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Life decisions postponed due to high rates: Mortgage Choice
15 August 2023

The aggregator has revealed the impact the current economic environment has had on mortgagors and prospective buyers through a recent survey.

Supply shortage drives land values up: HIA 
15 August 2023

A land supply shortage lies at the core of the housing crisis, driving prices up, a new report has revealed.

ANZ halves cashback offers
15 August 2023

Among the “big four” banks, ANZ is the only bank still offering a cashback deal to refinancers.

UFinancial launches strategic partnership division 
15 August 2023

The financial services company’s latest initiative is aimed at strengthening collaboration, with a new manager appointed to help develop it.

1 million borrowers face fixed-rate cliff: RBA
14 August 2023

RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to transition.

REA Group reports settlements dropped 13% in FY23
14 August 2023

The digital property business that owns Mortgage Choice has reported a fall in new settlements amid economic challenges.

ASIC seeks input on short-term credit facilities
14 August 2023

The corporate regulator has released a consultation paper seeking feedback on proposals to extend product intervention orders on short-term credit facilities.

94% of AMP Bank’s resi loans written by brokers
11 August 2023

Nearly all of the residential loans written by AMP Bank in the last six months have come from the broker channel, according to the lender.

NAB economist expects elevated Q3 CPI 
11 August 2023

Economist Alan Oster has warned of an upcoming spike in third-quarter CPI, raising the prospect of additional interest rate hikes in the near future.

CBA adopts LIXI2 data standards
11 August 2023

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help simplify its home lending experience.

Non-bank lender completes $500m CMBS
11 August 2023

Thinktank has completed its ninth CMBS raising $500 million in funds.

Suncorp home loan book grew $4.6bn in FY23
10 August 2023

The lender reported an uptick in home lending driven by an increase in originations by the third-party channel.

A third of rate rises still to be felt: CBA CEO
10 August 2023

Home loan customers have only experienced two-thirds of the RBA’s rate hikes and arrears will likely start rising, according to the chief executive of the major bank.

CISA reveals 3-year cyber security strategic plan
10 August 2023

The US Cybersecurity and Infrastructure Security Agency has released a three-year plan to address growing cyber threats and increase resilience across government and industry.

Rent freeze needed to save $4.9bn, says Greens
10 August 2023

The party has reiterated its rent freeze demand, which blocked the HAFF bill, suggesting renters will lose another $4.9 billion if the government does not take action.