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Breaking
9 May 2023
The major bank wrote almost $50 billion in new home loans in 1H23, with the proprietary channel originating less than half of new flows.
9 May 2023
The ABS has released its latest building approvals data, revealing a decline in approvals in March following a rise in February.
8 May 2023
The shadow assistant treasurer and shadow financial services minister has announced his resignation to ‘focus on his family’.
8 May 2023
The number of owner-occupiers taking out loans to build a home has fallen to record-low levels, new data has revealed.
8 May 2023
Mortgage brokers originated 64 per cent of ANZ’s new mortgages in 1H23, up 11 percentage points on the same period last year.
5 May 2023
March saw a new record in refinance activity and the first time in over a year that the value of new home lending increased.
5 May 2023
The big four banks have passed on the central bank’s rate hike for May, as mortgage holders brace for higher repayments.*
5 May 2023
The central bank has reiterated that its forecast is not “pure predictions of the future”.
5 May 2023
A major bank says using AI can help fight fraud and enhance customer experience.
4 May 2023
The former chief executive of MyState Ltd is set to join the non-major bank as its new CEO later this month.
4 May 2023
Rising interest rates have driven up mortgage bills for employee households by a whopping 78.9 per cent for the year to 31 March 2023, ABS data reveals.
4 May 2023
The central bank unexpectedly lifted the official cash rate during the May meeting, with some economists warning this could lead to a recession.
4 May 2023
Home owner confidence jumped 3.7 points, just before the central bank pumped up the cash rate by a further 25 bps.
3 May 2023
Following the RBA’s decision to raise rates, the leader of the Australian Greens has called on the government to “step in” and freeze mortgage rates.
3 May 2023
The scheme could pave the way for at-risk women to transition from renting to home ownership by accumulating a home loan deposit.