debt service ratio ‘extraordinary’: CBA
15 April 2024

The change in the debt service ratio has been ‘extraordinary’, according to the major bank.

Average mortgage size up in March quarter: AFG
15 April 2024

The national average mortgage size rose during the third quarter of the financial year, the aggregator has found.

Resimac expands Prime Alt Doc LVRs
15 April 2024

The non-bank has increased its loan-to-value ratio bands for Prime Alt Doc loans to make them “more accessible to self-employed borrowers”.

Refinance activity drives up big 4 market share: AFG
12 April 2024

Borrowers refinancing have allowed the major banks to maintain their market share dominance, the aggregator has revealed.

Pepper Money prices second public securitisation
12 April 2024

The non-bank lender has announced it has priced an ABS transaction in its second securitisation for the year.

Serviceability the ‘number one’ barrier for refinancers: MFAA
11 April 2024

Mortgage brokers have said serviceability issues are the primary hurdle for their clients looking to refinance, the MFAA’s new survey has found.

MFAA releases white paper recommendations for home loan discharges
11 April 2024

The association has released six recommendations to improve the home loan discharge process in its latest white paper report.