Breaking

The lender will soon cease offering loans for the government’s Home Guarantee Scheme due to “operational factors”.

The new CEO of the major bank has revealed that returns on broker loans are “below the cost of capital” due to “price premiums” in the channel.

Enabling Australians to access super for housing and “getting government out of the way” would help alleviate housing issues, according to shadow treasurer Angus Taylor.

The ASX-listed lender has released its trading update for the third quarter of the financial year 2024.

The New Zealand bank has officially acquired the digital bank following approval from regulatory boards.

Home prices have maintained a steady pace of growth, the latest CoreLogic data has revealed.

The growth rate of the major bank’s mortgage book doubled in March, APRA has revealed.

A fall in mortgage demand has reversed the positive growth recorded in the December 2023 quarter, Equifax has reported.

The non-bank lender has been targeted by hackers, with an “unauthorised third party” reportedly having accessed customer information.

The major bank is increasing the amount of money its bankers can make on home loans, in a bid to stem the outflow of bankers to the broker channel.

The interim results of the Third-Party Lending Survey 2024 have shown that brokers believe the major banks are the frontrunners on tech when it comes to mortgages.

The non-bank lender is offering a combined working capital and business loan product for small- to medium-sized enterprises.

The vast majority of home loan data pulled from open banking is unusable without intervention, according to a new report.

Interest rate hikes may continue to rise in the later half of the year, an economist has said.

New data released by Domain has revealed a new record for house and unit prices across the combined capitals.